Chamber of Commerce of the Philippine Islands explained

Chamber of Commerce of the Philippine Islands
Native Name:Tagalog trans.: Bulwagang Pangkalakal ng mga Lupaing Pilipinas
Native Name Lang:tl
Abbreviation:CCPI
Nickname:The Chamber
Founders:
  1. D. Juan Rodríguez
  2. D. Miguel Velasco
  3. Sr. Rogaciano Rodríguez
  4. Sr. Francisco Reyes
  5. D. Ricardo Aguado
  6. Sr. Teodoro Yang-co
  7. Sr. Luis Hidalgo
  8. D. Pedro Roxas y Arroyo
  9. Sr. Rafael Reyes
  10. Sr. Tomás Sunico
  11. Sr. Vicente Somoza Cua-Peco
  12. Dr. Ariston Baustista
  13. Sr. Vicente D. Fernández
  14. Sr. Telésforo Chuy-dian
  15. Sr. Bernandino Hernández
  16. Sr. Faustino Lichauco
  17. Don Ramón Soriano
  18. Sr. Tomas Argüellles
  19. Sr. Ignacio Sy-yap
  20. Don Rafael del Pan
Founding Location:Manila
Type:Non-profit
Focus:-->
Professional Title:The Chamber of Commerce of the Philippine Islands
Headquarters:The Chamber Building, Paseo de Magallanes 3, Intramuros, 1000 Manila, PH
Location City:Manila
Location Country:Philippines
Region Served:National
Language:English (current)
Spanish (historical)
Owner:Chamber of Commerce of the Philippines Foundation, Inc.
Leader Title:President
Main Organ:COMMERCE Magazine
Formerly:La Cámara de Comercio de las Islas Filipinas
Chamber of Commerce of the Philippine Islands
headquarters
Image Alt:Chamber of Commerce of the Philippine Islands headquarters
Location:14.5945°N 120.9762°W
Address:No. 3 Magallanes Drive, Intramuros, Brgy U 56 Zone 49
Location City:Manila
Location Country: Philippines
Est Completion:-->
Inauguration Date:1937
Destruction Date:-->
Architect:Juan Arellano
Country:PHL
Marker Image:
Type:N
Route:120
Magallanes Drive
Former Names:Paseo de Magallanes
Namesake:Fernando Magallanes
Maint:Intramuros Administration
Length Km:0.632
Direction A:East
Direction B:West
Location:Intramuros, Manila

La Cámara de Comercio de las Islas Filipinas,[1] widely known today as The Chamber of Commerce of the Philippine Islands,[2] is the oldest business institution[3] in the Philippines, having been founded in 1886. The Chamber traces its roots back to the Spanish period when the King of Spain, Alfonso XII through Queen Regent Maria Cristina, issued a Royal Decree on April 9, 1886 creating similar institutions for all Spanish colonies.

The Camara de Comercio de Manila was formally organized and presented to its General Assembly on May 24, 1887, and on June 17, 1887 its statutes and by-laws were initially approved by the Gobierno Superior of the Philippines; and finally approved by Her Majesty, the Queen Regent of Spain, Maria Cristina, on February 9, 1888.

Sr. Don Joaquín María Elizalde was its first President, followed in 1890 by Sr. Don Francisco Godínez, and in 1895 by Sr. Don José de Echeita.

After the Spanish–American War in 1888 and the situation settled down, on July 19, 1903, the Camara de Comercio de Manila held its first formal session, with the Philippine Governor-General William Howard Taft as its Honorary President and Don Francisco Reyes as the first Chamber President.

Chamber Presidents

A chronological listing of the Chamber's presidents and their terms:

CHAMBER PRESIDENTS[4]
Term1886 1890 1896 1903–19041904 1905
Pres.Joaquin Marcelino de ElizaldeFrancisco GodínezJosé María de EcheitaFrancisco Reyes Teodoro YangcoRafael del Pan
Term1906–19121912–19151915–19161916–19171917–19181918–1919
Pres.Vicente D. FernandezRafael ReyesTeodoro YangcoMauro PrietoJose F. FernandezRamon J. Fernandez
Term1919–19201920–19211921–19221922–19231923–19241924–1925
Pres.Vicente Madrigal López y PdTJuan B. AlegreJose V. RamirezAlfonso M. TiaoquiTeodoro YangcoLeon Miguel Heras
Term1925–19261926–19271927–19281928–19291930–19311931–1932
Pres.Vicente G. GenatoManuel E. CuyuganVicente T. FernandezPio V. CorpusLeopoldo R. AguinaldoIsaac Barza
Term1932–19331933–19341934–19351935–19361936–19411941
Pres.Gonzalo PuyatArsenio N. LuzEulogio RodriguezLeopoldo R. AguinaldoVicente Madrigal López y PdTAurelio Pedro Periquet y Ziálcita
Term1941–19451945–194919511951–19541954–19551955–1957
Pres.Vicente MadrigalGil J. PuyatAurelio Pedro Periquet y Ziálcita /
Daniel R. Aguinaldo
Antonio de las AlasTeofilo D. Reyes Sr.Cesar M. Lorenzo
Term1957 1957–19581958–19601960–19611961–19621962–1963
Pres.Bienvenido R. MedranoPrimitivo LovinaMarcelo S. BalatbatGaudencio E. AntoninoAlfonso CalalangHermenegildo R. Reyes
Term1963–19641964–19651965–19661966–19671967–19681968–1969
Pres.Domingo ArcegaDemetrio MuñozAurelio Periquet Jr.Pio PedrosaTeofilo Reyes Jr.Teofisto Guingona Jr.
Term1969–19701970–19711971–19721972–19731973–19741975–1978
Pres.Rogelio W. ManaloSimeon C. MedallaMiguel S. Arámbulo Jr.Wigberto P. ClavesillaDominador LimFred J. Elizalde
Term1983 1984 1985–19921992–19931993–19961996–2000
Pres.Perfecto MañalacPaulino S. Dionisio Jr.Vicente AngliongtoJosé BarredoLourdes L. SanvictoresExequiel B. Garcia
Term2000–20032003–20062006–20092009–20102010–2017
Pres.Rose D. TeodoroFrancis C. ChuaMelito S. Salazar Jr.Benigno N. RicafortJose Luis U. Yulo Jr.[5] [6]

The Founders

Among the founders of the Chamber were representatives of the cross-section of the economy. They were: Don Juan Rodriguez, shipbuilder; Don Miguel Velasco, real estate owner; Sr. Rogaciano Rodriguez, businessman; Sr. Francisco Reyes, banker, who was the first president from 1903-1904; Don Ricardo Aguado, businessman; Sr. Teodoro Yang-co, real estate owner; Sr. Luis Hidalgo, businessman; Don Pedro A. Roxas, real estate owner and businessman; Sr. Rafael Reyes, real estate owner and industrialist; Sr. Tomás Sunico, industrialist; Sr. Vicente Somoza Cua-Peco, real estate owner and businessman; Dr. Aristón Baustista, industrialist; Don Vicente D. Fernández, attorney-in-fact of Don Pedro P. Roxas; Sr. Telésforo Chuy-dian, real estate owner and businessman; Don Bernandino Hernandez, businessman; Sr. Faustino Lichauco, real estate owner and importer; Don Ramón Soriano, real estate owner and importer; Sr. Tomas Argüellles, architect; Sr. Ignacio Sy-yap, businessman; and Don Rafael del Pan, lawyer.

First Meeting

The first organizational meeting of the founders was held at the residence of Don Juan Rodriguez on Calle Vives in San Nicolas District. It was presided by Don Miguel Velasco. In this meeting, the group adopted "Cámara de Comercio de Manila" as the name of the organization. It was later changed in 1919 to "Chamber of Commerce of the Philippine Islands / Camara de Comercio de las Islas Filipinas".[7]

American Period (1903-1946)

The change of sovereignty in the country from Spanish to American changed the tenor of business in the islands. Vicente Madrigal, Juan B. Alegre, Jose V. Ramirez, Alfonso M. Tiaoqui, Vicente P. Genato, Manuel E. Cuyugan, Vicente T. Fernandez and other prominent members of the Camara proved themselves leaders in espousing improved business relations in the Philippines.[8]

On May 3, 1915, the members of the Camara de Comercio Filipinas amended its by-laws, and on June 19, 1915, its Escritura Social was ratified.

