Ramon Ang
ARTICLE FINDER

Foreign firms eyeing piece of San Miguel's food, beverage unit

Nov 22, 2017 - 5:10 PM

This is amid the San Miguel subsidiary's plan to sell up to 30% of its shares, earmarked at $3 billion, mainly through private placements

SHARE SALE. 'There are several big, foreign companies that are offering. We think we will sell 30% of our traditional business. That's around $3 billion,' Ramon Ang told reporters. Photo by Martin San Diego/Rappler

San Miguel buys Australian firm Best Bottlers

Nov 07, 2017 - 7:45 PM

Best Bottlers is the 3rd Australian bottler acquired by San Miguel, after Barossa Bottling and Portavin

Background image from Best Bottlers' official website

San Miguel awaits gov't OK for 3-year toll road network expansion

Nov 01, 2017 - 5:13 PM

SMC will expand and extend SLEX, the Skyway system, the NAIA Expressway, and the Southern Tagalog Arterial Road in a bid to decongest traditional chokepoints

MASSIVE EXPANSION. San Miguel's massive toll road expansion plan is seen to decongest chokepoints, like the Alabang viaduct, the Sucat and Bicutan interchanges, Magallanes, the C5 entrance and exit to SLEX, as well as the NAIAX entry to Skyway. Photos from Skyway official website and Wikipedia

Petron to file corruption charges vs PNOC president

Oct 29, 2017 - 11:10 PM

The listed oil refiner is already locked in a legal battle with the state-run Philippine National Oil Company over a contract dispute

IMPACT ON INVESTORS. Petron chief Ramon Ang says government's failure to honor contract terms may dampen investor interest in the Philippines. File photo by Martin San Diego/Rappler

Each Marawi hero's family to get P2-M livelihood aid

Oct 26, 2017 - 11:24 PM

San Miguel Corporation's Ramon Ang says this is the least the conglomerate can do for the 165 soldiers and policemen who died fighting terrorists in Marawi City

LIVELIHOOD ASSISTANCE. San Miguel COO Ramon Ang signs MOA to donate P330 million worth of livelihood assistance to the families of slain Marawi soldiers

Petron seeks TRO vs state-run PNOC over contract dispute

Oct 22, 2017 - 10:20 PM

The feud between the listed oil refiner led by tycoon Ramon Ang and the Philippine National Oil Company goes to court, after the state-run firm allegedly violated their lease agreements

PNOC SUED. Petron chief Ramon Ang says waiving renewal clauses of the firm's lease deal with PNOC would hurt its operations, its shareholders, and the economy that relies on its petroleum products. Photo by Martin San Diego/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

ICTSI buys Petron's stake in Manila North Harbor

Sep 22, 2017 - 12:45 PM

In a P1.75-billion deal, Petron divests from the Manila North Harbor to focus on its core business

NEW OWNER. ICTSI is entering into another port in Manila, widening its reach here in the country. File photo

Pag-IBIG in talks with Ramon Ang on Marawi housing units

Sep 14, 2017 - 3:44 PM

Acmad Moti Pag IBIG Chief Executive Officer says Chairman Eduardo del Rosario will meet with Ang next week to talk about the plan Ang he says might donate houses to help evacuees rebuild their lives from scratch

RAMON ANG. San Miguel Corp president Ramon Ang, DOTC Secretary Arthur Tugade, DPWH Secretary Mark Villar and Budget Secretary Benjamin Diokno during the inauguration of NAIA X (expressway) in Pasay City. Photo by Inoue Jaena/Rappler

Eagle Cement expands deal with construction giant EEI

Sep 11, 2017 - 10:00 PM

With its pipeline of projects EEI believes Eagle Cement s soon to be expanded capacity will be a valuable asset to its construction business

STRATEGIC ALLIANCE. The new deal is set to strengthen the two companies' existing partnership, as Eagle expands the EEI projects that will be supplied by the cement firm. File photo by Eagle Cement

