Spanish Influence On Filipino Culture - Business

Business

In the business community, the Philippine Chamber of Commerce and Industry (PCCI) plays an integral role in the economic, political and social development of the nation. Historically, the chamber can be traced back as early as the 1890s with the inauguration of the Cámara de Comercio de Filipinas. This organisation was composed mainly of Spanish companies such as the Compañia General de Tabacos de Filipinas, Fábrica de Cerveza San Miguel, and Elizalde y Cía, among other Spanish, and Philippine companies.

During the first half of the 20th century commerce, and industrial trades with other Hispanic countries declined due to the United States administration of the Philippines. However, the resurgence of trade between Spain and Latin American nations had risen toward the closing of the century. 1998 marked the centennial celebration of Philippine independence, and opened a new opportunity for both Hispanic and Filipino businesses to reconnect their historic ties as trade partners.

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