Ramon Paolo V. Bugia (born January 19, 1981 in Manila, Philippines) is a professional basketball player in the Philippine Basketball Association who plays for the Alaska Aces. He was drafted seventeenth overall by the Red Bull Barako in the 2005 PBA Draft.
In his rookie year, He averaged 4.0 points per game and 2.6 rebounds per game. The next year, he averaged 3.0 points per game and 2.0 rebounds per game.
Bugia also played for the Ateneo de Manila University, where he was a member of the college basketball team, the Blue Eagles.
Barangay Ginebra traded Paul Artadi, Rafi Reavis, and the rights to 2009 8th pick overall Chris Timberlake for Enrico Villanueva, Rich Alvarez, Celino Cruz, and Paolo Bugia of Purefoods. Burger King acted as the conduit team, trading Pocholo Villanueva to Ginebra and acquiring the rights to 2009 Rookie draft eighteenth pick Orlando Daroya and future picks.
He was signed by the Rain or Shine Elasto Painters during the off-season after being released by Ginebra. Before the 2011 PBA Commissioner's Cup, he was traded along with Hans Thiele to the Alaska Aces in exchange for Reynel Hugnatan.