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Manila Standard
The Manila Standard is a broadsheet newspaper in the Philippines which, as of 2017, is owned by the Romualdez family. The Romualdezes, through incumbent Rep. Martin Romualdez, also own Journal Publications, Inc., the owner of tabloid papers People's Journal and People's Tonight.
Initially established as the Manila Standard in 1987, it merged with another newspaper, Today, on March 6, 2005, and became the Manila Standard Today (MST). In 2015, the newspaper renamed itself as The Standard (temporarily The New Standard), before reverting to its original name in 2016.
The Manila Standard was founded on February 11, 1987. The offices were then located at the bustling Ayala Avenue in the Makati CBD.
In 1989, the group of Andres Soriano III bought out the Elizalde group and renamed the company Kagitingan Publications and relocated the offices in the Port Area, Manila.[citation needed]
In June 1991, the group of businessman Alfonso Yuchengco bought into the company and spun off the publishing company. It was incorporated as Kamahalan Publishing Corporation. Kagitingan Publications was renamed Kagitingan Printing Press Inc., which continues to print the New Standard.
In 1997, businessman Enrique K. Razon Jr., chairman and president of the International Container Terminal Services Inc., acquired the shares of the Yuchengcos and bought out the Soriano group to become the sole owner of Kamahalan Publishing Corporation and Kagitingan Printing Press Inc.
Victor Agustin took over as chairman of the Editorial Board in 2008. Under his term, the company formally adopted an advocacy for the environment.
In 2010, just as the Aquino administration took the reins of power, ownership of the Manila Standard Today changed hands again. This time, the Razon group sold its interest to the Romualdez group as Razon established Bloomberry Resorts & Hotels Corporation, owner of the Solaire Resort & Casino.
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Manila Standard
The Manila Standard is a broadsheet newspaper in the Philippines which, as of 2017, is owned by the Romualdez family. The Romualdezes, through incumbent Rep. Martin Romualdez, also own Journal Publications, Inc., the owner of tabloid papers People's Journal and People's Tonight.
Initially established as the Manila Standard in 1987, it merged with another newspaper, Today, on March 6, 2005, and became the Manila Standard Today (MST). In 2015, the newspaper renamed itself as The Standard (temporarily The New Standard), before reverting to its original name in 2016.
The Manila Standard was founded on February 11, 1987. The offices were then located at the bustling Ayala Avenue in the Makati CBD.
In 1989, the group of Andres Soriano III bought out the Elizalde group and renamed the company Kagitingan Publications and relocated the offices in the Port Area, Manila.[citation needed]
In June 1991, the group of businessman Alfonso Yuchengco bought into the company and spun off the publishing company. It was incorporated as Kamahalan Publishing Corporation. Kagitingan Publications was renamed Kagitingan Printing Press Inc., which continues to print the New Standard.
In 1997, businessman Enrique K. Razon Jr., chairman and president of the International Container Terminal Services Inc., acquired the shares of the Yuchengcos and bought out the Soriano group to become the sole owner of Kamahalan Publishing Corporation and Kagitingan Printing Press Inc.
Victor Agustin took over as chairman of the Editorial Board in 2008. Under his term, the company formally adopted an advocacy for the environment.
In 2010, just as the Aquino administration took the reins of power, ownership of the Manila Standard Today changed hands again. This time, the Razon group sold its interest to the Romualdez group as Razon established Bloomberry Resorts & Hotels Corporation, owner of the Solaire Resort & Casino.