According to Joe Conceicao, a former member of parliament of Singapore, the newspaper reflected the Chinese entrepreneurial interests.

[13] In the eve of the 1959 Singaporean general election, former Singapore Standard and The Straits Times editor S. Rajaratnam, then a politician of People's Action Party (PAP), attacked Singapore Standard as ‘less intelligent’ and ‘anti-Merdeka’ [anti-independence] in April 1959.

On 31 July 1959, shortly after the PAP gained power, the Aw family decided to close down the newspaper, without announcing a reason for doing so.

The Singapore Trades Union Congress (now NTUC) did not believe the company faced financial difficulties, and requested liquidation to pay staff.

[1][19] The masthead of the newspaper featured the name Singapore Standard, as well as the Tiger trademark of Aw Boon Haw's Eng Aun Tong in between the two words, making the common name of the newspaper Singapore Tiger Standard.