Ongpin - updates

Rappler's latest stories on Ongpin

ARTICLE FINDER

Rappler multimedia reporter joins panel at 2018 Jaime V. Ongpin Seminar

Aug 27, 2018 - 6:13 PM

Rappler regional correspondent Natashya Gutierrez will discuss coverage issues with Nestor Burgos (Inquirer), Gerg Cahiles (CNN Philippines), Jeff Canoy (ABS-CBN News), Camille Diola (Philstar.com), and Karol Ilagan (PCIJ) on August 30

CA affirms decision clearing Roberto Ongpin of insider trading

Aug 02, 2018 - 10:27 PM

The five-page resolution of the Court of Appeals denies a motion for reconsideration filed by the Securities and Exchange Commission's (SEC) Enforcement and Investor Protection Department

ROBERTO ONGPIN. The Court of Appeals affirms an earlier decision clearing Roberto Ongpin of insider trading. Rappler File photo

If you think love is (supply image), how will you love?

Jul 22, 2018 - 11:00 AM

Humans shake things up – not only when we act. It could start with how we think about something.

Henry Sy still leads Filipinos on Forbes' 2018 billionaires list

Mar 07, 2018 - 9:55 AM

The number of Filipinos on the list drops from 14 last year to 12 this year, but their combined net worth increases from $45.8 billion to $55.2 billion

WATCH: The Pinoy dragon

Feb 17, 2018 - 2:47 PM

Every Chinese New Year, a makeshift dragon makes its way through Ongpin Street

Duterte on martial law extension, Dela Rosa on Carpio, Ongpin case | Evening wRap

Dec 12, 2017 - 6:58 PM

Watch the evening newscast with Marguerite de Leon

CA clears Roberto Ongpin of insider trading

Dec 12, 2017 - 2:45 PM

The decision reverses a July 2016 Securities and Exchange Commission ruling which barred Ongpin from joining the board of any listed firm and fined him P174 million

Sanofi on Dengvaxia, CA on Ongpin case, New York subway attack | Midday wRap

Dec 12, 2017 - 1:42 PM

Watch the midday newcast with Mara Cepeda

PhilWeb to resume gaming operations after getting Pagcor license

Oct 31, 2017 - 7:45 PM

The e-gaming firm expects to return to profitability by 2018

In a time of 'pervasive' violence, build 'caring communities' for children

Oct 26, 2017 - 12:10 PM

Clinical psychologist Maria Lourdes Carandang says parents should be good role models to their kids to counter what is happening in Philippine society today

'PLIGHT OF CHILDREN.' Clinical psychologist Lourdes Carandang delivers her lecture at the Ateneo Professional Schools on October 25. Photo by Mara Cepeda/Rappler

Want to be on Duterte’s good side? Be pro-poor, aide tells businessmen

Oct 11, 2017 - 6:18 PM

'If big business will not help the poor, definitely the President will be against that establishment,' Presidential Adviser on Entrepreneurship Joey Concepcion tells business executives

ANTI SELF-SERVING FIRMS. A year into power, the Philippine president's tirades against select big business have caused tremors. Rappler file photo

Wealth of 50 Filipinos account for 24% of PH's 2016 GDP

Aug 24, 2017 - 3:10 PM

4th UPDATE Henry Sy Sr tops Forbes Philippines rich list in 2017 for a decade now but younger and self made tycoons are gaining ground

STILL RICHEST. Henry Sy Sr (extreme right) with wife Felicidad Sy (woman in glasses in the middle) and son Hans Sy (beside Felicidad) during SM grou's 2017 stockholders' meeting. Photo by Rob Reyes/Rappler

Big business winners, losers in Duterte's 1st year

Jul 24, 2017 - 5:03 PM

The stock price of Dennis Uy s Phoenix Petroleum increased about 92 from July last year while Ongpin associated Philweb s stock price fell 46 3

FIREBRAND. Though President Rodrigo Duterte has for the most part left businessmen on their own, his tirades against select businessmen have brought about  tremors at the Philippine Stock Exchange.

Could Duterte's approach to China ultimately make Ongpin richer?

