TOP 10 COMPANIES IN THE PHILIPPINES

1. San Miguel Corporation

According to Jobstreet.com’s study, the Filipino-owned business San Miguel Corporation
(SMC), topped the list of the most desired companies by Filipino workers for the third straight
year. SMC is the Philippines’ largest food, beverage, and packaging company that employs over
15,000 people in Southeast Asia. SMC boasts being one of the most diversified conglomerates
in the region, with a huge portfolio of high performing businesses, brands, and products. The
company is guided by its core values of integrity, passion for success, teamwork, innovation,
respect, and social responsibility. SMC’s core values, along with great pay and benefits, make it
one of the most sought after places of employment for Filipinos.

Economic Impact
Bucking the global economic downtrend and posting positive results for 2008, conglomerate
San Miguel Corporation (SMC) yesterday emphasized that its aggressive diversification program is a
way to secure future growth for the company and spur economic growth and development in the
Philippines. The company, which reported P19.3 billion in consolidated net income for 2008, 124%
higher than in 2007, is currently undertaking a massive diversification into important industries such
as power generation, oil refining, telecoms, water distribution, tollways, and infrastructure. In his
address to stockholders at the company’s annual meeting yesterday, SMC Chairman and Chief
Executive Officer Eduardo M. Cojuangco Jr., said: “Beyond seeking profit, we want to be in industries
that serve as the backbone of our country’s development, and impact the lives of Filipinos in a
meaningful way. We have complete confidence in our country’s potential.” San Miguel recently
invested in Manila Electric Co. (Meralco), the country’s largest power distributor. It has also signed an
option agreement to acquire UK-based Ashmore Group’s 100% stake in Sea Refinery Corp., which
holds 50.1% of the Philippines’ largest oil refiner, Petron. The company has also acquired 32.7% of
Liberty Telecommunications Holdings, Inc. In February 2009, it submitted an unsolicited proposal for
the government’s Laiban Dam project. More recently, San Miguel announced that it had entered into
a non-binding agreement to acquire a significant stake in Private Infrastructure Development Corp.
(PIDC), the consortium behind the 88.57-kilometer Tarlac-Pangasinan-La Union Toll Expressway
project.

2. Nestle Philippines
Nestle Philippines was able to remain in the number two spot in 2016. The company offers
exceptional health benefits that extend to employees’ family members, along with competitive pay
and a desirable work environment. The study also revealed that Nestle provides employees with
opportunities for career advancement, which is another huge motivational factor for many Filipino
workers.
Economic Impact

MANILA, Philippines - Consumer goods giant Nestlé has been in the Philippines for
over a hundred years, and it continues to expand its operations.In an interview on ANC's
Headstart with Karen Davila, Nestlé Philippines chairman and chief executive officer John
Miller said the company considers the Philippines as its most important market in Southeast
Asia."The Philippines, amongst all of the Asean nations, is in fact our most important market...
We've been here for 103 years and that's allowed us to build a very special relationship with
our consumers. Over that time, we've been able to build a very fine business. We have done
that in partnership with many different agencies, the government, our distribution partners
and that has put us in a privileged position," he said.Nestlé Philippines currently has six
factories in Cagayan de Oro, Cabuyao and Canlubang in Laguna, Pulilan in Bulacan, and
Tanauan in Batangas. It manufactures majority of its brands, such as Nescafe and Bear
Brand, locally for the Filipino consumer."I'm delighted to say that four and a half years ago,
we had four major manufacturing units here in the Philippines. Today we have six. One we
built in Tanuan, where we invested P5 billion... We are manufacturing 95 percent of the
brands we market right here in the Philippines. We also export, about five percent," he
said.With ASEAN integration in 2015, Miller said the company is "looking forward to
opportunities to serve other nations, not just in ASEAN but further afar."Asked whether
ASEAN integration would mean the company would start importing cheaper products from
other countries, Miller said "absolutely not."The Nestlé Philippines CEO cited the Filipino
coffee bean, which he called as the "most productive bean" it can source in the region."We
can extract more coffee from the (Filipino) bean from any other coffee bean. We have a very
strong vested interest in working with coffee farmers and this is why this year alone we
distributed 3.7 million coffee seedlings (to farmers)... By 2020 we will source 70 percent of
our coffee requirments in the Philippines. For us, coffee farming in the Philippines has a very
bright future," he said.

