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: 472
@BehindAsia2 ай бұрын
What is the biggest Philippine company that you know of? Let us know down below!
@AstroYT_offical2 ай бұрын
Jollibee
@noylee2922 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.
@noylee2922 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.
@saicodu2 ай бұрын
SM got its 86th Mall open SM Caloocan
@saicodu2 ай бұрын
May 17,2024 is the date it opened
@crewcutter20302 ай бұрын
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.
@letsg4353Ай бұрын
and yet they can't raise their employees salary
@RaffyART1995Ай бұрын
@@letsg4353 Exactly.
@emjhaayyАй 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.9106Ай бұрын
@@emjhaayy What do you expect look at the Philippine senate the people arent knowledgeable enough to vote wisely
@Glenox21Ай бұрын
@@zone.9106 Wait till you realize that votes are not just earned but mostly bought.
@macolet97112 ай бұрын
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.
@muchafdlolludin2 ай бұрын
My brother Philippines 🇮🇩❤️🇵🇭
@androidleeno7172Ай бұрын
🇵🇭❤️🇮🇩
@aden1013Ай бұрын
We love Indonesia too.
@diazromeo5506Ай бұрын
I love gudang garam best kretek cigarette
@kanon1118Ай бұрын
INDO PHIL! LESGO!
@Universal69man2 ай бұрын
Philippines has improved a lot Love from Bangladesh 🇧🇩
@fishbones3650Ай бұрын
No we didn't improve, we got worse
@scorpionvenom828Ай 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.
@miaya3898Ай бұрын
@@scorpionvenom828spotted the low ay cue 31 milyon 😂
@kgb976Ай бұрын
Improved? My brother in Christ!! We degraded!!
@crissesbino5394Ай 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😂
@rainieresguerra65192 ай бұрын
Philippine conglomerates are very conservative and prudent. So, very few go bankrupt.
@jasonuy61822 ай бұрын
It’s not a fair competition. The gap between the Philippine peso value vs the US Dollar value is so wide.
@JingJao2 ай бұрын
It is fair. Then why don't you guys increase the value of your money?
@gangstagummybear34322 ай бұрын
@@JingJao They dont have enough debt to increase the value of their money
@JingJao2 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.
@gangstagummybear34322 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
@JingJao2 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
@maheshthorat75682 ай бұрын
India ❤ Philippines
@rickyboy63902 ай бұрын
Philippines companies are big mostly in north east Asia or some South Asia countries but not globally bigger
@Takahashi.MielowАй бұрын
Where the heck is northeast asia? Probably penguins lives there.
@MARYAM96569Ай бұрын
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-tz4lr8xe4d29 күн бұрын
Our military is pretty decent I guess. The problem with Philippines is corrupt government. That's why poverty is widespread here
@yes45s28 күн бұрын
@@user-tz4lr8xe4d inflation rates go brrrr
@Ffersbetter™27 күн бұрын
@@user-tz4lr8xe4dand typhoons. We would be so rich without those
@Vetus.past_2 ай бұрын
Hello to My Filipino Friends 😊😊
@1cho4562 ай бұрын
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.
@nico772122 ай бұрын
He isn't trying to say that this company is better than this company, he is just trying to compare its value.
@1cho4562 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.
@nico772122 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?
@nico772122 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?
@1cho4562 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.
@lingth2 ай бұрын
It's like Samsung, Lotte Hyundai to South Korea..
@paquitoguillermo3279Ай бұрын
remittances from ofw around the world are the ones keeping the philippine economy alive
@shaojugoto6926Ай бұрын
nah from the past yeah. But BPO is already the one keeping Philippine economy alive. Not just OFW REMITTANCES anymore.
@bulatog380Ай бұрын
@@shaojugoto6926BPO not BDO
@arrow5390Ай бұрын
@@shaojugoto6926BDO MARAMI DYAN OFW NAG HUHULOG NG PERA AT NAG IIMPOK 😅😅
@BotzygoteАй бұрын
@@shaojugoto6926 True, BPO is a fast growing industry and is contributing significantly in the country's GDP. I wonder what are the consequences…
@fameu1007Ай бұрын
exports of electrical and electronic equipment $40.58 billion, remittances $33.491 billion, BPO $35.9 billion
@JJ-ki2mw29 күн бұрын
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
@gerardoberdin6036Ай бұрын
Devaluation of peso will continue in fast pacing so long as Philippine government continue borrowing to fill up the annual budget deficits .
@reetusbeetusАй бұрын
Exactly, AND WHY DID OUR NEIGHBOURS CHOOSE TO VOTE FOR A DICTATOR
@ClarenceJoseph2011Ай 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
@yes45s28 күн бұрын
@@reetusbeetusas long as there are a lot of uneducated people, the cycle of electing corrupt leaders will continue
@napadaanlng69Ай бұрын
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.
