The Philippines Largest Companies | How Big is it?
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- Опубліковано 27 вер 2024
- The largest companies in the Philippines are worth tens of billions of dollars.
Narrated by Tom McKay
Video Edited by iyanbriandi
Inquiries: behindasian@gmail.com
Brought to you by the Behind Asian Team.
What is the biggest Philippine company that you know of? Let us know down below!
Jollibee
Ph biggest companies are sm of the sy family, bdo also of the sy family, ayala land and bpi of the ayala group, san miguel corp,jollibee, megaworld, to name a few.
Ayala land smdc megaworld are the largest philippines real edtate developers.Ayala land is the most predtigious for it mostly concentrate in developing the most luxurious condos housing and landscaping suitable for the taste of pilippine elite and foreigh expatriates ambassadors and business people.
SM got its 86th Mall open
SM Caloocan
May 17,2024 is the date it opened
They operate in the philippines where goods and services are much cheaper, so its not a problem, further, they hold the market, so even if a foriegn company comes in, its not like theyll be put out of business. These companies having lower in value is a actually a good sign for the locals, because it means the goods and services are in line with the purchasing power of the citizens and therefore they do not drive inflation that much.
and yet they can't raise their employees salary
@@letsg4353 Exactly.
"If a foreign company comes, it's not like they'll be put out of business" yes because chances are, these local companies own 60% of that "foreign" competitor. A stupid PH law requires foreign investors to give up 60% of their ownership to a local partner. The only reason these businesses are afloat is because that law allows them to not have competitors or they're co-owners of their supposed to be competitor. No competitor = they can milk the market all they can despite having overpriced and poor quality products/services, focused more on profit rather than improving their services (investing in tech, trainings etc). This is the reason why they only succeed/operate in the Philippines because they're waaaay behind of what their regional counterparts have to offer and can't compete.
@@emjhaayy What do you expect look at the Philippine senate the people arent knowledgeable enough to vote wisely
@@zone.9106 Wait till you realize that votes are not just earned but mostly bought.
My brother Philippines 🇮🇩❤️🇵🇭
🇵🇭❤️🇮🇩
We love Indonesia too.
I love gudang garam best kretek cigarette
INDO PHIL! LESGO!
I love the peanai pokipoks 🍆💦💦💦💦🇸🇽
It’s not a fair competition. The gap between the Philippine peso value vs the US Dollar value is so wide.
It is fair. Then why don't you guys increase the value of your money?
@@JingJao They dont have enough debt to increase the value of their money
@@gangstagummybear3432 Then why don't you sell things that other countries want, so that you can increase the value of your money? Why not semiconductors? Silver? Defense products? Medicines? Biotech research?
Why can't you people produce these things. If you make these, your currency will be stronger.
@@JingJao Im not from PH, alot of things simply havent happened there because they have just discovered alot of the resources they have in their lands, do you have any proof they dont have such things like this? No, no you dont, you couldnt possibly have researched, just assuming
@@gangstagummybear3432 I sure as hell know they have a hundred million people. That’s their biggest resource. I’m simply suggesting to use that, like korea and Taiwan did
Most Filipino Companies are conservative. They are not aggressive enough to expand outside their main business and market. They are confined to their Philippine / Filipino market and with their traditional businesses. Even when Jollibee expands to other countries they are still focus on "Filipino" market.
San Miguel, Ayala and SM the biggest companies in the Philippines they have limited expansion outside the Philippines. You rarely see San Miquel products abroad and you cant see BDO or BPI banks in other countries. Whereas, there are Malayan Bank branches in Philippines. Indo foods products are common in Philippine supermarket.
Also, Vinfast EV will soon be sold in the Philippines.
Yeah peanoi product quality is garbage. It makes the white man’s stomach sick 🤢
Philippines has improved a lot
Love from Bangladesh 🇧🇩
No we didn't improve, we got worse
Yes we are improving. Only the bitter people cannot move on due to politics. Our president is indeed very brilliant that some bitter Filipinos cannot accept the fact that they are loser.
@@scorpionvenom828spotted the low ay cue 31 milyon 😂
Improved? My brother in Christ!! We degraded!!
