Showing posts with label Internet startup. Show all posts
Showing posts with label Internet startup. Show all posts

Thursday, 16 May 2013

Price hike of international postage by Pos Malaysia Berhad

I just back from outstation and went to Post Office today to do my normal delivery.

Staff of Post Office pass me a booklet ( pic below). I ask in Malay "Price increase?" and they said "yes, since yesterday ( 15 May 2013 )

With the popular of email, sms and whatapps etc. Volume of normal mail has drop gradually. However, with the popularity of people buying online. The only growth area of Pos Malaysia Berhad is parcel for ecommerce.

Generally, those parcel mail to overseas as Malaysian still do not have habit of buy online.

Thus, ecommerce operator are partner or stakeholder of Pos Malaysia Berhad.  However, with a price increase. don't you think Pos Malaysia Berhad milking Ecommerce operator, it partner and stakeholder  too early?
Malaysia have a reputation of provide low cost of goods globally. Pos Malaysia Berhad suppose to reduce price to increase volume to enlarge the cake rather than kill the goose that lay the eggs too early.

Ecommerce operator are challanging with US's QE1, QE 2 by US and appreciation of Ringgit currency. This has eaten margin of Ecommerce operator significantly.

It doesn't help when Bank Negara fail to control exchange rate charge by Paypal Paypal have increase it exchange rate last year. Paypal exchange rate are significantly higher than commercial bank and Licensed Money Changer. This further eaten margin of Ecommerce operator. Other than price increase of Ecommerce Mall operator like eBay. A company who control Paypal.

With the price increase of Pos Malaysia Berhad. Will this be the last straw who kill the industry and dampen the effort of Malaysia to move from manufacturing economic to become a Ecommerce hub and Economic Transformation Program (ETP) EPP121 Growing a virtual Mall is yet to be see. I really feel that price increase is not the way to acheived NKEA : Communication,Content and Infrastructure : Business Opportunity 3 : Courier, post and Broadcast.

Update 1 : The Star : Revised postal rates just too high
Update 2 : The Star : High postal rates severely affecting business
Update 3 : ebay forum : Pos Malaysia certainly sky rocket their international shipping fee.
Update 4 : Itu dia : Malaysia news sharing : Pos Malaysia 调涨国际包裹邮费 400%
Update 5 : Malaysiakini : Pos Malaysia ups overseas parcel rate, irks netizens
 Update 6 :  web2ship eparcel offer more prefential rate to US and will give reader of this blog 5 free shipments for trial OR total rebate of Max RM50 until end of this month for our eparcel service as long as you use our eBay integration. Promotion code : Arbirage . Disclaimer : Arbiage Sdn Bhd (927246W) never used such services before and reader should used it services at your own risk Arbirage Sdn Bhd (927246W) just informed reader of such offer and should not see as endorsed their services.
Update 7: Lowyat forum : Pos Malaysia Ridiculous Price Hike After May 17!, Price Hike of RM 40++!!!
Update  8: Malaysians must know the truth : Pos Malaysia ups overseas parcel rate, irks netizens
Update 9 :  faithluv2eatntravel : Price Revised for International Shipment from Yours Truly....POS MALAYSIA
Update 10 : Majlah Review Malaysia : POS Malaysia: Kos hantar bungkusan ke luar negara naik 400 peratus
Update 11 : Malaysiakini : HLIB: Many challenges ahead for Pos Malaysia
Update 12 : Photo: This is Pos office lastest price for INT AIR MAIL  for small parcel.
Update 13 : Malaysiakini : 国际包裹邮费暴增四倍大马邮政激怒网上业者
Update 14 : The Star: Don’t kill the golden goose, Pos Malaysia
Update 16 : : Pos Malaysia shipping rates update / new Small Packet May 2013
Update 17 : Pos Malaysia and the ’400%’ price rise 
Update 18 : 南洋商报 : 居民投诉82元变279元 寄澳洲包裹两周涨300%?
Update 19 : Caj Pos Malaysia naik 8 kali ganda?
Update 20 : 星洲日報 : 郵政公司:國際郵費漲更快遞送
Update 21 : 南洋商报 : 邮费调涨一倍 海外网购料受冲击
Update 22 : 中國報 : 國內保持不變 國際郵件包裹郵費調漲
Update 23 : 忠政快讯- 大马邮政公司自5月15日开始调涨国际包裹邮费,激怒从事 ...
Update 24 : The Star : Postal rates still way too high
Update  25 : Asean Trading Link : Singapore Post Limited benefited from recent price hike of Post Malaysia Berhad
Update 26 : Lowyat forum : Pos Malaysia Is Killing All the Online Seller !, Postage 2013 May Increase 400%
Update 27 : Wangcyber :  Adoiii! Mahal giler caj baru Pos Malaysia! Matilah kita
Update 28 : Facebook Boycott Pos Malaysia Page
Update 29 : cari forum : 国际包裹邮费暴增四倍 KNS
Update 30 : Cari forum : 大馬郵政公司有无漲價?
Update 31 : i3investor : Culprit of Malaysia Balance of trade surplus drop
Update 32 : The Star : Postal rates affecting small businesses
Update 33 : Asean Trading Link : One year after Pos Malaysia international postage rate price hike


