Against this challenging backdrop, Pos Malaysia’s revenue grew by about 15% to RM1.72 billion in FYE2016 from RM1.49 billion in the preceding financial year, mainly on the back of higher contributions from our courier and transhipment businesses. The growth of our courier and transhipment businesses is directly attributable to the rapid rise in global e-Commerce transactions and is in line with Pos Malaysia’s aspiration to be a larger player in the e-Commerce space.