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Top Business in The Philippines

The document provides brief summaries of 12 major Philippine companies: United Laboratories, Jollibee Foods Corporation, SM Group of Companies, San Miguel Corporation, Ayala Corporation, Philippine Long Distance Telephone Company, Filinvest Development Corporation, Lopez Group of Companies, Metropolitan Bank and Trust Company, and JG Summit Holdings, Inc. It outlines the founding and growth of each company, from their origins in the post-war or mid-20th century Philippines to becoming leading conglomerates in various industries today.

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Eunice Valeroso
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274 views5 pages

Top Business in The Philippines

The document provides brief summaries of 12 major Philippine companies: United Laboratories, Jollibee Foods Corporation, SM Group of Companies, San Miguel Corporation, Ayala Corporation, Philippine Long Distance Telephone Company, Filinvest Development Corporation, Lopez Group of Companies, Metropolitan Bank and Trust Company, and JG Summit Holdings, Inc. It outlines the founding and growth of each company, from their origins in the post-war or mid-20th century Philippines to becoming leading conglomerates in various industries today.

Uploaded by

Eunice Valeroso
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Valeroso, Eunice Pearl L.

BS-ENTREPRENEUR
01/05/16

ENTREP11 TTH 1:30-3:00PM

United Laboratories

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 companys 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 Jollibee Foods


Corporation filipino 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

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

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

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

Metropolitan Bank and Trust Company or Metrobank is the countrys largest bank in
terms of assets, with 641.5 billion pesos under its name as of December 2006. The
banks 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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