Word: manila
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...equally openhanded with his employees, pays them the highest factory wages in the Far East, knows as many as 2,000 by name. They get a free 100-lb. monthly ration of rice, free medical care, lifelong pensions, and have a commissary with the cheapest prices in Manila. When a toy shortage developed just before Christmas, Soriano dispatched a special P.A.L. plane to Hong Kong to pick up a load of toys for his employees' children...
...Manila's block-long Soriano Building, the employees have a saying: "Pick up any piece of paper with writing on it from any drawer or table, and you'll find Soriano's initials on it." Don Andres Soriano not only leaves his mark on a mountain of paper work, but keeps a thumb on just about everything that moves in the Philippines. He is the islands' best-known businessman, biggest philanthropist, runs an industrial empire which provides the livelihood for 80,000 Filipino families. His enterprises' taxes (close to $30 million a year) make...
...year with a $350,000 profit, this year chalked up a first-half net of $636,000, 33 times as much as in the same 1950 period. Next to giant Pan Am, it is now the most profitable international airline in the world. It has 43 planes, routes from Manila over two-thirds of the globe to the Far East, Spain, England and the West Coast of the U.S. Soriano is its unquestioned boss. When the government began meddling last April, he quit; more than 1,500 employees staged mass demonstrations, and the government, to coax him back...
Bubbling Suds. Soriano, a U.S. citizen since 1945, began his empire-building as a 21-year-old accountant in Manila's San Miguel Brewery. Within six years he rose to general manager. He plowed most of his salary and all the money he could borrow into expanding the business. Today the brewery grosses more than $30 million a year, netted $3,500,000 in 1951's first half...
Tuesday is Father Hofstee's day off. He climbs into his battered Dodge truck and bounces 20 miles south over the rough road to Manila, where he spends the day doing errands for his lepers, visiting their relations and raising money. The four years he has been there have made quite a difference in Tala. The village is a community now, instead of a human dump heap. Though the population has increased by more than 100%, the lepers are well housed and well fed, with a library, two schools, a nursery, weekly dances, movies and an elected government which...