1975 – Waco Trading Phils., Inc. opens in Manila, Philippines as a joint venture between Ramon B. Arnaiz (60%) and Walter Colsen (40%). The company has its head office in Tokyo, Japan with other branch offices in South Korea and Hong Kong. Waco Trading functions as the Philippine representative office of Waco Trading, Inc. of Tokyo, Japan, trading various commodity products and purchasing Philippine consumer goods for export.
1980 – Ramon B. Arnaiz buys out Walter Colsen and changes the name of Waco Trading Phils., Inc. to Raco Trading Phils., Inc. The new company now focuses its activities in two main areas:
- trading steel and metal products; and
- acting as a purchasing and export agent for locally manufactured garments and general merchandise.
Raco Trading Phils., Inc. becomes the Philippine representative for some of the largest foreign retail organizations and mail order houses, among which are Otto Versand of Germany, Great Universal Stores of the United Kingdom and Wehkamp of Holland.
1986 – Raco Trading Phils., Inc. enters into a joint venture with Elders IXL of Melbourne, Australia. 40% of Raco Trading Phils., Inc. is purchased by Elders IXL. The company focuses its operations on commodity trading, mainly in metals and minerals.
In addition, two new subsidiaries are created: Raco Commodities Phils., Inc. and Raco-PSA Phils., Inc. Raco Commodities is to specialize in trading coconut oil and coconut related by-products, and Raco-PSA carries on the original activities of procurement and export of Philippine-made products.
1990 – Raco-PSA Phils., Inc. and its exporting agencies are sold to Dodwell Philippines, the largest buying office in Asia and a member of the Inchcape Group of Companies of the United Kingdom. Raco Trading Phils., Inc. and its subsidiary, Raco Commodities Phils., Inc. prosperously continue its trading activities.
1992 – Ramon B. Arnaiz buys out Elders IXL and becomes the sole owner of Raco Trading Phils., Inc.
1993 – Raco Trading Phils., Inc. successfully pre-qualifies Fabrica Nacional de Moneda y Timbre of Madrid, Spain with the Bangko Sentral ng Pilipinas (Philippine Central Bank) for the supply of banknote paper and concludes the initial supply of banknote paper from Spain.
1995 – Shares of Raco Trading Phils., Inc. are sold to members of the company's management. In instituting this policy, Ramon Arnaiz has assured the continuity of the Raco Group of Companies through the integration of management into the company's equity structure.
1997 – Raco Trading Phils., as the exclusive Philippine agent for Carter Holt Harvey of Auckland, New Zealand paperboard supplier, introduces high performance kraft linerboard in Davao and develops strategic paperboard supply relationships with key fresh fruit exporters.
1999 – Raco Commodities Phils. Inc. establishes direct links with numerous coconut oil end-users and dealers in both the European Union and other foreign markets. These links become active channels between origin shippers and foreign buyers enabling trading and the exchange of first-hand market information.
2006 - Raco Trading Phils., Inc. formalized representation with Kwok Fung (Sino HK) Enterprises Ltd., a Hongkong based trading company representing Nine Dragons Papermills that manufacture kraft top linerboard and recycled corrugating medium. Raco Trading Phils., Inc. develops and establishes sales of Nine Dragon products in the Philippines.
2009 – Raco Trading Phils., Inc. expands its business interests in the aerospace industry with its appointment as the exclusive Philippine representatives for International Aero Engines (IAE), Connecticut, USA.
2010 – Raco Trading Phils., Inc. is appointed the exclusive Philippine agent for Embraer Executive Jets to promote and sell Embraer’s family executive jets in the Philippine market.
2012 – As the Philippine representative for Manildra Group, Australia, Raco Trading Phils., Inc. commences developing prime grade wheat starch as a viable alternative raw material for the local corrugating industry.