Thailand Post to earn more profit from E-commerce

Thailand Post Company Limited is penetrating the E-commerce sector targeting to generate an additional Bt5 billion revenue annually, according to president Anusra Chittmittrapap. She said purchase through E-commerce has increased by 20 per cent, compelling Thailand Post to create an E-commerce application available for download on smartphones. She said Thailand Post would also extend its service to serve retail, small and medium businesses and deliver food under the OTOP scheme nationwide. Thailand Post should earn at least Bt19 billion, or a net profit of Bt1.2 billion, at the end of the year from the extended service, she said. She said the government’s high-speed train project would automatically improve postal delivery service which should take less time. Another project in Thailand Post’s pipeline is Post@Home – a programme in which postal carriers will collect payment for water, electricity and telephone bills from users as well as directly delivering welfare payments such as pensions to people at home.

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