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Hongkong Post to Adjust Principal Postage Rates from Apr 13; Basic Local Letter Postage to Hike to $2.4
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Hongkong Post announced that the principal postage rates will be adjusted with effect from April 13 in order to offset escalating operating costs, in particular increases in major cost components such as conveyance costs and terminal dues payments. The current postage adjustments are broadly in line with the cumulative inflation since the last adjustments in September 2022 up to January 2026. Overall, the postage increases for over 90% of local mail and surface mail will be within $0.2, while those for 90% of airmail will be within $0.5. The expected impact on both the general public and the commercial sectors is considered to be very mild. The principal postage adjustments of the basic tiers for posting letters will be as follows: local letters weighing 30 grams or less will be adjusted from the existing postage of $2.2 to $2.4; letters by airmail weighing 20 grams or less to the Chinese Mainland and Taiwan will be adjusted from the existing postage of $3.7 to $3.9, while those to other places will be adjusted from $4.0 - $5.5 to $4.2 - $5.8; and letters by surface mail weighing 20 grams or less to the Chinese Mainland, Macao and Taiwan will be adjusted from the existing postage of $2.8 to $3.0, while those to other places will be adjusted from $3.5 - $5.3 to $3.7 - $5.6. AASTOCKS Financial News Website: www.aastocks.com |
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