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 15 : kelvinator21.blogspot.co.uk : 2013 POS MALAYSIA HAS INSANELY INCREASES INTERNATIONAL AIR PARCEL FOR WORLDWIDE DELIVERY THAT TAKES EFFECT IN MAY 2013 - 17.MAY.2013
Update 16 : blog.shipping-quote.net : Pos Malaysia shipping rates update / new Small Packet May 2013
Update 17 :blog.shipping-quote.net : 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 https://www.facebook.com/BoycottPosMalaysia
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

  




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20 comments:

  1. Arbirage16 May 2013 at 19:36

    This comment has been removed by the author.

    ReplyDelete
  2. Anonymous23 May 2013 at 09:42

    I saw something similar on kelvinator21 blog. I wonder if you can claim some money back?

    Looks like they messed up on the Small Packet (it also has 250g and 500g divisions) documentation. Also seems as though pos.com.my and poslaju.com.my are being very rapidly changed these last few days - I suspect there's a dev with a headache they probably don't deserve somewhere at Pos.

    ReplyDelete
  3. Arbirage26 May 2013 at 11:35

    Shipping-Quote.net,

    Thank you for your info on Kelvinator21 blog. Feel free to post here if you have new info. However, I am confused on you mentioned about Poslaju. Do you mean there is an increase on local rate for Pos Laju as well as it seem it just increased in 2010 not long ago if not mistaken?

    ReplyDelete
  4. sister_drella11 June 2013 at 08:54

    Deeply unhappy about this as well. I didn't know about the 250 gm increment so thanks for the heads up - the booklet says that it's RM60 and above.

    However Paypal is another set of headache altogether. I think Bank Negara is helpless to do anything about Paypal. From my understanding, even banks in the US can't control the Paypal rate too. Correct me if I'm wrong!

    http://complaints.paypalsucks.com/paypal-isnt-a-bank-so-they-dont-control-what-conversion-rates-they-use/

    ReplyDelete
  5. Arbirage12 June 2013 at 10:30

    Thank you sister_drella for providing info on Paypalsucks.

    However, its location Agusta seem to be in Italy rather than in US.

    Many country offer "Foregin currency account", which a person might able to withdraw money in foreign currency and then covert it with their local bank.

    Problem for people base in Malaysia is MYR is control currency and it is more difficult for people to open a foregin currency account with Malaysian bank. I am still exploring the condition of opening a foreign currency account with local bank to avoid such problem.

    ReplyDelete
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