Roberto Ongpin
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Roberto Ongpin
Roberto Velayo Ongpin (January 6, 1937 – February 4, 2023) was a Filipino businessman who served as the Minister of Commerce and Industry (initially as Minister of Industry) during the Marcos administration. His younger brother Jaime served as the Minister of Finance of the Philippines under Marcos's successor, President Corazon Aquino. In the 2018 ranking by ''Forbes'' of the world's richest, Ongpin was named as the Philippines' twelfth wealthiest Filipino (up from sixteenth in 2017), with a net worth US$3.72 billion. Early life and education Ongpin was born on January 6, 1937. He was the second of seven children by Luis Roa Ongpin and Lourdes Morales Velayo. He grew up in the neighborhood of Pinaglabanan in San Juan, which was then a suburb of the City of Manila and a part of Rizal province. He was a great-grandson of Román T. Ongpin, a businessman and philanthropist who aided Filipino revolutionaries against the Spanish and American colonial administrations in the P ...
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Secretary Of Trade And Industry (Philippines)
The secretary of trade and industry (Filipino language, Filipino: ''Kalihim ng Kalakalan at Industriya'') is the head of the Department of Trade and Industry (Philippines), Department of Trade and Industry and is a member of the Cabinet of the Philippines, president’s Cabinet. The current secretary is Alfredo E. Pascual, who assumed office on June 30, 2022. List of secretaries of trade and industry References External linksDTI official website
{{DEFAULTSORT:Secretary of Trade and Industry (Philippines) Secretaries of Trade and Industry of the Philippines, Trade ministers, Philippines Industry ministers, Philippines Lists of members of the Cabinet of the Philippines, Trade and Industry ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Fo ...
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Binondo Central Bank
The Binondo Central Bank (BCB) was a Filipino government dual exchange rate system that operated between 1983 and 1986. It was established to allow the government to narrow the rate gap by directly intervening in black market currency prices. The government of the Philippines organized the BCB under then Trade Secretary Roberto Ongpin, with a mandate to close the gap between the US dollar vs the Philippine Peso's official guiding rate and the black market rate. Ongpin was later charged with illegally acquiring Philippine pesos through the BCB but this case was dismissed in 2016. History The BCB was established in November 1983 at the time when the country is experiencing a debt crisis following the assassination of Benigno Aquino Jr. Financial institutions and banks were experiencing scarce foreign reserves at that particular period. It was organized by the Ferdinand Marcos government led by then Philippine Minister of Trade and Industry Roberto V. Ongpin with collaboration ...
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Black Market
A black market, underground economy, or shadow economy is a clandestine market or series of transactions that has some aspect of illegality or is characterized by noncompliance with an institutional set of rules. If the rule defines the set of goods and services whose production and distribution is prohibited by law, non-compliance with the rule constitutes a black market trade since the transaction itself is illegal. Parties engaging in the production or distribution of prohibited goods and services are members of the . Examples include the illegal drug trade, prostitution (where prohibited), illegal currency transactions, and human trafficking. Violations of the tax code involving income tax evasion in the . Because tax evasion or participation in a black market activity is illegal, participants attempt to hide their behavior from the government or regulatory authority. Cash is the preferred medium of exchange in illegal transactions since cash transactions are less-easi ...
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Saddam Hussein
Saddam Hussein ( ; ar, صدام حسين, Ṣaddām Ḥusayn; 28 April 1937 – 30 December 2006) was an Iraqi politician who served as the fifth president of Iraq from 16 July 1979 until 9 April 2003. A leading member of the revolutionary Ba'ath Party, Arab Socialist Ba'ath Party, and later, the Ba'ath Party (Iraqi-dominated faction), Baghdad-based Ba'ath Party and its regional organization, the Arab Socialist Ba'ath Party – Iraq Region, Iraqi Ba'ath Party—which espoused Ba'athism, a mix of Arab nationalism and Arab socialism—Saddam played a key role in the 1968 coup (later referred to as the 17 July Revolution) that brought the party to power in Iraq. As vice president under the ailing General Ahmed Hassan al-Bakr, and at a time when many groups were considered capable of overthrowing the government, Saddam created security forces through which he tightly controlled conflicts between the government and the armed forces. In the early 1970s, Saddam nationalised the ...
