Balita
Balita is a daily Filipino tabloid published by the Manila Bulletin Publishing Corporation. Originally owned by Liwayway Publishing Inc., Balita was acquired by Manila Bulletin in 2005, along with other weekly vernacular magazines.
Audience Share
0.38
Ownership Type
private
Geographic Coverage
National
Content Type
paid content
Media Companies / Groups
Manila Bulletin Publishing Corporation
Ownership Structure
Manila Bulletin Publishing Corporation is a subsidiary of U.S. Automotive Company, Incorporated, with 54.19 percent ownership. Its other subsidiaries include Cocusphil Development Corporation, Euro-med Laboratories, Philtrust Realty Corporation, and U.N. Properties Realty Corporation. It also has 15 percent ownership in Centro Escolar University.
Group / Individual Owner
U.S. Automotive Co., Inc.
U.S. Automotive Co., Inc., owned by the Yap family, has Cocusphil Development Corp., Euro-med Laboratories, Manila Bulletin Publishing Corp., Philtrust Realty Corp. and U.N. Properties Development Corp. as its subsidiaries, while Centro Escolar University is an affiliate.
USAutoco, Inc.
Owned by the Yap family, USAutoco, Inc. also owns 90 percent of the shares of Manila Prince Hotel Corporation.
Menzi Trust Fund, Inc.
Coming Soon (Further research on Hans Menzi)
General Information
Founding Year
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Founder
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Ceo
Basilio C. Yap, Chairman
Affiliated Interests Ceo
He is currently the Chairman of the Board and President of U.S. Automotive Co., Inc., USAUTOCO, Inc., Philtrust Realty Corporation, Manila Prince Hotel, Cocusphil Development Corporation, U.N. Properties Development Corporation and Seebreeze Enterprises, Inc. Also, Mr. Yap is concurrently the Chairman of the Board of Centro Escolar University, Vice Chairman of Philtrust Bank, Director of Manila Hotel Corporation and Euro - Med Laboratories Philippines, Inc.
Editor-In-Chief
Crispulo J. Icban
Affiliated Interests Editor-In-Chief
Crispulo J. Icban, Jr. is one of the Directors of Manila Bulletin Publishing Corporation. He served as Press Secretary of former President Gloria Macapagal-Arroyo in 2010.
Other Important People
Former Supreme Court Chief Justice Hilario G. Davide Jr.
Former Secretary Alberto G. Romulo
Esperanza I. Cabral
Atty. Fe B. Barin Retired General Hermogenes Esperon
Affiliated Interests other important people
Former Supreme Court Chief Justice Davide is Vice Chairman and Independent Director of Manila Bulletin Publishing Corporation. He is also an Independent Director of the Philippine Trust Company (Philtrust Bank), and concurrently the Chairman of the Board of Trustees of the Knights of Columbus, Fraternal Association of the Philippines and a member of the Council of Elders of the Knights of Rizal.
Alberto G. Romulo was elected Vice Chairman and Independent Director of Manila Bulletin Publishing Corporation in 2011. Prior to that, he served as Minister of Budget of former President Corazon Aquino, was elected senator, and became the Finance secretary, Executive Secretary, and Foreign Affairs secretary during the Arroyo administration. He also served as Chairman of the Association of Southeast Asian Nations in 2007.
Esperanza I. Cabral is an Independent Director of Manila Bulletin Publishing Corporation. She was a former Secretary of Health, and of Social Welfare and Development.
Atty. Fe B. Barin is the Executive Vice President of the Manila Bulletin Publishing Corporation. She served as the Chairperson of the Securities and Exchange Commission and as a member of the Anti- Money Laundering Council. Prior to her appointment to the SEC, she served a member of the Monetary Board of the Bangko Sentral ng Pilipinas (BSP), and as the first Chairperson of the Energy Regulatory Commission. She is a member of the Women Lawyers’ Circle (WILOCI) and the Women Lawyers’ Association of the Philippines (WLAP), and the Board of Trustees and the Institute of Corporate Directors.
Retired General Hermogenes C. Esperon is the Executive Vice President- Security Department of Manila Bulletin Publishing Corporation. He was a former Chief of Staff of the Armed Forces of the Philippines, and was appointed by former President Gloria Macapagal Arroyo as the Presidential Adviser on Peace Process, and later on as Cabinet Secretary, Presidential Management Staff.
Contact
Telephone Number: +632-527-8121 Fax Number: +632-527-7511
Financial Information
Revenue (in Mill. $)
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Operating Profit (in Mill. $)
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Advertising (in % of total funding)
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Market Share
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Further Information
Headlines
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Meta Data
SEC documents are available for Manila Bulletin Publishing Corporation but with little information on Balita # Audience share from Nielsen's Consumer and Media View (Jan.-June 2016)
Sources
Manila Bulletin 2015 Annual Report
Manila Bulletin publishing Corporation SEC 17-!. 12-Q
2016. Securities and Exchange Commission (SEC). General Information Sheet of Manila Bulletin Publishing Corp. (available upon request at SEC).
