Singpost postage rates 2023. Singapore Post said; .

Singpost postage rates 2023 You will need to pay GST on goods valued at S$400 or below (“low-value goods”), which are imported into Singapore via air or post (“imported low-value goods”). Nov 25, 2024 · Prices for tracked mail, now between $2. 3 per cent increase from Dec 16, 2022 · SingPost to raise postage, delivery rates from 2023 SINGAPORE – SingPost will raise rates for postage, package delivery and doorstep parcel delivery in 2023 because of the upcoming increase in goods and services tax (GST). 3 million, and net profit increased by 65. SINGAPORE, 19 September 2023 – Singapore Post Limited (“SingPost’ or the “Group”) today announced that the rate for standard regular mail will be increased by 20 cents to 51 cents, up from the current 31 cents to reflect the escalating costs of maintaining the postal service. Quick Tools. 4 million a year ago. SingPosts full year net profit improves to S$81. 199201623M) 10 Eunos Road 8, Singapore Post Centre, Singapore 408600 Aug 18, 2023 · SGX Announcements | 18 Aug 2023. 1 per cent to $41. 7 %âãÏÓ 15 0 obj > endobj 36 0 obj >/Filter/FlateDecode/ID[3CB388D74EAD5E41A733C9ABC56F4CBA>]/Index[15 62]/Info 14 0 R/Length 106/Prev 256698/Root 16 0 R Feb 17, 2025 · SingPost Business Update for 3rd Quarter ended 31 December 2024. This price hike was announced on 16 December, amid the increase in Goods and Services Tax and “exceptional inflationary cost increases across manpower, fuel, and electricity. This aligns our pricing structure with the evolving postal landscape. Jul 5, 2023 · SingPost to increase postage, delivery rates in 2023; first price revision since 2014 SingPost to implement cashless payment for GST, duties on overseas items from November IMDA, SINGPOST TO WORK Oct 9, 2023 · Singapore Post (SingPost) will increase the postage rate for standard regular mail from 31 cents to 51 cents – an almost 65 per cent increase – amid rising costs and declining mail volume. The outcome of the ongoing strategic review could influence Singapore Post's (SingPost) earnings mix and overall competitiveness. Registered items will be placed at the designated post office for the next 10 working days (Mondays to Fridays excluding Saturdays, Sundays and Public Holidays). The announcement on Friday (Dec 16) comes in tandem with the increase effective 1 January 2023 • The adjustment in rates will reflect the increase in GST in 2023 and 2024 as well SINGAPORE, 16 December 2022 – Singapore Post Limited (SingPost) will be raising postage, package delivery as well as doorstep parcel delivery rates from 1 January 2023 in SingPost shall not be liable for all untracked services. 60 / pc 900 pcs $1,440. Dec 19, 2022 · With effect from 1 January 2023, SingPost Domestic Services rates will be as follows: Rate Adjustments for SingPost Domestic Services SingPost will be raising postage, package delivery as well as doorstep parcel delivery rates from 1 January 2023 due to overall cost increase. The upcoming adjustments will also simplify the domestic postage rate structure for both Domestic Services and Domestic Bulk Mail services, including the elimination of the weight criteria, to make postal services more user-friendly and provide to greater convenience to our customers. singpost. Mail or Package). 6 Letter/Printed Paper rates will apply if the postcard exceeds the maximum dimensions of 235mm x 120mm Postage uprate a successful outcome of postal review In our last results briefing in May, we said a review of postal services for commercial sustainability was necessary. Quick Admail, or Advertising Mail, is a cost-effective non-addressed mailing service from SingPost. Singapore Post Limited. 50 $0. 04 Oct 2023 12:30pm. 0 kg $4,687. 1% off domestic bulk mail rates apply if lodgement is before Early Posting Cut-Off Time. We will be increasing our rate for Domestic Services from 9 October 2023. SINGAPORE POST LIMITED Securities SINGAPORE POST LIMITED - SG1N89910219 - S08 Stapled Security No Announcement Details Announcement Title General Announcement Date &Time of Broadcast 19-Mar-2024 06:50:43 Status New Announcement Sub Title Board Strategic Review Unveils Pathways to Growth and Unlocking Shareholder Value Announcement Reference (Table 2 Rates : Bulk Items ≥ 1,500 pcs) Postage Rates Volume Postage S$ Total Postage S$ ITEM WEIGHT ITEM WEIGHT $1. 