Total Government Funding to SPH Media Trust in FY2024

Ms Hazel Poa asked the Minister for Digital Development and Information to date, what is the total funding provided by the Government to SPH Media Trust in FY2024.

Mrs Josephine Teo: The Ministry of Digital Development and Information has provided $260.6 million to SPH Media Trust in FY2024, in line with the current funding agreement. In addition, we have budgeted for $28.9 million of Performance Linked Incentives, which can be disbursed to SPH Media Trust, subject to them meeting the key performance indicators under the current funding agreement.