Rationale of having postal tariff hike. POSM views that the Government’s recent move to approve postal tariff hike as timely and necessary, as: (1) Malaysia has one of the lowest postal tariffs in the world; (2) It needs to raise the wages of its employees in order motivate them to help execute the transformation plan. To do this, a review in postal tariffs is required; and (3) It requires significant capex to modernise and improve its operating efficiency and service quality.
Pos Malaysia Berhad : More Details On New Postal Tariffs -12042010
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