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In 1981, Malaysia decided to standardise the time across its territories to a uniform UTC+08:00. Singapore elected to follow suit, citing business and travel schedules. [14] [15] The change took effect on New Year's Day (1 January) 1982 when Singapore moved half an hour forward on New Year's Eve (31 December) 1981 at 11:30 pm creating "Singapore Standard Time" (SST) or "Singapore Time" (SGT). [16]
The paper was founded as The Straits Times and Singapore Journal of Commerce on 15 July 1845. [11] [12] The Straits Times was launched as an eight-page weekly, published at 7 Commercial Square using a hand-operated press. The subscription fee then was Sp.$1.75 per month.
The Straits Times Index (abbreviation: STI) is a capitalisation-weighted measurement stock market index that is regarded as the benchmark index for the stock market in Singapore. It tracks the performance of the top 30 companies that are listed on the Singapore Exchange (SGX).
Singapore’s Straits Times Index hasn’t had a year like this in over a decade. As 2024 comes to a close, the index is poised to be Southeast Asia’s best-performing stock market index.
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]
In August 2016, The Straits Times reported that Indonesia had decided to create tax havens on two islands near Singapore to bring Indonesian capital back into the tax base. [278] In October 2016, the Monetary Authority of Singapore admonished and fined UBS and DBS and withdrew Falcon Private Bank 's banking licence for their alleged role in the ...
The National Library Board and Singapore Press Holdings signed an agreement in 2007 to make digitised articles of The Straits Times available for public access at NLB libraries. NewspaperSG was launched on 28 January 2010.
Singapore's media environment is a duopoly - it is dominated by two major players, Mediacorp and SPH Media. [ 1 ] [ 2 ] Comprising the publishing, print, broadcasting, film, music, digital, and IT media sectors, the media industry collectively employed about 38,000 people and contributed 1.56% to Singapore's gross domestic product (GDP) in 2001 ...