A Narrow Avoidance of Pexit!


As the world slumbered, a Postal Exit of USPS was almost in the cards. Pos Malaysia highlighted the issue in the official Pos Malaysia Facebook yesterday (25 September 2019) as well as a Media Release Pos Malaysia_25 Sept 2019.

Just 2 days ago (24 September 2019), at the opening session of the UPU’s 3rd Extraordinary Congress in Geneva, the UPU Secretary General, Bishar A. Hussein made the statement: “I call on all of you in the name of this historical Union to find the courage to choose the right path not just for yourselves, but for the entire industry”.

It seems that a Pexit (as it was coined) was in the cards. Options were explored and today, the Pexit was averted: http://news.upu.int/no_cache/nd/upu-member-countries-reach-unanimous-agreement-on-postal-remuneration-rates/

What it means for the consumer such as us collectors, will be understood much later. It will however lead to the unadvertable increase in postage cost. Here is the update from Pos Malaysia.

sky52200

 

 

 

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.