Skip to content
  • About Us
  • Contact Us
  • RSS
Facebook Twitter Instagram
#image_title
BILYONARYO.COM
Search
  • Home
  • Business
  • Money and Trade
  • Social
  • Brand News
  • Video
  • Power
  • Property
  • Travel
  • Technology
  • Health
  • Lifestyle
  • Food & Nature
  • Fine Works
  • Golf
Menu
  • Home
  • Business
  • Money and Trade
  • Social
  • Brand News
  • Video
  • Power
  • Property
  • Travel
  • Technology
  • Health
  • Lifestyle
  • Food & Nature
  • Fine Works
  • Golf
Popular Tags Today:
↑ Ariel Fermin, Concepcion Industrial Corp. (CIC), Jojo Concepcion | AirAsia | Philippine National Bank (PNB) , Lucio Tan , Chairman Emeritus | Ramon Ang, Pasig River | National Economic and Development Authority (NEDA), rice tariffs | --- Exciting Announcement: Usapang Bilyonaryo Season 2 on CNN Commences this July 2023 | RLC RESIDENCES YOUR BEST LIFE IS YET TO COME
  • Home
  • Business
  • Brand News
  • Social
  • Video
  • Money and Trade
  • Property
  • Technology
  • Travel
  • Health
  • Lifestyle
  • Food & Nature
  • Fine Works
  • Golf
  • RSS
Menu
  • Home
  • Business
  • Brand News
  • Social
  • Video
  • Money and Trade
  • Property
  • Technology
  • Travel
  • Health
  • Lifestyle
  • Food & Nature
  • Fine Works
  • Golf
  • RSS

Bilyonaryo - Business

Barnaby Chong claims brother Bren has no links to World Balance: He has long decided to pursue his own interests

  • August 2, 2022
  • Bilyonaryo.com

Barnaby Chong claims brother Bren has no links to World Balance: He has long decided to pursue his own interests CHG Global, formerly World Balance International, has distanced itself from any links to the son of its owner who has been issued an arrest warrant for alleged drug smuggling.

CHG president and CEO Barnaby L. Chong confirmed that while the subject of the arrest warrant, Bren, is his brother, “he is not involved in the running of CHG Global, World Balance, or any other businesses of the corporation.”

“(He) has long decided to pursue his own interests.. Bren Chong is neither a shareholder nor an officer of the corporation, which is a matter of public record,” said Barnaby.

Barnaby, who took over the company in 2006, explained that World Balance is a” three-generation” corporation which was founded by Arsenio, Armani and Sin Chong in 1980.

“CHG Global is in the business of promoting fitness and health by creating great quality products at affordable prices. We will never be involved in anything illegal, much less drugs, which destroy people’s lives and is contrary to the principles and values that have built our business on all these years,” said Barnaby.

UPDATED| NBI hunts down son of World Balance owner Bren Chong: Court orders arrest of Lyka app owner for alleged drug smuggling

The Manila Regional Trial Court Branch 13 issued an arrest warrant for Bren on June 2, 2022 over his alleged involvement in the botched smuggling of P1.87 billion worth of shabu at the Manila International Container Port (MICP).

Before this controversy erupted, Bren has been widely touting his ties to World Balance to promote his other businesses.

Bren is behind the controversial app Lyka; Bren Esports, a Southeast Asian professional esports organization based in the Philippines; and cSynergy88 Studios – the Philippines’ first Microsoft-accredited art supplier, which specializes in mobile games and 2D character designs.

In a report by Tiebreaker Times in January 2021, Bren was described as “coming from the well-off Chong clan.”

“He (Bren) immediately entered the family business as soon as he finished his education and learned all about sales and finance…

After absorbing as much experience is as he could, (Bren) decided to use his grasp of the business industry to go back to things he feels most passionate about,” the Tiebreaker Times article said.

In a Bren Esports post on Blogspot, Bren was described as a “natural entrepreneur, armed with an immense passion for intellectual growth, and a savvy investor whose portfolio ranges from traditional brick and mortar businesses to angel investments in tech startups.”

“As early as grade school, he was already selling products of their family shoe business. While at University, he ventured into several businesses, most notably in the recycling industry. After finishing his studies, he took over the family business and transformed it into one of the most popular local footwear in the Philippines, World Balance,” Bren Esports said.

“During this time, he diversified his portfolio by going into several other investments. He has stakes in animation – ASI Studios; communications – Energy FM; F&B – Tim Hortons/Kko Kko; entertainment – RKB Productions; IT – Thirty One Digital/Beepbeep.ph; and BrenPro Inc. and Mineski Events Team,” it added.

