COVID-19 variants, vaccination and SPH restructuring to be discussed in Parliament Toggle share menu
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File photo of Parliament House. (Photo: Hani Amin)
07 May 2021 07:12PM) Share this content
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SINGAPORE: COVID-19 vaccinations, variants of the coronavirus and border measures will be discussed when Parliament sits on Monday (May 10).
More than 10 Members of Parliament filed questions related to vaccines and the pandemic, including one from MP Liang Eng Hwa (PAP-Bukit Panjang) on the progress of Singapore s evaluation of the Sinovac vaccine.
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MP Saktiandi Supaat (PAP-Bishan Toa Payoh) asked which are the three countries that accounted for the most number of imported cases in the past six months, and what other measures the Ministry of Health can take to ensure virus variants do not emerge in Singapore from imported cases.
Brands trendjack SPH CEO s umbrage lashing to CNA reporter Details 07 May 2021
A video clip of Singapore Press Holdings CEO Ng Yat Chung s response to a Channel NewsAsia journalist s question asked during a press conference yesterday has captured the attention of netizens in Singapore. According to a video circulating online, SPH said during a press conference that the revenue from the company limited by guarantee will now be channelled into the new constitution of the company with new goals. In response to this, a Mediacorp-owned Channel NewsAsia journalist asked what the goals might be, adding: Does this mean that the media business will now pivot to emphasise editorial integrity, for example, ahead of advertiser interest?
Details 07 May 2021
Singapore s Ministry of Communications and Information said it supports Singapore Press Holdings (SPH) proposal to transfer its media business, SPH Media, to a company limited by guarantee. SPH s flagship title
The Straits Times reported that the government is willing to offer funding support to the company to help build up capabilities for the future. The statement came following a shocking announcement yesterday by SPH where it announced the transference of its media business to a newly incorporated wholly-owned subsidiary, SPH Media Holdings. This involves the shift of its entire media-related businesses of SPH including relevant subsidiaries, relevant employees, News Centre and Print Centre along with their respective leaseholds, as well as all related intellectual property and information technology assets. SPH Media will eventually be transferred to a not-for-profit entity for a nominal sum, and the not-for-profit e
The Straits Times
The filing with the Singapore Exchange was made at 7.37am before the stock market opened.PHOTO: ST FILE
https://str.sg/Jtdi
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Let s go!
The news that Singapore Press Holdings (SPH) is spinning out its media business as a not-for-profit organisation could easily be viewed as another step closer to the end of the road for the newspaper business. But while by some measures the move is an unfortunate sign of the times the industry finds itself in, it is also a bold move that few others have been forward-thinking enough to attempt.
Ever since the advent of the internet and the explosion of cheap, targeted advertising by search engines and social media, businesses like SPH have been fighting a losing battle to remain both relevant and profitable. While many would argue that the relevance of trusted media houses is critical when fake news and disinformation are rampant, SPH’s latest move may be the canary in the coal mine as far as profitable journalism across the city goes. Like many before it, SPH has succumbed to the pressures of falling advertising revenues and dwindling profits.