Manila Standard is a broadsheet newspaper in the Philippines. It is currently owned by the Romualdez family. The Romualdezes, thru former congressman Martin Romualdez, also owns 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 of record, Today, on March 6, 2005 and became the Manila Standard Today (MST). In 2015, the newspaper rebranded itself as The Standard (temporarily The New Standard), but it was rebranded back to the original name in 2016. The news organization maintains its quality to be one of the trusted news sources in the Philippines.
The Standard's business and editorial offices are located at the 6th floor of the Universal Re Building, 106 Paseo de Roxas Avenue cor. Perea Street, Legaspi Village, Makati City.
Rod Reyes, one of the newspaper columnists during the dark era and once manned the operations of GMA Radio Television Arts, planned to put up a newspaper that time, he then invited the family of Spanish-Filipino businessman Manuel Elizalde to be the owners of this new-fledging broadsheet, initially named as Manila Standard and with 19 pages on the first issue, this was founded in February 11, 1987, the offices where then located at the bustling Ayala Avenue in the Makati CBD.
In 1989, the group of companies owned by Andres Soriano III bought out the Elizalde group and renamed the company Kagitingan Publications, and relocated the offices in the Port Area, Manila.
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 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 (temporary name for a few weeks) and renamed as The Standard in time of the 28th anniversary in March 2015.
The Standard'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. It also launched The Social Standard, a news opinion-based web portal, aside for the online version of TNS and Standard Talks, a political/socio-economical forum-based discussion seened online.
TS were recently named as the Newspaper of the Year in the 2015 Rotary Club of Manila Journalism Awards due to balanced and crucial reporting on current issues, including the exposed story on the involvement of Wang Bo, a Chinese drug lord as the primary suspect in the BBL payola scam.
On July 25, 2016, the paper reverted back to its broadsheet format, and it was renamed as Manila Standard, the newspaper's original brand name.