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Lucio C. Tan
Lucio Chua Tan Sr. (; born July 17, 1934) is a Filipino business magnate, investor, and philanthropist. He presides over the Filipino conglomerate company LT Group, Inc., a company with extensive business interests in sports, banking, airline, liquor, tobacco, real estate, beverages, and education. As of September 2021, his net worth is estimated at US$1.9 billion. Early years Tan was born in Amoy (now Xiamen), Fujian, China. His parents moved to Cebu in the Philippines when he was a child. He was said to have gone to school on barefoot and first worked as a stevedore who tied cargo with ropes made from abaca He earned a bachelor's degree in Chemical Engineering from the Far Eastern University in Manila. ''Forbes'' states that while in college, Tan "worked as a janitor at a tobacco factory" where he "mopped floors to pay for school." Philanthropy Though the companies of Lucio Tan Group has been involved in various social responsible programs, Tan has benevolent personal p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tan (surname)
Tan is a common Chinese surname wikt:譚, 譚.''China Renews Top 100 Surnames, Li Still the Biggest'' ''People's Daily'' online (English), 11 January 2006 It is considered the 56th most common surname. Origin Two origins have been suggested for the Tan surname: * The surname came from the ancient Tan (Shandong), State of Tan which was located in the western part of what is now Shandong Province. During the Spring and Autumn period, this state was conquered by the neighbouring Qi (state), State of Qi. The court changed their surname to Tan in remembrance of their defeated homeland, and later prospered in Hunan Province. * The surname came from the less common surname 談, another with the same pronunciation in Mandarin Chinese and Cantonese Chinese. In or ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fortune Tobacco
PMFTC, Inc. is the Philippine affiliate of Philip Morris International (PMI). Owned 50-50 by PMI and local conglomerate LT Group, PMFTC is the leading cigarette manufacturer in the Philippines, controlling over 90% of the local market, commercialising the brands Hope Luxury, Marlboro, and More, among others. The company is a joint-venture between the Philippine unit of PMI and local firm Fortune Tobacco Corporation (FTC), which joined forces in 2010 to form a new company that, after the agreement, would control the 90% of the market. History In 1955, Philip Morris International entered into a licensing agreement with La Suerte Cigar and Cigarette Factory to manufacture and sell Marlboro cigarettes in the Philippines. Fortune Tobacco Corporation (FTC) was established in 1966 founded by Benito Tan Kee Hiong, Atty. Florencio N. Santos, Lucio Tan and Mariano Tanenglian. In 1995, Philip Morris Philippines, Inc. (PMPI) was established to handle all sales and marketing aspects relat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Presidential Commission On Good Government
The Presidential Commission on Good Government (PCGG) is a quasi-judicial government agency of the Philippines whose primary mandate is to recover the ill-gotten wealth accumulated by Ferdinand Marcos, his immediate family, relatives, subordinates and close associates, whether located in the Philippines or abroad. It was created by President Corazon Aquino shortly after she was sworn in as president in the aftermath of the 1986 People Power revolution.Manapat, Ricardo (1991) Some Are Smarter Than Others. Aletheia Press. In addition to recovering the Marcos wealth, it is also tasked with investigating other cases of graft and corruption; and instituting of corruption prevention measures. Soon after the PCGG was created, Aquino issued an executive order freezing the assets of the Marcoses in the Philippines, and assigning the PCGG to negotiate with foreign governments so that the Marcoses' wealth overseas could be repatriated to the Philippines, giving the PCGG diplomatic powers ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Economic And Development Authority
The National Economic and Development Authority (NEDA; fil, Pambansang Pangasiwaan sa Kabuhayan at Pagpapaunlad) is an independent cabinet-level agency of the Philippine government responsible for economic development and planning. It is headed by the president of the Philippines as chairman of the NEDA board, with the Secretary of Socioeconomic Planning as vice-chairman. A number of Cabinet members, the Governor of the Bangko Sentral ng Pilipinas, the Chairperson of the Metropolitan Manila Development Authority, the Chief Minister of Bangsamoro, the Secretary of Information and Communications Technology, the Chairman of the Subic–Clark Area Development Corporation, and the National President of the Union of Local Authorities of the Philippines are members of the NEDA Board. The agency has been headed by Arsenio Balisacan since June 30, 2022. History and precursor agencies National Economic Council On November 15, 1935, the Commonwealth of the Philippines was inaugurated ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of The Philippines
The University of the Philippines (UP; fil, Pamantasan ng Pilipinas Unibersidad ng Pilipinas) is a state university system in the Philippines. It is the country's national university, as mandated by Republic Act No. 9500 (UP Charter of 2008), giving it institutional autonomy. Originally founded by the American colonial government on June 18, 1908, it was established through the ratification of Act No. 1870 of the 1st Philippine Legislature to serve as an "advanced instruction in literature, philosophy, the sciences and arts, and to give professional and technical training" to eligible students regardless of "age, sex, nationality, religious belief and political affiliation." The University of the Philippines system has 8 constituent universities (CUs): UP Diliman, which serves as the system's flagship university, UP Los Baños, UP Manila, UP Visayas, UP Open University, UP Mindanao, UP Baguio, and UP Cebu which are scattered across 17 campuses. Widely regarded and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Solita Monsod
