Dee C. Chuan
Dee C. Chuan (August 13, 1888-October 27, 1940) is considered one of the most prominent Chinese Filipino businessman of the American era. He is known primarily as one of the co-founders of the present-day China Banking Corporation.
He was born in in they year 1888 in Jinjiang county, Fujian province, China. He was educated there and in Xiamen. He immigrated to the Philippines in 1901 to join his father Calixto Dyyco in Manila in the family's lumber dealing business. To master English he was sent to St. Joseph's College, Hong Kong in 1904. Upon his return at 18 years old he assumed management when his father retired to China.
He expanded vertically into the business of lmbr manufacturing in 1912 when he established Dee C. Chuan and Company. From a small sawmill in Tondo, Manila, he acquired the Negros Philippine Lumber Company in 1920. With NPLC he also acquired a 20-year concession from the Bureau of Forestry to log at Cadiz, Negros Occidental. At the time of acquisition NPLC was already exporting to the US West Coast and had a total of 12.4 million board feet of production.
Dee Chuan expanded into shipping with Singbe Transportation Company, tasked with serving the interisland shipment of lumber between Cadiz and Manila. In 1928 he incorporated Philippine Lumber Manufacturing Company to oversee its new franchise of logging and sawmilling at Catabangan, Camarines Sur.
Mr. Chuan was nicknamed the Lumber King in 1920s and 1930s but tragedy struck in February 1931 when a fire destroyed the mill at Cadiz.