Earliest recorded proposal on trade expansion, economic diversification, and development

Creation of the “general economic plan” by Governor General Basco

Establishment of the Sociédad Económica de Amigos del País: the “voice of love for the Motherland”—a body that would generate ideas for projects that are practical and for economic development

Establishment of the tobacco monopoly

Establishment of the Réal Compañía de Filipinas: tasked to subscribe funds that would implement the projects and the ideas of the Sociedad. Manila was opened to more traders from Asian neighbors.

Regulation of the libre comercio, which opened trade of Spanish Indies to ports besides Cadiz and Sevilla (the principal ports of the Manila–Acapulco galleon trade)

Manila was opened to more traders from Europe and America, but initially utilized by Asian shipping merchants

First English (United Kingdom) trade houses set up in Manila port

Last galleons depart from Manila to Acapulco.

Last galleons to arrive in Manila from Acapulco, marking the official end of the galleon trade

Publication of the Estado de las Islas Filipinas en 1810 by Tomas de Comyn, which is intended to present a general administrative plan of the colonial government for economic prosperity Liberation of Mexico from Spain: colonial affairs in Manila directly supervised by the Spanish crown.

Value of Philippine exports reached one million peso level

Creation of a board of appraisers. Thirty-nine merchant houses were already setup in Manila (by French, American, and British traders).

Manila officially became an international port with no restrictions (censorship of goods, and other customs duties)