Solita “Winnie” Garduño Collás-Monsod, popularly known as Mareng Winnie (born July 29, 1940), is a Filipino broadcaster, host, economist, and columnist. She had been the 5th Director-General of the National Economic and Development Authority and concurrently socio-economic planning secretary of the Philippines from 1986 to 1989. Educated at the Wharton School of the University of Pennsylvania, she holds the rank of Professor Emeritus at the University of the Philippines School of Economics. Education Monsod graduated with a Bachelor of Arts degree in economics, ''cum laude'' at the University of the Philippines Diliman in 1959 and is a member of the Sigma Delta Phi Sorority. She obtained a Master of Arts in economics from the University of Pennsylvania in 1962. Academic career Monsod has been teaching in the University of the Philippines School of Economics since 1963. In 2005, she was nominated to be the President of the University of the Philippines System, an office ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippine Center For Investigative Journalism
The Philippine Center for Investigative Journalism (PCIJ) is a non-profit media organization specializing in investigative journalism. It is based in Quezon City, Philippines. Established in 1989 by nine Filipino journalists, the organization funds investigative projects for both the print and broadcast media. It has published over 1,000 investigative reports and over 1,000 articles in Philippine newspapers and magazines, produced documentaries and published more than two dozen books on current issues. The center also offers writing fellowships to deserving reporters, journalists, and academics. Its PCIJ Story Project, launched in 2017, provides grants for projects that expose human rights abuses, misuse of public funds, and threats to free expression and press freedom. PCIJ is one of two Philippine organizations belonging to the Global Investigative Journalism Network. Organization A board of editors, mostly composed of the center's founders, holds monthly meetings. A board ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SATS Ltd
SATS Ltd. (SATS), an acronym derived from Singapore Airport Terminal Services, is a Singaporean airport service company that handles the main ground handling and in-flight catering service provider at its country's Changi Airport. SATS controls about 80% of Changi Airport's ground handling and catering business. SATS provides gateway and food services in Asia. SATS food services comprises airline catering, food distribution and logistics, industrial catering and linen and laundry services. Its gateway services span airfreight, baggage and ramp handling, passenger services, aviation security, cargo, warehousing, perishables handling to cruise handling and terminal management. SATS subsidiaries includes SATS Airport Services, SATS Catering, SATS Security Services, Aero Laundry & Linen Services, Aerolog Express, Country Foods Pte Ltd. and Singapore Food Industries. History Origin The history of SATS can be traced back to the very beginning of commercial aviation in Singapore. In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PAL Express
Air Philippines Corporation, operating as PAL Express and formerly branded as Air Philippines and Airphil Express, is a wholly owned subsidiary airline of Philippine Airlines which is under its ownership. It is PAL's regional brand, with services from its hubs in Ninoy Aquino International Airport, Manila, Clark International Airport, Clark, Mactan–Cebu International Airport, Cebu, and Francisco Bangoy International Airport, Davao. The airline has been re-branded a number of times, first as Air Philippines, then Airphil Express, and is now known as PAL Express. After a series of financial losses, Air Philippines ceased operations until it was acquired by investors from Philippine Airlines. After the acquisition, the airline was re-launched as PAL Express, operating some routes and slot assignments of its sister company Philippine Airlines until its management decided to re-brand the carrier as a budget airline known as Airphil Express. However, in March 2013, the airline name ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allied Banking Corporation
Allied Banking Corporation (now Philippine National Bank) was one of the largest banks in the Philippines. On February 9, 2013, the bank was merged with Philippine National Bank, creating the fourth largest private domestic bank in the Philippines. History As a spinoff from the acquisition of the insolvent General Bank and Trust for a pittance, Allied Bank was incorporated under the laws of the Republic of the Philippines on April 11, 1977, and granted by the Central Bank of the Philippines the Certificate of Authority to operate as a commercial bank on May 20, 1977. It formally opened for business on June 2, 1977. On August 19, 1977, it was authorized to operate an expanded foreign currency deposit unit (FCDU) and in December 1981 granted to operate as expanded commercial bank or universal bank. As of December 31, 2007, Allied Bank was the 9th largest private domestic commercial bank in the country in terms of total deposits, and the 10th largest in terms of net worth. Aside ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippine National Bank
The Philippine National Bank (PNB, Filipino/ tl, Bangko Nasyonal ng Pilipinas, lit=; es, Banco Nacional Filipino; Hokkien ) is one of the largest banks in the Philippines. It was established by the Philippine government on July 22, 1916, during the American Era. The bank became the first universal bank in the Philippines in 1980 and was acquired by tycoon Lucio Tan after it was privatized by the government in 1989. After its merger with the Tan-owned Allied Bank on February 9, 2013, PNB became the fifth largest private domestic bank in the country. To date, PNB has a total domestic footprint of 713 branches and more than 1,400 ATMs strategically located nationwide. PNB maintains its position as the Philippine bank with the most extensive international reach with more than 70 overseas branches, representative offices, remittance centers and subsidiaries across Asia, Europe, the Middle East, and North America. History Early years The Philippine National Bank was establishe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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