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Singapore Post ( (SG:S08) ) has shared an update.
Singapore Post Limited (SingPost) will increase domestic mail rates by ten cents starting January 1, 2026, to support service enhancements and rising network costs. This rate adjustment will help SingPost invest in modernization efforts to improve customer experience and operational efficiency, while maintaining reliable services. Recent initiatives include expanding service touchpoints, enhancing eCommerce capabilities with a S$30 million investment in automation technology, and launching SpeedPost Direct International to adapt to global postal changes.
The most recent analyst rating on (SG:S08) stock is a Hold with a S$0.50 price target. To see the full list of analyst forecasts on Singapore Post stock, see the SG:S08 Stock Forecast page.
More about Singapore Post
Singapore Post Limited (SingPost) operates in the postal and logistics industry, providing a range of mail and parcel delivery services. The company focuses on enhancing customer experience and operational efficiency through technological advancements and network expansion, positioning itself as a technology-driven logistics leader.
Average Trading Volume: 8,780,946
Technical Sentiment Signal: Sell
Current Market Cap: S$933.6M
Find detailed analytics on S08 stock on TipRanks’ Stock Analysis page.