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Singapore Press Holdings Limited (SPH) was an organisation with businesses in property and aged care in Singapore. Since its takeover by Cuscaden Peak in 2022, it has been renamed Cuscaden Peak Investments. Prior to 1 December 2021, SPH was in the media business with a reach in the print, digital, radio, and outdoor media.
Singapore Press Holdings Limited (SPH) was formed on August 4, 1984, through a merger of three organisations, The Straits Times Press Group, Singapore News and Publications Limited and Times Publishing Berhad. [3] SPH readership has stagnated since the early-2000s, as Singaporeans increasingly turned to online media for their news consumption. [4]
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In the 1990s, the exported value from Vietnam to Singapore was about US$400 million. It increased to US$2.4 billion in 2008, then fell to US$1.6 billion in 2012, then it increased again in 2013. Crude oil is the main product which Vietnam exports to Singapore. [14] On May 5, 1993, the Vietnam–Singapore Cooperation Commission was established. [11]
The company was founded by Singapore Press Holdings on 8 June 2000 in an investment worth $50 million, [3] and appointed local television industry veteran Lee Cheok Yew as its CEO. [1] The new company aimed not only at the conventional radio and television businesses, but also eyed a potential interest in the online sector. [4]
Location of Singapore Singapore is a sovereign island country in maritime Southeast Asia. A global city, it has a highly developed market economy, based historically on extended entrepôt trade and more recently as a financial hub as well. Its economy is known as the most freest, most innovative, most competitive, most dynamic and most business-friendly in the world by various multinational ...
On 8 January 2008, my Paper was relaunched as the first full-fledged bilingual newspaper in Singapore. [ 1 ] On 17 October 2016, Singapore Press Holdings announced a cut 10% of staff, [ 3 ] [ 4 ] [ 5 ] that My Paper and The New Paper (TNP) will merge to form a revamped TNP that will be distributed free from 1 December 2016.
On 5 June 2000, Singapore’s Ministry of Information and the Arts announced the gradual introduction of media competition, allowing MediaCorp to own a newspaper and Singapore Press Holdings (SPH) to operate two television and two radio channels. [4] [5]