What are some top companies in the Philippines?


Quick Answer

SM Investments Corporation, Bank of the Philippines and the Philippine Long Distance Telephone Company are some of the top companies in the Philippines, as of 2015. These companies are listed on Forbes' Global 2000, which includes the world's most powerful and largest companies, based on market values, profits, revenue and assets.

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Full Answer

SM Investments Corporation is a conglomerate that owns stakes in retail operations, property and banking. It has 279 stores, which includes 40 SM Supermarkets, 26 Walmarts, 120 Savemore stores, 50 The SM Stores and 43 SM Hypermarkets. It also owns BDO Unibank, the largest bank in the Philippines based on assets.

The Bank of the Philippines was established in 1851 and was the Philippines' first bank. In 2014, the bank served seven million clients through 825 branches in the Philippines, Hong Kong and Europe. It has 2,575 ATMs and cash deposit machines.

The Philippines Long Distance Telephone Company is one of the largest telecommunication companies in the Philippines. It operates cell phone networks Sun Cellular, Smart, Talk N' Text and Red Mobile. After obtaining Sun Cellular in 2011, it owned 68 percent of cellular subscribers in the Philippines. Also, its Beneficial Trust Fund owns stakes in publishing and broadcasting. The Philippines Long Distance Telephone Company is listed on the New York Stock Exchange.

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