9 billion with 86% of Group revenue generated internationally | Singapore Post Postage Rates to Increase Amid Rapidly Rising Costs and Declining Mail Volumes Domestic Postage Rates to Increase by 20 Cents SINGAPORE, 19 September 2023 – Singapore Post Limited (“SingPost’ or the “Group”) today announced that the rate for standard regular mail will be increased by 20 cents to 51 Sep 23, 2011 · SingPost to Adjust Postage Rates to Meet 2023 and 2024 GST Increases and Exceptional Cost Increases Read More 08 Dec 2022. 1, 2024. Shenzhen, China, September 13, 2023 — Singapore Post (SingPost), a leading postal and e- commerce logistics provider in Asia-Pacific, marked its presence at the China (Shenzhen) Cross-Border E-Commerce Exhibition (CCBEC 2023) by signing a strategic cooperation Singapore Post Limited 10 Eunos Road 8, Singapore Post Centre, Singapore 408600 . Rates will be applicable for all stamped and franked mail posted between 2 January and 23 January 2023. 1. Delivery Rates & Mailing Guidelines All information is correct at the time of print. We handle both printing and distribution, so you only need to provide your final artwork and delivery details. This is in line with the goods and services tax (GST) hikes announced by the government in February this year as well as “exceptional inflationary cost increases across manpower, fuel and electricity”, said the group on Friday (Dec 16). SingPost's domestic delivery rates from Oct 9, 2023. h. The announcement on Friday (Dec 16) comes in tandem with the Dec 16, 2022 · SINGAPORE, 16 December 2022 – Singapore Post Limited (SingPost) will be raising postage, package delivery as well as doorstep parcel delivery rates from 1 January 2023 in tandem with the increase in Goods and Services Tax (GST) as well as exceptional inflationary cost increases across manpower, fuel and electricity. 6 %âãÏÓ 1 0 obj >/OCGs[15 0 R 16 0 R 17 0 R 18 0 R]>>/Pages 3 0 R/Type/Catalog>> endobj 2 0 obj >stream application/pdf SP_DomesticBulkMail_Brochure_Print International Postage Rates - Airmail4,5 All rates are in Singapore Dollars. Singapore Philatelic Bureau 29 Tampines St 92, #03-02 Oct 4, 2023 · SingPost raised postage rates to better reflect the costs. 75 / kg 250. Jan 11, 2023 · SINGAPORE, 11 January 2023 – Singapore Post Limited (“SingPost”) today announced the acceleration of its acquisition of a further stake in 51%-owned subsidiary Freight Management Holdings Pty Ltd (“FMH”). 55 and $3. 70 $1. Dec 7, 2023 · SINGAPORE, 7 December 2023 – Singapore Post Limited (SingPost) announces adjustments to its international postage rates from 1 January 2024, due to higher annual international postal settlement fees. 6 million on higher contributions from the delivery business, after it implemented a postage rate increase in October 2023. More information will be provided in due course. SINGAPORE, 19 September 2023 – Singapore Post Limited (“SingPost’ or the “Group”) today announced that the rate for standard regular mail will be increased by 20 cents to 51 cents, up from the current 31 cents to reflect the escalating costs of maintaining the postal Nov 6, 2024 · Singapore, 6 November 2024 – Singapore Post Limited (SingPost) today announced its results for the first half ended 30 September 2024. Sep 19, 2023 · Apart from an increase, SingPost will also introduce changes to its domestic postage rates structure, including the elimination of the weight criteria. SingPost said this “helped In October 2023, SingPost increased postage rates for standard regular mail, from 31 cents to 51 cents. Singapore 408600. Citing digital disruption and declining mail volumes, the company aims to simplify the domestic postage rate by eliminating weight criteria. 5 To find out the postage rate of your destination, please refer to Postage Calculator which is available on www. SingPost to Adjust Postage Rates to Meet 2023 and 2024 GST Increases and Exceptional Cost Increases Read More 08 Dec 2022. Name) Jonathan Ooi Wei Hsin (Mr) Designation Company Secretary Financial Year Need help? Check out our FAQ section to find out more. 1, 2023, and again on Jan. Due to rapidly rising costs and declining mail volumes, SingPost is raising rates to maintain commercial viability so that we can continue delivering quality postal services for our customers. 5m 110. GST, currently at 7 per cent, will go up to 8 per cent from January 2023, and 9 per cent from 2024. Today, SingPost is pioneering and leading in eCommerce Sep 30, 2023 · SINGAPORE, 02 November 2023 – Singapore Post Limited (SingPost) SingPost has raised domestic postage rates by S$0. 00 $0. 05. 