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Lee Kuan Yew
Lee Kuan Yew (16 September 1923 – 23 March 2015), born Harry Lee Kuan Yew, often referred to by his initials LKY, was a Singaporean lawyer and statesman who served as Prime Minister of Singapore between 1959 and 1990, and Secretary-General of the People's Action Party between 1954 and 1992. He was the Member of Parliament (MP) for Tanjong Pagar from 1955 until his death in 2015. Lee is widely recognised as the nation's founding father. Lee was born in Colony of Singapore, Singapore during British colonial rule. After graduating from Raffles Institution, he won a scholarship to Raffles College (now the National University of Singapore). During the Japanese occupation of Singapore, Japanese occupation, Lee escaped being the victim of a Sook Ching, purge, subsequently starting his own businesses while working as an administration service officer for the Japanese propaganda office. After World War II ended, Lee briefly attended the London School of Economics before transferring t ...
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Mahathir Mohamad
Mahathir bin Mohamad ( ms, محاضير بن محمد, label= Jawi, script=arab, italic=unset; ; born 10 July 1925) is a Malaysian politician, author, and physician who served as the 4th and 7th Prime Minister of Malaysia. He held the office from July 1981 to October 2003 and later from May 2018 to March 2020 for a cumulative total of 24 years, making him the country's longest-serving prime minister. Before becoming premier, he served as Deputy Prime Minister and in other cabinet positions. He was a Member of Parliament for Langkawi from May 2018 to October 2022, Kubang Pasu from August 1974 to March 2004, and Kota Setar Selatan from April 1964 to May 1969. His political career has spanned more than 75 years, from joining protests opposing citizenship policies for non-Malays in the Malayan Union in the 1940s to forming the Gerakan Tanah Air coalition in 2022. Born and raised in Alor Setar, Kedah, Mahathir excelled at school and became a physician. He became active in the U ...
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Hassanal Bolkiah
Hassanal Bolkiah ibni Omar Ali Saifuddien III ( Jawi: ; born 15 July 1946) is the 29th and current Sultan and Yang di-Pertuan of Brunei since 1967 and the Prime Minister of Brunei since independence from the United Kingdom in 1984. He is one of the last absolute monarchs in the world. The eldest son of Sultan Omar Ali Saifuddien III and ''Raja Isteri'' (Queen) Pengiran Anak Damit, he succeeded to the throne as the sultan of Brunei following the abdication of his father on 5 October 1967. The sultan has been ranked among the wealthiest individuals in the world. In 2008, ''Forbes'' estimated the sultan's total peak net worth at US$20 billion. Following the death of Queen Elizabeth II of the United Kingdom in 2022, the Sultan is currently the world's longest-reigning current monarch, as well as the longest-serving current head of state. On 5 October 2017, the sultan celebrated his Golden Jubilee to mark the 50th year of his reign on the throne. Early life The sultan was bor ...
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Ferdinand E
Ferdinand is a Germanic name composed of the elements "protection", "peace" (PIE "to love, to make peace") or alternatively "journey, travel", Proto-Germanic , abstract noun from root "to fare, travel" (PIE , "to lead, pass over"), and "courage" or "ready, prepared" related to Old High German "to risk, venture." The name was adopted in Romance languages from its use in the Visigothic Kingdom. It is reconstructed as either Gothic language, Gothic or . It became popular in German-speaking Europe only from the 16th century, with House of Habsburg, Habsburg rule Habsburg Spain, over Spain. Variants of the name include , , , and in Spanish language, Spanish, in Catalan language, Catalan, and and in Portuguese language, Portuguese. The French language, French forms are , ''Fernand (other), Fernand'', and , and it is ''Ferdinando (other), Ferdinando'' and in Italian language, Italian. In Hungarian language, Hungarian both and are used equally. The Dut ...
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Washington SyCip
Washington Z. SyCip, PLH BOLk RNO1kl (; 30 June 1921 – 7 October 2017) was a Chinese-Filipino-American accountant. He was the founder of the accounting firm EY SGV & Company and the Asian Institute of Management. Early life and education SyCip was born in Manila on 30 June 1921 to Albino and Helen SyCip. His father, Albino SyCip, co-founded Chinabank in 1920. His name was derived from the fact that his father was in Washington, D.C. at the time of his birth. He spent his early years living in Shanghai before attending Padre Burgos Elementary School and Victorino Mapa High School. He skipped three grade levels in elementary school. SyCip earned a commerce degree at the University of Santo Tomas (UST) with '' summa cum laude'' honors at age 17. He taught in UST while pursuing a master's degree. He passed the board examinations for Certified Public Accountants at age 18. In 1940, he went to the United States to attend the Columbia University in New York to complete a pos ...
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