International express mail service provider DHL Express has announced its annual general average price increase for the Asia-Pacific region, to take effect in January 2014.
In an official release, the Deutsche Post DHL subsidiary said the median average increase for the region will be about 5 percent.
In Singapore, the average price increase for time-definite international products will be 3.9 percent.
The new rates becomes effective from January 1, 2014.
“Our annual price increase is targeted first and foremost at ensuring a competitive, sustainable value proposition for our customers,” said Ken Allen, CEO of DHL Express.
The company adjusts its prices annually, based on inflation and rising costs from country to country.