7 May 10, 2024 · Singapore Post's underlying net profit grew 28. Mr Yip Hon Weng: To ask the Minister for Communications and Information (a) whether IMDA is aware of SingPost’s projected revenue as a result of the increase in postage rate for standard regular mails announced on 19 September 2023; (b) if so, what is the projected amount; (c) whether SingPost requires IMDA’s approval before SingPost’s business strategy and planning consider key climate-related risks in the long-term and ways to manage the impact on its operations. Download Now Track Items Rate Calculator Find Postal Code Locate Us Item Enquiry. To ease the transition, Singapore households will Dec 16, 2022 · All rates for SingPost’s products and services, including postage, will see an increase effective 1 January 2023 • The adjustment in rates will reflect the increase in GST in 2023 and 2024 as well Basic Mail – Standard Regular: The rates for the first two weight steps of 20g and 40g will be raised from 30 cents and 37 cents to 31 cents Dec 7, 2023 · Weight limits stated for mail rates to all three zones are capped at 2kg. Posting is only available at the SingPost Bulk Mail Centre at the following address, and payment of charges shall be in cash or NETS. 1, 2024, the Feb 28, 2025 · SingPost (SGX:S08) Dividend Payout Dates and Corporate Actions including Rights, Splits, Entitlements, etc. Following SingPost's postage rate increase implemented in October 2023, we are announcing adjustments to our HomeDirect rates, effective 1 August 2024. An affordable and reliable way to send mails to your customers. 58. / Ind. Dec 18, 2024 · In October 2023, SingPost increased postage rates for standard regular mail, from 31 cents to 51 cents. Oct 4, 2023 · Parliament Sitting on 4 October 2023 QUESTION FOR ORAL ANSWER. In tandem with increase in GST. Extending * Refer to Non-Bulk Mail Rates in the Appendix Section All domestic bulk mail rates are inclusive of 8% GST. The rate increase will be effective from Jan. You can refer to our postage rates calculator at Nov 6, 2024 · SINGAPORE - SingPost’s net profit for the first half year ended September nearly doubled to $22. This represented a 97. In Singapore, revenue for the group’s postal and logistics business rose 12. This was due to declining mail volumes and the rising cost of expenses such as labour Dec 2, 2024 · Singapore, 2 December 2024 – Singapore Post Limited (“SingPost”) today announced that it has entered into a sale and purchase agreement with Pacific Equity Partners (“PEP”) for the sale of its Australia business, Freight Management Holdings Pty Ltd (“FMH”). Sep 20, 2023 · Long-awaited postage rate hike. Read more at straitstimes. Transforming Urban Logistics and Deliveries in Singapore The Singapore business unit continued to lead innovation, best-in-class service quality, and reliability. 006: SGD0. SingPost commemorates opening of the Sep 19, 2023 · Singapore public postal provider, SingPost has announced a significant rate hike of 20 cents for standard regular mail to 51 cents, effective 9 October 2023, marking the largest increase since 2014. For over a decade, SingPost has kept HomeDirect rates unchanged, absorbing in˜ationary costs. Dec 17, 2022 · Singapore Post Limited (SingPost) postage rates will increase on Jan. %PDF-1. 85 About Singapore Post Limited Singapore Post (SingPost) is a leading postal and eCommerce logistics provider in Asia Pacific. Rates for selected local mail services will rise between two and 10 cents by 2024. Singapore Post is expected to raise its postage, package delivery, and doorstep parcel delivery starting on 1 January 2023. Singapore Post Centre. 6 Mail rate applies if the postcard exceeds the maximum dimensions of 235mm x 120mm (for overseas posting only). At a time like this, all kinds of price increase. We’ll manage the rest, ensuring your mailers reach the right people effectively. SINGAPORE POST LIMITED Securities SINGAPORE POST LIMITED - SG1N89910219 - S08 Stapled Security No Announcement Details Announcement Title General Announcement Date &Time of Broadcast 08-Feb-2024 17:28:34 Status New Announcement Sub Title SingPost Business Update for 3rd Quarter ended 31 December 2023 Announcement Reference SG240208OTHR2DIJ Need help? Check out our FAQ section to find out more. For more information, please refer to our latest Annual Report. The last time SingPost's rates were revised was in 2014. SingPost shall not be liable for all untracked services. e. SingPost said that mail volumes had declined by more than 40 per cent in the financial years of 2018 to 2019 and 2022 to 2023. The portfolio of businesses spans from national and international postal services to warehousing and Sep 27, 2023 · services-local to find out more about our postage rates. 