3. Accenture Philippines
Accenture Philippines was able to hold onto the number three spot again in 2016.
According to the company website, Accenture offers employees what it referred to as a “Total
Rewards” package. This package includes competitive compensation, a comprehensive benefits
package, professional growth opportunities, and programs to help employees balance work with
a healthy family-oriented lifestyle. Accenture also places a huge emphasis on recognizing
individual contributions and performance. It’s easy to see why Accenture is in the top three of the
most sought after companies in the Philippines.

Economic Impact

Compelling data reveal a discouraging truth about growth today. There has been a marked
decline in the ability of traditional levers of production—capital investment and labor—to
propel economic growth.Yet, the numbers tell only part of the story. Artificial intelligence (AI)
is a new factor of production and has the potential to introduce new sources of growth,
changing how work is done and reinforcing the role of people to drive growth in business.
Accenture research on the impact of AI in 12 developed economies reveals that AI could
double annual economic growth rates in 2035 by changing the nature of work and creating a
new relationship between man and machine. The impact of AI technologies on business is
projected to increase labor productivity by up to 40 percent and enable people to make more
efficient use of their time.

4. BDO Unibank
BDO Unibank jumped up four spots in 2016, knocking Shell Philippines off the list
completely. BDO believes that its people are the company’s most important assets, and the
company recognizes that the strength of their business relies on healthy and happy employees.
BDO provides its employees with a comprehensive benefits plan including group life
insurance, medical insurance, as well as accident insurance. Given BDO’s dedication to its
employees, it’s not hard to see why many Filipinos from all career levels aspire to work there.

Economic Impact
In a statement issued on Friday, the country’s biggest lender in terms of assets announced
it netted P26.1 billion, almost 4% above the P25.1 billion recorded for 2015.BDO increased its
bottom line after expanding its customer loan portfolio by 16% to P1.5 trillion, amid an increase in
deposit intake by 15% to P1.9 trillion. The resulting increased loan capacity allowed the bank to
grow its net interest income by 15% to P65.6 billion. BDO also realized a 15% surge in fee-based
income to P22.2 billion plus P8 billion in insurance premiums, amid an ongoing effort to diversify
its income stream. “These fee income sources compensated for the decline in trading gains to
P4.8 billion. Overall, gross operating income settled at P107.2 billion,” the lender noted, rising
21%.BDO incurred P70.1 billion in operating expenses, a 27% increase from the P55.14 billion
recorded for 2015, largely on the consolidation One Network Bank and BDO Life Insurance. The
lender would have only incurred 11% more operating expenses, without the costs associated with
the consolidation of the rural bank and insurance business. Without these factors, it would have
broadly tracked the 14% growth in last year’s expenses. BDO also increased its loan-loss
provision to P3.8 billion from P3 billion even as its gross nonperforming loan ratio remained steady
at 1.3%. Cover stayed at 139% last year. BDO had projected a P26-billion net profit for 2016, on
expectations of sustained growth in lending, deposit-taking and fee-based income amid the
continued expansion of the bank’s network. The guidance, however, represented a slowdown
from the 10% surge in the earnings of BDO to P25.06 billion in 2015.In its annual shareholder
meeting in April, BDO President and Chief Executive Officer Nestor V. Tan had flagged the global
economy’s sustained weakness, the uncertainties brought by the leadership change and the
excess market liquidity which might restrain the Philippines’ growth. In this light, Mr. Tan noted
the bank will likely see sustained but tempered loan growth, an uncertain interest rate outlook and
a moderate rise in fee-based income as services grow steadily. Nevertheless, Mr. Tan forecast a
strong increase in deposits in current and saving accounts, normalized trading and foreign
exchange gains as well as increased investment in new initiatives. “With a strengthened capital
base, robust business franchise and extensive distribution network, BDO is well-positioned to
benefit from the country’s growth momentum,” the listed bank noted in the statement released on
Friday.The capital base of BDO stood at P217.5 billion, with its capital adequacy ratio (CAR) and
Common Equity Tier 1 ratio settling at 12.4% and 10.7%, respectively. Last month, the bank
completed a P60-billion rights offer, raising fresh capital and boosting its consolidated CAR to
about 15.7%. “This will allow the bank to support its medium-term targets and provide a
comfortable buffer over higher minimum capital requirements with the staggered implementation
of the Domestic Systemically Important Bank surcharge,” the lender noted.

