SG Digest: SPH to turn media unit as not-for-profit entity; EDB's new initiative

SG Digest: SPH to turn media unit as not-for-profit entity; EDB's new initiative

Singapore. Photo by Andrew Kow on Unsplash

Singapore Press Holdings will transfer its entire media-related businesses to a newly incorporated subsidiary while the Economic Development Board has launched a S$10 million plan to help companies venture into new growth areas.