Postal fund to become ‘reality’ with RM150mil injection
Communications minister Fahmi Fadzil says the fund will help ensure postal and parcel deliveries continue to reach rural and remote areas.
The government's postal fund, designed to ensure delivery services reach rural and remote areas, will become a reality with an RM150 million injection in the first quarter of 2027. Communications Minister Fahmi Fadzil revealed this during the World Post Day celebration today. Managed by the Malaysian Communications and Multimedia Commission (MCMC), the fund would support deliveries to underserved areas.
Although included in the Postal Services Act since 2012, previous governments had not taken steps to make it a reality. Fahmi compared the fund to the Universal Service Provision (USP) Fund in the telecommunications sector, which aids remote service provision. He clarified the fund could be used for more than traditional postal services, including goods and parcel delivery.
Furthermore, the government is exploring the future of the postal and courier industry, which is being impacted by the growth of e-commerce and foreign courier companies. Potential changes to policies, laws, and operations may be necessary to help the industry adapt to current challenges.
Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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