Business ads seize on SPH CEO Ng Yat Chung’s ‘umbrage’ comment

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Trust businesses to take “umbrage”, I mean advantage, of a good promotion opportunity when it arises. Singapore Press Holdings CEO Ng Yat Chung’s “take umbrage” comment at a news conference on Thursday (6 May) has propelled it into the hottest catchphrase in Singapore.

The Ministry of Health on Friday confirmed 25 new COVID-19 cases in Singapore, taking the country's total case count to 61,311.China semiconductor imports decline slightly in April, but global chip sales continue to boom

Semiconductor imports by China in April declined slightly from an all-time high last month, according to the latest figures released by the country’s customs authorities, as supply constraints continue to disrupt major industries around the globe. China imported 54.7 billion semiconductor units in April, worth US$33.1 billion, according to data released by the General Administration of Customs on Friday. It was a 7 per cent fall from the previous month, when the country imported 58.

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SPH to restructure media business into not-for-profit entity amid falling revenueSINGAPORE: Singapore Press Holdings (SPH) will transfer its media business into a not-for-profit entity amid the ongoing challenge of falling ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

SPH to restructure media business into not-for-profit entityFollowing more questions about maintaining editorial independence, SPH chief executive officer Ng Yat Chung appeared to lose his cool and said he took umbrage at such questions. Pointing to reporters present at the press conference, he said that their media outlets “receive substantial funding from various sources”, but they do not describe themselves as “bowing to the needs of advertisers in doing your job”. “(At) SPH, we always have advertising, but never pander to the needs of advertisers… The fact that you dare to question (the editorial independence) of SPH titles… I don't believe even where you come from, you concede in doing your job,” Mr Ng said.
Source: TODAYonline - 🏆 1. / 99 Read more »