By 1919, English began to be used instead of Spanish, thereby the Cámara was also officially referred to in documents as the Chamber of Commerce of the Philippine Islands. On July 17, 1933, During the 3rd session of the 9th Philippine Legislature, the Secretary of Agriculture and Commerce was authorized to sell to the Chamber a land for its building[9] [10] and approved therein on December 6, 1933. On September 15, 1934, The Chamber was issued title to its own land, and through the contributions of private businesses, The Chamber's 3-storey building, designed by the architect Juan Arellano,[11] was built and inaugurated in 1937 with Philippine President Manuel Quezon officiating[12] with then-President Aurelio P. Periquet y Ziálcita.

After the end of World War II, upon the attainment of Philippine independence, on April 6, 1949, the Securities and Exchange Commission of the Department of Commerce and Industry issued a Reconstruction of Records of the Chamber of some lost documents where the Chamber was named as Cámara de Comercio de las Islas Filipinas (and henceforth, Chamber of Commerce of the Philippine Islands).[13]

Official Publication

The Early COMMERCE Years

Before the Chamber’s founding, the necessity for unilaterally voicing the interests of the business community in the Philippines was a dismissive concept. However, manifold concerns confronting the conduct of business emboldened the Chamber towards issues essential to the material progress of the country.

The Chamber’s official publication, named the “Revista de la Cámara de Comercio de las Islas Filipinas” released its maiden issue in 1927, subsidized by Leopoldo R. Aguinaldo (who became a Chamber president), and who later renamed the magazine’s name to “COMMERCE”. The change in name was made to identify it as the official organ of the Chamber.

COMMERCE Magazine had two sections for English and Spanish readerships, but was later reformatted into a wholly English language publication. It was printed in a deluxe format, on heavy paper, which made it the most expensive, authoritative and exclusive trade publication in the Philippines.[14] In January 1952, Dr. Jose R. Katigbak was appointed to manage the magazine, assisted by M.M. de los Reyes. The Board of Editors headed by Dr. Katigbak included Domingo Abadilla and Hilarion Vibal as staff, followed by other prominent members of the Chamber who took turns in running the publication, such as Teofilo Reyes, Hilarion Vibal, Benito Medina, Carlos de Lara and George Yulo.

The Later COMMERCE Years

The publication of COMMERCE was halted during the Philippine Martial Law regime. In 2015, José Luis U. Yulo Jr. (56th President of the Chamber) and Denissa G. Venturanza (Executive Director) decided to revive the publication. Currently, COMMERCE Magazine (Philippines) is issued regularly on a quarterly basis.

Notes and References

  1. Web site: Chamber History . Chamber of Commerce of the Philippine Islands website.
  2. Web site: Robert Rafferty . List of Chambers of Commerce in the Philippines . Glueup.com . October 22, 2019.
  3. Web site: Chamber of Commerce of the Philippine Islands . Terrapinn.com.
  4. 130 Years of the Chamber . COMMERCE. 2016-2017 Special Issue . 7.
  5. Web site: Jose Luis Yulo, Jr. . Israel Chamber of Commerce of the Philippines.
  6. Web site: NordCham and the Chamber of Commerce of the Philippine Islands sign Memorandum of Cooperation . NordCham Philippines . November 22, 2017.
  7. 130 Years of the Chamber . COMMERCE. 2016-2017 Special Issue . 8.
  8. Web site: History of COMMERCE Magazine. Chamber of Commerce of the Philippine Islands website.
  9. Web site: 1937 original building of the Chamber of Commerce of the Philippines . Chamber of Commerce of the Philippines.
  10. Web site: 1963 Post World War II Restoration with original structure intact . Chamber of Commerce of the Philippines.
  11. Web site: The Chamber of Commerce of the Philippine Islands, Historical Marker. Wikimedia Commons.
  12. Web site: Philippine President Quezon officiates at the Chamber with Don Aurelio Periquet Sr. . Chamber of Commerce of the Philippine Islands.
  13. 130 Years of the Chamber . COMMERCE. 2016-2017 Special Issue . 9.
  14. Web site: History of COMMERCE Magazine. Chamber of Commerce of the Philippine Islands website.