Postage rates for large letters and parcels are set to rise by an average of 6.2 percent from Jan. 2.
Hongkong Post, which is a self-financing government agency, said the rates are being adjusted to better reflect the underlying costs of postal services, including rising logistics and manpower expenses.
Not only that. Rates will depend not only on the weight but also the size of the mail, and where it is going.
Still, around 80 percent of local letters and parcels will not be affected by the rate increases.
Of the city’s 128 post offices, 97 recorded losses in the year 2012-13. Hongkong Post recorded an operational funding deficit of HK$114 million that year, although the situation improved a year later.
The office also announced a three-tier classification system for postal matters based on size and weight.
Mails will be divided into three categories: letters, large letters and packages.
A letter has a maximum dimension of 165 millimeters (mm) x 245mm x 5mm. For a large letter, it’s 305mm x 381mm x 20mm; and for a packet, the length, width and depth should be no greater than 900mm and the weight a maximum of 2 kilos.
Under the new system, even if the mail has the weight of small letter but the size of a package, it will be classified as a package with the postage fee in a range of HK$4 to HK$47.3.
Letters under 30 grams (g) posted locally are currently charged a standard fee of HK$1.7. The rate will remain unchanged.
However, for a large letter that is under 30g, the fee will jump 70 percent to HK$2.9 from HK$1.7.
Under the current system, postal fees depend on the weight, regardless of the size.
For international mail, a third geographical zone will be added to the existing two to reflect the higher costs of mailing to remote countries. Around 100 countries have been added to this zone, including Iceland and Argentina.
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