TR EMERITUS

It was reported on Sunday (18 Mar) that the advertisement page count of Singapore Press Holdings’ (SPH) Straits Times had slipped 12.7% year-on-year for 2Q in its financial year of 2018 (FY18). SPH's financial year ends on 31 Aug. According to a report from UOB Kay Hian, the decline was driven primarily by the display ad... 

In 2001, Naspers, a South African publisher (It published the ST for the apartheid regime) bought a stake in a lossmaking Chinese start-up in the wake of the dotcom bust for US$32m. This week it sold more than US$10bn of its shares in Tencent, the Chinese technology group, a sliver (2%age points) of a stake worth US$167bn which... 

Since Singapore’s corporate income tax rate is the lowest among Asean countries, raising government revenue by increasing corporate tax rate makes sense. But according to PAP, this will make us less competitive to the extent that higher costs will cause investors to flee, foreign investors would likely not consider Singapore...