@kayleeauson3227Ай бұрын
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.
@atreports2 ай бұрын
The largest companies in the Philippines are worth tens of billions of dollars.
@Elvissssdg17 сағат бұрын
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
@Marie-266817 сағат бұрын
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
@Merry-gp8lp17 сағат бұрын
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
@Cyrilagens17 сағат бұрын
Could you please explain how beginners like me can start making this much
@DAugustine72217 сағат бұрын
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
@MelissaScott7417 сағат бұрын
Does he also offer mentorship, lecturing and tutorials? How do I connect with him Please😢
@edwardszolina7214Ай бұрын
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.
@muhdnoor987Ай бұрын
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.
@armandgabrielly.fulgencio2 ай бұрын
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.
@vonn8973Ай бұрын
i dont believe that Philippines is a rising countries cuz ordinary citizens dont feel that . unlike Vietnam and Thailand
@user-ic7fl7dw5qАй бұрын
SM mall is big company here in the Philippines SMC🎉😂
@nat0106951Ай бұрын
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
@suegap25Ай бұрын
Rise up philippines
@romeosanga61092 ай бұрын
are we progressing in the manufacturing and industrial fields. Big companies are in service and banking and finance.
@arki647127 күн бұрын
Why would you expect Jollibee would be as big as mcdonalds? In terms of history and experience they are decades apart.
@FonziEatsАй бұрын
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.
@Troo_WorldАй бұрын
this is such a nice information
@jhonalynjohnson320227 күн бұрын
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.
@mitchenette229Ай бұрын
There is also a company called: mall of Asia. It's where every Asian comes well not all
@anythingeverything385Ай бұрын
Peso against dollar a big deference
@eggxecution20 күн бұрын
good insight
@lolskigames3818Ай бұрын
huh so the first comparison was regional and then second was jollibee against the top dogs and no regional ones?
@onelov32882 ай бұрын
How About Govt. Crocodile Group of companies?
@lelouchlamperouge8560Ай бұрын
They devour big chunks of any financial gains.🤣🤣🤣
@genesis10207627 күн бұрын
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... 😊
@MegBassАй бұрын
Meanwhile: The Sy family, ranking 9th among Asia's richest, remains focused solely on the Philippines market. 😂
@arnoldferrer46792 ай бұрын
Feature the biggest microfince in the philippines please
@christiandgreat81272 ай бұрын
Im from US and this is not the way you compare companies
@okkywayАй бұрын
Why are you comparing Petron with Chandra Asri? Their core business is very different. You should compare it with Pertamina Indonesia...hehehe
@Tumanggor-sq2xpАй бұрын
Pertamina Indonesia juga masih lebih baik
@Miggy427Ай бұрын
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.
@TsugukiMcАй бұрын
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
@ClarenceJoseph2011Ай 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)
@dacsvargas9680Ай бұрын
What do you want to project Mr. Tom McKay? And what is your qualification to say about these things?
@CakewalkCODMАй бұрын
Offended? 😂😂 naka ilang ulit na si kuya ng source nya, wag kang matrigger sa mga totoong bagay
@kakainisgaming1625Ай бұрын
this happen due to only few Filipino engage in Investment and stock.
@jylefranzcayabyab2982Ай бұрын
Remember that we are still third world country, Indonesia and Malaysia are 2nd world countries. Value of stuffs in PH is still far lower.
@Toadey2012Ай бұрын
geh
@topethermohenes765821 күн бұрын
No such thing as 2nd world countries 😂 it's either, 1st world, developing or 3rd world. The Philippines is a developing country.
@TopHatFox20 күн бұрын
There is no 2nd world country, and the use of 1st and 3rd world are outdated. It's either developed, developing, or underdeveloped country
@Jimmy-mx4ccКүн бұрын
Yes 60+ families.
@jeon041625 күн бұрын
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.
@sadj14192 ай бұрын
🇵🇭🇵🇭🇵🇭🇵🇭🇵🇭🇵🇭
@sakti20142 ай бұрын
ini saudara indonesia ❤
@user-bw1ht2pz2qАй бұрын
Will Jollibee is a big company in Philippines Jollibee even overshadowing McDonald's in the Philippines cuz Jollibee follow the Filipino favorite sweet food
@Toadey2012Ай бұрын
That's only in the Philippines
@user-bw1ht2pz2qАй 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
@jmzaid8651Ай бұрын
Yup. rich clan will continue to be rich while poor will continue to be poor in the Philippines
@AlfaLaza-uc8drАй бұрын
the thing about fastfood chains.. they dont have an army of people promoting to their friends unlike jollibee 🤣🤣
@arthurericksoncoquia4060Ай бұрын
yeah my country really needs some debt rn
@oceanblue4818Ай бұрын
I think your company is worth billions!
@bmona7550Ай бұрын
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.