May 17, 2017 - 1:00 PM

It s no secret President Rodrigo Duterte dislikes tycoon Roberto Ongpin But Duterte s friendly approach toward China may be the key Ongpin has long been waiting for to unlock a natural gas windfall in the South China Sea

Road rage suspect, richest Filipinos, Comey | Midday wRap

Mar 21, 2017 - 12:04 PM

Watch the midday newscast with Ana Arceo

Record number of Filipinos among 'richest people on the planet'

Mar 21, 2017 - 8:03 AM

Joining the 14 Filipinos who are dollar billionaires in 2017 are Ramon Ang Injap Sia Eduardo Cojuangco and Roberto Ongpin

Rodrigo Duterte, Alibaba, Nokia vs Apple | Evening wRap

Dec 22, 2016 - 10:36 PM

Watch Rappler s evening newscast with David Lozada

PhilWeb's new chief Araneta asks Pagcor to renew license

Oct 12, 2016 - 8:05 PM

This comes after embattled businessman Roberto Ongpin sold his entire 53 76 stake in PhilWeb to Gregorio Greggy Ma Araneta III for a discounted price of P2 60 per share

EXHAUSTING ALL MEANS. PhilWeb has been exhausting all means for Philippine Amusement and Gaming Corporation (PAGCOR) to renew its license to operate e-Games cafes.

Businessmen for Duterte, Dick Gordon, Nobel Prize | 6PM wRap

Oct 05, 2016 - 11:48 PM

Watch the 6PM wRap with Paterno Esmaquel

Ongpin sells PhilWeb shares to Greggy Araneta

Oct 05, 2016 - 7:33 PM

Gregorio Greggy Araneta III son in law of the late President Ferdinand Marcos will be the new chairman of PhilWeb Corporation

RENEW. With the divestment of Ongpin, the new management of PhilWeb will apply anew for the renewal of its license with PAGCOR to operate eGames cafes

Ongpin renews auction of his PhilWeb shares

Sep 05, 2016 - 3:07 PM

The businessman says he will donate P1 billion of the proceeds to the government s drug rehabilitation program

'FIRM BELIEVER.' 'I am a firm believer in the President's drive against the drug menace,' says embattled Roberto Ongpin. Photo by Chrisee Dela Paz/Rappler

Ongpin hits SolGen for new evidence on insider trading case

Sep 01, 2016 - 7:30 PM

It shows that their evidence in the first place were lacking and did not warrant certainly imposing a fine on Mr Ongpin of P174 million the businessman s lawyer argues

BATTLE LINES. SEC is working with OSG to 'strongly oppose' Ongpin's petition to stop them from imposing fines and penalties against him involving insider trading of Philex Mining Corporation shares back in 2009. Photo by Chrisee Dela Paz/Rappler

PhilWeb plans to revive mobile lotto gaming

Aug 24, 2016 - 8:10 PM

After not renewing PhilWeb s online gaming license PAGCOR will look into the firm s mobile lottery proposal and review its terms

FIGHT VS ONLINE GAMING. The fight against online gaming comes after President Duterte publicly named Ongpin (L) as one of the oligarchs he wants to destroy. Domingo's photo (R) from PAGCOR website

Ongpin offers PAGCOR his P20B PhilWeb shares for drug rehab

Aug 21, 2016 - 8:02 AM

In an amended proposal to PAGCOR Ongpin says – for the 3rd time – that this is his last attempt to save PhilWeb Corporation and its employees

'FIRM BELIEVER.' 'I am a firm believer in the President [Rodrigo Duterte]'s drive against the drug menace,' embattled Roberto Ongpin says. Photo by Chrisee Dela Paz/Rappler

PAGCOR rejects Ongpin's offer to donate PhilWeb shares

Aug 18, 2016 - 3:40 PM

UPDATED PAGCOR chief Andrea Domingo says President Rodrigo Duterte is against online and onsite gaming because these bring social ills

A FIGHT AGAINST ONLINE GAMING. Domingo's (R) response comes a day after Ongpin (L) offered to donate 49% of his entire 53.76% stake in PhilWeb to PAGCOR. Domingo's photo from PAGCOR website

Ongpin offers to donate bulk of his PhilWeb shares to PAGCOR

Aug 17, 2016 - 4:45 PM

Businessman Roberto Ongpin also plans to donate the remaining 4 76 to the Ateneo de Manila University JVO Scholarship Fund

MOOT AND ACADEMIC. Ongpin tells PAGCOR that he will no longer sell his PhilWeb shares through public bidding, declaring it as 'moot and academic.' Photo by Chrisee Dela Paz/Rappler

How to tame your oligarch

Aug 11, 2016 - 12:15 PM

There is only one true cure for oligarchy and the rule of a few – the advent of strong competition in both the market economy and the political sphere

