Singapore Press Holdings Media chairman-designate Khaw Boon Wan addresses reporters on Wednesday, 12 May 2021.
With authorities prepared to provide funding support for SMT, Khaw said at a media briefing, "It's a mixed bag of things and the discussion is coming along nicely, and I'm quite sure would be ready to make an announcement quite soon." Khaw suggested that metrics such as audience numbers and subscription numbers might be used as key performance indicators. However, he stressed that SMT will largely be funded through its own commercial revenue, and turning a profit will still be important.the editorial independence of SPH journalists is a "given"SMT was spun off from media giant Singapore Press Holdings last December, with SPH's media operations restructured and all its media assets transferred to SMT.
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