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:
“BOSWELL. But what do you think of supporting a cause which you know to be bad? JOHNSON. “Sir, you do not know it to be good or bad till the Judge determines it.... It is his business to judge; and you are not to be confident in your own opinion that the cause is bad, but to say all you can for your client, and then hear the Judge’s opinion.”
—Samuel Johnson (1709–1784)
“Oh, I realize it’s a penny here and a penny there, but look at me: I’ve worked myself up from nothing to a state of extreme poverty.”
—Arthur Sheekman, U.S. screenwriter. Norman McLeod. Groucho Marx as himself, in Monkey Business (film)
“Now, in my opinion, a woman has no business with Power—Power admits no equal, and dismisses friendship for flattery. Besides, it keeps the men at a distance, and that is not always what we wish.”
—Edward Moore (1712–1757)