SingPost completes strategic review; to reorganise business units and adopt new payout scheme
SINGAPORE Post’s (SingPost) board has approved five growth drivers or “strategic thrusts” to be executed over the next three years, including the...
SingPost Q3 operating profit dips 18.2 per cent to S$27.7 million
SINGAPORE Post (SingPost) has reported group operating profit of S$27.7 million for the third quarter ended Dec 31, 2023, down 18.3 per...
Transportation stocks on the move in 2024
TRANSPORTATION stocks have been on a roll since the price of Brent Crude Oil stayed below US$80 per barrel in November 2023...
SingPost to raise international postage rates by S$0.05 in 2024
SINGAPORE Post (SingPost) will be introducing a S$0.05 rate hike for most international airmail letters, printed papers, aerogrammes and postcards from Jan...
Brokers’ take: OCBC raises SingPost’s fair value to S$0.555, awaits structural solution
OCBC Investment Research has increased its fair-value estimate for Singapore Post (SingPost) to S$0.555 from S$0.54, following the national postal-service provider’s update...
SingPost back in the black with H1 earnings of S$11.5 million
SINGAPORE Post (SingPost) is back in the black with a net profit of S$11.5 million for the fiscal first half ended Sep...
SingPost to buy Australia’s Border Express for up to A$210 million
SINGAPORE Post (SingPost) has proposed to fully acquire Australian courier and logistics services provider Border Express through its subsidiary in the same...
BT Mark to Market: Rising costs bring the bears back (Ep 36)
A deteriorating outlook for inflation and interest rates is unnerving the market again. What does it mean for US stocks and Asian...
SingPost delivery business in Singapore lost S$16 million in 2022; review of postal industry under way
SINGAPORE Post (SingPost) incurred an operating loss of S$16 million in its post and parcel business in 2022, amid declining mail volumes...
SingPost, SBS Transit may not see lasting boost from transport fare, postage rate hikes
SBS Transit and Singapore Post (SingPost) do not usually excite investors, but they did last week on news that the public services...