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BusinessMirror

http://www.businessmirror.com.ph/

One of the Philippines’ leading business papers, BusinessMirror was founded in 2005 by late businessman Antonio Cabangon-Chua.

The paper has a tabloid counterpart, Pilipino Mirror, written in Taglish or a combination of Tagalog or Pilipino and English. It also publishes online at businessmirror.com.ph.

In 2014, the paper entered into a content-sharing partnership with media giant ABS-CBN, which published the paper’s content in print, online and television.

Cabangon-Chua, who had a brief stint as Philippine ambassador to Laos from 2011 to 2015, owns 64 percent of Philippine Business Daily Mirror, Inc., the company that runs the paper. Meanwhile, publisher T. Anthony Cabangon, owns 7 percent while holding company Two Arja-AHI Corporation has 29 percent shares.

Aside from BusinessMirror, Cabangon-Chua also has shares in media companies Solar Entertainment Corporation and Aliw Broadcasting Corporation. His other business interests include real estate and insurance.

Key facts

Audience Share

0.02

Ownership Type

private

Geographic Coverage

National

Content Type

paid content

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

2 ♥
Ownership

Ownership Structure

The Philippine Business Daily Mirror Incorporated is owned by the late Antonio Cabangon-Chua.

Individual Owner

Group / Individual Owner

Two Arja-Ahi Corporation

Two Arja-Ahi Corporation is a holding company owned by Cristina S. Chua, Chris Dominador S. Marquez, Julius Ceasar S. Reyes, Rowena G. Lumague- Vergel de Dios and Aida Anora.

29%
Facts

General Information

Founding Year

2005

Founder

Antonio L. Cabangon Chua

Affiliated Interests Founder

Antonio Cabangon-Chua was a former ambassador turned businessman. He was also the chairman of Nine Media Corporation which operates TV channel CNN Philippines.

Ceo

Benjamin V. Ramos, President

Affiliated Interests Ceo

Benjamin Ramos is also the president of Citystate Savings Bank and Eternal Gardens Memorial Park, which are both under Cabangon-Chua's ALC Group.

Editor-In-Chief

Jun Vallecera

Affiliated Interests Editor-In-Chief

Vallecera was a business reporter of The Daily Tribune for five years before his stint in BusinessMirror in 2005.

Contact

Dominga Bldg. III 2113 Chino Roces cor. dela Rosa Streets, Makati CityTelephone Number: +632-817-9467businessmirror.com.ph

Financial Information

Revenue (in Mill. $)

1.39 Mil $ / 65.2 Mil P

Operating Profit (in Mill. $)

-0.22 Mil $ / -10.2 Mil P

Advertising (in % of total funding)

Missing Data

Market Share

Missing Data

Further Information

Meta Data

Conversion rate on Dec. 31, 2015: P 46.85
Audience share from Nielsen's Consumer and Media View (Jan.-June 2016)

Sources

Financial Statement of Philippine Business Daily Mirror, Inc. (available upon request at SEC) (2015), Securities and Exchange Commission (SEC)

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