Ongpin to sell his entire 53.76% stake in PhilWeb

Aug 10, 2016 - 6:15 PM

UPDATED This is his last attempt to save the firm after PAGCOR firms up its decision not to renew PhilWeb s contract

LAST ATTEMPT. In his last effort to save the firm, Roberto Ongpin sells entire stake in PhilWeb. Photo by Chrisee Dela Paz/Rappler

PhilWeb to close e-Games outlets despite Ongpin resignation

Aug 09, 2016 - 7:37 PM

UPDATED PhilWeb seeks a 10 day trading suspension after PAGCOR junked its appeal to renew its license which is set to expire on Wednesday August 10

POOR INVESTOR SENTIMENT. A day after PAGCOR said it won't renew its contract, PhilWeb shares plunged to their lowest level on the local bourse.

Hontiveros hits Duterte: You can't end oligarchy by honoring Marcos

Aug 09, 2016 - 2:18 PM

President Duterte cannot end the run of oligarchs in the country by honoring the very man who created a crony oligarchy during Martial Law says neophyte senator Risa Hontiveros

CONTRADICTION. Senator Risa Hontiveros hits President Rodrigo Duterte for his contradiction, saying he cannot end oligarchy by honoring its creator, former president Ferdinand Marcos.

PhilWeb reveals 'main reason' behind Ongpin resignation

Aug 07, 2016 - 10:25 PM

Roberto Ongpin tells the local bourse he resigned to focus on Alphaland real estate projects but PhilWeb president Dennis Valdes says it s more than that

POOR INVESTOR SENTIMENT. A day after Duterte tagged Ongpin as one of the oligarchs he want to destroy, shares of PhilWeb plunged to its lowest level on the local bourse

Roberto Ongpin resigns as PhilWeb chairman

Aug 04, 2016 - 4:55 PM

UPDATED His resignation comes on the heels of President Rodrigo Duterte s pronouncements to do away with oligarchs like Ongpin

TYCOON. President Rodrigo Duterte says he wants to 'destroy oligarchs' and names tycoon Roberto Ongpin as one of them. Photo by Mark Cristino/Rappler

Duterte on Ongpin, war on drugs, Pacquiao | 12PM wRap

Aug 04, 2016 - 11:59 AM

Watch Rappler s 12PM newscast with Maria Ressa

Duterte tags Roberto Ongpin as 'oligarch' he wants to destroy

Aug 03, 2016 - 9:50 PM

President Rodrigo Duterte implies tycoon Roberto Ongpin used his influence as a Marcos crony for his businesses

TYCOON. President Duterte says he wants to 'destroy oligarchs' and names tycoon Roberto Ongpin as one of them. Photo from Senate website

CA stops SEC order on Ongpin's insider trading case

Aug 02, 2016 - 1:40 PM

In issuing the TRO the Court of Appeals says the complex issues and circumstances surrounding the case present an urgent and paramount necessity to prevent serious damage on businessman Roberto Ongpin

CONTROVERSIAL. Businessman Roberto "Bobby" Ongpin is being accused of insider trading of Philex Mining shares in 2009. Photo by Agence France-Presse

Ongpin vows to appeal SEC ruling, slams 'cruel' penalties

Jul 24, 2016 - 11:55 PM

I thought that the persecution under the Aquino administration had ended but apparently the remaining minions of the past administration are still determined to get me says Roberto Ongpin

CONTROVERSIAL. Businessman Roberto "Bobby" Ongpin is being accused of insider trading of Philex Mining shares in 2009. Photo by Agence France-Presse

Ongpin barred from listed firms, fined P174M for insider trading

Jul 22, 2016 - 7:27 PM

The Securities and Exchange Commission also orders Roberto Ongpin to resign from all listed companies he is holding positions – which include PhilWeb and Atok Big Wedge

CONTROVERSIAL. Businessman Roberto "Bobby" Ongpin is being accused of insider trading of Philex Mining shares in 2009. Photo by Agence France-Presse

Ongpin's PhilWeb seeks 3-day trading suspension

Jul 04, 2016 - 5:56 PM

Share price of PhilWeb on Friday July 1 fell by as much as 22 13 on reports that President Rodrigo Duterte wants to stop online gambling

IN DANGER. The steep decline in PhilWeb's stock price would affect the company's plan to raise P6 billion through treasury shares sale. Photo by Aya Lowe/Rappler

