SINGAPORE - The company behind news website Mothership.sg said that it will register with the Media Development Authority (MDA), which will prohibit it from receiving foreign funding.
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Here is the full statement from The Mothership.sg team:
"We refer to the statement by the Media Development Authority (MDA) on March 27 regarding Project Fisher-men Ltd, the social enterprise that operates Mothership.sg.
Mothership.sg is an independent news and lifestyle website with a sharp focus on local current affairs.
The concern that foreign funding or any form of foreign influence impinging on our site's activities, integrity or operations has never been an issue. The core team behind Mothership.sg are Singaporeans who care deeply about issues that affect our country and Singaporeans. It is also our policy to post the identities of our editors and writers on our website.
In the interest of our readers and after speaking to our stakeholders, the Mothership.sg team has decided that we will clarify our position regarding our registration with MDA as soon as possible.
We will accede to MDA's request to register under Section 9 of the Broadcasting Act, and to comply with all laws, rules, regulations and codes of practice that have been put in place to regulate broadcasting in Singapore.
Since we started operations 7 months ago, we were fortunate to receive much support from the local online community. In the month of March 2014, one in five Singaporeans visited our site.
We hope that our compliance will allow us to continue to serve the Singapore community, without fear or favour. We also hope that this move will bring us a step closer to obtaining full accreditation as a media in Singapore and help in our effort to become a viable and sustainable enterprise."