294 views

SingPost adjusts pricing structure for deliveries

It will discontinue SpeedPost Economy in Singapore starting 15 October.

Singapore Post (SingPost) will adjust its pricing structure and rates for letterbox package deliveries as well as doorstep parcel deliveries beginning 15 October, according to an announcement.

Amongst changes iinclude the discontinuation of SpeedPost Economy service within Singapore beginning 15 October. The last day of will be on 14 October.

Beginning mid-October, SingPost’s basic package—letterbox delivery, no tracking capacity—will have a flatrate of $1.50 for items up to 2kg with maximum dimensions of 324mm x 229mm x 65mm. Currently, it operates at a price range of $0.9 and $3.5.

Postage-paid product PolyM will be standardised at $2 for both small and large PolyM products. Customers will be able to send items up to 2kg in each PolyM, regardless of size.

All basic services will be delivered to the letterbox within two working days, down from the previous service standard of three working days.

Tracked package will also feature a flat rate of $3 beginning mid-October, down from the current price range of $3.2 and $4.8. Customers may deliver items of up to 2kg with maximum dimensions of 324mm x 229mm x 65mm.

Trackable postage-paid product SmartPac will have only two price categories from the previous three. SmartPac Mini and SmartPac Lite will both be priced at $3.20 beginning 15 October, with maximum weight limits increased to 2kg.

Meanwhile, SmartPac Box will cost $3.8, down from the previous $4.7. However, the weight limit of the SmartPac Box will be lowered to 2kg.

The next-day parcel doorstep delivery service called Speedpost Standard will feature a flat rate of $6 for local deliveries, with a maximum weight limit of 30kg, with dimensions of up to600mm x 400mm x 300mm.

There will be no changes to the rates and service for Speedpost Express, the two-hour express delivery service, which costs between $15 and $25.

Singpost is also revising its international package services to two categories: Basic Package (International) and Registered Package (International). It will have four weight tiers: 250g, 500g, 1kg and 2kg.

There will be no changes to airmail and aerogramme rates, which were last adjusted in December 2019.

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.