The Future Directions of Chinese Business in the Philippines

The purpose of this dissertation is to study the future direction of business among Filipino Chinese businessmen in the Philippines. Descriptive method was used using 30 Filipino Chinese businessmen who had been actively managing their business enterprises for at least three years in 6 cities of the National Capital Region, namely, Makati, Manila, Quezon City, Paranaque, Pasig, and Mandaluyong. They were chosen in the study to provide substantial information regarding their experiences in managing business in the country. Results revealed that strong family relationships, meaningful friendships, and business partnerships are characteristics of business practices which nurtured the growth of Filipino-Chinese business in the Philippines. Ethics was regarded as a significant factor behind their success and profits and Chinese businessmen adopted performance-oriented measurements of success with a deliberate effort to improve management skills. They discovered the need for business enterprises to use new and valuable business practices and styles to cope with globalization apart from analyzing company customers, suppliers, competitors, employees, shareholders, and media as well as trust the government and its agencies for protection and exercise of rights. Towards the end, they tend to realize they posed positive outlook on the future of their businesses with their trust in the incumbent President and his economic advisers.

Keywords: Filipino Chinese businessmen, Future directions of Chinese business