SingPost - Our Profitable Postal Operator

Well, the recent financial turmoils around the world highlighted the difficult stages that many companies faced. So it was not surprising when I read about the financial difficulties of many postal companies. Postal companies are the important players in the development of the philately for the country. They are the parties who design and print stamps (including stamp errors which the collectors love), and operate / develop the postal system, which in turn created many interesting developments of philately worth (e.g. postal codes changes). Their "healthy" existence is necessary for the local philately scene. But 'healthy' is not a word to describe many of these companies.

In Canada, the ( info from - Canada's Unions "Mail Aggression": page 36 of The Economist 2nd July 2011 Edition." the Canadians post fewer letters than they once did (same for Singaporeans) and Canada Post has avoided obsolescence by encouraging the growth of "direct" (junk) mail, which now accounts for almost a quarter of its revenue. When the dispute in Canada began, their National Post newspaper ran the headline "Canada Post Strike: Will We Even Notice?" That is a sad headline for the postal operator.

Similarly for US, (info from Bloomberg Businessweek 30 May 2011 Edition), US Postal Service, i.e. USPS is losing money at the tune of -13.58%. The health of the postal operator would definitely cause worries for the 570+k employees of USPS.

So these examples drew my attention to our own Singapore operator, SingPost. Singapore's postal market has been liberalised for a couple of years now, i.e. Singapore has more than 1 postal operator. IDA (the postal regulator) listed 5 operators (incl SingPost) on its website, including DHL, Fuji Xerox and Swiss Post. An interesting point about the postal liberalisation is that it created more postmarks due to the entrance of new players. I've also received letters from other non-listed couriers. With competition, how's our SingPost doing?

Apparently very well! SingPost reported profit of S$34.8 millions for Q4 FY 2010 / 2011, and they have been giving out dividends for the shareholders. I believe that some of these growth come from direct mails, i.e. junk mails, that we received in our letterboxes. Earlier articles about the USPS and Canada Post revealed that direct mails are now important revenue growth for these companies, and I think it is likewise for SingPost.

This means in future I'll likely continue to receive more junk mails (or faced increasing cost for the stamps), and I wonder if one day junk mail will become a recognised element of the philately development for a country? Scary... nonetheless if that is necessary so that our local postal operator SingPost can survive in this new digital online world, I guess receiving junk mail is but a small price to pay. Don't you think so? :)

Stamp Exhibition on Dr Sun Yat Sen @ SPM

We went to the Singapore Philatelic Museum for the Stamp Exhibition on Dr Sun Yat Sen. It was a rare treat to see some of the uncommon stamps linked with Dr Sun Yat Sen. The visit was highly educational. For example, I didn't know that Dr Sun Yat Sen 孙中山's "中山" came from his Japanese name 中山樵, which he used when he was hiding in Japan. His actual name is 孙文. Another piece of philately tidbit was that Dr Sun Yat Sen was personally involved in the design of one of the early China stamps because he felt that these stamps were important to the modern day China.

Of course, the philately material provided much information about Dr Sun Yat Sen's life. It was also interesting to know that Dr Sun's Three Principles of the People (三民主义) had been depicted on a US stamp, together with Dr Sun and US President Lincoln's portraits. It seemed that the political ideas of both great men had often been compared for their similarities. While I do have stamps with Dr Sun's portrait (many Taiwan stamps have his picture), I think I might want to keep an eye to look out for that particular US stamp with both Dr Sun and President Lincoln.

The exhibition also contained materials about Dr Sun Yat Sen's relationship with the early Singapore Chinese, and the establishment of 晚晴园. Looking at the pictures of Dr Sun Yat Sen with some of the early Singapore Chinese (including famous folks like Teo Eng Hock, Tan Chor Nam and Lim Nee Soon), I would say that Singapore's relationship with China started really early. 

For those who are interested to visit the Singapore Philatelic Museum, you can find out more accessibility details at their website.

Taipei Postbox

When I travel to other cities, I tend to collect little tidbits of information about their postal related matters. I guess it is a habit for many stamp collectors. Thus earlier I posted about the 'Nostalgic Looking Postbox in China' when I visited ShangHai.

