AIRLINK 207.03 Increased By ▲ 6.74 (3.37%)
BOP 10.39 Decreased By ▼ -0.10 (-0.95%)
CNERGY 7.17 Decreased By ▼ -0.04 (-0.55%)
FCCL 35.00 Increased By ▲ 0.06 (0.17%)
FFL 17.23 Decreased By ▼ -0.19 (-1.09%)
FLYNG 25.29 Increased By ▲ 0.44 (1.77%)
HUBC 129.20 Increased By ▲ 1.39 (1.09%)
HUMNL 14.10 Increased By ▲ 0.29 (2.1%)
KEL 4.99 Decreased By ▼ -0.01 (-0.2%)
KOSM 6.82 Decreased By ▼ -0.21 (-2.99%)
MLCF 44.91 Increased By ▲ 0.29 (0.65%)
OGDC 221.94 Decreased By ▼ -0.21 (-0.09%)
PACE 7.20 Decreased By ▼ -0.22 (-2.96%)
PAEL 42.85 Increased By ▲ 0.05 (0.12%)
PIAHCLA 17.18 Decreased By ▼ -0.21 (-1.21%)
PIBTL 8.48 Decreased By ▼ -0.03 (-0.35%)
POWER 9.12 Decreased By ▼ -0.03 (-0.33%)
PPL 191.49 Decreased By ▼ -1.24 (-0.64%)
PRL 43.39 Increased By ▲ 1.89 (4.55%)
PTC 25.40 Increased By ▲ 0.96 (3.93%)
SEARL 103.85 Increased By ▲ 2.58 (2.55%)
SILK 1.03 Decreased By ▼ -0.02 (-1.9%)
SSGC 43.14 Decreased By ▼ -0.73 (-1.66%)
SYM 18.45 Decreased By ▼ -0.31 (-1.65%)
TELE 9.35 Decreased By ▼ -0.19 (-1.99%)
TPLP 13.20 Increased By ▲ 0.12 (0.92%)
TRG 70.31 Increased By ▲ 4.12 (6.22%)
WAVESAPP 10.55 Increased By ▲ 0.02 (0.19%)
WTL 1.79 Increased By ▲ 0.01 (0.56%)
YOUW 4.00 Decreased By ▼ -0.04 (-0.99%)
BR100 12,079 Increased By 39.9 (0.33%)
BR30 36,929 Increased By 240.3 (0.66%)
KSE100 114,952 Increased By 147.4 (0.13%)
KSE30 36,081 Decreased By -21.8 (-0.06%)

FAISALABAD: Pakistan Post has come out of the deficit and now a marked improvement is witnessed due to digitalization while new proposals are under consideration to launch UMS Plus, logistics and postal bank, said Pakistan Post DG Khalid Javed. Addressing a function in Faisalabad Chamber of Commerce & Industry (FCCI), he said a pilot project of logistics has been launched and hopefully its system would become fully operational within the next couple of months.

The World Bank has also identified e-commerce as a key sector on which Pakistan should concentrate its future policies, he said. To survive in this competitive global village, Pak Post must adhere to the standards set by private courier companies, he added.

Javed said Pak Post has no dearth of infrastructure and it would be much easier for us to launch a progressive logistic service within the ambit of Pak Post. He said the digitization process is in full swing under public private partnership mode and it would help us to provide best services even in the far-flung rural areas. He said UMS was launched in line with the traditional mail service; however, the UMS Plus will provide much better and quality services up to the entire satisfaction of our quality conscious customers.

About Khushali Bank, he said it was already in operation, but we intend to further improve it with new innovative, modern and fastest means of communication. “We are also contemplating a proposal to launch a separate postal bank in Pakistan,” he said and added that it would further enhance the importance of this department.

He said that digital franchise post offices would also be opened very soon for which loan would also be doled out to the needy elements. About the receipt of utility bills, he said that we must deposit the collected cash on the same day in the concerned banks and in this connection, negotiations are in progress and hopefully it would become operational by the end of this month. He said that Pak Post would offer special rates to the bulk suppliers of mails and parcels while our rates are already very competitive for the walking customers as compared to the private courier companies. Chief postmaster Shahid Iqbal said that Pak Post intends to set up its own post office in M3 industrial estate for which they need a piece of land.

Copyright Business Recorder, 2022

Comments

Comments are closed.