Rose Marie "Baby" Arenas is a Manila society figure who featured prominently in the political scene of the Philippines in the 1990s. She was a relatively unknown socialite until 1993, when the Philippine Daily Inquirer reported that she had a past intimate relationship with the then-Philippine President Fidel V. Ramos. The scandal grew when within days after the revelation, the Philippine Securities and Exchange Commission ruled against the owners of the Philippine Daily Inquirer in a dispute involving one-third of the stock ownership of the newspaper. It was widely reported that the adverse ruling came about due to presidential displeasure over the report, although no concrete proof of such ever emerged.