SingPost
Singapore Post (SingPost) is a postal service provider, which has been delivering trusted and reliable services to homes and businesses in Singapore.
See below for the Latest SingPost News, Analysis, Profit Results, Share Price Information, and Commentary.
SingPost to bring POPStop services to U Stars Supermarket chain
The grocery chain has 22 stores.
SingPost pilots Singapore’s first postal collection via SMRT trains
Mail ambassadors will be assigned to Tampines and Raffles Place MRT stations.
SingPost appoints Merrill Lynch as financial advisor for Australian operations
It is part of the group’s strategy to strengthen its Australian market presence.
Alibaba cuts stake in SingPost via $33.3m deal
Alibaba’s interest in the company is now down to 11.34% from 14.56% previously.
SingPost and Lithuania Post enhance collaboration in postal and delivery services
The agreement will focus on four areas.
SingPost names ex-SMRT managing director as new Singapore CEO
Newly-appointed CEO Shahrin Abdol Salam has more than 25 years of experience in various fields.
SingPost taps Google Cloud to accelerate digital transformation
As part of the collaboration, SingPost will deploy Cloud's BeyondCorp Enterprise platform.
SingPost increases international postage rates by $0.05
The company will implement the price adjustment on 1 January 2024.
SingPost to accept FedEx parcels in trial period
It will accept e-commerce dedicated parcels.
How SingPost will survive the downward trend of e-commerce volume
UOBKayHian said the trend will improve in the medium term.
SingPost to pay additional $1.7m over arbitration proceedings
The arbitration was commenced by Tan Ho Sung against SingPost.
SingPost sees integrated 4PL platform and AI to reshape e-commerce logistics
SingPost’s logistics capabilities contribute 70% of its $1.9b revenue, according to CEO of International Business Li Yu.
Gov’t reviews introduction of SingPost’s postage rate adjustments
This will help SingPost to operate on a viable business model.
SATS, SingPost ink MOU for e-commerce transshipment hub exploration
The hub will reduce delivery times, operating costs, and manpower.
SBR National Business Awards 2023 Winner: Singapore Post Limited
Singapore Post Limited secures the E-Commerce award at the SBR National Business Awards 2023.
SingPost net profit drops 70.3% in 2023
Its profit stood at S$24.6m in the financial year ended 31 March.
Commentary
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