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The economic history of the Philippines is shaped by its colonial past, evolving governance, and integration into the global economy. Prior to Spanish colonization in the 16th century, the islands had a flourishing economy centered around agriculture, fisheries, and trade with neighboring countries like China, Japan, and Southeast Asia.
The company became a real family business and grew into a chain of bookstores with branches throughout the country. In the 1990s, the chain had about 50 branches. Twenty years later, there were 145. The National Book Store became the largest bookstore chain in the Philippines and one of the largest companies in the Philippine retail industry. [3]
The Path of Entrepreneurship, by the university's Dr. Marites A. Khanser, was launched, and it narrated the "riches-to-rags-to-riches" story of the tai-pan. Gokongwei stated that entrepreneurship is a way out of poverty.
The Chamber of Commerce of the Philippines started on July 19, 1903, as the Philippine Chamber of Commerce (PCI). In 1948, Hilarion Henares, Sr. established the Small Industries and Machine Shop Owners of the Philippines (abbreviated as SIMSOP) and after two years of establishment, the Chamber of Commerce of the Philippines changed its name to Philippine Chamber of Commerce on March 4, 1950.
The exhibits also depict the diverse livelihoods of Filipinos across Luzon, Visayas, and Mindanao, and showcase collections related to the history of trade and commerce in the Philippines. The galleries are carefully curated to provide a comprehensive understanding of these industries and their impact on the nation's economic development.
Jose Santos Concepcion Jr. [1] (December 29, 1931 – March 6, 2024), also known as Joecon, [2] was a Filipino businessman, industrialist, activist, and politician. He was primarily known as the President and COO of RFM Corporation from 1965 to 1986, where he was able to grow and expand it from a flour milling company to a highly diversified conglomerate.
He was orphaned during the Japanese occupation of the Philippines. [4] After the war ended in 1945, Que bought ₱100-worth of Sulfathiazole pills. He sold these drugs in single doses and using his savings decided to buy an assortment of medicine which he later peddled through a pushcart.
Micro businesses in the Philippines can be defined according to the size of assets, size of equity capital, and number of employees. A typical micro business is a business that employs nine people or fewer, with assets of ₱3 million and below. In the Philippines, about 90 percent of all businesses are categorized as micro businesses.