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.