0% YoY to S$992. Then, in September of this year, Singapore Post (SingPost) announced that the rate for standard regular mail will increase by 20 cents, jumping from 31 cents to 51 cents. “Starting from the end of October 2023, SingPost will issue a 1st Local stamp booklet (of 10 stamps) to each household to help manage the postage increase,” SingPost announced. International Postage Rates - Airmail4,5 All rates are in Singapore Dollars. 4 per cent year on year to S$129. SingPost will increase postage rate for standard regular mail by 65% amid rising costs. 5 days ago · What is the postage rate in Singapore – Singapore Postage Rate. “SingPost has Sep 19, 2023 · SINGAPORE (The Straits Times/Asia News Network): From Oct 9, the cost of local standard regular mail will increase by 20 cents, said SingPost on Tuesday (Sept 19). 98% of the Letters posted at SingPost Bulk Mail Centre during official operating hours will be delivered by the next working day. The rate for standard regular basic mail weighing up to 20g will be increased to Existing Rate: $0. No. 11. Through its wholly owned subsidiary, SingPost Australia Investments Pty Ltd (“SPAI”), SingPost will be acquiring an additional 37% interest in FMH, increasing its total stake to Jul 28, 2023 · services-local to find out more about our postage rates. 30 Postcards (Per Piece) International Postage Rates - Surface Mail2 International Postage Rates - Airmail2 Basic International Postage Rates - Airmail4,5 All rates are in Singapore Dollars. The information is accurate as at 6 Dec 2023. 5% YoY to S$22. Dec 7, 2023 · In 2022, it was announced that postage fees would rise in 2023 due to the hike in Goods & Services Tax (GST) and other escalating costs. Structural decline in postal industry. International post and parcel (IPP): Travel is back. (Image Sep 19, 2023 · SingPost to raise local postage rates by 20 cents, or 64. 20 from 9 October 2023, which is expected to Mar 31, 2023 · SINGAPORE, 11 May 2023 – Singapore Post Limited (“SingPost”) today announced its results for the second half and full year ended 31 March 2023 SingPost achieved record full year revenue of S$1. Nov 13, 2024 · The firm's core business incurred an operating loss of $16 million in the 2022/2023 financial year. SEE MORE About SingPost; Our Businesses; Board of Directors; Key Executives; Awards & Accolades; Track Items Rate Calculator Find Postal Code Locate Us Item Enquiry. Sep 18, 2023 · Weight tiers for untracked mail services have also been removed in a bid to simplify the structure of the group’s domestic postage rates. 50 Table 1: By Air • Printed Papers are homogeneous mail which include Direct Mail, Annual Reports, Books, Catalogues, 2023 ; 2022 ; × Sign In Singapore Post Limited 10 Eunos Road 8, Singapore Post Centre, Singapore 408600 . 4 million from S$827. 20 from 9 October 2023, which is expected to improve the domestic business in H2. 04%: SGD 0. SingPost has a decarbonisation strategy that is in accordance with its net-zero targets. 5 To calculate postage rates, please use the Postage Calculator on www. In late 2022, SingPost announced it would raise its postage, package and doorstep parcel delivery rates from Jan 1, 2023 Sep 19, 2023 · Singapore public postal provider, SingPost has announced a significant rate hike of 20 cents for standard regular mail to 51 cents, effective 9 October 2023, marking the largest increase since 2014. This is in tandem with the exceptional inflationary cost increases across From 1 Jan 2023, GST will apply to imported low-value goods purchased by consumers in Singapore from GST-registered suppliers. Mar 6, 2023 · Instantly check the Parking Rates/Fees & Parking Lot Availability (Real-Time) of SingPost Centre Carpark in Singapore! Updated on March 6, 2023 SingPost Centre Carpark Sep 19, 2023 · The last significant rate increase was nine years ago in 2014, when postage rates increased from 22 cents to 30 cents, SingPost said. In Good Company As postal rates rise tomorrow, SingPost eyes Rate: SGD 0. How do I calculate the correct postage for my package? In order t o calculate the correct postage, you will need to consider factors such as the weight, dimensions, destination, and type of item (e. Following the 2023 FMH Acquisition, the Company has conducted adjustments post the 2023 FMH Acquisition Completion and it has been determined that the total consideration paid for the 2023 FMH Acquisition is A$197. 