Pos Malaysia raises postal prices

Pos Malaysia is to raise domestic postal rates for the first time in 18 years. The price for stamps for standard mail weighing up to 20g will be revised from 30 sen to 60 sen, and for mail weighing up to 50g, from 40 sen to 70 sen.

Group managing director and chief executive officer Datuk Syed Faisal Albar said the continuous decline in public mail volume over the past years prompted Pos Malaysia to take various measures to contain costs while maintaining productivity.

“This has affected our ability to adjust the low salaries of our postmen and counter clerks, which are 19% lower than their government counterparts,” Syed Faisal said.

He also assured customers that Pos Malaysia would continue to seek ways to improve its efficiency, standard of service and reliability.

The increase in price will also affect non-standard mail below 100g, periodicals, PosDokumen, registered mail and parcels below 2kg.

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