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Postage To Raise In October, What Are The Potential Implication?
By Invest Openly  •  September 2, 2014
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 ...
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By Invest Openly
My name is Richard Ng and I am a Malaysian turned Singaporean. This is a personal blog of mine detailing my venture in Share Investment Project. All the details in this blog are from my real venture (as it happens) and all amount quoted are in SGD (Singapore Dollars), unless otherwise stated.
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