Background
Balbastro was born in Oton, Iloilo.
Balbastro was born in Oton, Iloilo.
He graduated from the University of the Philippines College of Law in 1962, and worked for ten years in the Commission of Elections (COMELEC) with stints in Vigan and Romblon.
By the age of fifteen, Balbastro was covering the entertainment beat for the Philippine Free Press and the Kislap-Graphic. His columns appeared in the Abante and Abante Tonight tabloids. From 1982 to 1985, Balbastro was the president of the Philippine Movie Press Club.
Balbastro hosted a showbusiness-themed radio program, Showtime with Billy, which aired over DZMM.
Billy Balbastro died from lung cancer on February 2, 2008 in Parañaque.
He also was a member of the Committee for Cinema of the National Commission for Culture and the Arts.