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:
“It is clearly better that property should be private, but the use of it common; and the special business of the legislator is to create in men this benevolent disposition.”
—Aristotle (384–322 B.C.)
“Faces, suddenly suspended above you;
faces that you think it’s your business to love
if only you could remember their names.”
—Anne Sexton (1928–1974)
“I know [my label], in any case: a double face, a charming Janus, and underneath, the house motto: “Be wary”. On my business cards: “Jean-Baptiste Clamence, actor”.”
—Albert Camus (1913–1960)