@@kgb976 well you just bitter btw our inflation rate was 3.5 now. Actually I have more investments now compare in the past 😁 you what did you invest?😅 Find a job bro😂
Philippine conglomerates are very conservative and prudent. So, very few go bankrupt.
Nice videos but I still think few people should be checking comments on videos to just see if there’s a reason to make huge profits by working from home
You are right about this with me all good why don’t people give us their opinion on how each and everyone of us can make money massively
You are right about this with me all good why don’t people give us their opinion on how each and everyone of us can make money massively
Could you please explain how beginners like me can start making this much
The fact that I got to learn and earn from his program is everything to me, Think about it, it's a win-win for both ways
Does he also offer mentorship, lecturing and tutorials?
How do I connect with him Please😢
India ❤ Philippines
You aren’t comparing apples to apples. You compare jfc to mcdonalds, but mcdonalds is not only older by 35 years, but also has a larger and richer base market, the American market. While comparing Philippine banks to Indonesian ones is also unfair since not only does Indonesia have a larger population thus more people to get money from, but also has a larger economy, and we can see when compared to banks from countries with similar size, population, and economy Philippine banks are comparable if not slightly ahead.
He isn't trying to say that this company is better than this company, he is just trying to compare its value.
@@nico77212 yeah he’s comparing the companies’ values to each other and in terms of financial that’s literally which is more important. Imagine I compare a start-up to apple or google, or a company from a third world country to one of a largest companies in the states oh wait that’s literally what he’s doing in the video.
@@1cho456 sure, compare them to each other, no one is stopping you. Then what? One is worth 100$ the other 10000 times more. End of story. Was there any lies said?
@@1cho456 he isn't trying to make equal comparisons, saying this is equivalent to this. He is just showing its value compared to other bigger companies. Oh I don't know, to strive to be better?
@@nico77212 it’s misleading…. Believe what you want but it is not fair. Saying that one company is better just because of a factor that the other company can’t control is unfair.
Philippines companies are big mostly in north east Asia or some South Asia countries but not globally bigger
Where the heck is northeast asia? Probably penguins lives there.
You’re a blabbering clown 🤡
remittances from ofw around the world are the ones keeping the philippine economy alive
nah from the past yeah. But BPO is already the one keeping Philippine economy alive. Not just OFW REMITTANCES anymore.
@@darknessloopBPO not BDO
@@darknessloopBDO MARAMI DYAN OFW NAG HUHULOG NG PERA AT NAG IIMPOK 😅😅
@@darknessloop True, BPO is a fast growing industry and is contributing significantly in the country's GDP. I wonder what are the consequences…
exports of electrical and electronic equipment $40.58 billion, remittances $33.491 billion, BPO $35.9 billion
The largest companies in the Philippines are worth tens of billions of dollars.
As Philippine companies grow big, they become less risk takers. They know how they are responsible for many people's livelihoods, as well as its impact on the Philippines' economy if things go wrong for them, which makes them more cautious when it comes to new projects or expansion.
So true, one thing is the local work culture hasnt progressed as well compared to global businesses. The mindset and work culture has to change to grow bigger
Also most of the largest philippine companies deal with real estate business that makes the country's manufacturing side very weak even agricultural products are being imported.
ayala: the quiet multi billionaires . They literally have locations named after them. They are basically the ones directed bybthe government building entire new cities like bgc /nuvali / clark 😂. They are quiet nowadays
The comparison with Petronas gas is absurd. It is because the Petronas Gas is just one of Petronas' subsidiaries. Fact is, the parent company itself, which is Petronas, is not publicly traded company. Petronas is owned by the government. In Q1 2024 alone, Petronas generated revenue of 20 Billion USD with net profit of 5 Billion USD.
Devaluation of peso will continue in fast pacing so long as Philippine government continue borrowing to fill up the annual budget deficits .
