Finally, new base rate for parcel delivery


Tan: The last-mile delivery business is of national importance.

AFTER years of cut-throat pricing in the last-mile delivery business, the Malaysian Communications and Multimedia Commission (MCMC) has finally come up with a measure to stop the rot.

A guideline that places a minimum price of RM5 per parcel of 2kg and below has been imposed on all licensed players by the regulator, effective since Dec 1, 2024.For those not in the know, the unbridled entry of foreign-owned players, has significantly impacted Malaysia’s last-mile parcel delivery sector, killing off most of the local players.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Kenanga IB ups stake in Halogen Capital in latest funding round
Orkim shares climb with institutional investors taking substantial stake
Foreign buyers extend net buying in Asian markets
China's factory output, retail sales weaken in November
Oil rises on fears of supply disruption as US-Venezuela tensions escalate
Ringgit maintains upward trend, trade firmer against US$
Stocks slip as traders reduce exposure ahead of central bank meetings, key data
FBM KLCI slips after previous-week rally
Trading ideas: Kerjaya Prospek, Lianson, Hume Cement, Orkim, Econpile, Khee San, Mytech, Managepay, Industronic, Evocom, SLGC, Yinson, EWI
Truhome hires four banks for US$300mil IPO

Others Also Read