In one year, the Philippine Postal Corp's income was nearly wiped out as app-based delivery services rose, alarming senators who offered to help the agency. The data does not take into account yet the effect of the COVID-19 quarantine.
Income at PHLPost fell 93% to P1.2 million in 2019 from P16 million the previous year. People are just not sending their mail via post anymore. After battling e-mail, so-called snail mail services are now fighting motorcycle-based deliveries that pick up parcel right at the consumer's doorstep.
The Department of Trade and Industry can tap PHLPost to serve the delivery needs of micro, small and medium enterprises that are thriving during the quarantine period, said Sen. Aquilino Pimentel III.
"We should be a reliable delivery system so we can be part of this online shopping platform," Pimentel said during a Senate hearing where the earnings data was released.
Services of PHLPost can also be tapped should mail voting be allowed by law for persons with disabilities, elderly and pregnant women, said Sen. Francis Tolentino.