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New Straits Times
The New Straits Times is an English-language newspaper published in Malaysia. It is Malaysia's oldest newspaper still in print (though not the first), having been founded as a local offshoot of Singapore-based The Straits Times on 15 July 1845. It was renamed as the New Straits Times on 13 August 1974. Its sister newspaper, the New Sunday Times, has been in circulation since at least 1968.
The paper served as Malaysia's only broadsheet format English-language newspaper; however, following the example of British newspapers The Times and The Independent, a tabloid version first rolled off the presses on 1 September 2004 and since 18 April 2005, the newspaper has been published only in tabloid size, ending a 160-year-old tradition of broadsheet publication. The New Straits Times currently retails at RM1.50 (~37 US cents) in Peninsular Malaysia.
As of 2 January 2019, the group editor of the newspaper is Rashid Yusof. In 2020, the paper was listed as the 5th most trusted in a Reuters Institute survey of 14 Malaysian media outlets. The New Straits Times is considered a newspaper of record for Malaysia.
The Straits Times was started in Singapore by Armenian merchant Marterus Thaddeus Apcar who had already hired an editor and purchased printing equipment from England; the editor's untimely death would forced him to sell all his printing equipment due to bankruptcy.
The buyer Catchick Moses, also an Armenian, established the American Sarkies and Moses Company and hired Robert Carr Woods as editor; it single-handedly edited and published its first issue on 15 July 1845. The paper was launched as an eight-page weekly, published at 7 Commercial Square using a hand-operated press. Woods acquired the paper as owner in 1858, also turned into an afternoon daily merging with Singapore Journal of Commerce and changing its name to the Daily Times. The name change was subsequently reverted in 1883.
Singapore's separation from the Federation of Malaysia in 1965 made it untenable for The Straits Times to be headquartered in Kuala Lumpur. The impetus for relocation of the newspaper's headquarters to Singapore came from the Malaysian government, who found it unacceptable that The Straits Times and its subsidiaries, which had widespread circulation and influence in Malaysia, had nearly 70 percent of its equity capital owned in Singapore.[citation needed]
In 1973, Simmons, then chairman of the Straits Times Group, announced a restructure of the group. This resulted in the formation of two companies: the New Straits Times, which would be a Malaysian publicly owned company; and the Straits Times Press (Singapore), which would be responsible for the group's subsidiary companies in Singapore and abroad.
The Malay Mail Press Company Ltd. later became a public company and was renamed the New Straits Times Press (Malaya) Ltd. the same year. The New Straits Times Press (Malaya) Sdn Bhd. ceased to be the parent company of the New Straits Times (Malaysia) Sdn Bhd in October that year, when Fleet Holdings, an investment arm of United Malays National Organisation (UMNO) and helmed by Junus Sudin, took over operations. The newspaper name, which at the time remained The Straits Times, officially changed its name to The New Straits Times on 13 August 1974.
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New Straits Times
The New Straits Times is an English-language newspaper published in Malaysia. It is Malaysia's oldest newspaper still in print (though not the first), having been founded as a local offshoot of Singapore-based The Straits Times on 15 July 1845. It was renamed as the New Straits Times on 13 August 1974. Its sister newspaper, the New Sunday Times, has been in circulation since at least 1968.
The paper served as Malaysia's only broadsheet format English-language newspaper; however, following the example of British newspapers The Times and The Independent, a tabloid version first rolled off the presses on 1 September 2004 and since 18 April 2005, the newspaper has been published only in tabloid size, ending a 160-year-old tradition of broadsheet publication. The New Straits Times currently retails at RM1.50 (~37 US cents) in Peninsular Malaysia.
As of 2 January 2019, the group editor of the newspaper is Rashid Yusof. In 2020, the paper was listed as the 5th most trusted in a Reuters Institute survey of 14 Malaysian media outlets. The New Straits Times is considered a newspaper of record for Malaysia.
The Straits Times was started in Singapore by Armenian merchant Marterus Thaddeus Apcar who had already hired an editor and purchased printing equipment from England; the editor's untimely death would forced him to sell all his printing equipment due to bankruptcy.
The buyer Catchick Moses, also an Armenian, established the American Sarkies and Moses Company and hired Robert Carr Woods as editor; it single-handedly edited and published its first issue on 15 July 1845. The paper was launched as an eight-page weekly, published at 7 Commercial Square using a hand-operated press. Woods acquired the paper as owner in 1858, also turned into an afternoon daily merging with Singapore Journal of Commerce and changing its name to the Daily Times. The name change was subsequently reverted in 1883.
Singapore's separation from the Federation of Malaysia in 1965 made it untenable for The Straits Times to be headquartered in Kuala Lumpur. The impetus for relocation of the newspaper's headquarters to Singapore came from the Malaysian government, who found it unacceptable that The Straits Times and its subsidiaries, which had widespread circulation and influence in Malaysia, had nearly 70 percent of its equity capital owned in Singapore.[citation needed]
In 1973, Simmons, then chairman of the Straits Times Group, announced a restructure of the group. This resulted in the formation of two companies: the New Straits Times, which would be a Malaysian publicly owned company; and the Straits Times Press (Singapore), which would be responsible for the group's subsidiary companies in Singapore and abroad.
The Malay Mail Press Company Ltd. later became a public company and was renamed the New Straits Times Press (Malaya) Ltd. the same year. The New Straits Times Press (Malaya) Sdn Bhd. ceased to be the parent company of the New Straits Times (Malaysia) Sdn Bhd in October that year, when Fleet Holdings, an investment arm of United Malays National Organisation (UMNO) and helmed by Junus Sudin, took over operations. The newspaper name, which at the time remained The Straits Times, officially changed its name to The New Straits Times on 13 August 1974.