Then & Now - Yuchengco St
December 4, 2008During the Spanish period, Nueva street is one of the 1st class business districts in Manila. If European businesses were allowed in Escolta, Filipino and Chinese mestizos were allowed to sell their products in Nueva street (now Yuchengco).
For generations, this busy stretch has always been known as the “new” street. It was opened in the year 1863 to ease traffic from the district’s main avenue, the Rosario street, (now Quintin Paredes).
Calle Nueva was renamed to Yuchenco street after businessman Enrique T. Yuchengco, founder of the Yuchengco Group of Companies. Certainly, Manila city government is doing a very good job in renaming these historic street names.
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