Tag: Pos Malaysia

Pos Malaysia Bhd is looking at business alliances and collaboration with postal organizations of Asean nations to strengthen its competitiveness and enhance its postal delivery service. Chairman, Datuk Ikmal Hijaz Hashim said projects planned with the Asean postal organizations included joint marketing strategies on express mail services, promotion of parcel services and joint stamp and philatelic products among the Asean countries. “Pos Malaysia is also upgrading its international remittances services to speed up payment transaction,” he said at a press conference after the launch of the 12th Asean Postal Business Meeting. Ikmal said Pos Malaysia non-postal services such as payment of utilities and remittance services were growing as a significant contributor to group’s turnover. He said the current de-pegging of the ringgit would also be positive to Pos Malaysia as it would help to lower operating cost structure.

Pos Malaysia & Services Holdings Bhd intends to expand its courier service business to the 1.2 bln usd market in Southeast Asia and beyond, the Star reported.

It cited Pos Malaysia Managing Director Ikmal Hijaz Hashim as saying the business is a major growth area for the company, as its courier service PosLaju National Courier already accounts for 20 pct of group sales.