95% of the Printed Papers including Annual Reports posted at the SingPost Bulk Mail Centre during official operating hours will Jan 4, 2023 · Rabbit-themed stamps and philately gifts go on sale from 6 January 2023; Festive postage rates for all greeting cards from 2 to 23 January 2023; Singapore, 4 January 2023 – To usher in the Lunar New Year, Singapore Post Limited (SingPost) today unveiled a set of stamps to welcome the Year of the Rabbit, these stamps will go on sale from 6 Dec 16, 2022 · SingPost will raise rates for postage, package delivery and doorstep parcel delivery in 2023 due to the upcoming hike in goods and services tax (GST). PR1 1% off Domestic Bulk Mail Rates apply if lodgement is before Early Posting Cut-Off Time. Aug 18, 2023 · SINGAPORE POST LIMITED Securities SINGAPORE POST LIMITED - SG1N89910219 - S08 Stapled Security No Announcement Details Announcement Title General Announcement Date &Time of Broadcast 18-Aug-2023 07:08:17 Status New Announcement Sub Title SingPost Business Update for First Quarter ended 30 June 2023 Announcement Reference SG230818OTHRD94N Your guide to Domestic and International postage rates for mail and packages. The domestic postal business indeed recorded a loss in the first half. Sep 30, 2023 · Financial Results. SingPost’s H2 FY2022/23 Results Briefing, 11 May 2023 Disclaimer: The information contained in this transcript is a textual representation of SingPost’s results briefing and while efforts are made to provide an accurate transcription, there may be errors, omissions, or inaccuracies in the Nov 6, 2024 · SingPost noted that this was largely due to the consolidation of Border Express following its acquisition in March. These will be applicable for all stamped and franked greeting cards posted between 4 December 2018 and 25 December 2018. cessation of discount for non-machinable mail quality, to align weight structure with Non-Bulk Mail rates by streamlining to five weight steps only (20g, 40g, 100g, 250g and 500g). For overseas postings, it is only available if the service is valid to the country of destination. Jan 9, 2023 · Parliament Sitting on 9 January 2023 QUESTION FOR WRITTEN ANSWER. 95% of the Printed Papers including Annual Reports posted at the SingPost Bulk Mail Centre during official operating hours will be delivered within two(2) working days following the day of posting. Author: Carrie Ong Lai Ting \(SingPost\) Created Date: 7/31/2023 5:38:41 PM Oct 12, 2023 · As industry players are unable to maintain affordable, pandemic-era doorstep delivery rates fuelled by an abundance of manpower, the cost of deliveries in Singapore continues to escalate. 2023 FMH Acquisition. 5%/20 cents to 51 cents starting 9 Oct 23 (early-3QFY24). From October 9 2023, postage rate will be raise to 51 cents for standard regular mail. In September 2024, ST reported that SingPost had closed 12 post offices, or one in five branches, in the past two SINGAPORE POST LIMITED Security SINGAPORE POST LIMITED - SG1N89910219 - S08 Announcement Details Announcement Title Annual General Meeting Date &Time of Broadcast 13-Jul-2023 19:24:28 Status Replacement Announcement Reference SG230620MEETF8C6 Submitted By (Co. Some margin stability, driven by the property segment. 6 Letter/Printed Paper rates will apply if the postcard exceeds the maximum dimensions of 235mm x 120mm Nov 25, 2024 · Lazada, SingPost ink partnership to offer more convenient sustainable e-commerce delivery options SingPost to raise postage, delivery rates from 2023 Join ST's Telegram channel and get the latest Dec 16, 2022 · SingPost will raise rates for postage, package delivery and doorstep parcel delivery in 2023 due to the upcoming hike in goods and services tax (GST). Singapore, 15 November 2023 – In commemoration of Bird Paradise’s grand opening, Singapore Post Limited (SingPost) is launching a set of six stamps featuring some of the park’s most threatened bird species, as well as three aviaries in Bird Paradise on 4 H2 & FY2023/24 Overview S$1,686. LR1 LR2 LR3 LR4 LR5 LR6 LR7 LL8 LL9 LL10 LL11 LL12 LN13 WEIGHT PER ITEM UP TO RATE CODE 20g $0. Quick Nov 2, 2023 · SingPost has raised domestic postage rates by S$0. Customer Service. Rates for Oct 9, 2023 · Singapore, 9 October 2023 - Singapore Post Limited (SingPost) today issued a set of stamps to commemorate the 165 years of postal services in Singapore - Singapore Postal Services Over The Years. com or SingPost mobile app. Author: Carrie Ong Lai Ting \(SingPost\) Created Date: 9/27/2023 11:49:22 AM Jan 18, 2023 · Despite higher postage