tycoon | ABS-CBN News

Lucio Tan III replaces grandfather as PAL Holdings President

ABS-CBN News
Posted at May 25 04:54 PM

Lucio Tan III, the grandson and namesake of one of the country's richest tycoons, has been appointed as the President of PAL Holdings Inc on Thursday. Read more »

Metro Pacific says 'has not disposed' any stake in Maynilad

ABS-CBN News
Posted at Mar 24 09:34 AM

Metro Pacific Investment Corp said on Friday it did not dispose any or all of its stake in the west zone water utility concessionaire Maynilad Water Services Inc following social media reports that the firm has been sold to Enrique Razon. Read more »

MVP to remain Metro Pacific chairman, president, CEO for 'foreseeable future'

ABS-CBN News
Posted at Mar 15 11:14 AM

Metro Pacific Investment Corp said on Wednesday Manny Pangilinan would continue serving as its Chairman, President and CEO of the company in the foreseeable future. Read more »

Roberto Ongpin, one of PH's richest, dies at 86

ABS-CBN News
Updated as of Feb 05 08:52 PM

Business tycoon Roberto Ongpin has passed away, his nephew Apa confirmed on Sunday. He was 86. Read more »

Fernando Zobel de Ayala resigns from Ayala Corp, subsidiaries

ABS-CBN News
Updated as of Sep 12 11:58 AM

Ayala Corp president, CEO and vice chairman of the board Fernando Zobel de Ayala has resigned to focus on his health, the company said. Read more »

Ayala Corp CEO Fernando Zobel de Ayala on medical leave

ABS-CBN News
Updated as of Aug 15 03:15 PM

Ayala Corp on Monday said Fernando Zobel de Ayala is on medical leave and has taken a leave of absence as vice chairman of the board, president and CEO. Read more »

Emperador marks secondary listing in SGX

Michelle Ong, ABS-CBN News
Updated as of Jul 14 06:03 PM

Billionaire Andrew Tan's liquor company Emperador Inc on Thursday listed on the main board of the Singapore Exchange, making it the first Philippine Stock Exchange-listed firm to conduct secondary listing on SGX. Read more »

Manny Villar, pinakamayamang tao pa rin sa Pilipinas

ABS-CBN News
Posted at Apr 07 08:40 PM

Ang tycoon na si Manny Villar pa rin ang pinakamayamang tao sa Pilipinas. Read more »

Comelec inks P500-M deal with firm allegedly linked to Davao tycoon

Ina Reformina, ABS-CBN News
Updated as of Nov 01 02:36 PM

The 32-page contract, amounting to P535.99 million, was signed on Oct. 29, 2021 by Comelec chairman Sheriff Abas and F2 Logistics president Efren Uy. Read more »

'Sentenced US tycoon Durst is on ventilator with COVID'

Agence France-Presse
Posted at Oct 17 10:32 AM

US real estate mogul Robert Durst, sentenced to life in prison for killing his best friend, has been placed on a ventilator after becoming infected with COVID-19, according to a US media report published Saturday. Read more »

Comelec defines scope of logistics deal under scrutiny

Aleta Nieva-Nishimori and Jauhn Etienne Villaruel, ABS-CBN News
Posted at Aug 24 04:52 PM

Comelec clarified the scope of a logistics deal now under scrutiny after a firm poised to bag the deal was found linked to a tycoon close to Duterte. Read more »

Palace distances Duterte from ally's firm in 2022 polls

Jamaine Punzalan, ABS-CBN News
Updated as of Aug 24 05:08 PM

Malacañang on Tuesday distanced President Rodrigo Duterte from a firm that will be potentially involved in the 2022 elections. Read more »

Comelec probing concerns vs potential election supplier

Jauhn Etienne Villaruel, ABS-CBN News
Updated as of Aug 24 05:04 PM

(UPDATED) The Commission on Elections (Comelec) said it was "checking" the concerns raised against a logistics company, whose owner is a perceived ally of the current administration. Read more »

Who owns firm tapped for 2022 elections? Probe sought

Jauhn Etienne Villaruel, ABS-CBN News
Updated as of Aug 12 07:26 PM

According to Kontra Daya, the Comelec 'should treat this as a red flag,' urging the poll body to immediately look into the ownership of F2 Logistics. Read more »

Jailed HK tycoon Jimmy Lai sentenced to 14 months for Oct. 1 illegal assembly

Jessie Pang and James Pomfret, Reuters
Posted at May 28 01:16 PM

Jailed Hong Kong media tycoon and Beijing critic Jimmy Lai was given a new prison sentence of 14 months on Friday over his role in an unauthorized assembly on Oct. 1, 2019, during one of the city's pro-democracy rallies that year. Read more »

Jimmy Lai among five Hong Kong democracy activists jailed

Agence France-Presse
Posted at Apr 16 05:51 PM

Hong Kong media tycoon Jimmy Lai was jailed for 12 months on Friday along with four other veteran democracy activists for helping to lead one of the city's biggest-ever protests. Read more »

Pro-democracy media tycoon freed on bail amid Hong Kong crackdown

Daniel Suen and Xinqi Su, Agence France-Presse
Posted at Aug 12 05:27 AM

Hong Kong pro-democracy media mogul Jimmy Lai walked free on bail Wednesday, over 40 hours after he and other critics of China were rounded up by police as part of a widening crackdown on dissent. Read more »

Tycoon and kingmaker Danding Cojuangco dies

ABS-CBN News
Updated as of Jun 17 05:33 PM

Tycoon Eduardo "Danding" Cojuangco, whose influence in business and politics spanned decades, has died. He was 85. Read more »