SF Express, an express delivery firm based in China, announced the launching of its service stations in the two main cities in East Malaysia: Kota Kinabalu, Sabah and Kuching, Sarawak.
Grand opening ceremony at Suria Sabah, Malaysia. Photo: S.F.EXPRESS CO.LTD.
The opening ceremony was held last 3 March at Suria Sabah, a shopping mall in Kota Kinabalu. Yang Berhormat Datuk Pang Yuk Ming, the Assistant Minister of Tourism, Culture and Environment, Sabah, and Yang Berbahagia, Tuan Madrim Tasan, Deputy Director of Custom Sabah, GST Division attended the ceremony.
With over 50% of the Malaysian population now shopping online, the government announced an investment of MYR4 million to help e-commerce enterprises with their marketing efforts. Also, with the Belt and Road Initiative in China, the cross-border e-commerce industry in Malaysia is expected to grow at a higher rate.
"E-commerce is trending nowadays, and logistics plays a crucial role for e-commerce companies. Additionally, the number of tourists has been increasing exponentially over the years, and a significant portion of these tourists are from China. This is a good time for SF Express to enter east Malaysia," said Y.B. Datuk Pang Yuk Ming during SF Express's Kota Kinabalu opening ceremony.
Jason Lee, the General Manager of SF Express Malaysia, stated: "We have been looking at opportunities in East Malaysia and have been working towards entering the market and providing more logistics options to local residents for quite some time."