Exactly, AND WHY DID OUR NEIGHBOURS CHOOSE TO VOTE FOR A DICTATOR
@@reetusbeetusDumbass neighborhood voted for Marcos cuz Sara was gonna be with him as a vice president when all this time Marcos just used Sara Duterte to win the election and unfortunately the president term now is 6 years
@@reetusbeetusas long as there are a lot of uneducated people, the cycle of electing corrupt leaders will continue
Rise up philippines
It's not true PHILIPPINES are rising i watched from other videos and news and also PHILIPPINES are working their own imprestructure like new trains and buildings and skyways.
i dont believe that Philippines is a rising countries cuz ordinary citizens dont feel that . unlike Vietnam and Thailand
SM mall is big company here in the Philippines SMC🎉😂
Why would you expect Jollibee would be as big as mcdonalds? In terms of history and experience they are decades apart.
Because then failed to expand outside the Philippines earlier. They just started maybe around 5 to 10 years ago. The Philippine market is extremely small.
These companies are still growing and growing fast.
Thank you for this eye opening information how these considered big companies in Philippines are doing internationally and globally by benchmarking the sizes and performances of the Giants such as J.P Morgan Chase and Mcdonalds. One day, there will be a leader that will change that competitiveness of Philippines globally. BDO, Ayala, San Miguel etc. have to raise the bar of their competitiveness and be more open on how to disrupt strategically the global business to compete and to win the global arena.
It just means they are less reliant to other countries, it hurts it but also makes it a bit more inflation proof compared to the US in a way.
Did anybody find reason about Petron's valuation?
are we progressing in the manufacturing and industrial fields. Big companies are in service and banking and finance.
BA did a great job for this video. I am not a finance person but I think you missed some companies. i.e. PLDT Smart and others... 😊
As what Miriam Defensor said, Philippines is a not heard country from abroad. Which is actually true because the market is not very welcoming to foreign investors.
this happen due to only few Filipino engage in Investment and stock.
Im from US and this is not the way you compare companies
Peso against dollar a big deference
Be realistic, how can the Philippine firm chance to be a successful if the big and famous countries in Europe and USA is always dominating international in global market since 18th centuries with their big names traditionally, do they gave a chance to the poor countries in Africa Asia and South America?? I‘m very optimistic that the Philippine go further and this is the beginning. Philippine economy is going up faster like a lightning !!
Yeahh corrupt official will follow them
It can if the government supports them well look at South Korean companies like Samsung and others it just started in 20 th century
Why are you comparing Petron with Chandra Asri? Their core business is very different. You should compare it with Pertamina Indonesia...hehehe
Pertamina Indonesia juga masih lebih baik
Phillipines would already be an power if the martial law did not happen before the martial law 1dollar equaled 2 peso
Now its 50-60 peso per dollar its not even fair
If we kept the PHP and the currently went back to that value we should be the #3 richest country(I even doubt we c9uld be in that rank even if that value was kept)
If martial law didn't happen we are communist today 😂
Will Jollibee is a big company in Philippines Jollibee even overshadowing McDonald's in the Philippines cuz Jollibee follow the Filipino favorite sweet food
That's only in the Philippines
Will we have Pinoy pride or Philippines pride for the English and I'm a Filipino kamusta hello see alam ko ang Tagalog I know Tagalog see kita
I love Philippines country
Yes 60+ families.
What do you want to project Mr. Tom McKay? And what is your qualification to say about these things?
Offended? 😂😂 naka ilang ulit na si kuya ng source nya, wag kang matrigger sa mga totoong bagay
It is common for a "foreign company" to come and go in any country in terms of investment, but the question is: how many of these foreign companies are leaving the Philippines, and at what percentage, in comparison to other countries with a high number of foreign companies leaving? Obviously, this source lacks credibility, considering that China is the country with the highest number of "foreign companies" departing due to its economic crisis.
this is such a nice information
good insight
And your point is?
😂😂😂😂
I mean it literally in the start of the video 🤦♂️
There is also a company called: mall of Asia. It's where every Asian comes well not all
and they are made by Chinese not like the neighboring SEAN countries Phil is dependent on china
How About Govt. Crocodile Group of companies?
They devour big chunks of any financial gains.🤣🤣🤣
huh so the first comparison was regional and then second was jollibee against the top dogs and no regional ones?
ini saudara indonesia ❤
Philippines couldn't even manufacture sports shoes 40 years ago!
