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Pos Malaysia To Maintain Double-Digit Growth In Courier Business


Last update: 07/12/2017

KUALA LUMPUR, Dec 7 (Bernama) -- Pos Malaysia Bhd expects its courier business to maintain a double-digit growth in revenue next year, leveraging the country's e-commerce expansion.

Group Chief Commercial Officer, Nor Azizan Tarja, said the group's courier business had overtaken the postal business in terms of revenue contribution since October 2016.

"For the past 200 years, it was all about postal but since it had been surpassed by the courier (segment) the trend has remained that way in line with the e-commerce bullish trend," he told reporters at a panel discussion themed 'Malaysia e-Commerce to Experience a Transformative Year in 2018' organised by Lazada Malaysia.

Among the other panellists today were SME Corporation Malaysia Chief Executive Officer (CEO) Datuk Hafsah Hashim, Lazada Malaysia CEO, Hans-Peter Ressel and Facebook Malaysia Country Director, Nicole Tan.

Nor Azizan said about 75 per cent of Pos Malaysia's shipment handlings were from the Klang Valley but the company is now seeing an increasing trend in shipment from both sellers and buyers from the outskirts.....