If you have not already know, SingPost has just announced that they are going to raise the postage rates (for both local and international) from October this year. For local rates, the raise is in the range of 4 to 20 cents while for the international rates, the raise is in the range of 5 to 25 cents, depending on the weight.
So, what is the potential implication?
For a normal consumer, I guess there is not much impact as presently we are relying more on social media, messaging services and email for the communication. However, if you are an investor, you may want to consider the following potential effect :
1. SingPost’s revenue from mailing service is expected to raise from next year onward. Good sign?!
2. Certain industry like eCommerce (which rely on postal service to deliver the physical goods) might be greatly impacted by this as …