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PCCI Press Statement on the Quirino Grandstand Tragedy

24/08/10 - The Philippine Chamber of Commerce and Industry (PCCI) is one with the rest of the Filipino nation and the world in expressing our deepest grief and sympathy to the families and friends of the victims, and offers prayers for the full recovery of the survivors of the tragedy that happened yesterday.

PCCI is ready to work with the government agencies concerned to expedite investigation and justice for the victims and survivors of the unfortunate incident. PCCI also expresses desire to expand cooperation between Philippines and China in initiating feedback and support for the security and protection of both countries’ citizens, investors, and travelers.

Despite this tragic incident, PCCI hopes that the longstanding diplomatic and economic relations that China and Philippines have initiated and achieved in the past would not be affected.

PCCI meets with PNoy's Fiscal Managers

24/08/10 - The Philippine Chamber of Commerce and Industry (PCCI), together with other business organizations, hosted a forum last August 18, 2010 at the New World Hotel in Makati with Finance Sec. Cesar Purisima, Bureau of Customs Commissioner Angelito Alvarez, and Bureau of Internal Revenue Commissioner Kim Jacinto-Henares as guest speakers.

PCCI president Amb. Francis Chua, in his opening remarks, underscored the respective roles of the speakers in managing the fiscal position of the country and generating revenues to fund programs and projects that promote and sustain economic development.

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The Philippine-Chinese Business Council (PCBC) and the Chinese-Philippine Business Council (CPBC) were founded by Dr. Aurelio Periquet Jr. and Dr. Jeffrey L.S. Koo in 1985. At that time, both the Philippines and Taiwan were undergoing transformation. In the Philippines, there were widespread protest movements and growing dissatisfaction that the public clamor at that time was no less than a new leadership. In the case of Taiwan, it was also near the threshold of change towards democracy.

After more than twenty years, the anticipated turnaround of these two economies is now a reality. Taiwan is now one of the newly-industrialized countries in Asia and the Philippines has finally taken off and is pursuing structural reforms and infrastructure developments, amidst the present economic condition in the region.

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This section is for the Global Filipino business community. Contribute your latest business news to info@philippinechamber.com

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SAN MIGUEL CORPORATION (SMC)

Established in 1890 as a brewery, San Miguel Corporation (SMC) is Southeast Asia's largest publicly listed food, beverage and packaging company with over 15,000 employees in over 90 major facilities throughout the Asia-Pacific.

One of the Philippines' leading business conglomerates, San Miguel carries the brand names of some of the most formidable players in the Philippine food and beverage industry, including San Miguel Pale Pilsen, Ginebra San Miguel, Monterey, Magnolia, and Purefoods. San Miguel Beer--the company's flagship product--is one of the largest selling beers and among the top 10 beer brands in the world.

Today, San Miguel is built around closely related businesses: beverages--both non-alcoholic and alcoholic--food, and packaging. Each of which are dominant in their respective segments, holding No. 1 or No. 2 positions in their markets.