Malaya publisher Jake Macasaet dies at 81

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Malaya Business Insight Publisher Amado "Jake" Macasaet | Photo courtesy of Philippine Center for Investigative Journalism

Metro Manila (CNN Philippines, January 7) — Malaya Business Insight publisher Amado "Jake" Macasaet died on Sunday.

He was 81.

Macasaet passed away at 8:35 a.m., surrounded by family, his wife Karen said on Facebook. She said today's wake will be reserved for immediate family.

"We thank you in advance for understanding our desire to spend the day with Papa. We will announce the schedule of his wake in Heritage Park, Fort Bonifacio immediately," his wife added.

Veteran journalist and Malaya columnist Ellen Tordesillas said Macasaet was different from other newspaper publishers who are simply businessmen.

"Jake Macasaet was a journalist, first and foremost. That made a lot of difference," Tordesillas told CNN Philippines.

"There were instances in my coverage when officials complained about my reports and pressured him to take me out of the beat. Jake stood by me and refused interference from others on how he runs the newspaper. All that he wanted from us was accuracy in our reporting. Nothing else," she added.

Aside from heading Malaya, Macasaet was also the chairman emeritus of newspaper association Philippine Press Institute.