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 the business of thought to define things, to find the boundaries; thought, indeed, is a ceaseless process of definition. It is the business of Art to give things shape. Anyone who takes no delight in the firm outline of an object, or in its essential character, has no artistic sense.... He cannot even be nourished by Art. Like Ephraim, he feeds upon the East wind, which has no boundaries.”
—Vance Palmer (1885–1959)
“All our lives we fought against exalting the individual, against the elevation of the single person, and long ago we were over and done with the business of a hero, and here it comes up again: the glorification of one personality. This is not good at all. I am just like everybody else.”
—Vladimir Ilyich Lenin (1870–1924)
“Towns find it as hard as houses of business to rise again from ruin.”
—Honoré De Balzac (1799–1850)