The Business Times
The Business Times is a Singapore English-language financial daily founded in 1976 and now published by the not-for-profit SPH Media TrustSPH Media TrustSPH Media Trust (SPH Media) is a Singapore not-for-profit company limited by guarantee that took over Singapore Press Holdings’ media business in December 2021 and publishes titles including The Straits Times, The Business Times and Lianhe Zaobao. The government has funded it against key performance indicators since 2022, and in 2023 it disclosed that earlier circulation figures had been inflated.Open the full entry.
Contents6 sections
Key facts
October 1, 1976Launch
The paper launched on October 1, 1976.[1]
1993Editor Patrick Daniel Convicted Under the Official Secrets Act
In 1993 Patrick Daniel, then editor of the paper, was convicted with three others under the Official Secrets Act and fined S$2,000. He became editor-in-chief of the English and Malay newspapers division in 2007.[2]
September 2021SPH Media Trust Plans Faster Digital Transformation
In September 2021 SPH Media Trust, which was taking over SPH’s media business, said it would speed up the paper’s digital transformation and use it as a template for its larger newsrooms the following year.[3]
Titles listed that month as part of SPH Media Trust included the paper, The Straits TimesThe Straits TimesThe Straits Times is Singapore’s oldest English-language daily, founded in 1845 as The Straits Times and Singapore Journal of Commerce. Long part of Singapore Press Holdings, it has been published since December 2021 by the not-for-profit SPH Media Trust.Open the full entry, Berita Harian and Tamil Murasu.[4]
January 2023Circulation Figures Rebased
In January 2023 Wong Wei Kong, editor-in-chief of SPH Media’s English/Malay/Tamil Media group, wrote in an internal memo that both The Straits Times and the paper had rebased their circulation figures.[5]
Related Organizations, Websites, and Public Accounts
The Straits Times: Official website: https://www.straitstimes.com/ (opens in a new window)[6]
Sources
- What You Didn’t Know About the Straits Times (opens in a new window)
- Who is Patrick Daniel, interim CEO of SPH Media Trust? (opens in a new window)
- The New Paper goes fully digital amidst plans to accelerate newsroom transformation (opens in a new window)
- Lianhe Wanbao and Shin Min Daily News to merge (opens in a new window)
- Singapore SPH Media editor-in-chief: 'Painful but necessary' to make public inflation of circulation figures, 'more things may come out' (opens in a new window)
- Singapore (opens in a new window)