Wednesday, 21 March 2012

Why Alvin Woon not invest in Malaysia

Co-founder of Alvin Woon said has consider to invest in Malaysia to expand 3 years ago. However, due to lack of talent and incentive from government, he has give up Malaysia and invest in Taiwan eventually.

Great potential in internet Startup

He said, in fact, there is great potential for Start up in Malaysia. Standard of product launch here are on bar with product in US. Unfortnately, investment environment here not condusive to nurture such industry.

Whether government would give tax incentive and availability of talent, are important consideration on whether or not to set up a base here. As there is no such advantage at that point. We have to give up Malaysia.

Alvin Woon is responding to a question on whether would set up a branch here after a conference on Entrepreneurship at University Tunku Abdul Rahman.

He said frankly that , as a Malaysian, he would like to set up a base in Malaysia so that he able to "go home" very often. But he has to face reality eventualy : " I can't told other co-founder, I am a Malaysian, so we have to choose Malaysia (to set up company) " (Translator note: Alvin Woon split shares equally among 3 co-founder before Angel investor come in)

Alvin still observing government effort in attracting investment and talent

As to Malaysia current transformation in attracting foreign investment and talent. Alvin said he will observed.

In restrospect, 90% of internet startup are by Chinese. But they rarely get funding from government.

"In fact, we can't expect to attract overseas talent to come back just by slogan. Some has come back, but unable to find neccessary manpower talent to complete the task, mission required. You have to fill up a lot of form if need funding and been through a lot of challenge.......

"Some people do come back 10 years ago, Maybe they find it difficult to stay ( in Malaysia ), have to leave and never come back again. I don't want my first experience back to Malaysia to be like this. I never give up Malaysia from the beginning until now, hope able to lend a hand to Malaysia, especially in internet startup."

He know deeply government effort in attracting overseas talent. and understand someone must make the first move " I just hope this is not a difficult first step"

Youth must venture into business earlier

Alvin Woon advised young people to venture into business earlier as youth has advantage. Not afraid to fail and can fail early. If not, you will lack time and energy when you grow older and just regret.

He has few wisdom on  his journey in entrepreneurship startup. first is "Don't care about copy or compare, don't waste your time in care about what other people doing. What you did on yourself is more important.

In order to venture Alvin Woon when to Toronto from US alone to set up a base. Just give up his existing job and girl friend. It is tough initially, but base on determination, he able to venture his own success. launch on November 2007, have more than 20 language version and expand quickly in Asia country like Taiwan, Malaysia, Philippines and Singapore. It has 6 million to 7 million member now. with 50% of it member in Taiwan.

Venture Capital important in internet Startup
Alvin Woon said he has to understand internet business in Malaysia market first before deciding to contribute in which area.

On how to incubate & nurture internet startup. He said funding is important. Many Malaysia have programming capability, but they unable to move next step, if lack working capital. You need money in marketing and networking. It is difficult to consider your next move if lack capital.

He stress, startup capital requirment are lower in Malaysia compare to US, plus you get higher return on capital. Many people don't understand internet startup, They don't invest even they have capital. They rather invest in property or gold. This required change in mindset.

Excerpt and translated from Nanyang dated 16 March 2012


云惟彬揭噗浪弃马投台原因 “网络市场缺奖掖人才”

政府吸资及挽留人才 云惟彬持观望态度
年轻人创业要趁早 “做好自己最重要”

第三届中小企业大会•云惟彬:强硬推销引反感 网上软销更有效