Postage rates set to be raised Aug. 1


CNA

TAIPEI, Taiwan — Taiwan’s postage rates are set to be raised on Aug. 1 for the first time in over two decades, the Chunghua Post Co. said Thursday. Postage for regular mail will be raised from NT$5 to NT$8, while registered mail will be raised to NT$30 from the current NT$25.

Meanwhile, postage stamps in the denominations of NT$2.5 and NT$3.5, currently used for postcards and printed products, respectively, will be phased out, although existing stocks will continue to be honored by the post company.

Chunghwa Post said it will hold a news conference on Monday to announce details of the hikes.