  • Related News Tags: Arsenio, Barnaby Chong, Bren Chong, CHG Global, Sin Chong, World Balance, World Balance International

Follow Bilyonaryo BUSINESS on Google News

PrevPreviousJessica Kienle Maxwell celebrates Swiss National Day in this French bistro
NextDawn Zulueta Lagdameo slows down with her girl friendsNext

You may also like

Watch more Usapang Bilyonaryo

Wick Veloso the disruptor: GSIS’ shock Metro Pacific purchase forces Ty-blings to snap up P4.3B shares in open market, foils MVP and Mitsui’s plan to hit share purchase target

Philippines’ budget deficit jumps to P133 billion

Filipino consumer confidence on the rise as holiday season nears

BSP survey: Filipino business confidence dips in Q3, but Ber months bring hope

Poised for strong year-end performance: Ayala Corp closing in on P31 billion pre-COVID earnings goal

Wick Veloso the disruptor: GSIS’ shock Metro Pacific purchase forces Ty-blings to snap up P4.3B shares in open market, foils MVP and Mitsui’s plan to hit share purchase target

Philippines’ budget deficit jumps to P133 billion

Filipino consumer confidence on the rise as holiday season nears

BSP survey: Filipino business confidence dips in Q3, but Ber months bring hope

Poised for strong year-end performance: Ayala Corp closing in on P31 billion pre-COVID earnings goal

Competition Commission looking into Gokongwei-South Star Drug’s acquisition of Rose Pharmacy

Marcos graces opening of Unilever’s Cavite factory

Young FIBA volunteers get a treat as RSA marks 4th anniversary of Better World Tondo

NEDA eyes lower rice tariffs to replace price cap

Read more Business stories

Recommended from sister websites

→ Abogado
Look: Justice Hernando passes ‘torch’ to next year’s Bar chairperson as 2023 Bar exams conclude
→ Abogado
ASEAN chief justices unite vs trafficking in historic collaboration
→ Politiko
No Pinoys Allowed: China Puts Up Floating Barriers In West PH Sea- PCG
→ Politiko
Techie Kasi! Grace Poe Tells Youth: Lead Fight Vs Cybercrime
→ Bankero
Land Bank empowers rice farmers with P2.2 billion in loans
Power

Fueling the future: PNOC-EC invests P2 billion in Malampaya gas operations

Government-owned PNOC Exploration Corp. (PNOC-EC) is looking to spend about P2 billion for the Malampaya gas project’s operations in 2024, including drilling for new wells as it projects an 80 percent success rate.

Money

Investment opportunity: Retail Dollar Bonds 2 set to debut on September 26

Finance Secretary Benjamin Diokno said that the planned retail dollar bond (RDB) offering will finally push through this week.

Business

Philippines’ budget deficit jumps to P133 billion

The national government’s budget deficit for August 2023 surged to P133 billion, marking a significant increase of 84.63 percent compared to the same period last year, according to Finance Secretary Benjamin Diokno.

Property

DMCI’s Solmera Coast reservations exceed P5.6 billion in just over a month

The Consunji family’s debut in the leisure property market is off to a blazing start, as reservation sales for their project in San Juan, Batangas have already soared.

Latest on Bilyonaryo

Filipino households adapt savings habits amid recovery – BSP

Read More »

Wick Veloso the disruptor: GSIS’ shock Metro Pacific purchase forces Ty-blings to snap up P4.3B shares in open market, foils MVP and Mitsui’s plan to hit share purchase target

Read More »

Philippines’ budget deficit jumps to P133 billion

Read More »

Investment opportunity: Retail Dollar Bonds 2 set to debut on September 26

Read More »

Filipino consumer confidence on the rise as holiday season nears

Read More »

BSP survey: Filipino business confidence dips in Q3, but Ber months bring hope

Read More »
Back to Bilyonaryo.com homepage

Exclusive!

From copycats to inspiration: Iloilo City’s sustainability journey

July 22, 2023

Iloilo City, already establishing itself as a prime example of a green city, continues to push forward.