@dotv8964Ай бұрын
The secret this big xompany is low salary and a lot of overtime 😂😂😂😂😂
@user-uo9dc1tt1jАй бұрын
you forgot cebu pacific🤣🤣🤣
@user-rq8fl3wo1wАй бұрын
Cagayan is not in luzun😢😢😢
@jetbabs293927 күн бұрын
❤️
@dynomite463Ай бұрын
Philippines womp womp
@fourpointzero8315Ай бұрын
Ironically SM and Jollibee are owned by Chinese
@scorpionvenom828Ай бұрын
A Chinese but do not want to stay in China.
@needPeace629 күн бұрын
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.
@mkt-72 ай бұрын
MAKE JOLLIBEE GREAT AGAIN. NOW, MCDO CHICKEN > JOLLIBEE IN PH.
@adiananggaito2 ай бұрын
Bro q1 asean gdp growth please
@Pur3carb0nАй бұрын
Gcash became useful during pandemic.
@michaelmarkcavita7979Ай бұрын
I see little pinks.
@user-mu5mi7ep2uАй бұрын
and they are made by Chinese not like the neighboring SEAN countries Phil is dependent on china
@Epic-EliteАй бұрын
i blame all fo this on PLDT
@namuka12472 ай бұрын
Doupoly becouse of 60/40 no competition among foreign brand there service are trash here in philippines
@natividadwolff23692 ай бұрын
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_chua2 ай бұрын
Yeahh corrupt official will follow them
@KS252052 ай бұрын
Lmao... I'll take the third place, then 😂
@lucci17Ай бұрын
And your point is?
@azanbonez276Ай бұрын
😂😂😂😂
@IanD.Ай бұрын
I mean it literally in the start of the video 🤦♂️
@sureshmukhi231625 күн бұрын
Why does your thumbnail say "Asia's Loser" ? Clickbait?
@mannypakyaw377321 күн бұрын
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.
@itszaidihamid2 күн бұрын
What are you on about, dude. PETRONAS has revenues of 70-80 billion USD. Clearly you have not researched well.
@oninolever17202 ай бұрын
Philippines largest companies are EXPANDING worldwide while known biggest companies are DECLINING and LOSING! LOL!😂
@lorenzoreyes8828Ай бұрын
I just find the thumbnail very click bait-y.
@dualupa5004Ай бұрын
60/40 pa more
@AstroYT_offical2 ай бұрын
LET GO IM SECOND
@VideoManiyak2 ай бұрын
6th?
@sandydeleon76053 күн бұрын
Monopoly keep the people poor, give big salaries to managers, f@ck the rank in file employees.
@aaron19832 ай бұрын
“Alcoholic brand” 🤣
@ashmcartrohАй бұрын
.
@williamsanjuan1126Ай бұрын
I will withdraw my 1000 peseos from BDO.
@empath170Ай бұрын
Sabi si Villar pinakamayaman hahaha ang layo pa ni Villar sa totoo Lang hahaha yang mga ranking talaga deceiving
@idk1gaming2 ай бұрын
im 4th
@idk1gaming2 ай бұрын
im 5th
@IslandStoo2 ай бұрын
Are you one of the many Filipino street children that asked me for money?
@cptbalao1810Ай бұрын
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
@syoukiko48182 ай бұрын
フィリピン、まだまだです😅
@nelsonc39849 күн бұрын
Philippines couldn't even manufacture sports shoes 40 years ago!
@ZAZGV5 күн бұрын
Fr, it's just commercial and cultural shoes.
@aronorozco4745Ай бұрын
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.
@joshuajamessagritalo59062 ай бұрын
1st
@JamesDino-bc4cp29 күн бұрын
Why you asia stell Filipino food in jollibee from Philippines 🇵🇭
@Yuuki-md5nq2 ай бұрын
Jollibee is well known fastfood company
@kurthendrix1175Ай бұрын
Lol
@robertnunn30152 ай бұрын
Their labor rate is so Low with such low wages !!
@ralphjosephrjm326Ай бұрын
2 words Tax evasion 😜
@calmsgroup650817 сағат бұрын
Unfair.. 😭Kung di ba naman mapapa p.i. ka pag nakapanood ka ng ganitong content... napaka unfair ng buhay.. sila million million ang networth.. samantalang kaming.. mga construction workers... sabak sa ulan at init... para maka accomplishment lang.... angbillings namin na pinaghirapan ng dalawang linggo... sa halagang 92k hindi pa mabayaran... SHOUT OUT SA MGA MAPAGSAMANTALANG GENERAL CONTRACTOR... haisst... @author... please i dont mean to ruin your post.. on the otherhard thank you.. i did take this opportunity to use your post.. alam ko marami kang follower at least with your content i could reach to many as possible.. Thank you... i owe you.. #justiceforconstructionworkers #humanity_first_challenge #unfairworld #constructionlife #contractorphilippines #PCAB #ContractorsChoice