Philippine Investment Management (PHINMA), Inc. was established on November 19, 1956 by a group of industrialists headed by the late ambassador Ramon V. del Rosario, Sr., Don Felimon C. Rodriguez and Ernesto O. Escaler, to establish businesses in the fields of project development, corporate management and business consultancy.
With their accomplishments in their respective fields, these visionaries set themselves apart by thinking big for the country and its people. They believed in developing Filipino entrepreneurship, in promoting the professional management skills of Filipino managers, in corporate social responsibility, and in community building.
With the establishment of PHINMA was the birth of a business organization that would give rise to a culture of excellence – one that contributes to the development of Filipino Enterprises. The first project of PHINMA was the acquisition of the Cebu Portland Cement Plant in Bacnotan, La Union. After winning the bid for this cement plant, PHINMA investors established Bacnotan Cement Industries Inc. on March 12, 1957 to hold its investments in the cement industry. This later became Bacnotan Consolidated Industries Inc. and is now known as PHINMA Corporation.
PHINMA, Inc. believes in Making Lives Better. Anchoring on the principle that private business has a distinctive role to play in the country’s development, PHINMA’s mission is to help build the nation through competitive and well-managed business enterprises that enable the Filipinos to attain a better quality of life. At present, PHINMA, Inc. is invested in affordable quality education, clean reliable energy, value-for-money urban housing, secure and reasonably-priced lodging, and other services that provide Filipinos better access to the essentials of a dignified life.
The success of the various business interests of PHINMA is a living testimony that corporate social responsibility can be integrated into the core strategy of the business. At PHINMA, our business is our CSR, and our CSR is our business.