SPH Media Trust (SMT), short for Singapore Press Holdings Media Trust, is a Singapore public company limited by guarantee in the media sector, formed through the spin off in July 2021 of Singapore Press Holdings (SPH) — the conglomerate formed in 1984 and running scores of newspapers and other media, including major dailies such as The Straits Times and Lianhe Zaobao. In February 2022, the government pledged nearly S$1 billion over a five-year period to support the digital modernization efforts of the group, which today is the parent entity of SPH Media Holdings Pte Ltd and SPH Media Limited, the latter being the company directly operating scores of media outlets in Singapore.