Pos M’sia unlikely to shut underperforming outlets
Ng Wai Mun | 10 Nov 2017 00:30
The number of counters operated by Pos Malaysia is on the rise, from 264 in the financial year ended March 2015 (FY15) to 321 in FY17

Pos Malaysia Bhd is unlikely to close some post offices anytime soon to optimise its earnings despite another set of disappointing but not unexpected results from its postal division.

A senior analyst tells FocusM that Pos Malaysia cannot easily close down post offices, especially those that are not heavily patronised.

“The number (of post offices) cannot be reduced as there is an agreement with the government. Provision of postal services is also under the purview of international postal-related agencies. Furthermore, there is a union for the postal workers,” she says.