Fr, it's just commercial and cultural shoes.
Why does your thumbnail say "Asia's Loser" ? Clickbait?
The largest company in the Philippines are caregivers, every year young Filipino caregivers contribute 36% of the Philippines' foreign monetary reserves
You have a very weird definition of the word company
We know philippines is only no.4 human exporter ,no1.still india no.2china .no3 mexico no.5egypt😂so don't worry your country of origin stil ahead of exporting slave .
the thing about fastfood chains.. they dont have an army of people promoting to their friends unlike jollibee 🤣🤣
Philippines largest companies are EXPANDING worldwide while known biggest companies are DECLINING and LOSING! LOL!😂
Monopoly keep the people poor, give big salaries to managers, f@ck the rank in file employees.
yeah my country really needs some debt rn
Since the title mentioned Asia, JFC should be compared to other asian owned fast food chain. It would be asia's largest then.
Ph is slower in terms of development but its trajectory is upwards. Some of our neigboring rich countries only have impeding doom in front of them, dwindling population and unhappy citizens. Stay positive ph
MAKE JOLLIBEE GREAT AGAIN. NOW, MCDO CHICKEN > JOLLIBEE IN PH.
Cagayan is not in luzun😢😢😢
Yup. rich clan will continue to be rich while poor will continue to be poor in the Philippines
Feature the biggest microfince in the philippines please
you forgot cebu pacific🤣🤣🤣
Gcash became useful during pandemic.
I just find the thumbnail very click bait-y.
Have a realistic comparison please😅 you forget that Philippines is belong to a 3rd world country which is weather we have a multi-billion worth of valuation of a corporation here, it just a portion of the 1st world country.
I see little pinks.
Jollibee is well known fastfood company
Doupoly becouse of 60/40 no competition among foreign brand there service are trash here in philippines
Why you asia stell Filipino food in jollibee from Philippines 🇵🇭
I will withdraw my 1000 peseos from BDO.
Philippines womp womp
What is the point of this video. Chinese bots
🇵🇭🇵🇭🇵🇭🇵🇭🇵🇭🇵🇭
Sabi si Villar pinakamayaman hahaha ang layo pa ni Villar sa totoo Lang hahaha yang mga ranking talaga deceiving
LET GO IM SECOND
You crack me up with these videos, seems like the objective of your channel is just to make a video making things look over PH stuff, thats moronic, the lack of context behind why all these global corporations are bigger than PH ones is immense, but I understand this is the way that channels get subs and thumbs up, creating a point of look down on PH must equal success on here amongst the Filiipino/Philippines hate crew.
I believe you didn't fully watch the video, also you seem to have a low reading comprehension, typical for a pinoy
Aquino terrado choco tablea
フィリピン、まだまだです😅
Their labor rate is so
Low with such low wages !!
“Alcoholic brand” 🤣
6th?
Is not all loser😅 is your Mom
Lmao... I'll take the third place, then 😂
1st
2 words
Tax evasion 😜
Biggest company in philippines is OFW lol
Philippine companies are not big.
Lol
im 4th
im 5th
Are you one of the many Filipino street children that asked me for money?
Everything u said is absolutely correcr and no argument about that. Comparinf it to the world maybe non sense but necesarry
Indonesia and the Philippines are similar countries. the disease is similar. Equally unattractive to investors.
Rich democracy countries do not want to invest in poor democracy countries. they choose to invest in monarchical or communist countries. they know their own background, that democracy is ineffective, inefficient, filled with mafia and corruptor.
Is this a chinese political propaganda? 😂😂😂
maybe Indonesia should annex Philippines lol. jk jk. You guys rock!
your data is not true
I am the richest, I am the son of God. - Quiboloy 🤣✌️
Market cap is the worst valuation.
Pinoy baiting again
Not really I guess, it has nothing to do with poverty porn or praising locals and places cuz there are only few Filipinos who are interested in business and economic topics
It's not? Compared to most pinoy baiting videos, this one is actually informative.
@@soulblade3291 True
Petron have big sales coz of higher interest🥲