Singapore Post Invests SG$30 Million to Triple E-Commerce Parcel Sorting Capacity

MT Newswires

Mar 14, 2025

Singapore Post (SGX:S08) announced a SG$30 million investment in its regional e-commerce logistics hub facility, LogHub, to increase its parcel processing capabilities, according to a Thursday filing with the Singapore Exchange.

The capital injection will be used to install new sorting equipment designed to revolutionize the hub's operational efficiency.

Notably, the new technology will enable LogHub to process up to 300,000 small parcels per day, a threefold increase from its current capacity of 100,000 parcels.

The investment will be utilized to install new sorting equipment, which will take small parcels sorting to up to 300,000 small parcels per day, compared to 100,000 currently.

The investment is the first major renovation of the LogHub which was launched in back in 2016.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2519814028"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2519814028\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2519814028?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-14 11:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2519814028","market":"sg","top_or_hot":-1,"title":"Singapore Post Invests SG$30 Million to Triple E-Commerce Parcel Sorting Capacity","media":"MT Newswires","content":"<html><body><p> Singapore Post (SGX:S08) announced a SG$30 million investment in its regional e-commerce logistics hub facility, LogHub, to increase its parcel processing capabilities, according to a Thursday filing with the Singapore Exchange.</p><p>The capital injection will be used to install new sorting equipment designed to revolutionize the hub's operational efficiency.</p><p>Notably, the new technology will enable LogHub to process up to 300,000 small parcels per day, a threefold increase from its current capacity of 100,000 parcels.</p><p>The investment will be utilized to install new sorting equipment, which will take small parcels sorting to up to 300,000 small parcels per day, compared to 100,000 currently.</p><p>The investment is the first major renovation of the LogHub which was launched in back in 2016.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Post Invests SG$30 Million to Triple E-Commerce Parcel Sorting Capacity</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Post Invests SG$30 Million to Triple E-Commerce Parcel Sorting Capacity\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1060499803\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires </p>\n<p class=\"h-time\">2025-03-14 11:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Singapore Post (SGX:S08) announced a SG$30 million investment in its regional e-commerce logistics hub facility, LogHub, to increase its parcel processing capabilities, according to a Thursday filing with the Singapore Exchange.</p><p>The capital injection will be used to install new sorting equipment designed to revolutionize the hub's operational efficiency.</p><p>Notably, the new technology will enable LogHub to process up to 300,000 small parcels per day, a threefold increase from its current capacity of 100,000 parcels.</p><p>The investment will be utilized to install new sorting equipment, which will take small parcels sorting to up to 300,000 small parcels per day, compared to 100,000 currently.</p><p>The investment is the first major renovation of the LogHub which was launched in back in 2016.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6047","symbol_name":"航空货运与物流","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2519814028","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2519814028","pubTimestamp":1741924115,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1060499803","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Singapore Post  announced a SG$30 million investment in its regional e-commerce logistics hub facility, LogHub, to increase its parcel processing capabilities, according to a Thursday filing with the Singapore Exchange.The capital injection will be used to install new sorting equipment designed to revolutionize the hub's operational efficiency.Notably, the new technology will enable LogHub to process up to 300,000 small parcels per day, a threefold increase from its current capacity of 100,000 parcels.The investment will be utilized to install new sorting equipment, which will take small parcels sorting to up to 300,000 small parcels per day, compared to 100,000 currently.The investment is the first major renovation of the LogHub which was launched in back in 2016.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6047":"航空货运与物流","BK6519":"运输股","SG9999002414.USD":"LIONGLOBAL SINGAPORE TRUST (USD) ACC","SG9999002406.SGD":"利安新加坡信托基金","S08.SI":"新邮政"},"translate_title":"新加坡邮政投资3000万新元将电子商务包裹分拣能力提高两倍","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"S08.SI":0.9},"content_text":"Singapore Post (SGX:S08) announced a SG$30 million investment in its regional e-commerce logistics hub facility, LogHub, to increase its parcel processing capabilities, according to a Thursday filing with the Singapore Exchange.The capital injection will be used to install new sorting equipment designed to revolutionize the hub's operational efficiency.Notably, the new technology will enable LogHub to process up to 300,000 small parcels per day, a threefold increase from its current capacity of 100,000 parcels.The investment will be utilized to install new sorting equipment, which will take small parcels sorting to up to 300,000 small parcels per day, compared to 100,000 currently.The investment is the first major renovation of the LogHub which was launched in back in 2016.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}