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Why is SPH share price falling?

The failing newspaper model is not uniquely SPH's. It is a global phenomenon, disrupted and broken by technology and the internet. Public-interest journalism remains critical and essential in the effective governing of a country as seen in this pandemic. The timely release of accurate information, and rebuttal of falsehoods have helped to keep people calm and united in facing the crisis together.

But the funding of such journalism through advertising revenues is no longer a viable option as the print media especially, is no match for tech giants for advertising dollars. Other solutions have to be found.

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Mufti Singapore Dr Nazirudin Exchange Letters with PM Lee Hsien Loong on Tudung Matters

Mufti Nazirudin welcomes the likely shift in policy on nurses wearing the tudung with their uniform and expressed deep appreciation of the opportunity to continuously provide feedback on many national issues including the tudung. In his reply, PM Lee thank the Mufti and MUIS for their support in Government's deliberations on the matter and said that change has to be carefully considered and gradual so that when it comes, it is understood by all communities and thus strengthen, rather than weaken, our social cohesion.

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tudung issues in Singapore

It is irresponsible of the Workers' Party Faisal Manap to raise the issue in Parliament.

His approach is divisive and clearly political. It's meant to stir the angst of people. One must remember that Faisal also famously declared in Parliament that politics and religion cannot be separated. Just imagine if believers of every other religion adopt the same stand in Parliament and freely mix politics with religion on every occasion.

This precarious harmony that we have so diligently and conscientiously built, that is the envy of the world, will be fragmented in no time.

While discussions behind closed doors had been ongoing for many years, Faisal chose to raise it in Parliament to score political points and claim credits when change has in fact evolved.

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