5. Ayala Corporation

Ayala Corporation moved up four spots in 2016, taking over the number five position from
Procter & Gamble. Ayala Corporation is one of the largest holding companies in the Philippines,
and has been in existence for over 180 years. Ayala corporation has a large portfolio that includes
leadership in real estate, telecommunications, water infrastructure, financial services, electronics,
automotive, business process outsourcing, power generation, transport infrastructure, and
education. At the center of Ayala’s business model are four corporate values: integrity, long-term
vision, empowering leadership, and commitment to national development. Many Filipinos desire
to work at Ayala is due to the company’s emphasis on innovation, encouragement of continued
education, and opportunities for career advancement.

Economic Impact

At Ayala, we align our objectives with the United Nations Sustainable Development
Goals. As we operate in various sectors of the economy, we have increasingly realized
the importance of creating value not only for our businesses, but also f or a wider
ecosystem: our stakeholders, the communities in which we operate, and the
environment. As our businesses grow, so too does the impact that we have on the
country.At Ayala, we are aware of our responsibility to balance our impacts on the
environment and society as we continue to seek opportunities for growth. Finite natural
resources and the dynamic and evolving nature of society and human capital mandate
us to integrate both sustainability and shared value creation into the core of our
corporate strategies.The success of our businesses begins from within the
organization. We aspire to do this by inculcating accountability, transparency, and
responsibility in our employees, who form the solid foundations of our companies. We
also commit to the highest standards of disclosure to enable our stakeholders to see a
true picture of our financial condition, system of governance, and progress toward
profitability and sustainability.

6. Coca-Cola FEMSA Philippines (Up from number nine in 2015)

Coca-Cola Philippines is the largest bottler of Coca-Cola products in the world, and is
proud to employ over 8,000 Filipinos. Per the company website, Coca-Cola FEMSA
aspires to be the best employer in the Philippines, and has made significant investments
to its product portfolio as well as its commitment to employees. Those who work here are
granted with a comprehensive benefits package as well as very competitive pay and
opportunities for career advancement.

Economic Impact

The Coca-Cola system is a global business that operates on a local level in every
community around the world. CCI conducts bottling and distribution operations with 25 plants in
10 countries, creating a positive economic impact both directly and indirectly. Our products are
produced, sourced (where possible), distributed and sold locally. A bottle of Coca-Cola creates
added value for multiple sectors during its journey from the production line to the consumer. Many
sectors, including agriculture, energy, production, logistics, transportation, distribution, retail,
cooling, advertising, media and packaging play a role in the production of a single bottle of Coke.
Our business stimulates job creation across our value chain. We contribute to the economic
development of local communities by employing local people, paying taxes to governments,
purchasing goods, services and capital equipment from suppliers, and supporting social
development programs. We reach close to 750,000 sales points with our extensive sales and
distribution network. We support local retailers to enhance their businesses by providing assets
and training. We also help our suppliers to increase their international competitiveness through
substantial contributions. We often conduct economic impact studies to assess and disclose our
indirect economic impact in our operating countries.

7. SM Investments (Down from number six in 2015)

SM Investments Corporation (SM), is a top Philippine conglomerate with interests

in property development and banking. SM is well-known for its operation in retail through
malls all over the country, which includes The SM Store, and various food retail stores.
SM prides itself on promoting innovation, and provides employees with many
opportunities for career advancement.

