Wee Bin

Chinese businessman
The basics

Quick Facts

IntroChinese businessman
PlacesChina
wasBusinessperson
Work fieldBusiness
Gender
Male
Birth1823, Singapore, Singapore
Death1868 (aged 45 years)
The details

Biography

Wee Bin (Chinese: 黃敏; pinyin: Huáng Mǐn; Pe̍h-ōe-jī: Ûiⁿ Bín) born in China in 1823, was a Chinese migrant of the mid-nineteenth century who founded what was, at the time, Singapore's largest Chinese shipping firm.

At the age of thirty-three, Wee Bin founded Wee Bin & Co., under the chop Hong Guan, in 1856. The firm was based in Market Street, and became prominent in the 1860s. Wee ran the firm according to Western business practices. Wee Bin, through his firm, carried on business as merchants and shipowners. At first, he began business relations with various trading houses in Bali (then part of the Dutch Indies), and eventually became the greatest importer of products from that port. He also traded in all kinds of earthenware, and later on built up a fleet of over twenty vessels for the Chinese and Dutch Indies trade. With increasing interest in the tin mining industry and the need for more and more people to work the mines, Wee Bin was also responsible for carrying migrant workers from China to work in the Straits Settlements.

Wee Bin married the daughter of Kiong Kong Tuan. He died in 1868 at the age of 45, leaving an only son, Wee Boon Teck, and an only daughter. Wee Bin's daughter married Lim Ho Puah, who would later take over Wee Bin & Co., before passing it on to his fourth son Lim Peng Siang.

The contents of this page are sourced from Wikipedia article on 14 Jun 2020. The contents are available under the CC BY-SA 4.0 license.