Singapore Post (SingPost)

Lazada Singapore moves entire warehouse operations to SingPost’s ecommerce logistics hub

SINGAPORE (May 17): Online shopping giant Lazada Singapore has moved its entire warehouse operations to Singapore Post’s Regional eCommerce Logistics Hub in Tampines Logistics Park.

Broker's Calls

Can ecommerce logistics hub, SPC mall save SingPost?

SINGAPORE (May 17): DBS Group Research says beleaguered Singapore Post (SingPost) will have to turn to its ecommerce logistics hub and Singapore Post Centre mall to drive earnings growth amid a challenging outlook for its ecommerce and logistics businesse

Broker's Calls

SingPost still lost in the mail

SINGAPORE (May 15): UOB Kay Hian is keeping its “hold” recommendation on Singapore Post after the national postal service provider saw underlying net profit came in below expectations, falling 25% from a year ago.

Results

SingPost sinks into the red in 4Q after booking TradeGlobal impairment

SINGAPORE (May 12): Singapore Post sunk into 4Q losses of $65.2 million after booking $208.6 million in impairment charges.

SingPost could take one-off impairment charge on troubled TradeGlobal in 4Q: UOB

SINGAPORE (May 9): Singapore Post could take a one-off impairment charge on its TradeGlobal e-commerce logistics business, says UOB KayHian.

SGX slaps SingPost with public reprimand for Listing Rules breach

SINGAPORE (May 4): Singapore Exchange on Thursday publicly reprimanded Singapore Post for its breach of the listing rules.

Aviation & Engineering

SATS launches $21 mil automated airside e-commerce mail sortation hub

SINGAPORE (April 13): SATS today officially launched its new eCommerce AirHub, a $21 million facility ranging 6,000 sq m and co-funded by the Civil Aviation Authority of Singapore (CAAS).

Broker's Calls

SingPost put on ‘hold’ in anticipation of new CEO

SINGAPORE (March 27): Maybank Kim Eng Research is maintaining its “hold” call on Singapore Post (SingPost) at an unchanged target price of $1.34 given major decisions within the group are likely to be put on hold until new CEO, Paul Coutts officially

Stocks To Watch

Singtel, SingPost, Healthway Medical Corp

SINGAPORE (March 27): Here are some stocks that could move the market this Monday morning.

SingPost to start trial of e-three-wheeler for mail delivery

SINGAPORE (March 25): Singapore Post and TUMCREATE will start from March 28 the road trial of a prototype electric three-wheeler to boost mail delivery efficiency.
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