Singapore, 8 December 2011 - Singapore Press Holdings (SPH) donated more than $3 million towards various social and charitable causes this year. This includes an annual donation of $400,000 by SPH and SPH Foundation to the Community Chest of Singapore in August.
SPH's diverse and extensive corporate social responsibility programme includes giving to the charity, social organisations, arts, education, wildlife conservation and sports, among others.
Besides outright cash donations, SPH also gives back to the community in other ways. This includes the Boys’ Brigade Share-a-Gift programme. SPH management and staff adopted and fulfilled about 300 wishes for the programme, and donated non-perishable food items to the Boys' Brigade. The total value of the contributions was about $18,000. A Christmas party for more than 100 beneficiaries and their caregivers from Kampong Kapor Family Service Centre and the Singapore Children's Society was held at the SPH News Centre this morning.
Other SPH charitable events included the SPH Flea Market in aid of The Salvation Army, and the SPH Red Apple Day, a biannual blood donation drive with the Singapore Red Cross.
SPH's various products also helped to raise funds for different causes:
- The Straits Times School Pocket Money Fund raised monthly quantum for beneficiaries from July 2011 to help them cope with inflation. Some 11,000 primary and secondary school students from low-income families will get more financial help from The Straits Times School Pocket Money Fund (SPMF) for school-related expenses from July 2011. Primary and secondary school students will each get $10 more a month - from the current $45 and $80 respectively - to help them cope with rising inflation. As of October 2011, The Straits Times School Pocket Money Fund has raised $5.69 million for needy students this year.
- The New Paper (TNP) partnered the Lions Befrienders Service Association and Ngee Ann Polytechnic in Project Helping Hands to raise funds for 1,000 elderly who are living alone. The project involves installing wireless motion sensors in the apartments of these elderly citizens. The system tracks the resident's movements and sends an SMS to a caregiver or volunteer if it detects unusually long motionless periods. As of today, about $792,000 of the $1 million target has been collected.
- The Chinese Newspapers Division gave out $50,000 worth of book vouchers sponsored by Kwan Im Thong Hood Cho Temple to needy students at the Singapore Book Fair 2011. It also raised about $121,000 for the President Challenge 2011 through a dance drama titled "Thousand Hand Bodhisattva" from 16 to 18 June 2011.
In addition, the ChildAid concert organised by The Straits Times and The Business Times will be running from today to 10 December at the University Cultural Centre, National University of Singapore. Into its seventh year, this year's ChildAid concert targets to raise at least $1.7 million for The Straits Times School Pocket Money Fund and The Business Times Budding Artists Fund.
Mr Alan Chan, CEO of SPH, said: “Besides supporting worthy causes, we also encourage our staff to initiate or participate in various charity events. Through these combined efforts, we hope to inspire more people to come forward and make a difference in someone's life.”
For its extensive corporate social responsibility efforts, SPH was honoured with the President's Social Service Award (PSSA) in August 2011.
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About Singapore Press Holdings Ltd
Incorporated in 1984, main board-listed Singapore Press Holdings Ltd (SPH) is Southeast Asia’s leading media organisation, engaging minds and enriching lives across multiple languages and platforms.
Newspapers, Magazines and Book Publishing
In Singapore, SPH publishes 18 newspaper titles in four languages. Every day, 3 million individuals or 77 per cent of people above 15 years old, read one of SPH's news publications. SPH also publishes and produces more than 100 magazine titles in Singapore and the region, covering a broad range of interests from lifestyle to information technology. SPH's subsidiaries, Straits Times Press and Focus Publishing, produce quality books and periodicals in English and Chinese.
Internet and Mobile
Beyond print, the Internet editions of SPH newspapers enjoy over 265 million page views with 18 million unique visitors every month. Apart from SPH AsiaOne portal, SPH's online and new media initiatives include an online marketplace for products, services and employment, ST701; Stomp, omy.sg, and The Straits Times RazorTV. SPH also launched The Straits Times’ iPad and enhanced iPhone applications, and The Business Times Weekend's iPad application.
SPH has a 20 per cent stake in MediaCorp TV Holdings Pte Ltd, which operates free-to-air channels 5, 8 and U, and a 40 per cent stake in MediaCorp Press Limited, which publishes the free newspaper, Today. In the radio business, SPH has an 80 per cent stake in SPH UnionWorks Pte Ltd, which operates entertainment stations Radio 100.3 in Chinese and 91.3FM in English.
Events and Out-of-Home Advertising
SPH’s events subsidiary Sphere Exhibits organises innovative consumer and trade events and exhibitions. In addition, SPH has ventured into out-of-home (OOH) advertising through its wholly-owned subsidiary, SPH MediaBoxOffice Pte Ltd, Singapore’s leading Digital Out-of-Home advertising company.
SPH owns and manages Paragon, the prime retail and office complex in the heart of Orchard Road, Singapore's main shopping belt. Its latest retail development, The Clementi Mall, started business operations in 2011. SPH's wholly-owned subsidiary, Times Development Pte Ltd, has also developed a 43-storey upmarket residential condominium, Sky@eleven, at Thomson Road.