Manila Standard Today
Encyclopedia
The Manila Standard Today (MST) is the fourth-largest broadsheet
newspaper
in the Philippines
as of 2006. Initially established as the Manila Standard, it merged with another newspaper of record
, Today, on March 6, 2005. It was the first newspaper merger in the Philippines.
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.
In August 2007, a campaign to boycott the paper was launched by a number of Filipino bloggers in response to an article by one of its columnists, Malu Fernandez, whose article "From Boracay to Greece" (published June 2007 in People Asia) disparaged overseas Filipino workers
(OFWs), saying "I wanted to slash my wrist at the thought of being trapped in a plane with all of them". Fernandez issued an apology and resigned from the newspaper. She was later reinstated.
Broadsheet
Broadsheet is the largest of the various newspaper formats and is characterized by long vertical pages . The term derives from types of popular prints usually just of a single sheet, sold on the streets and containing various types of material, from ballads to political satire. The first broadsheet...
newspaper
Newspaper
A newspaper is a scheduled publication containing news of current events, informative articles, diverse features and advertising. It usually is printed on relatively inexpensive, low-grade paper such as newsprint. By 2007, there were 6580 daily newspapers in the world selling 395 million copies a...
in the Philippines
Philippines
The Philippines , officially known as the Republic of the Philippines , is a country in Southeast Asia in the western Pacific Ocean. To its north across the Luzon Strait lies Taiwan. West across the South China Sea sits Vietnam...
as of 2006. Initially established as the Manila Standard, it merged with another newspaper of record
Newspaper of record
Newspaper of record is a term that may refer either to any publicly available newspaper that has been authorized by a government to publish public or legal notices , or any major newspaper that has a large circulation and whose editorial and news-gathering functions are considered professional and...
, Today, on March 6, 2005. It was the first newspaper merger in the Philippines.
History
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
Alfonso Yuchengco
Alfonso T. Yuchengco is a prominent industrialist, certified public accountant, FEU alumnus, educator, and diplomat in the Philippines.He heads the Yuchengco Group of Companies, one of the largest family-owned business conglomerates in the Philippines. He is the Chairman of Rizal Commercial...
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.
International Container Terminal Services Inc.
International Container Terminal Services, Inc. is a port management company in the Philippines. It was incorporated on December 24, 1987 and has been cited by the Asian Development Bank as one of the top five major maritime terminal operators in the world.-History:ICTSI was established by...
, 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.
In August 2007, a campaign to boycott the paper was launched by a number of Filipino bloggers in response to an article by one of its columnists, Malu Fernandez, whose article "From Boracay to Greece" (published June 2007 in People Asia) disparaged overseas Filipino workers
Overseas Filipino
An Overseas Filipino is a person of Philippine origin who lives outside of the Philippines. This term applies both to people of Filipino ancestry who are citizens or residents of a different country and to those Filipino citizens abroad on a more temporary status.Most overseas Filipinos migrate to...
(OFWs), saying "I wanted to slash my wrist at the thought of being trapped in a plane with all of them". Fernandez issued an apology and resigned from the newspaper. She was later reinstated.