Republic of the Philippines - Stamps & Postal History

RP Issues of 2011

 

HOMEPAGE

 

 

 

 

 

 

 

2011, July 20.  Yuchengco Group of Companies (YGC) Centennial

Litho Offset.  Amstar Company, Inc.  Perf. 14

Singles, Sheets of 40  (10 x 4)

 

   7p   YGC, Old and New Complex With Centennial Logo  -  Singles    (150,000)

 

Designer: Philippine Integrated Advertising Agency, Inc.

Design Coordinators:  Dr. Ngo Tiong Tak, Victorino Serevo

 

First Day Covers:  Manila

   


THE YUCHENGCO GROUP OF COMPANIES

The success of YGC is mainly attributed to its leader, Don Alfonso Yuchengco. When Don Enrique Yuchengco passed away in 1953, he left Don Alfonso all the businesses and its management. Using what he learned from his father, he is able to make the companies flourish even during difficult times.

One of the keys to Don Alfonso’s early success in business is his ability to make friends and interact productively with business colleagues. The valuable contacts and opportunities he developed through his social network helped his companies expand rapidly. Associates like to point out that his openness to setting up joint ventures, especially with foreign partners, has been one of his most important assets. 

Don Alfonso’s career has spanned many eras starting from the Philippine Commonwealth, through the Second World War, the years of economic expansion in the 1950s and 1960s as well as the difficult years of martial law in the 1970s and 1980s. Throughout his career as a businessman and a diplomat, he consistently espoused social discipline and national pride. His belief that both are necessary ingredients for progress and development has served his companies and the nation well.

Given the YGC’s character and civic-mindedness, Don Alfonso Yuchengco felt the need to turn over some of the profits from the many thriving companies to a well-planned system of philanthropy. In 1970, the YGC established the AY Foundation, Inc. to handle most of his charitable donations and to monitor long-term civic projects. The chosen beneficiaries represent a broad range of activities but they are all related to issues that hold personal significance for Alfonso Yuchengco.  Their generous donations have directed largely toward helping the disadvantaged children enjoy the vital necessities of life, enhancing educational opportunities, supporting the arts and protecting the environment.

http://ygc.com/index.php

 

 

TOPICAL CATEGORIES

 

  • Business / Commerce

 

Articles by Dr. Ngo Tiong Tak

 

Back to the Top

 

Issues of 2011