Total Government Funding to SPH Media Trust in FY2024

7 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.