San Miguel to build industrial estate in Cebu

Sep 07, 2017 - 7:27 PM

The industrial estate in Mandaue City will house a processed foods plant feed mill and port terminal

KEY INVESTMENT. 'This major development is an important part of San Miguel's current expansion in key regions nationwide,' SMC chief Ramon Ang says. Photo by Martin San Diego/Rappler

How Ramon Ang became Philippines' 10th richest man in 2017

Aug 25, 2017 - 8:00 AM

In just a year s time the chief of the country s most diversified conglomerate San Miguel Corporation nearly doubles his fortune to 2 3 billion

BIG GAIN. In Forbes Asia's 2017 list of the country's 50 wealthiest people, Ang almost doubled his net worth in just a year's time to $2.3 billion (10th spot), from $1.21 billion in 2016 (16th spot). Rappler infographics

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

Duterte's target: The Philippine Daily Inquirer

Aug 16, 2017 - 10:00 AM

Duterte started with subtle hits but has since ramped up tirades against the Philippine Daily Inquirer before the Prieto family sold its majority stake to businessman Ramon Ang close friend of the President

Forex, telco assets drag San Miguel net income in 1st half of 2017

Aug 10, 2017 - 10:20 PM

The diversified conglomerate feels the impact of the Philippine peso depreciation and the absence of the one time gain from its telco assets sale

Eagle Cement income grows in 1st half of 2017 despite low cement prices

Aug 08, 2017 - 9:40 PM

Cement prices which range from P170 to P180 per bag are at a 4 year low because of increased competition in the industry

Petron net income surges to over P8 billion in 1st half of 2017

Aug 08, 2017 - 7:55 PM

The oil refiner posts income growth despite crude oil inventory losses and a 45 day scheduled maintenance shutdown of its refinery

Pangilinan, Parojinog, COA | Evening wRap

Aug 04, 2017 - 7:54 PM

Watch the evening newscast with Chay Hofileña

Manny Pangilinan to eventually divest from Inquirer

Aug 04, 2017 - 4:45 PM

The intention is to give 100 [ownership in Inquirer] to [Ramon Ang] says Manuel Pangilinan who holds a minority stake in Inquirer

INQUIRER TAKEOVER. Manuel Pangilinan (right) says he has no problem divesting from Inquirer so that the takeover of Ramon Ang (left) will be seamless. Photo by Martin San Diego/Rappler

San Miguel unit eyes 500-MW hydro plant in Tarlac

Aug 02, 2017 - 4:13 PM

This comes after the Department of Energy gave Strategic Power Development Corporation the go signal for 3 other projects

ANOTHER VENTURE. This is one of San Miguel's power plants. Image of Ilijan Power Plant from http://www.sanmiguel.com.ph/

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.

#ThewRap: Things you need to know, July 24, 2017

Jul 24, 2017 - 10:42 AM

Hello Here are the stories you shouldn t miss this Monday

Meet Ramon Ang, Filipino billionaire and Duterte's friend

Jul 23, 2017 - 9:58 PM

As Ramon Ang aggressively expands his businesses he stays on the good side of President Rodrigo Duterte through his philanthropy and campaign donations

FRIEND. President Rodrigo Duterte (left) sees Ramon Ang (right), chief of San Miguel Corporation, as his fast friend

[Newspoint] Not a nice way to go

Jul 22, 2017 - 5:00 PM

The question is Has Ramon Ang come to rescue the Inquirer and its tradition of independence or its bullied owners or has he done so to further curry favor with the president?

#ThewRap: Things you need to know, July 20, 2017

Jul 20, 2017 - 11:05 AM

Hello Here are the stories you shouldn t miss this Thursday

REGULATED. The LTFRB has had difficulty in imposing rules over transport network companies as the Philippines is the first country to regulate app-based transport services.

