Malaysia’s courier, express, and parcel market is expected to reach US$1.58 billion (RM6.9 billion) next year, driven by rising e-commerce demand and infrastructure improvements, said Deputy Communications Minister Teo Nie Ching.
Following this, Teo urged local companies in the sectors to seize the opportunity to further develop their businesses and make use of the policies and initiatives announced by the government.
“Malaysia’s aggressive digital transformation policy has caught the eyes of global investors from the technological space.
“To enhance micro, small and medium enterprises’ (MSMEs) business capacity by embracing digitalisation, RM50 million is allocated as the digital matching grant for SMEs and the digital grant for vendors under Bank Simpanan Nasional to help local entrepreneurs remain competitive in the market,” she said.
Teo also said the Malaysian Communications and Multimedia Commission has allocated RM100 million for a period of five years to strengthen the functions of National Information Dissemination Centres to assist individual entrepreneurs in increasing their incomes through online entrepreneurial activities.
“The government also plans to implement a multi-tiered levy mechanism from January 1, 2025, to reduce foreign worker dependency.
“The proceeds from the levy will be channelled back to the industry to engineer business processes towards automation and mechanisation,” she added.
As for the event, courier company City-Link Express (M) Sdn Bhd has entered into a partnership with Weststar Maxus Sdn Bhd to enhance its delivery service capabilities through electric vehicles (EVs).
Under this partnership, City-Link Express will utilise three EVs from Weststar Maxus to achieve sustainable and greener last-mile delivery, demonstrating a strong commitment to environmentally friendly practices. — BERNAMA
