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SingPost "has also been bearing the impact of inflationary cost increases"

Singapore Post Limited (SingPost) will be raising postage, package delivery as well as doorstep parcel delivery rates from 1 January 2023 in tandem with the increase in Goods and Services Tax (GST) as well as exceptional inflationary cost increases across manpower, fuel and electricity.
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SingPost to raise postage, delivery rates from 2023

Singapore News - SingPost will raise rates for postage, package delivery and doorstep parcel delivery in 2023 due to the upcoming hike in goods and services tax (GST). GST, currently at 7 per cent, will go up to 8 per cent from January 2023, and 9 per cent from 2024. Rates for... Read more at www.tnp.sg
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