Martial law, AMLA amendment, Mahathir | Evening wRap

Jul 19, 2017 - 8:16 PM

Watch the evening newscast with Marguerite de Leon

Pangilinan, PSG, Trump and Putin | Midday wRap

Jul 19, 2017 - 1:49 PM

Watch the midday newscast with Marguerite de Leon

Aquino doubts Ramon Ang will destroy Inquirer's image

Jul 19, 2017 - 11:00 AM

In an interview with Rappler ex president Benigno Aquino III says it doesn t make sense for the businessman he once called idol to destroy the Inquirer s image

VISITED BY AQUINO. Then President Benigno Aquino III (3rd from right) visits the Philippine Daily Inquirer office in Makati on September 8, 2015. The late Inquirer editor in chief Letty Jimenez Magsanoc (6th), company president Alexandra Prieto Romualdez (5th), and company chair Marixi Rufino Prieto (4th) join Aquino in the photo. Malacañang file photo

#ThewRap: Things you need to know, July 19, 2017

Jul 19, 2017 - 10:50 AM

Hello Here are the stories you shouldn t miss this Wednesday

MARAWI BATTLE. In this file photo, Philippine Marines help in the military offensive against the Maute Group in Marawi City on June 9, 2017. File photo by Bobby Lagsa/Rappler

MVP open to selling his entire Inquirer stake

Jul 19, 2017 - 7:46 AM

This comes amid talks between Ramon Ang and the Rufino Prieto family for a majority stake in the Philippine Daily Inquirer

OPEN TO DIVEST. Manuel Pangilinan says he is willing to sell his Inquirer stake to Ramon Ang or anyone 'if the price is right.' Photo by Martin San Diego/Rappler

Inquirer employees surprised, worried about Ramon Ang buyout

Jul 18, 2017 - 8:35 PM

The employees were informed of the plans to sell the Prieto family s shares in a general assembly on Monday July 17

San Miguel's latest venture: BMW vehicles

Jul 18, 2017 - 5:30 PM

San Miguel Corporation sets up a new unit called SMC Asia Car Distributors Corporation marking its entry into the motoring business

MOTORING BUSINESS. The diversified conglomerate led by Ramon Ang says SMC Asia Car will be 65% owned by San Miguel, while the remaining will be owned by Jose Alvarez. Photo by Alecs Ongcal/Rappler

Is the Inquirer's impending sale a Manila Times redux?

Jul 18, 2017 - 3:55 PM

In 1999 Joseph Estrada sues the Manila Times over a corruption story Months later the Gokongwei family sells the newspaper to the President s crony

FAST FACTS: What you should know about the Inquirer Group

Jul 18, 2017 - 10:34 AM

Get to know the Rufino Prieto family owners of the Inquirer which may soon belong to businessman Ramon Ang

Ramon Ang and his media interests

Jul 17, 2017 - 11:46 PM

The businessman wants a majority stake in the Philippine Daily Inquirer previously vied for GMA Network and reportedly has a stake in CNN Philippines

MEDIA INDUSTRY. Since 2012, tycoon Ramon Ang, in his personal capacity, has been talking to different major media companies for an acquisition deal. Photo by Alecs Ongcal/Rappler

Pulse Asia survey, Ang, LTFRB | Evening wRap

Jul 17, 2017 - 9:40 PM

Watch the evening newscast with Mara Cepeda

Ramon Ang in talks with Prietos for majority stake in Inquirer

Jul 17, 2017 - 4:10 PM

UPDATED If the acquisition pushes through Ramon Ang will use his personal money to buy the Prieto family s interest in the Inquirer group

EYEING INQUIRER. 'Yes, personal [investment]. [We are] in talks,' Ramon Ang tells Rappler. Ang's photo by Inoue Jaena/Rappler

NEDA reviews San Miguel's proposed airport in Bulacan

Jul 17, 2017 - 12:35 AM

The NEDA chief however says it is not a priority because they will focus on projects that can be finished within President Rodrigo Duterte s term

BACK BURNER. However, NEDA chief Ernesto Pernia says his office will focus on projects that can be completed in 3-6 years' time. Presidential Photo

