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Filipino Entrepreneurs 1. Henry Sy - Shoemart

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Filipino Entrepreneurs

1. Henry Sy - ShoeMart
Sh ZhChng, (Henrys Chinese name), was born on December 25, 1923,
to an impoverished family in Jinjiang, a town near Xiamen, China. The
entire family left China for good in 1936, so they could be with their family
patriarch who was then a proprietor of a thriving variety store in Manila.
Henry remembers having to clear the stores counter, which served as his
sleeping place, after helping his father run the store for 12 hours.

2. Tony Tan Caktiong - Jollibee


Tony Tan Caktiong was born on October 07, 1960 to a working-class family from
Fujian, China, who migrated to the Philippines during the post WWII era. Tonys
father found work as a cook at a Buddhist temple in downtown Manila and
accordingly scrimped and saved so he could open his own Chinese restaurant in
order to provide for his family. His fathers hard work and perseverance made it
possible for Tony Tan Caktiong to earn a BS in Chemical Engineering at the
University of Sto. Tomas, the Philippines oldest university.

3. Cecilio K. Pedro - Lamoiyan Corporation


Cecilio K. Pedro is another Filipino businessman of Chinese descent but
his story is not the typical rags-to-riches tale but about turning adversity
into triumph. He earned his business management degree at the Ateneo
de Manila University, one of the more prestigious private schools in the
Philippines.

4. Alfredo Yao - Zest-O Corporation


Alfredo Yao's story is yet another rags-to-riches tale of a self-made
businessman who rose from poverty through hard work and
determination. He had to face lifes hard realities at the age of 12
when his father died; his mother tried to support Alfredo and five
other siblings with her earnings as a sidewalk vendor.Through the
help of a relative, he was able to finish his elementary and high
school education. However, he was unable to complete his college
education at the Mapua Institute of Technology, which he attended while doing odd jobs at a
warehouse of a packaging company.

5. Soccoro C. Ramos - National Bookstore

The matriarch of National Book Store, the Philippines largest chain of


bookstores, which retails not only all types of books, but also greeting cards,
office supplies and craft materials, was born as Socorro Cancio on
September 23,1923 in Sta. Cruz, Laguna. Socorros mother brought her and
her elders siblings to Manila when she was ten years old. Her elder sisters
helped augment the family income by working in a candy and bubble gum
factory. The young girl, however, was able to get odd jobs during summer by
peeling off the paper of discarded cigarettes for recycling purposes, and she was paid five
centavos for every pack of cigarette given to her.

6. Mariano Que - Mercury Drugstore


Mariano Que initially worked as an employee of a drugstore during the
prewar era but like most typical successful entrepreneurs, Que found his
opportunities after the war and during the advent of the American
occupation. The destruction of the prewar establishments left everyone
starting and rebuilding from scratch, and those who had a wider
perception of the peoples needs seemed to had the greater advantage.
7. Corazon D. Ong - CDO Foodsphere,Inc.
Corazon D. Ong is a dietitian by profession who used her knowledge
to create affordable processed meat products that could compete
with the already well known and established processed meat
brands. Initially, it was only a hobby where she could put to good
use her creativity and skill in culinary arts. She came up with
corned beef, hotdogs, meatloaf, hamburger patties and ham, an
entity that she later sold as a home business.She founded CDO Foodsphere in 1975; as the
products reputation for affordable quality became widespread, the demand for CDO
products likewise increased.
8. Engineer Gregorio G. Sanchez, Jr. - Lactopaf
Gregorio G. Sanchez, Jr. is a civil engineer by profession formerly
engaged in civil construction works. He served as a Provincial Board
Member in Cebu City, where one of his concerns was the malnutrition
among the pigs being raised. On his own, he went into research and
performed experiments using only pots and pans and a small tank as his
equipment. His persistence finally led to the development of a food
supplement that would smother the bad bacteria in livestock, which he
called LactoPAFI Probiotic Bacteria.

9. Ernest L. Cu - SPI Technologies Inc.


Ernest L. Cu transformed a simple data entry service company into becoming one of
the countrys largest outsourcing service providers. His companys core business
sources are mostly contracts for generating projects, which involve customer service
relationships and IT services. The CRM services became quite successful, which
spurred the growth of telemarketing services.
The demand led to the establishment of the first call center in the Philippines in 1999,
which was initially called as e Telecare International". The center is largely focused on

providing U.S.companies' outsourcing needs. The call center company later changed its
name to eTelecare Global Soltions in 2004.

10. Diosdado Banatao - Computer Chips


Diosdado Banatao was born to a rice farmer in an upland faming barrio in
Cagayan Valley and to a plain housewife; hence, one would have hardly
envisioned him as a Filipino version of Bill Gates,. As a child, he used to
walk barefoot just so he could acquire an elementary and high school
education. Determined to pursue a college education, he went to Manila,
took up electrical engineering and eventually graduated cum laude.

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