Read More »

Advertisement

Bilyonaryo Premium Ad 1
Bilyonaryo Premium Ad 2
Bilyonaryo Premium Ad 3
Bilyonaryo Premium Ad 4
Bilyonaryo Premium Ad 5

Trending on
Business

GOLD
Wick Veloso the disruptor: GSIS’ shock Metro Pacific purchase forces Ty-blings to snap up P4.3B shares in open market, foils MVP and Mitsui’s plan to hit share purchase target

Competition Commission looking into Gokongwei-South Star Drug’s acquisition of Rose Pharmacy

Marcos graces opening of Unilever’s Cavite factory

PLATINUM
Magagalit daw kasi Ginebra fans: RSA thinks San Miguel’s P1 billion PBA budget will feed and put to school a lot of Filipinos

Utang pa more! Dennis Uy secures massive $3.9 billion financing deal to reduce debt and fuel telco expansion

Power behind the race: Bongbong Marcos’s Ferrari F1 garage adventure is said to be courtesy of longtime friend, Malaysian billionaire Ong Beng Seng

TITANIUM
Jimmy Bautista paasa sa plastic cards! LTO extends validity of expired driver’s licenses until April 2024

Is GMA losing its sparkle? Felipe Gozon’s sub-channel GTV falls to third place as TV5 takes over second spot

Budol shopping! Irate customers call out Lucio Co’s Puregold for overcharging and misleading receipts

Read more Business stories

Trending on
Bilyonaryo

Business News

Wick Veloso the disruptor: GSIS’ shock Metro Pacific purchase forces Ty-blings to snap up P4.3B shares in open market, foils MVP and Mitsui’s plan to hit share purchase target

Social Fancy News

‘My ex is attempting to bankrupt me’: Maggie Wilson faces new challenges

Money & Trade News

New Thai PM meets Musk, US tech chiefs in investment push

Technology News

Tokyo Game Show back with a bang

Power News

Ayala-led ACEN invests in Laguna Lake solar initiatives through SPVs

Property News

Outcry stops building in ‘world’s largest greenbelt’ around Toronto

Lifestyle News

About time! Philippine citizenship sought for Spanish painter Juvenal Sanso

Food & Nature News

Recycling plastic not enough, warns UN environment chief

Health News

Philippine smog prompts health warnings, school closures

Travel News

Blockbuster movie scares Chinese tourists away from Thailand

Golf News

Koepka gets major-level thrill from playing for USA at Ryder Cup

Back to Bilyonaryo home page

Trending on
Bilyonaryo

Business News

• Wick Veloso the disruptor: GSIS’ shock Metro Pacific purchase forces Ty-blings to snap up P4.3B shares in open market, foils MVP and Mitsui’s plan to hit share purchase target

• Competition Commission looking into Gokongwei-South Star Drug’s acquisition of Rose Pharmacy

Social Fancy News

• ‘My ex is attempting to bankrupt me’: Maggie Wilson faces new challenges

• From host to Stress Drilon: Ces’ versatility shines in new Coco ad

Money News

• New Thai PM meets Musk, US tech chiefs in investment push

• Tracking efficiency: Government achieves 93% cash utilization rate as of August

Technology News

• Tokyo Game Show back with a bang

• Microsoft nears takeover of ‘Call of Duty’ maker Activision

Power News

• Ayala-led ACEN invests in Laguna Lake solar initiatives through SPVs

• Major Indonesia coal plant back near capacity despite pollution concerns

Property News

• Outcry stops building in ‘world’s largest greenbelt’ around Toronto

• US farmers, tech tycoons square off over plans for utopian city

Lifestyle News

• About time! Philippine citizenship sought for Spanish painter Juvenal Sanso

• Lachlan Murdoch, the choice of continuity

Food & Nature News

• Recycling plastic not enough, warns UN environment chief

• Crowdfunding conservation: A Pacific island’s plan to protect its waters

Health News

• Philippine smog prompts health warnings, school closures

• New diabetes drug better for weight loss than Ozempic: research

Travel News

• Blockbuster movie scares Chinese tourists away from Thailand

•

Golf News

• Koepka gets major-level thrill from playing for USA at Ryder Cup

•

Back to Bilyonaryo home page

Copyright © 2022. Bilyonaryo. All Rights Reserved.
  • Home
  • Business
  • Brand News
  • Social
  • Video
  • Money and Trade
  • Property
  • Technology
  • Travel
  • Health
  • Lifestyle
  • Food & Nature
  • Fine Works
  • Golf
  • RSS
Menu
  • Home
  • Business
  • Brand News
  • Social
  • Video
  • Money and Trade
  • Property
  • Technology
  • Travel
  • Health
  • Lifestyle
  • Food & Nature
  • Fine Works
  • Golf
  • RSS