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Federal Express Corporation (FedEx) has announced the expansion of its FedEx International Connect Plus (FICP) service in Malaysia. This service, which is already available to e-tailers in the Asia Pacific region, now offers Malaysian e-tailers a reliable and cost-effective shipping solution to key destinations in the U.S. and Europe.
The expansion aligns with FedEx's commitment to supporting cross-border e-commerce growth from Asia to these regions. As Malaysia's e-commerce market is expected to reach approximately USD 15 billion by 2027, this initiative addresses the increasing demand for diversified shipping solutions among Malaysian e-tailers. Government initiatives such as the National eCommerce Strategic Roadmap and Digital Free Trade Zones have been crucial in empowering local SMEs and facilitating cross-border trade.
Key benefits of FICP include competitive day-definite transits, flexibility for end customers regarding package pick-up locations, seamless integration with both online and offline shipping automation solutions, and extensive parcel tracking capabilities.
