SINGAPORE (Oct 17): Singapore Press Holdings (SPH) is looking to cut 5% of staff from its media group as print revenue continues to slide. Following a review of its media business, SPH says it will be restructuring and streamlining its media and magazines operations.

The exercise is expected to be completed in 1Q20, and is estimated to incur retrenchment costs of around S$8 million.

SPH saw its full-year earnings drop 23.4% y-o-y to...(click on link for full story on theedgesingapore.com)