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SM

This company owned by Henry Sy is one of the biggest companies in our country. This is a retail center where various brands of clothes, footwear, bags, accessories, toys, gadgets, and other types of products can be found.

The owner of this company has a very inspiring story, considering that he was born to a poor family in China. Many entrepreneurs were inspired by this man and, until now, most entrepreneurs know him.

His family originally had a sari-sari store, but it was burnt down and was looted in the midst of chaos before the war ends. Henry Sy stayed in the country to start a new business while his father headed back to China. He didn’t lost hope despite the pain and hardship brought by the war.

Today, SM is one of the multibillion-dollar businesses and is very popular all around the world. This proves that perseverance, efforts, and passion are few of the most important traits that you must have to be successful.

Meralco

Meralco is a well-known electric company here in the Philippines, and it is the largest distributor of electrical power. It holds the distribution franchise of 22 cities and 89 municipalities. Moreover, MERALCO stands for Manila Electric Railroad and Light Company, which is also their original name until 1919.

Though it may look like a tough company, it also has experienced lots of troubles and hardships before it has achieved its place today. Back then, this company is providing mass public transportation with electric street cars, but unfortunately, it was destroyed beyond rehabilitation during World War II.

Other than that, there are also other hardships. Nowadays, Meralco has earned its rightful place and is now the biggest electric distributor in the Philippines.

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Ayala Corporation

Ayala Corporation is one of the biggest and well-known companies here in the Philippines founded by Casa Roxas and Antonio de Ayala.

Ayala Corporation owns one of the country’s largest banks, Bank of the Philippine Islands. They also own one of the country’s top telecommunication networks, Globe Telecom.

In addition, they own one of the country’s leading real estate developer, Ayala Land. Other businesses of the Ayalas include Manila Water Company; Microelectronics, Inc., and Integreon.

 

Jollibee

Jollibee is one of the most popular food chain here in the Philippines with more than 2,500 stores worldwide.
Jollibee started only as an ice cream parlor but the owner had a dream and wanted more. Tony Tan, the founder, traveled to United States to study how the market works for food chains. Instead of franchising other food chains, he expanded his own hamburger-serving fast food named Jollibee. Today, the business is still going strong and is still one of the most well-known fast food chains in the Philippines.

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National Book Store, Inc.

National Book Store (NBS) currently has 128 branches all over the Philippines.This number proves that this business is successful. They are widely known especially to students since most of the things that they provide are of their necessity.

What’s good in this company is the story before it came to riches. The person behind the success of NBS is Socorro Cancio-Ramos, a woman who started as a saleslady in another bookstore. When she got married, her family has put up the NBS in Manila.

However, selling books is not very popular during World War II so she decided to sell something other than books. Fortunately, all their stocks were sold during the American era and they have continued to build a small tent to continue their business.

 

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Source :

Wikipedia
Google Images
Tycoon.ph

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EDITOR-IN-CHIEF

1Edwardo Miguel Guevarra Roldan

  • Managing Partner at Princeton Business Initiative
  • Lead Convenor of Isang Samahan, Isang Pilipinas (ISIP) and Think Philippines!
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