The Philippines Largest Companies | How Big is it?
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.
Пікірлер: 444
What is the biggest Philippine company that you know of? Let us know down below!
@AstroYT_offical
Ай бұрын
Jollibee
@noylee292
Ай бұрын
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.
@noylee292
Ай бұрын
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.
@saicodu
Ай бұрын
SM got its 86th Mall open SM Caloocan
@saicodu
Ай бұрын
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.
@letsg4353
23 күн бұрын
and yet they can't raise their employees salary
@RaffyART1995
16 күн бұрын
@@letsg4353 Exactly.
@emjhaayy
14 күн бұрын
"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.
@zone.9106
12 күн бұрын
@@emjhaayy What do you expect look at the Philippine senate the people arent knowledgeable enough to vote wisely
@Glenox21
11 күн бұрын
@@zone.9106 Wait till you realize that votes are not just earned but mostly bought.
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.
My brother Philippines 🇮🇩❤️🇵🇭
@androidleeno7172
Ай бұрын
🇵🇭❤️🇮🇩
@aden1013
Ай бұрын
We love Indonesia too.
@diazromeo5506
14 күн бұрын
I love gudang garam best kretek cigarette
@kanon1118
13 күн бұрын
INDO PHIL! LESGO!
Philippines has improved a lot Love from Bangladesh 🇧🇩
@fishbones3650
17 күн бұрын
No we didn't improve, we got worse
@scorpionvenom828
13 күн бұрын
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.
@miaya3898
10 күн бұрын
@@scorpionvenom828spotted the low ay cue 31 milyon 😂
@kgb976
10 күн бұрын
Improved? My brother in Christ!! We degraded!!
@crissesbino5394
7 күн бұрын
@@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.
It’s not a fair competition. The gap between the Philippine peso value vs the US Dollar value is so wide.
@JingJao
Ай бұрын
It is fair. Then why don't you guys increase the value of your money?
@gangstagummybear3432
Ай бұрын
@@JingJao They dont have enough debt to increase the value of their money
@JingJao
Ай бұрын
@@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.
@gangstagummybear3432
Ай бұрын
@@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
@JingJao
Ай бұрын
@@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
India ❤ Philippines
Hello to My Filipino Friends 😊😊
Philippines companies are big mostly in north east Asia or some South Asia countries but not globally bigger
@Takahashi.Mielow
13 күн бұрын
Where the heck is northeast asia? Probably penguins lives there.
Remember that we are still third world country, Indonesia and Malaysia are 2nd world countries. Value of stuffs in PH is still far lower.
@Toadey2012
7 күн бұрын
geh
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.
@nico77212
Ай бұрын
He isn't trying to say that this company is better than this company, he is just trying to compare its value.
@1cho456
Ай бұрын
@@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.
@nico77212
Ай бұрын
@@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?
@nico77212
Ай бұрын
@@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?
@1cho456
Ай бұрын
@@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.
Devaluation of peso will continue in fast pacing so long as Philippine government continue borrowing to fill up the annual budget deficits .
@reetusbeetus
8 күн бұрын
Exactly, AND WHY DID OUR NEIGHBOURS CHOOSE TO VOTE FOR A DICTATOR
@ClarenceJoseph2011
7 күн бұрын
@@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
@yes45s
3 күн бұрын
@@reetusbeetusas long as there are a lot of uneducated people, the cycle of electing corrupt leaders will continue
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
It's like Samsung, Lotte Hyundai to South Korea..
I'M NOT FROM THE PHILIPPINES BUT I TRAVEL A LOT IN THE PHILIPPINES I DO NOT UNDERSTAND WHY A LOT OF PEOPLE AND COUNTRIES BELITTLE THE PHILIPPINES, IN FACT, THEY CAN ALL EAT YOU ALIVE! 😅
@user-tz4lr8xe4d
4 күн бұрын
Our military is pretty decent I guess. The problem with Philippines is corrupt government. That's why poverty is widespread here
@yes45s
3 күн бұрын
@@user-tz4lr8xe4d inflation rates go brrrr
@Ffersbetter
2 күн бұрын
@@user-tz4lr8xe4dand typhoons. We would be so rich without those
remittances from ofw around the world are the ones keeping the philippine economy alive
@shaojugoto6926
19 күн бұрын
nah from the past yeah. But BPO is already the one keeping Philippine economy alive. Not just OFW REMITTANCES anymore.
@bulatog380
19 күн бұрын
@@shaojugoto6926BPO not BDO
@arrow5390
18 күн бұрын
@@shaojugoto6926BDO MARAMI DYAN OFW NAG HUHULOG NG PERA AT NAG IIMPOK 😅😅
@Botzygote
9 күн бұрын
@@shaojugoto6926 True, BPO is a fast growing industry and is contributing significantly in the country's GDP. I wonder what are the consequences…
@fameu1007
6 күн бұрын
exports of electrical and electronic equipment $40.58 billion, remittances $33.491 billion, BPO $35.9 billion
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.
your comparing jollibee that just start releasing branches to other countries while mcdonalds did that longer than jollibee that's why mcdonalds is bigger then jollibee bcs jollibee is new to the world lol.
The largest companies in the Philippines are worth tens of billions of dollars.
Rise up philippines
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.
SM mall is big company here in the Philippines SMC🎉😂
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.
are we progressing in the manufacturing and industrial fields. Big companies are in service and banking and finance.
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
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.
Why would you expect Jollibee would be as big as mcdonalds? In terms of history and experience they are decades apart.
this is such a nice information
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.