rates being positive, additional postage rate hikes are needed to help support compressed margins and sliding DPP volumes, in our view. Sep 19, 2023 · The group saw its mail volumes drop by over 40% between FY2018/2019 and FY2022/2023 due to the global structural decline in postal volumes over the last decade due to the digital disruption. “SingPost has been absorbing inflationary costs and essentially kept our postage rates constant since 2014. In late 2022, SingPost announced it would raise its postage, package and doorstep parcel delivery rates from Jan 1, 2023 in line with earlier goods and services tax hikes. Mar 19, 2024 · Singapore, 19 March 2024 – Singapore Post Ltd (“SingPost”) today announced the completion of the strategic review of the group. Similarly, on 1 January 2024, postage rates will be adjusted. SingPost Group (Key Subsidiaries) Note: This list of companies is not exhaustive. 10 Eunos Road 8 #06-30. 5 million from S$38. 80 New Rate: $0. 5%, amid rising costs, falling mail volumes Singapore Post said; said that mail volumes had declined by more than 40 per cent in Dec 16, 2022 · SINGAPORE: Singapore Post (SingPost) will be raising postage, package delivery and doorstep parcel delivery rates from Jan 1, 2023. We believe SingPost will receive government approval by end-2023F to carry out a postal rate adjustment as a stop-gap measure while discussions continue to find a longer-term solution. 4% YoY, due to higher revenue from the delivery business arising from the postage rate increase implemented in October 2023, which offset the continued decline in lettermail volume. Jul 28, 2023 · 7. Effective 9 October 2023, a. SINGAPORE: Singapore Post (SingPost) will be raising postage, package delivery and doorstep parcel delivery rates from Jan 1, 2023. We are offering festive postage rates for this Christmas season. Nov 18, 2024 · SINGAPORE - The Government will consider allowing Singapore Post (SingPost) to introduce postage rate SingPost reported a 70. Destination Weight Up To (Max Weight: 2kg) Letters/ Printed Papers To all countries (except Malaysia & Brunei) 20g 50g 100g Per additional 100g $0. Nov 14, 2024 · For customers with existing first and second local stamps as well as 31-cent and 38-cent stamps, SingPost will accept them for standard regular mail even after the new rates kick in. Email: claims@singpost. 2 million. Give you free stamps to paste on your eyes. The announcement on Friday (Dec 16) comes in tandem with the increase in Goods and Services Tax (GST) and "exceptional inflationary cost increases across manpower, fuel, and electricity". This was due to declining mail volumes and the rising cost of expenses such as labour, utilities and fuel, the company said. 7m FY23/24 Revenue S$81. 6m (US$97. Citing digital disruption and declining mail volumes, the company aims to simplify the domestic postage rate by eliminating weight criteria. Streamlining weight steps for Mail category, delivery rates will be based on dimensions. Singapore Philatelic Bureau 29 Tampines St 92, #03-02 Tampines Regional Base (East), Singapore 528879 Quick Tool Menu Track Items Calculate Postage Find Postal Code Locate Us Item Enquiry Nov 6, 2024 · Domestically, SingPost’s postal and logistics business achieved a revenue of S$129. SingPost’s first half underlying net profit was S$25. For more information, please call 1605. From the financial year commencing 1 April 2024 (FY2024/25), the Board will adopt a dividend policy of paying out between 30% and 50% of the Group’s underlying net profit. We are offering festive postage rates this Chinese New Year. After the increase, postage rates in Singapore remain comparable to countries like Japan and the US. 265 Jan 2, 2020 · Singapore, 2 January 2020 – Singapore Post Limited (SingPost) is celebrating Chinese New Year with the launch of a set of stamps depicting the rat, to welcome the Year of the Rat, on 8 January 2020. As of October 12, 2023, Certification of Entitlement (COE) prices for goods vans are S$85,900 and pump prices are hovering just under S$3 per litre. The price for items weighing up to 20g will go up by five cents from 2023, while that for items weighing up to Sep 19, 2023 · Currently, SingPost charges 60 cents for mail up to 100g, 90 cents for mail that weighs up to 250g and S$1. 2 million, compared to S$13. Mr Seah Kian Peng: To ask the Minister for Communications and Information with regard to SingPost’s announcement that rates for postage and delivery services will be increased from 1 January 2023, how does the Ministry ensure that such increases are reasonable and moderated given that they are an essential service. 