The New Standard (Philippine newspaper)
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The July 9, 2005 front page of the Manila Standard Today
|Type||News website, Newspaper|
|Owner(s)||Kamahalan Publishing Corporation|
The Manila Standard Today (MST) is a news website and one of the largest broadsheet newspapers in the Philippines. Initially established as the Manila Standard, it merged with another newspaper of record, Today, on March 6, 2005. The news organization maintains its quality to be one of the trusted news sources in the Philippines.
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 the family of 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 Manila Standard Today.
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.
- Dela Pena, Zinnia (16 April 2010). "Razon sells Manila Standard Today to Romualdez group". Philstar.com. Retrieved 6 May 2014.