Ongpin's PhilWeb to raise P6B for aggressive expansion

Jun 01, 2016 - 7:00 PM

Meanwhile Ongpin s property unit Alphaland says it is in talks with 3 foreign investors

7-11 OF GAMING. PhilWeb does not see Resorts World and Solaire as a threat. Photo by Aya Lowe/Rappler

No conflict of interest receiving wedding sponsors' gifts – Escudero

Feb 06, 2016 - 9:48 AM

The senator reveals his posh wedding was sponsored by Alphaland s Bobby Ongpin owner of the members only Balesin resort

TOAST. Senator Francis Escudero and actress Heart Evangelista celebrate a star-studded wedding reception in Manila. File photo by LeAnne Jazul/Rappler

Sale of Meralco shares didn't happen – Landbank

Sep 28, 2015 - 3:20 PM

There is no violation of the Anti Graft Law since the block sale of the bank s Meralco shares did not materialize Landbank says

NO BASIS. "There is no basis for a criminal indictment or administrative sanction against former members of the LBP board of directors, including some incumbent bank officers," the Landbank of the Philippines statement reads.

Ex-Landbank, SSS execs face graft charges over Meralco deal

Sep 24, 2015 - 6:49 PM

The deal involved the block sale of SSS Meralco shares for P5 669 billion to Global 5000 a company identified with businessman Roberto V Ongpin

San Miguel in talks with AU's Telstra for wireless partnership

Aug 28, 2015 - 4:50 PM

The discussions have reached a point wherein financing is being sought in relation to a joint venture but nothing is certain yet

NOT IN A RUSH. San Miguel chief Ramon Ang says his firm is not in a hurry to get a new partner for subsidiary Liberty Telecoms

Is Chiz Escudero weighing down Grace Poe's chances in 2016?

Aug 18, 2015 - 10:00 AM

Brian Llamanzares Senator Grace Poe s son says his mother has proven that she keeps her friends close but keeps the people’s interest closer

Senators Grace Poe and Chiz Escudero. Photo by Mark Cristino/Rappler Photo by Mark Cristino/Rappler

Kim Henares: Binay ally evaded taxes

Mar 12, 2015 - 2:55 PM

BIR chief Kim Henares says Alphaland president Mario Oreta should have paid income tax for the 5 he supposedly got from the BSP Alphaland deal

TAX EVASION? BIR Commissioner Kim Henares says Alphaland President Mario Oreta may be liable for tax evasion. Photo by Mark Cristino/Rappler

How can a 2nd 'poorest' senator afford a Balesin wedding?

Feb 22, 2015 - 8:30 AM

The lavish wedding of Senator Chiz Escudero and actress Heart Evangelista raises some questions about propriety

Photo by Leanne Jazul/Rappler

MILF returns weapons, Binay allies, Tubbataha damage | The wRap

Feb 18, 2015 - 8:03 PM

MILF returns 16 firearms seized from the SAF Senators say the Vice President’s allies may be liable for money laundering The United States pays the Philippines for Tubbataha reef damages

Binay ally ‘making excuses,’ won’t open bank accounts

Feb 18, 2015 - 6:05 PM

Senators say Mario Oreta can be held liable for money laundering tax evasion and fraud over money that he denies was used in the Vice President s campaign

VP’S DUMMY? Alphaland president Mario Oreta, who is accused of using his company to hide Vice President Jejomar Binay’s alleged 5% kickback from a land deal, faces a Senate investigation. Photo by Mark Cristino/Rappler

Alphaland, Bobby Ongpin sue Ernesto Mercado

Jan 27, 2015 - 5:39 PM

Alphaland says it is determined to ensure that Mercado will suffer the strongest penalties provided by law for making malicious and baseless accusations

SUED. Alphaland and its Chairman Bobby Ongpin sue former Makati vice mayor Ernesto Mercado (in photo) after it accused the company of giving Vice President Jejomar Binay kickbacks from a land deal. Photo by Mark Cristino/Rappler Mark Cristino

Disaster management chief says agency needs overhaul

Nov 05, 2014 - 9:52 PM

Undersecretary Alexander Pama acknowledges his agency needs a boost in capacity capability and credibility but stresses that disaster preparedness is also the business of every Filipino

NEW PRIORITY. President Benigno S. Aquino III leads the discussion on climate change during the meeting with his cabinet cluster, August 6, 2014. Photo from Malacanang