0 million (approximately S$173. The group saw its mail volumes drop by over 40% between FY2018/2019 and FY2022/2023 due to the global structural decline in postal volumes over the last decade due to the digital disruption. We continued our market leadership in domestic daily Nov 1, 2023 · Singapore, 1 November 2023 - Freight Management Holdings Pty Ltd (“FMH”), a subsidiary of Singapore Post Limited (“SingPost” and “Group”), has entered into a conditional sale and purchase agreement with the shareholders of Border Express, the 6th largest national transport and distribution services company in Australia for a maximum purchase consideration of A$210 million Sender may mail, e-mail or fax the form and the supporting documents to: Customer Relations Manager. 3 per cent plunge in net profit for financial year 2023 to $24. Bird Paradise set of stamps. 00 $18. We have since announced a substantial adjustment of domestic postage rates, with effect from Oct 2023. Issued by Singapore Post Limited on 28 November 2023. 6 Letter/Printed Paper rates will apply if the postcard exceeds the maximum dimensions of 235mm x 120mm Dec 16, 2022 · SINGAPORE POST (SingPost) announced it would be raising postage, package and doorstep parcel delivery rates starting Jan 1, 2023. com Unclaimed registered mail can only be collected at SingPost Centre Post Office. (“BofA Securities”) was appointed as the financial advisor with the aim of enhancing shareholder returns and ensuring the Group is appropriately valued. Sep 19, 2023 · Nabeh. Bulk Mail Centre, 10 Eunos Road 5, East Entrance, Singapore Post Centre, Singapore 408600. Name) Jonathan Ooi Wei Hsin (Mr) Designation Company Secretary Financial Year domestic postal business and executed initial measures to increase postage rates in Q3 FY2023/24. com or the SingPost mobile app. SingPost has a Sustainability Framework which is consistently applied to all businesses, including subsidiaries. 15 for mail up to 500g. Operating Hours: Mon – Fri : 9am – 6pm Sat, Sun & Public Holiday : Closed. Quick PDF-1. 30 Postcards (Per Piece) International Postage Rates - Surface Mail2 International Postage Rates - Airmail2 Basic Jan 25, 2022 · The new postage rates for international mail can be found in Appendix 1. com. Prices of selected domestic mail services will go up between 2 and 10 cents by 2024. Dec 18, 2024 · In October 2023, SingPost increased postage rates for standard regular mail from 31 cents to 51 cents. SingPost is in discussion with the authorities to review the domestic postal business model and develop a framework to ensure commercial viability. 8 million | Singapore Post Earnings risks from volatile freight rates in the logistics business and a more competitive Australia business. SingPost commemorates opening of the Mar 31, 2024 · Singapore, 10 May 2024 – Singapore Post Ltd (“SingPost”) today announced its unaudited results for the second half and full year ended 31 March 2024. Any item Sep 19, 2023 · Domestic Postage Rates to Increase by 20 Cents. Bookmark Mar 19, 2024 · The postage rate adjustment in October 2023 has contributed to the postal segment returning to profitability in the third quarter ended 31 December 2023 (“Q3FY2023/24”). 5 million from $32. Postage rates vary based on the postal service you choose and the place where your package will be delivered. 4 GST is not applicable for international mail rates. 00 $1. - END - About Singapore Post Limited For more than 160 years, Singapore Post (SingPost), as the country's postal service provider, has been delivering trusted and reliable services to homes and businesses in Singapore. Air conveyance costs are poised to drop in 3QFY23, backed by the holiday season and elevated travel demand. 00 / pc 10,000 pcs $10,000. 0056 Per Security: 2023: 1. Rates for selected local mail services will rise by between two cents and 10 cents by 2024. 