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Taiwan's postage stamp prices are being raised for the first time in 26 years

Postage stamps for domestic mail are set to increase in August for the first time in 26 years.

The price for a standard letter will increase from NT$5 to NT$8, while postcard prices will double from NT$2.5 to NT$5. Stamped letter sheets will also rise from NT$4 to NT$6.

The Transport Ministry said Friday that the adjustments reflected service cost increases and made unit prices more convenient for customers. The ministry added that it would supervise the postal service's use of the increased revenue for infrastructure upgrades to ensure service efficiency and quality.

It added that it would request the postal service fulfill its corporate social responsibility requirements by helping to promote government senior care policies by deepening the attention it gives to older people.

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