Tag: SPH

SPH third quarter profits crash by 44.1% in the span of one year

Singapore Press Holdings (SPH) has reported that its third-quarter profits have crashed by a hefty 44.1 per cent, from S$46.91 million in the third quarter last year to S$26.2 million this year. The mainstream media conglomerate pointed to a sizeable 16.7 per cent decrease in...

Ex-Straits Times heavyweight Bertha Henson is considering writing a book about journalism in Singapore

Veteran journalist Bertha Henson has revealed that she is "still thinking" about writing a book of her own on journalism in Singapore, as she reviewed her ex-boss, PN Balji's book, 'The Reluctant Editor'. Ms Henson is a heavyweight editor who spent 26 years at Singapore...

SPH loses advertisers and investors as its net profit plunges by a hefty 25%

Singapore Press Holdings (SPH) is losing the interest of advertisers and investors as it revealed on Tuesday that its net profit for the quarter that ended in February fell by a hefty 25.7 per cent. SPH's net profit of SGD $29.7 million was significantly lower than...

Keppel and SPH to make majority stake offer of S$1.27 billion for M1 telecom

The conglomerate Keppel Corporation Limited (KCL) collaborated with Singapore Press Holdings (SPH) to make an offer of up to S$1.27 billion for a majority stake position in M1 Limited telecommunications company. On Thursday, September 27, Keppel and SPH announced that the pre-conditional voluntary general offer they...

SPH-owned HardwareZone Forum hacked; 685,000 users affected in Singapore’s largest data breach

The personal details of 685,000 registered HardwareZone forum users were compromised in a security breach. This is Singapore's largest data breach to date. The actual hacking reportedly took place in September last year but SPH Magazines only discovered the breach last Sunday, 18 Feb 2018...

Ex-NOL CEO appointed new SPH CEO

The ex-Chief Executive Officer (CEO) of Neptune Orient Lines (NOL) has been appointed the CEO of Singapore Press Holdings (SPH). Ng Yat Chung, who was also Lieutenant-General in the Armed Forces, will replace Alan Chan who has served as CEO of SPH for 15 years. The...

SPH: The dog that didn’t bark

SPH
By Bharad Ramesh As a former media buyer, I follow the financial reports of media organisations quite keenly. Often, I am surprised by the disconnect between what we in the industry see and what the “smarter” stock market thinks. In the case of digital companies...

How long can Singapore continue with present media model?

The PM was recently questioned about Singapore’s ranking in the press freedom index. He said the country’s media model has worked but was also changing with the coming on of the new media. The Independent Singapore speaks to former NMP Siew Kum Hong on whether...

SPH in panic mode

One day after the readership figures were out, SPH went into a panic mode with CEO Alan Chan and Editor in Chief Patrick Daniel warning of the publishing storm ahead. Two major moves were announced: One reporter from one newspaper will cover one event, write it up and...