The Philippines Largest Companies | How Big is it?
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- Опубликовано: 18 май 2024
- The largest companies in the Philippines are worth tens of billions of dollars.
Narrated by Tom McKay
Video Edited by iyanbriandi
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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
Philippines has improved a lot
Love from Bangladesh 🇧🇩
My brother Philippines 🇮🇩❤️🇵🇭
🇵🇭❤️🇮🇩
We love Indonesia too.
Devaluation of peso will continue in fast pacing so long as Philippine government continue borrowing to fill up the annual budget deficits .
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.
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
Philippine conglomerates are very conservative and prudent. So, very few go bankrupt.
Philippines companies are big mostly in north east Asia or some South Asia countries but not globally bigger
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.
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
India ❤ Philippines
remittances from ofw around the world are the ones keeping the philippine economy alive
nah from the past yeah. But BDO is already the one keeping Philippine economy alive. Not just OFW REMITTANCES anymore.
@@shaojugoto6926BPO not BDO
@@shaojugoto6926BDO MARAMI DYAN OFW NAG HUHULOG NG PERA AT NAG IIMPOK 😅😅
Hello to My Filipino Friends 😊😊
It's like Samsung, Lotte Hyundai to South Korea..
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
The largest companies in the Philippines are worth tens of billions of dollars.
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.
SM mall is big company here in the Philippines SMC🎉😂
And your point is?
😂😂😂😂
are we progressing in the manufacturing and industrial fields. Big companies are in service and banking and finance.
Jollibee is well known fastfood company
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
How About Govt. Crocodile Group of companies?
There is also a company called: mall of Asia. It's where every Asian comes well not all
Feature the biggest microfince in the philippines please
Peso against dollar a big deference
Rise up philippines
ini saudara indonesia ❤
Remember that we are still third world country, Indonesia and Malaysia are 2nd world countries. Value of stuffs in PH is still far lower.
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.
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.
Im from US and this is not the way you compare companies
this happen due to only few Filipino engage in Investment and stock.
🇵🇭🇵🇭🇵🇭🇵🇭🇵🇭🇵🇭
I see little pinks.
LET GO IM SECOND
Meanwhile: The Sy family, ranking 9th among Asia's richest, remains focused solely on the Philippines market. 😂
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
The secret this big xompany is low salary and a lot of overtime 😂😂😂😂😂
Bro q1 asean gdp growth please
MAKE JOLLIBEE GREAT AGAIN. NOW, MCDO CHICKEN > JOLLIBEE IN PH.
Really? Comparing ph companies in international companies?
Why not? I'm sure those companies compare themselves to bigger companies to strive to be better. Trying to dismiss bigger and better completion just so your feeling doesn't get hurt is the wrong thing to do.
Yes Philippines companies have edge to the best of the world like Mc Donald's, Jollibee of Philippines beat Mc Donald's in Phillippines in sales
@@nico77212 no need many Filipino doesn't even know what is market competitor
san miguel can be a good competitor
Then Let's compare it to Samsung and LG 60 years ago because that time they are good at creating toothpaste and beauty products.
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
フィリピン、まだまだです😅
Doupoly becouse of 60/40 no competition among foreign brand there service are trash here in philippines
6th?
Sabi si Villar pinakamayaman hahaha ang layo pa ni Villar sa totoo Lang hahaha yang mga ranking talaga deceiving
Lmao... I'll take the third place, then 😂
.
“Alcoholic brand” 🤣
1st
im 5th
Are you one of the many Filipino street children that asked me for money?
im 4th
you forgot cebu pacific🤣🤣🤣
Lol
your data is not true
Biggest company in philippines is OFW lol
Philippines largest companies are EXPANDING worldwide while known biggest companies are DECLINING and LOSING! LOL!😂
What is the point of this video. Chinese bots
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 .
Is this a chinese political propaganda? 😂😂😂
Their labor rate is so
Low with such low wages !!
pldt is owned by indonesians😂
maybe Indonesia should annex Philippines lol. jk jk. You guys rock!
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.
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
Petron have big sales coz of higher interest🥲