Top 10 Best Corporations in the Philippines

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Filipino-owned and operated companies have shown the world the Filipino entrepreneurial spirit. These ten corporations have started out as small companies and are now globally recognized as leaders in their own fields.

United Laboratories
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United Laboratories started as a small drugstore in post-war Philippines back in 1945. It slowly became the leading pharmaceutical company in the country, providing quality yet affordable medicine to every Filipino. The company’s products has also penetrated neighboring Asian countries such as Indonesia, Thailand, Malaysia, Singapore, Hong Kong, Vietnam, and Myanmar.

Jollibee Foods Corporation

Jollibee Foods Corporation is the mother company of popular FilJollibee Foods Corporationipino fast-food chain Jollibee. Tony Tan and his family founded the first Jollibee joint in Cubao in 1975. In 2007, the company opened its 600th Philippine store in Aparri, Cagayan and also a new branch in Las Vegas, Nevada, USA. In 2009, Jollibee celebrated its 31st year as the fast-food chain most loved by Filipinos.

SM Group of Companies
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The SM Group of Companies, regarded as the Philippines’ largest retail company, was founded by Filipino-Chinese business tycoon Henry Sy. It is comprised of retail outlets, shopping malls, banking and finance institutions, and property developments. The company as it is today is a far cry from the small shoe store Mr. Sy opened in Carriedo back in the 1950s.

San Miguel Corporation
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San Miguel Corporation is the Philippines’ largest food, beverage, and packaging company. It was founded in 1890 as a brewery and presently has 100 facilities in the Philippines, Southeast Asia, China, and Australia. Its divisions and subsidiaries include San Miguel Beer, Ginebra San Miguel, Incorporated, Coca-Cola Bottlers Philippines Inc., Purefoods-Hormer Company, San Miguel Packaging Products, and other businesses.

Ayala Corporation
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Ayala Corporation functions as the holding company of the many diversified interests of the Ayala Group. It is the oldest and largest conglomerate operating in the Philippines since its founding in 1834. Currently, the company is being headed by Jaime Augusto Zobel de Ayala, the older son of former chairman Jaime Zobel de Ayala.

Philippine Long Distance Telephone Company

The Philippine Long Distance Telephone Company is the largest telecommunications provider in the country. It was incorporated in 1928 following the merger of 4 telephone companies under US ownership. As of present, the company has grown to include fixed lines subsidiaries, wireless companies such as Smart Communications, Inc., and companies engaged in information and communications technology.

Filinvest Development Corporation

Filinvest Development Corporation is a company engaged in real estate development and leasing, financial and banking services, and the sugar business. It is controlled by the family of Andrew L. Gotianun Sr. through ALG Holdings Corporation. The corporation has several subsidiaries, namely Filinvest Alabang, Inc., Filinvest Land, Inc., East West Banking Corp., and Pacific Sugar Holdings Corp..

Lopez Group of Companies

The Lopez Group of Companies is the business conglomerate owned by the Lopez family of Iloilo. Its flagship company is Benpres Holdings Corporation which was first listed in the Philippine Stock Exchange in 1993. Among the businesses listed under its names are ABS-CBN, Maynilad Water Services, Inc., Meralco, Rockwell Land Corporation, Bayan Telecommunications, SKYCable, and The Medical City.

Metropolitan Bank and Trust Company
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Metropolitan Bank and Trust Company or Metrobank is the country’s largest bank in terms of assets, with 641.5 billion pesos under its name as of December 2006. The bank’s first branch was established by four enterprising individuals on 5 September 1962 in Binondo, Manila. Presently, the company has a combined network of over 800 local and international branches, remittance offices, and subsidiaries worldwide.

JG Summit Holdings, Inc.

JG Summit Holdings, Inc. started in 1957 when Universal Corn Products, Inc. (now Universal Robina Corporation) was founded in Manila. From then on, the business grew and expanded into different fields. Under its helm are Universal Robina Corporation, Robinsons Land Corporation, Digital Telecommunications Philippines, Inc., JG Summit Petrochemicals Corporation, Cebu Pacific Air, Robinsons Savings Bank, and JG Summit Capital Services Corporation.




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