The Business Times
business-time-50
SUBSCRIBERS

SPH revamps for better footing in digital information age

New CEO says job cuts are "only the means to an end"; group profit rises 32% to S$350m on one-time gains

google-preferred-sourceAdd BT as a preferred source
Michelle Quah

Michelle Quah

Published Wed, Oct 11, 2017 · 09:50 PM
    SPH

    Singapore

    MEDIA giant Singapore Press Holdings (SPH) will take a sharp cut in the cost base of its core media business, as it looks to re-position itself quickly and efficiently to meet the demands of the new digital information age.

    This was the thrust of the group's message when it announced its results for the full year ended Aug 31, 2017, on Wednesday.

    SPH

    TRENDING NOW

    KSL's Khoo Lee Feng says it is "not so much what you study, but how you learn".

    Johor property old hand KSL readies family handover amid market boom

    More than 95% of Seatrium's net order book comprises "series-build" projects.

    Seatrium eyes S$28 billion in project opportunities amid global race for energy security

    China has launched the biggest shake-up of its cross-border tax system in decades, threatening three popular brokers with at least US$330 million of penalties.

    China targets offshore billions in biggest crackdown in decades

    Terence Wong, founder and CEO of Azure Capital (left), with Trek 2000 executive chairman and group president Wayne Tan.

    Trek 2000 shares jump 26% after Osim founder Ron Sim drops claims, sells 7.3% stake to Azure Capital

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More