2% YoY FY23/24 Net Prot Delivering on growth Strong operating results amidst challenging markets and SINGAPORE POST LIMITED Security SINGAPORE POST LIMITED - SG1N89910219 - S08 Announcement Details Announcement Title Annual General Meeting Date &Time of Broadcast 13-Jul-2023 19:24:28 Status Replacement Announcement Reference SG230620MEETF8C6 Submitted By (Co. SINGAPORE POST LIMITED Securities SINGAPORE POST LIMITED - SG1N89910219 - S08 Stapled Security No Announcement Details Announcement Title General Announcement Date &Time of Broadcast 18-Aug-2023 07:08:17 Status New Announcement Sub Title SingPost Business Update for First Quarter ended 30 June 2023 Announcement Reference SG230818OTHRD94N Oct 4, 2023 · The Infocomm Media Development Authority had approved SingPost’s request to raise postage rates to better reflect the cost of delivering letters, 04 Oct 2023 03:28PM Dec 28, 2022 · Mail rates are to improve overall mail quality, i. 4 million1). In September 2024, ST reported that SingPost had closed 12 post offices, or one in five branches, in the past two With this revolutionary parcel delivery experience by SingPost, "your parcel waits for you," instead of the other way around. SingPost increases postage rate for standard regular mail by 65% amid rising costs Singapore Post says it will issue a booklet of 10 stamps to each household to help manage the postage increase. The portfolio of businesses spans from national and international postal services to warehousing and Singapore Post Annual Report 2023/2024 Progress has been made in addressing the structural decline in domestic mail. This was due to declining mail volumes and the rising cost of expenses such as labour Dec 20, 2022 · Singapore. SEE MORE Dec 17, 2022 · Singapore Post Limited (SingPost) postage rates will increase on Jan. Dec 7, 2023 · Singapore Post increased the postage rates for international airmail letters, printed papers, aerograms and postcards by SG$0. All mail items up to 500g may be accepted for registration. g. 6 million on higher revenue, it reported on Nov 6. Group revenue rose by 20. com Singapore Post Limited (Reg. An uplift of postal rates and growth in Adjustments to International Postage Rates From 1 January 2024 SINGAPORE, 7 December 2023 – Singapore Post Limited (SingPost) announces adjustments to its international postage rates from 1 January 2024, due to higher annual international postal settlement fees. ” All domestic bulk mail rates are inclusive of 8% GST. SingPost's financial year runs from 1 April to 31 March the following year. For more information on our products and services, please visit www. 40, will also be raised from 2023. as well as the postage rate adjustment in October 2023. This stamp issue showcases how Singapore’s postal services has transformed over the course of its history, from the colonial days to nationhood, and a globally connected city today. 263 $0. Ltd. About SingPost; Our Businesses; Board of Directors; Key Executives; Awards & Accolades; Track Items Rate Calculator Find Postal Code Locate Us Item Enquiry. Sep 19, 2023 · Catalyst 1: Postal rate hike is step 1 in fixing domestic postal losses. The strategic review was initiated in May 2023 where Merrill Lynch (Singapore) Pte. To combat rising operating costs and declining domestic letter & mail volumes, Singapore Post (SingPost, SGX:S08) announced changes to its domestic postage rates with the rate for standard regular mail increasing by 64. 0018 2023-11-15: 2023-11-30 Address: 10 Eunos Road 8 , Singapore Post Centre, Singapore 408600. Minutes of the 31st Annual General Meeting of Singapore Post Limited held on 19 July 2023 Singapore, 26 February 2025 – Singapore Post Limited (“SingPost”) today announced that it will hold an Extraordinary General Meeting Dec 18, 2022 · Postage rates set to be increased “in tandem” with GST hike in 2023 – SingPost Singapore Post Limited (SingPost) will be raising postage, package delivery as well as doorstep parcel delivery rates from 1 January 2023 in tandem with the increase in Goods and Services Tax (GST) as well as exceptional inflationary cost increases across manpower, fuel and electricity. 3m), an increase of 12. The 20-cent increase reflects the "escalating costs of maintaining the postal service", SingPost said in a media release on Tuesday (Sep 19), adding that Existing Rate: $0. You can select specific geographic areas or housing types to target. Read more: Nov 15, 2023 · Stamps feature critically endangered and vulnerable bird species as well as select Bird Paradise aviaries. Registered Service is a sign-for doorstep service that requires a signature on delivery in Singapore and most destinations. POPStations (Pick Own Parcel Station) lets you collect, return or post your parcels at our lockers any time, any day within the collection period. 50 ---$16,127. 4 million in 1H FY2023/24, boosted by the Dec 16, 2022 · SINGAPORE — Singapore Post (SingPost) will be raising postage, package delivery and doorstep parcel delivery rates from Jan 1, 2023. xnz yzdmyk kyyze nvqio jigxzj htfvjy yybc ulyce aucpw nkvxxku adt fcv avbl dimi hkpoa