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Luzon Brokerage Corporation was founded by Carlos Araneta of the Araneta family in the 1945 as a brokerage firm. With the help of his sons Juan Carlos, Santiago, and Fernando, Carlos Araneta expanded their family-owned business into an air cargo agency and later as a forwarding service provider to clients.
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On September 22, 1995, the Securities and Exchange Commission (SEC) approved the company's name change to Asian Pacific Equity Corporation (APEC) as well as the change of its role from a merchant to a holding company. On November 10, 1999, the corporate name was again changed to Tanduay Holdings, Inc (THI), and again on November 20, 2012, to ...
In the Philippines, a government-owned and controlled corporation (GOCC), sometimes with an "and/or", [1] is a state-owned enterprise that conducts both commercial and non-commercial activity. Examples of the latter would be the Government Service Insurance System (GSIS), a social security system for government employees.
At present, APECO is undertaking Phase One development consisting of 25 hectares that includes the construction of a 3-star hotel and the administration building. The second phase will involve the construction of an infirmary building and other infrastructure facilities like telecommunications and BPO facilities.
Baguio (UK: / ˈ b æ ɡ i oʊ / BAG-ee-oh, US: / ˈ b ɑː ɡ i oʊ, ˌ b ɑː ɡ i ˈ oʊ / BAH-ghee-oh, - OH, Tagalog:), officially the City of Baguio (Ibaloi: Siudad ne Bagiw; Ilocano: Siudad ti Baguio; Tagalog: Lungsod ng Baguio), is a highly urbanized city in the Cordillera Administrative Region, Philippines.
Japanese depiction of Luzones in 1671. Luzones (Portuguese: Luções, pronounced; also Luzones in Spanish) was a demonym [1] used by Portuguese sailors. [2] during the early 1500s, referring to the Kapampangan and Tagalog people who lived in Manila Bay, Philippines which was then called Lusong (Kapampangan: Lusung, Portuguese: Luçon).