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SPH is facing the same problem as SMRT

In print this week

SPH is facing the same problem as SMRT

Goola Warden Published on Fri, Jun 23, 2017 / 4:04 PM GMT+8

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SINGAPORE (June 23): Singapore Press Holdings' (SPH) media business once generated reliable cash flows that it invested in other ventures, especially property development.

But the dynamics of the media and property businesses have changed dramatically in the last 15 years.

To be sure, SPH’s property business has already overtaken its media business as the group’s main source of earnings.