(L-R): William Adamopoulos, CEO/Asia, Forbes Media LLC; Lisa Gokongwei-Cheng, President, Summit Media; Cesar V. Purisima, Secretary of Finance; Christopher ‘Kip’ Forbes, Vice Chairman, Forbes Media LLC; Subject of Forbes Philippines’ cover story, Andrew Tan, Chairman, Alliance Global Group Inc.; Hans Sicat, President and CEO, Philippine Stock Exchange, and Roel R. Landingin, Editor-in-Chief, Forbes Philippines

MANILA AND SINGAPORE (May 5, 2015) – Forbes Philippines, a monthly magazine published in English for the Philippines’ leading CEOs and entrepreneurs, celebrates its inaugural launch today. Forbes Philippines is published under a licensing agreement between Forbes Media LLC and Summit Media.

William Adamopoulos, CEO/Asia of Forbes Media LLC says: “The launch of Forbes Philippines is an important milestone for Forbes’ expansion in the Asia Pacific region. It is also timely given the Philippines’ rising economic prospects and its fast-growing community of CEOs, entrepreneurs and investors.”

Lisa Gokongwei-Cheng, President of Summit Media says: “We are excited about the launch of Forbes Philippines, which will offer readers insights on success, entrepreneurship and leadership. Such valuable information will build the Philippines’ business culture and enable the economy and Philippine society to reach new heights.”

Forbes Philippines will offer feature articles on how entrepreneurs, business owners, executives, celebrities and philanthropists are making a difference. Forbes Philippines will also have access to Forbes stories from around the world, and will also feature local content from the Forbes Philippines editorial team.

The initial circulation of Forbes Philippines will be 10,000 per month. Forbes Media LLC also publishes Forbes Asia, its flagship magazine in the region, and under licensing partnerships, Forbes China, Forbes India, Forbes Indonesia, Forbes Japan, Forbes Korea, Forbes Mongolia, Forbes Thailand and Forbes Vietnam. Altogether, the Forbes brand in Asia has a circulation of some 500,000.