Here's another postbox and this postbox is in Taipei. They have two different colours for postboxes - one for domestic mail and another for international mail. The Green Postbox is for Taiwan mails, and there is further differentiation - Taipei / Shilin area vs rest of Taiwan. Similarly for the Red postbox meant for international mail - Airmail vs Prompt Delivery. No I don't really understand what is meant by Prompt Delivery. The Chinese words at the prompt delivery is "限时邮件", so if there is any Taiwanese reading this post, I'll greatly appreciate your enlightenment on this category of mail.

Singapore's postboxes are more 'colourful' compared to those in Taiwan or China. Well, to prove my point, here's a picture from the Kovan Postbox, near the Kovan MRT. But regardless of the design of the postboxes, what is more important is that any mail that dropped into the postboxes get delivered on time to the recipients, isn't it?

Spices of Singapore & Food Festival 2011

In conjunction with the Singapore Food Festival 2011, SingPost has timed its latest stamp issue - "Spices of Singapore" to be released on 15 July 2011. Of course, the theme is spices, a once upon valuable commodity (still valuable today) that is essential for food flavouring.

Singapore has its history tied closely with spices, when the spice commodities were traded in Singapore's early days as a entre port in the Straits Settlements. We celebrated our historical ties with spices by setting up a special spice garden at the Fort Canning Park, at the location of Raffles' experimental and botanical garden.

For the Spices of Singapore stamp issue, five different spices (and one food / drink containing each spice) are featured:

- Cinnamon (1st Local) used in Masala Teh (spiced tea with milk)
- Coriander (2nd Local) used in Satay
- Star Anise ($0.65) used in Braised Duck
- Tamarind ($0.80) used in Assam Prawn
- Tumeric ($1.10) used in Fish Head Curry

The Spices of Singapore stamps presentation pack is sold at $4.95, while the pre-cancelled First Day Cover is sold at $3.95. Those interested can get these stamps at any SingPost outlets as well as the Singapore Philatelic Museum.

SingPost Registered Article Delivery - Not At Home

What happens when there is a delivery of registered article to your place and there is no one at home? Well, SingPost will still have options for you to receive the article. 

SingPost will leave a note (see the picture below) informing the recipient that there was an unsuccessful delivery.

Within the notice, SingPost will leave three options for the recipient:

a) Go to the stated Post Office and collect the article at the next working day; or

b) Request to collect the article at another Post Office (2 days upon receipt of this request); or

c) Request for another delivery to the original stated address (i.e. to your house) at 1 working day after the request

Give a call to SingPost (1605) if you wish to activate option b or c.

The notice has 'evolved' over the years. It used to be just a tiny slip of paper requesting the recipient to go down to a particular Post Office. Guess postal services have evolved for the better over time.

Philately Books - Major unauthorisd copying of other people's posts

After I posted about the 'Most Beautiful' stamp,  I was shocked  to find the entire post on another site - Philately Books. To my amazement, I found some of my other blog posts on the site as well.

Unlike normal blogs aggregator, Philately Books make absolutely no mention of my blog or that the content came from non Philately Books origin. Yes, it is unauthorised copying in a big way. Disgusting isn't it?

2005 Most Beautiful Stamp - Greta Garbo of Sweden

We have often heard of the world's first stamp (Penny Black), the most expensive stamp (Treskilling Yellow) etc etc. Recently I came across another 'most', and in this case it is the 'Most Beautiful' stamp - Sweden's Greta Garbo (2005).

Apparently there was a vote (not sure by whom, perhaps the UPU?) and this stamp of Greta Garbo was deemed as most beautiful via a combination of a beautiful woman, fantastic portrait photo, well made engraving and a recces print of the highest quality.

Accompanying this 'Most Beautiful' stamp in this little booklet are other stamps and to me, they are just as beautiful. I think stamps are generally 'beautiful' when they tell a story, regardless of whether it is of a beautiful woman or not. Nonetheless, the Most Beautiful stamp - Sweden Greta Garbo (2005) is quite well made.