Business

MCMC imposes two-year freeze on new courier service permits

The decision follows a call by an industry group representing 25 major courier companies

Updated 5 years ago · Published on 26 Oct 2020 12:30PM

MCMC imposes two-year freeze on new courier service permits
As of this month, there are 109 courier service licence holders, including POS Malaysia, operating in Malaysia. – Bernama pic, October 26, 2020

KUALA LUMPUR – The Malaysian Communications and Multimedia Commission (MCMC) has decided to impose a two-year moratorium on the issuance of new courier service permits, effective September 14 this year until September 15, 2022.

MCMC, in a statement today, said the decision was made with the consent of Communications and Multimedia Minister Datuk Saifuddin Abdullah, through the licensing authority of the Postal Services Act 2012 and it can be reviewed at any time if needed.

Therefore, MCMC will not accept any new licence applications for all categories of courier services during this time.

“The moratorium is implemented to make way for the government, together with the postal and courier industry to formulate new plans to strengthen the sector which faces various challenges due to technological changes and market trends.

“The move is also inline with the call made by the Association of Malaysian Express Carriers (AMEC), which represents 25 major courier companies in the country including Pos Malaysia Berhad, GD Express, GD Express Sdn Bhd, City-Link Express (M) Sdn Bhd, in August,” the statement said.

However, MCMC said new licence applications and renewals received before the moratorium comes into effect would be processed as usual for approval.

As of this month, there are 109 courier service licence holders in various categories operating in Malaysia.

The statement also said that the process of drafting a new action plan will be implemented through the National Postal and Courier Industry Laboratory (NPCIL) which will take place for three weeks, from November 2 to 22, subject to the implementation of the conditional movement control order.

“The full report containing the proposed action plan to support the strategic development of the new postal and courier industry will be uploaded on the MCMC website.

“The NPCIL outcome is important as the industry serves as the core of e-commerce activities and digital economy development which is now facing various new challenges,” it said adding that the last study on the postal and courier industry was conducted in 2009. – Bernama, October 26, 2020

Related News

Trending / 2mth

Langkawi ferry to go out of business if trips are not reduced

Malaysia / 8mth

MITI focuses on financing, digital empowerment to boost women entrepreneurs - Tengku Zafrul

Malaysia / 9mth

Ipoh: The Haven granted stay of execution; business as usual

Business / 1y

Faudzi Naim Noh death a great loss to the business community 

Business / 2y

Matrix Concepts founder honoured with business excellence award

Culture & Lifestyle / 2y

Direct flights between Penang and Shanghai from May 31

Spotlight

Malaysia

Bersatu-PH tie-up a possibility as coalition seeks Malay support, analyst says

By Alfian Z.M. Tahir

Malaysia

Woman molested on her way home from work (video)

Malaysia

Court allows Daim's daughter to permanently keep passport

Malaysia

Santiago pokes holes in data centre hype, asks: Who really benefits?

By Alfian Z.M. Tahir

Malaysia

Jeweller vows to pursue Rosmah until ‘every penny’ is recovered as RM67.5m battle enters enforcement phase

Malaysia

Ambulance carrying two injured men crashes en route to hospital after MPV collision in Besut

Malaysia

Man blames 'lack of love' for sexual assault on teens

Business

BNM's OPR to stay at 2.75 pcent in 2026 amid strong domestic demand - Kenanga IB

Malaysia

Missing jewellery: Rosmah ordered to pay RM67.5 million

You may be interested

Business

AI should support human thinking, not replace it - MDEC CEO

Business

Unemployment rate rises to 3.0 per cent in April 2026 - DOSM

Business

Ringgit holds firm against major currencies as markets await key US inflation data

Business

Kami Builders secure RM300 million ASEAN sustainability sukuk, channels Islamic capital into QIU campus development

Business

BNM's OPR to stay at 2.75 pcent in 2026 amid strong domestic demand - Kenanga IB

Business

Open fibre sues Bank Pembangunan, six others in RM2b claim over Aries telecoms liquidation

Business

Ringgit holds firm despite US inflation shock as markets brace for Federal Reserve decision