Top Filipino Companies 2019

Top 10 Companies in the Philippines 2019

1. San Miguel Corp. (SMC) earned P384.11 billion in gross revenue last year.

2. Petron Corp., which recorded P360.81 billion in gross earnings and P351.38 billion in net sales (29.6%). Its net income, however, was P6.34 billion.

3. Manila Electric Co. (Meralco), which made P297.97 billion in gross revenue and P291.80 billion in net sales. Its net income was P24.25 billion. Continue reading “Top Filipino Companies 2019”

News on Business in the Philippines

The truth about Ramar Foods’ Magnolia Ice Cream in the USA. Watch the video below from the real Magnolia Ice Cream of the Philippines.

Note that Ramar Foods is NOT the Magnolia ice cream you knew growing up in the Philippines. Always check the label.

Boycott Ramar’s Orientex Lumpia!! Boycott Ramar’s Magnolia Imitation!!

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Century Pacific Group, Biggest Food Canner?

Originally posted in February 2010.

Century Pacific Group is the Philippines’ largest exporter of canned and pouched tuna to companies in USA, Canada, Europe, Asia, and Africa. The company exports canned tuna to Europe and the US, where they are privately branded. It is  also the market leader in its product sector in China.

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Overview of the Philippine Economy

Posted in July 2009.

The economy of the Philippines is an anomaly in the Asia-Pacific region in that it has lagged behind other economies, such as those of Singapore, South Korea, and Taiwan. From a position as one of the wealthiest countries in Asia after World War II, the Philippines is now one of the poorest. Since the 1970s, which were a relatively prosperous decade, the Philippines has failed to achieve a sustained period of rapid economic growth and has suffered from recurring economic crises. This persistent underperformance has occurred in spite of the Philippines’ rich natural and human resources.
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