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.
Malaysian Communications Minister Fahmi Fadzil has announced that the government will inject RM150 million into the postal fund to ensure delivery services reach rural and remote areas. The fund, overseen by the Malaysian Communications and Multimedia Commission (MCMC), had been part of the Postal Services Act since 2012 but remained unimplemented.
Fahmi stated that the fund would be used not only for traditional postal services but also for delivering goods and parcels to underserved areas. He likened the fund's operation to the Universal Service Provision (USP) Fund in the telecommunications sector. Additionally, Fahmi expressed the government's intention to explore the long-term future of the postal and courier industry, considering the impact of e-commerce and foreign courier companies on the sector.
He noted that adjustments to existing policies and operations might 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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