While Singapore is a highly wired country with much of the mailing correspondence shifting into electronic form, physical mail still occupies a prominent spot when it comes to official or legal notifications sent by government agencies or corporations.
Singapore Post Limited (SingPost) is the only player in this field as it holds Singapore’s only public postal licensee. Mailman donning the blue uniform delivering mails and parcels within the neighborhood is still a common sight.
We take a closer look at Singpost’s operations and earnings performance in this article.
Business Segments
SingPost has re-classified its business units into four segments starting from 1 Apr 2018.
Post and Parcel – is the bread and butter of Singpost’s operations that includes domestic mail, international mail, parcel delivery, products and services transactions at post offices.
Logistics – comprises the logistic operations undertaken by Singpost subsidiaries and associates such as Quantium Solutions, Couriers Please and ...
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