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.
Read more about this topic: Spanish Influence On Filipino Culture
Famous quotes containing the word business:
“The business of love is
cruelty which,
by our wills,
we transform
to live together.”
—William Carlos Williams (18831963)
“Is there something in trade that dessicates and flattens out, that turns men into dried leaves at the age of forty? Certainly there is. It is not due to trade but to intensity of self- seeking, combined with narrowness of occupation.... Business has destroyed the very knowledge in us of all other natural forces except business.”
—John Jay Chapman (18621933)
“The only business of the head in the world is to bow a ceaseless obeisance to the heart.”
—William Butler Yeats (18651939)