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.
@vonn8973
29 күн бұрын
i dont believe that Philippines is a rising countries cuz ordinary citizens dont feel that . unlike Vietnam and Thailand
It doesn't matter how big a company in the Philippines is. The Philippines needs to bridge the gap between the rich and the poor.
Peso against dollar a big deference
There is also a company called: mall of Asia. It's where every Asian comes well not all
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... 😊
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.
ini saudara indonesia ❤
🇵🇭🇵🇭🇵🇭🇵🇭🇵🇭🇵🇭
Feature the biggest microfince in the philippines please
Meanwhile: The Sy family, ranking 9th among Asia's richest, remains focused solely on the Philippines market. 😂
How About Govt. Crocodile Group of companies?
@lelouchlamperouge8560
9 күн бұрын
They devour big chunks of any financial gains.🤣🤣🤣
Im from US and this is not the way you compare companies
What do you want to project Mr. Tom McKay? And what is your qualification to say about these things?
@CakewalkCODM
5 күн бұрын
Offended? 😂😂 naka ilang ulit na si kuya ng source nya, wag kang matrigger sa mga totoong bagay
this happen due to only few Filipino engage in Investment and stock.
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.
huh so the first comparison was regional and then second was jollibee against the top dogs and no regional ones?
Yup. rich clan will continue to be rich while poor will continue to be poor in the Philippines
❤️
yeah my country really needs some debt rn
Philippines womp womp
I see little pinks.
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
@ClarenceJoseph2011
7 күн бұрын
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)
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 !!
@waterlily2839_chua
Ай бұрын
Yeahh corrupt official will follow them
Why are you comparing Petron with Chandra Asri? Their core business is very different. You should compare it with Pertamina Indonesia...hehehe
@Tumanggor-sq2xp
19 күн бұрын
Pertamina Indonesia juga masih lebih baik
Will Jollibee is a big company in Philippines Jollibee even overshadowing McDonald's in the Philippines cuz Jollibee follow the Filipino favorite sweet food
@Toadey2012
7 күн бұрын
That's only in the Philippines
@user-bw1ht2pz2q
7 күн бұрын
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
and they are made by Chinese not like the neighboring SEAN countries Phil is dependent on china
I think your company is worth billions!
i blame all fo this on PLDT
And your point is?
@azanbonez276
Ай бұрын
😂😂😂😂
@IanD.
5 күн бұрын
I mean it literally in the start of the video 🤦♂️
Gcash became useful during pandemic.
the thing about fastfood chains.. they dont have an army of people promoting to their friends unlike jollibee 🤣🤣
Cagayan is not in luzun😢😢😢
Shout out to all OFW... In the USA,Asian Americans are the most successful,1 Indian,2 Filipinos,3 Taiwanese, etc..the Most hard workers here are immigrants. So stop belittling my people because we are very smart. So to all Pinoy politicians stop your corruption, it wasn't the Pinoy who failed but the government itself, because we are doing fine in the US and helping the economy..we kept sending money to PH, we expect more from the leaders of PH,to stop stealing money.
MAKE JOLLIBEE GREAT AGAIN. NOW, MCDO CHICKEN > JOLLIBEE IN PH.
60/40 pa more
Doupoly becouse of 60/40 no competition among foreign brand there service are trash here in philippines
Ironically SM and Jollibee are owned by Chinese
@scorpionvenom828
13 күн бұрын
A Chinese but do not want to stay in China.
Philippines largest companies are EXPANDING worldwide while known biggest companies are DECLINING and LOSING! LOL!😂
The secret this big xompany is low salary and a lot of overtime 😂😂😂😂😂
.
Really? Comparing ph companies in international companies?
@nico77212
Ай бұрын
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.
@TenCo-by9pf
Ай бұрын
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
@jhinthegodofadc422
Ай бұрын
@@nico77212 no need many Filipino doesn't even know what is market competitor
@laplue
Ай бұрын
san miguel can be a good competitor
@vonn8973
29 күн бұрын
Then Let's compare it to Samsung and LG 60 years ago because that time they are good at creating toothpaste and beauty products.
Bro q1 asean gdp growth please
LET GO IM SECOND
6th?
you forgot cebu pacific🤣🤣🤣
I will withdraw my 1000 peseos from BDO.
フィリピン、まだまだです😅
Lmao... I'll take the third place, then 😂
I just find the thumbnail very click bait-y.
Sabi si Villar pinakamayaman hahaha ang layo pa ni Villar sa totoo Lang hahaha yang mga ranking talaga deceiving
“Alcoholic brand” 🤣
Jollibee is well known fastfood company
The largest company in the Philippines are caregivers, every year young Filipino caregivers contribute 36% of the Philippines' foreign monetary reserves
@ter0874
Ай бұрын
You have a very weird definition of the word company
@narutos138
Ай бұрын
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 .
Why you asia stell Filipino food in jollibee from Philippines 🇵🇭
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
Why does your thumbnail say "Asia's Loser" ? Clickbait?
Their labor rate is so Low with such low wages !!
im 5th
@IslandStew
Ай бұрын
Are you one of the many Filipino street children that asked me for money?
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.
pldt is owned by indonesians😂
2 words Tax evasion 😜
What is the point of this video. Chinese bots
Biggest company in philippines is OFW lol
1st
im 4th
Lol
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.
@XiWein
28 күн бұрын
I believe you didn't fully watch the video, also you seem to have a low reading comprehension, typical for a pinoy
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
your data is not true