The New Standard (Philippine newspaper)
Front page dated February 23, 2015
|Owner(s)||MST Management, Inc. (Kamahalan Publishing Corporation)|
|Founded||1987 (Manila Standard)
2005 (Manila Standard Today, merged)
2015 (The New Standard)
|Political alignment||Partisan, independent|
The New Standard is a minority broadsheet newspaper in the Philippines. It is owned by the Romualdez family. Romualdezes also owns Journal Publications, Inc., the proprietor of the People's Journal, a tabloid newspaper.
Initially established as the Manila Standard, it merged with another newspaper of record, Today, on March 6, 2005 and became Manila Standard Today or MST. The news organization maintains its quality to be one of the trusted news sources in the Philippines.
The New Standard's business and editorial offices are located at the 2nd floor of the PJI Building, Railroad cor. 20th Sts., Port Area, City of Manila.
The Manila Standard was founded on February 11, 1987 when the conglomerate owned by the family of Spanish-Filipino businessman Manuel Elizalde established the publishing company Standard Publications Inc.
In 1989, the group of companies owned by Andres Soriano III bought out the Elizalde group and renamed the company Kagitingan Publications.
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 reigns 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.
as The New Standard
On November 20, 2014, in a grand launch held at the New World Hotel Makati and visited by the diplomatic corps and government officials, MST was relanched to the public as The New Standard.
TNS's tallboy broadsheet format is similar to New York Post and the format is bigger than tabloids and smaller than newspapers with pictures as the main inset of the front page. The new format first implemented in the weekend issues before the full makeover happened in the weekday issues since February 23, 2015, in time for the 28th anniversary of the newspaper itself.
It also launched The Social Standard, a news opinion-based web portal, aside for the online version of TNS.
- Dela Pena, Zinnia (16 April 2010). "Razon sells Manila Standard Today to Romualdez group". Philstar.com. Retrieved 6 May 2014.
- Ronnel Domingo (November 20, 2014). "Manila Standard Today to be relaunched as The New Standard". Philippine Daily Inquirer. Retrieved February 23, 2015.