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Business

A business (also known as enterprise or


firm) is an organization engaged in the
trade of goods, services, or both to
consumers
Early Trades
 The Radhanites - refers to a specific
guild, or a clan, or is a generic term for
Jewish merchants in the trans-Eurasian
trade network is unclear.
 The slave trade for centuries
had its headquarters in
Venice, until seventeenth
century Britain, the new
master of the seas, used its
control of the oceans to gain a
monopoly. As the American
colonies were settled, its
fiercely independent people,
most of whom did not want
slaves, found to their surprise
that slaves were being sent to
our ports in great numbers
10 Richest Filipinos
1. Henry Sy; $9.1 billion
 Henry Sy He
pioneered the
establishment of SM
Malls, anchored by
Shoemart
Department Store
and Supermarket
earning him the title;
the Philippines
the  ' Retail
King. He is the
chairman of SM
Prime Holdings, Inc.
2. Lucio Tan; $4.5 billion
Lucio Tan is a Chinese
Filipino businessman
with interests in
banking, airline, liquor,
tobacco and real estate
industries.
Tan was born on July
17, 1934, in Amoy,
Fujian.
3. Enrique Razon Jr.; $3.6
billion Enrique K. Razon Jr. is the
Chairman and CEO of the
publicly-listed company,
International Container
Terminal Services, Inc. (ICTSI),
the largest corporation in the
country providing container port
terminal services in Manila,
Subic, Batangas, General
Santos City, Poland and Brazil.
4. John Gokongwei Jr.;
$3.2 billionJohn L. Gokongwei, Jr. is the
Founder and Chairman Emeritus
of JG Summit Holdings Inc., one of
the largest conglomerates in the
Philippines with business interests
in air transportation (Cebu Pacific
Air), banking (Robinson’s Bank),
food manufacturing (Universal
Robina Corp.), hotels (Amisa Hotel
and Residential Condominium),
petrochemicals (J.G. Summit
Petrochemical Corp.), property
development (Robinson’s Land
Corp.), malls (Robinsons Malls), 
5. David Consunji; $2.7
billion
Founder of construction firm
DMCI, now run by son Isidro,
saw net profits at his Semirara
Mining rising more than 50% in
2011. Expanded mining
interests by acquiring minority
stake in Atlas Consolidated
Mining & Development, in
which Sy's SM Investment also
has stake. DMCI shares have
risen nearly 20-fold since 2008
 6. Andrew Tan; $2.3 billion
 7. Jaime Zobel de Ayala; $2.2 billion
 8. George Ty; $1.7 billion
 9. Roberto Ongpin; $1.5 billion
 10. Eduardo Cojuangco Jr.; $1.4 billion

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