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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.
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]
The New Paper is often compared to the tabloid Today, although the latter positions itself against The Straits Times. The New Paper targets readers with more eye-catching tabloid journalism featuring sensationalist headlines. It tends to focus on local human-interest stories, with extensive sections on entertainment, fashion and sports.
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.
It was the second-most-read English-language newspaper in Singapore, after The Straits Times. [9] In April 2017, Today discontinued its weekend edition, publishing only on weekdays. In September, it then ceased print publication of its weekday edition, continuing as a digital publication only. [10] SPH concurrently divested its stakes in ...
The Business Times is a Singaporean financial newspaper under SPH Media, a media organisation with businesses in print, digital, radio, and outdoor media in Singapore. The paper is published Monday to Saturday, with the Saturday edition called The Business Times Weekend. It had a circulation (print and digital) of 39,500. [citation needed]
On 13 October 2020, SPH, which published The Straits Times and The Business Times, posted a net loss of $83.7 million for the full year. The loss was attributed to COVID-19 which affected all major business segments. [20]
The Business Times originally distributed with The Straits Times, both published in Singapore.After new law in both Singapore (1975) and Malaysia (1970s) regarding ownership of the publisher, the New Straits Times was founded in Kuala Lumpur based on the Malaysian edition of The Straits Times.