Economic Impact

A key conglomerate in the Philippines, SM is committed to be the country’s partner in

growth and development through its market-leading investments in retail, property and banking
and strategic investments in high-potential sectors. The group is constantly on the lookout for
new opportunities to sustain its growth and long-term aspirations. “We continue to build on our
strong 2017 performance with revenues rising faster in the first quarter of this year,” says SM
President and CEO Frederic C. DyBuncio. SM recorded robust performance in 2017 with
consolidated revenue growth of 9% to PHP396.2 billion (SGD10.6bn) and consolidated net
income of PHP32.9 billion (SGD0.9bn). In the first quarter of 2018, SM posted consolidated net
income growth of 10% to PHP8.5 billion (SGD0.2bn) while consolidated revenues rose 11% to
PHP94.9 billion (SGD2.4bn). SM’s strong cash flows and healthy balance sheet reinforce the
Group’s ability to pursue aggressive expansion and scale new opportunities over the medium-
term. The group continues to benefit from the strong Philippine economy which remains to be
one of the top performing economies in Asia. These enabled the company to achieve steady
profits across its core businesses anchored on a strong and sustainable business model, good
corporate governance and continued focus on building long-term value across its diversified
portfolio.

8. Google Philippines (Not in the top 10 in 2015)

It’s hard to imagine a world without Google, so it’s not surprising that many Filipinos
aspire to be employed by the tech giant. There are many benefits of working at Google
including opportunities for career advancement, an extremely generous benefits plan,
some of the best maternity and paternity leave in the world, global tuition reimbursement,
and some of the most innovative work environments known to man.

Economic Impact

Google Philippines is supporting the growth of the country’s digital economy with a
Google.org grant to DigiBayanihan, a nationwide digital literacy program that promotes digital
inclusion among Filipinos. This was announced on Thursday when Google Philippines opened its
new home, four years after it launched its first office in the country in 2013. The support from
Google.org is expected to extend DigiBayanihan’s program to one million Filipinos in Visayas and
Mindanao. Google.org is the philanthropic arm of Google that supports and champions people
and projects that are combatting some of the biggest human challenges of the 21st century. “This
step is part of our continuing effort to create a stronger, more inclusive digital economy in the
Philippines. While Internet penetration has improved over the last five years, 2 out of 5 Filipinos
are still missing out on the huge opportunities that come with being online. We want to empower
them with digital know-how so that they can make the most of the Internet,” said Ken Lingan,
Google Philippines country manager. DTI Secretary Ramon Lopez, who was guest of honor at
the launch, said, “With the population getting more connected and engaged every day, it is
necessary for individuals, businesses, and communities to have the right skills to thrive in today’s
modern economy. That’s why we welcome Google’s commitment to promote digital inclusion and
empower every Filipino online, and in effect, drive the country’s economy forward.” Google also
highlighted the importance of developers in the digital economy of the country with the launch of
the Launchpad Accelerator program in the Philippines. The program provides equity-free support
to help start-ups scale into thriving companies.

9. Procter & Gamble Philippines (Down from number five in 2015)

 Procter & Gamble (P&G), employs over 1,300 Filipinos across three work sites:
the Philippines Selling and Marketing Organization, the Manila Service Center, and the
Cabuyao Plant. P&G boasts providing employees with high compensation, along with
medical insurance, life insurance, retirement plans, a great life/work balance, and much
more.

Economic Impact

MANILA - Procter & Gamble plans to expand its presence in the Philippines, banking on
robust consumption that drives one of Asia's fastest-growing economies, an official said. Growth
will be boosted in part by products that target women, said P&G president for feminine care Fama
Francisco, who manages a division that racks up $4 billion in sales. P&G's feminine products in
the Philippines include Whisper napkins, Pantene shampoo and Olay creams beauty products.
The division could post "mid to high single-digit" growth in Philippines, Fama told ANC, citing her
"personal view." "We will be bringing the best innovation ever," Fama said, noting that P&G has
been in the Philippines for 82 years. Fama said P&G was ready to respond to handover of power
in the US to Republican Donald Trump, who has spoken against American companies that
outsource operations. "You know the Philippines is growing in itself, as a community and society
and I think we need more Filipino talents to really understand the insights here in the Philippines,
develop marketing programs, sales programs that cater to the Filipinos and I don't see that taking
away at all from jobs that we do in the US," she said.

10. ABS-CBN Corporation (Down from number seven in 2015)

ABS-CBN is the leading media and entertainment company, and one of the top radio
broadcasters in the Philippines. The company dedicates itself to serving a greater purpose in
society by providing exceptional service to Filipinos worldwide. A dedication to the greater good,
along with competitive pay and exceptional benefits is what attracts many Filipino workers to ABS-
CBN.