San Miguel to venture into electronics manufacturing, clean energy

Jul 12, 2017 - 8:35 PM

Ramon Ang says the next step is to produce microchips and other electronics as well as get involved in hydro solar and tidal energy sources

DIVERSIFY. Aside from clean energy, San Miguel is also studying plans to venture into electronics manufacturing, which deliver high margin for the conglomerate. Rappler file photo

San Miguel to buy stake in BMW supplier in PH

Jul 06, 2017 - 5:21 PM

Ramon Ang a known car enthusiast confirms the agreement is set to be finalized in July

NEW VENTURE. San Miguel confirms its officials were invited by Palawan Governor and businessman Jose Alvarez to acquire majority stake in Asian Carmakers. Rappler file photo

San Miguel group to comply with 20% minimum public float

Jun 15, 2017 - 5:10 PM

Tycoon Ramon Ang confirms San Miguel Corporation and its unit San Miguel Pure Foods will sell some shares for compliance

TO COMPLY. San Miguel's public float is currently at 15.27%, while San Miguel Pure Foods' free float is at 14.61%. File photo by AFP

San Miguel's P1-trillion petrochem facility to break ground by end-2017

Jun 13, 2017 - 7:10 PM

The planned oil refinery will mainly produce petrochemicals with a capacity of 250 000 barrels per day

BIGGEST. Ramon Ang, president of San Miguel Corp, expects to break ground its biggest single investment to date in 6 months' time. Photo by Martin San Diego/Rappler

Groups of Ramon Ang, MVP set sights on MRT3 upgrade

Jun 05, 2017 - 7:40 AM

It was in 1999 when MRT3 was opened to decongest EDSA Now EDSA remains congested

San Miguel to propose $2-B Metro Manila spillway project

May 29, 2017 - 7:40 PM

In exchange Ramon Ang wants the government to give San Miguel the right to use waste materials from Laguna de Bay for power generation

FLOOD CONTROL. To be built at no cost to the government, Ang says he will push through with it if the government will give San Miguel the right to use the waste materials for its planned power generation capacity. Rappler file photo

Eagle Cement aims to be market leader by 2020

May 29, 2017 - 5:15 PM

Investors swarm Eagle Cement s debut on the Philippine Stock Exchange as the Ang led company goes full blast in its expansion

RISE ABOVE. Eagle Cement Chairman Ramon Ang said his company aims to expand its market share to at least 25% by 2020, from the current 14%. Photo by Alecs Ongcal/Rappler

#ThewRap: Videos you need to watch this week, May 15-21, 2017

May 21, 2017 - 2:00 PM

Must watch videos from this week

Tardy Ramon Ang makes Duterte wait for 10 minutes

May 20, 2017 - 7:27 AM

The President himself asks the audience at a housing project event to be patient and takes it upon himself to regale them until Ang arrives

Petron to start $20B oil refinery in early 2018

May 16, 2017 - 6:08 PM

Other than its planned greenfield project Petron plans to spend another 2 billion P99 41 billion to expand its plants in Bataan and Malaysia

BIGGEST INVESTMENT. Ramon Ang says the oil refinery will mainly produce petrochemicals, with a capacity of 250,000 barrels per day Photo by Martin San Diego/Rappler

Ramon Ang's Eagle Cement in race to rise above multinational giants

May 02, 2017 - 4:35 PM

Eagle Cement is the 4th largest cement producer in the Philippines To outpace the giants the Ramon Ang led firm wants to build plants in the Visayas and Mindanao

BUILDING GROWTH. Eagle Cement's competitive strength: Its end-to-end production strategy which integrates critical raw material sourcing with modern manufacturing technology. Photo from Eagle Cement

FAST FACTS: How much meat does the Filipino consume?

Apr 14, 2017 - 2:41 PM

Most Catholics in the Philippines abstain from eating meat during the Holy Week

MEAT CONSUMPTION. Latest OECD data showed that a Filipino consumes an average of 28.8 kilos of meat yearly.