Govt triples Postal Service Fund to RM150m, eyes Q1 2027 rollout to support rural deliveries
KUALA LUMPUR, Oct 10 — The government has allocated RM150 million to activate the Postal Service Fund, which is no...
The Malaysian government has increased the funding for its Postal Service Fund to RM150 million, with plans to operationalize it by the first quarter of 2027, Communications Minister Fahmi Fadzil announced today. This is a threefold increase from the RM50 million previously allocated for the program. The fund's primary purpose will be to support the Universal Service Obligation (USO), focusing on letter delivery to rural, remote, and island areas.
Fahmi mentioned that the government's target was initially set for the third quarter of 2026, but adjustments may be necessary due to the evolving e-commerce and digital technology landscape. He emphasized the importance of protecting the welfare of postal and courier workers, ensuring fair compensation and just wages. The Ministry of Communications and Multimedia (MCMC) has initiated discussions with e-commerce service providers and major courier companies, along with regulatory agencies such as the Royal Malaysia Police and the National Pharmaceutical Regulatory Agency.
The fund, authorized under Section 98 of the Postal Services Act 2012, can be utilized for various purposes, including universal postal services, network expansion, technology advancements, and other activities determined by the minister. The Communications Ministry, MCMC, and Pos Malaysia will collaborate on special initiatives to commemorate the 70th anniversary of National Postal Day.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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