A protected industry globally

Keen competition: A J&T Express employee in action. The Indonesia-based firm has been aggressively expanding ahead of its Hong Kong initial public offering.

IN many countries around the world, the last mile delivery of documents and parcels seems to have regulations in place to protect homegrown entities. The situation is not unlike how the banking and telecommunications sectors are also governed.

In banking and telecommunications, that level of protection is clearly visible in Malaysia, where local banks and telcos have been protected from the onslaught of foreign players.