SINGAPORE: Following a spate of high-profile delivery lapses, national postal services provider Singapore Post (SingPost) will do more in the coming months to improve standards in its postal operations and win back the public’s trust. Mr Vincent Phang, the company’s newly-appointed chief ...

Submitted By:  Danielle Isaac Case Study:  No SMEs can acquire integrated warehousing services on a pay-as-you-use basis. Singapore Post (SingPost) and e-commerce s...

SINGAPORE (May 15): Singapore Post (SingPost) and Synagie Corporation will be collaborating to provide on-demand warehousing and fulfilment solutions to SMEs in Singapore and Southeast Asia. SMEs in SE Asia will now be able to utilise state-of-the-art warehousing and fulfilment services provided by...

SINGAPORE (May 9): UOB Kay Hian and OCBC Investment Research are maintaining their “hold” calls on Singapore Post (SingPost) with a $1.06 price target and $1 fair value estimate, respectively, after the group announced a 4Q19 loss of $75.1 million due to US business-related impairment charges a...

Submitted By:  Arianna Danganan Case Study:  No Its underperforming US e-commerce units will continue to weigh on performance. It may take Singapore Post (SingPost)...

AN ALMOST S$100 million impairment for its struggling United States e-commerce subsidiaries caused Singapore Post (SingPost) to deliver a net loss of S$75.1 million for the quarter ended March 31, reversing from a net profit of S$31.8 million a year ago.

SINGAPORE: SingPost has attributed a net loss of S$75.1 million in its fourth quarter to equity holders, reversing from a net profit of S$31.8 million a year ago, according to results released by the postal service on Tuesday (May 7). SingPost's results for the three months ended Mar 31 reflect...

SINGAPORE (May 7): Singapore Post (SingPost) reversed into the red for the 4Q ended March, posting a loss of $75.1 million from earnings of $31.8 million a year ago due to impairment charges in exceptional items. This also brings FY18/19 earnings to $19 million, down 86% from FY17/18  due to impai...