Pos Malaysia to hike tariff rates soon, says source

KUALA LUMPUR:  Pos Malaysia Bhd has yet to obtain details of the new postal tariff rates and the implementation date from the government although the postal service provider has received a letter confirming the approval for the tariff hike.

“We are awaiting further details on what was approved and tabled. So far, there is nothing to announce yet,” a source in the company said on Dec 12, adding that the change in pricing would not impact the postage rates for domestic non-commercial users.

Earlier, Nikkei Asian Review reported that the government has approved a proposal from the listed national postal service company to raise rates, its first revision in nearly a decade.

Attributing the information to two unidentified ministers, it said Pos Malaysia is expected to announce the changes soon.

The changes include increase in tariffs, changes in the tariff structure, and deregulation in some segments, it added. – Bernama

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