Skip to main content

Trivia: Philippine Companies in 2009 Forbes Global 2000 List

Here are interesting facts I found yesterday while I was surfing the internet. I came across the Forbes website. For those who are not familiar with Forbes, Forbes is an American publishing and media company made famous by their leading magazine bearing the same name.

Okay, back to the trivia! Annually, Forbes lists down the largest companies in the world in their famous Global 2000 List. The ranking are based on the following criteria:

1. Sales
2. Profits
3. Assets
4. Market Value

Here's what I found really interesting:

• General Electric (GE) regains its number 1 spot this year (2009) while former number 1 HSBC Holdings sipped to number 6.
• Nine (9) out of the top 25 companies in the world are Oil/Gas companies.( Exxon Mobil, BP, Royal Dutch Shell et. al).Surprising? I think most people will say NO. :-)

And here's even more interesting to me:

• There are only three (3) Philippine companies that made it to the 2009 Forbes Global 2000 list.

Rank 1138 is Philippine Long Distance Telephone Company (PLDT)

Rank 1580 is Bank of the Philippine Islands (BPI)

Rank 1873 is San Miguel Corporation (SMC)

I hope next year, more Philippine companies will enter this prestigious list. See the complete list at


Popular posts from this blog

How Much Does a MRI Scan Costs in the Philippines?

My dad recently needs to have a Magnetic Resonance Imaging (MRI) scan for his prostate problem. So I made a little research on how much does it cost to have one. Well, turns out, it depends on many factors such as which part of the body is to be scanned. There's also this technique called "MRI with contrast" wherein the patient will be injected with a chemical to make the scan clearer. For your information this technique of adding contrast is know as Gadolinium Contrast Medium . It adds cost to the procedure but with more clarity, the more you can trust the diagnosis. MRI Machine KasugaHuang , CC BY-SA 3.0 , Link So, in my father's case, we had a Prostate MRI and I assume it's without contrast since he was never injected with the "contrast" chemicals. We got it in i-Scan Healthcare Inc here in Quezon City. The cost is 13000 Pesos . Please take not that the amount was just for the scan and the result will be read by a separate professional. Some la

4 Steps to Replace Stolen or Lost Passbook

My passbook (inside my bag) was recently stolen inside a local grocery store and I would like to share the steps I took in order to secure my account and get a new passbook. The steps outlined here is for a BPI savings account but generally the procedure will be very similar to other banks in the Philippines. 1. Call the Bank to Secure Your Account The first and the most crucial step you need to immediately do is to contact your bank either through phone or personally reporting it to the branch where you opened the account. This will ensure that no funds will get out. The bank will lock the account immediately. The big banks have 24/7 hotlines. For BPI, it's 89-100. You have to do this step ASAP after discovering the lost. 2. Go to the Branch to Ask for Replacement of Passbook This can be a simple replacement of the lost passbook but it can also mean closing the entire account and opening a new one for security purposes.

Resigning? SSS Will Deduct Your Loan Balance from Your Last Pay

The purpose of this article is to inform the public about this policy of the Social Security System (SSS), the government-owned insurance company for those employed in the private sector. I just learned about this a few months ago when my company announced a workforce reduction program. Among the sad discussions is about this policy of SSS regarding loans in cases of resignation or retrenchment. Section G-2 of the SSS Loan Terms and Conditions (at the back of the loan application form) explicitly says the following: "The employer shall deduct the total balance of the loan from any benefit/s due to the employee and shall remit the same in full to SSS, in case the member-borrower is separated voluntarily (e.g., retirement or resignation) or involuntarily (e.g., termination of employment or cessation of operations of the company)." In other words, y ou will be required to pay the rest of your loan (including the interest) when you change employer or employment statu