#1 - Phil. Long Distance Telephone company (PLDT) 2006 Rank: #1 Net Income: P36.0 Billion Revenues: P146.1 Billion Assets: P240.2 Billion

Founded on November 28, 1928, Philippine Long Distance Telephone Company (PLDT) is the leading telecommunications provider in the Philippines. Through its three principal business groups - fixed line, wireless, and information and communication technology - PLDT offers the largest and most diversified range of telecommunications services across the Philippines’ most extensive fiber optic backbone and fixed line, cellular and satellite networks.

#2 - Ayala Corporation 2006 Rank: #3 Net Income: P16.2 Billion Revenues: P78.7 Billion Assets: P196.4 Billion

From a fledgling company in 1834, it has become one of the largest, most respected, and most widely diversified conglomerates in the Philippines today. Living up to its vision for dynamic and sustained growth, Ayala today holds a portfolio of diverse business interests, helping prepare the country to meet the challenges of the new century. Aside from real estate and financial services, the company has invested in automotive, telecommunications, electronics and information technology, water infrastructure development and management, and international operations.

#3 - Globe Telecom, Inc. 2006 Rank: #4 Net Income: P13.2 Billion Revenues: P68.0 Billion Assets: P116.6 Billion

Globe Telecom is a leading telecommunications company in the Philippines. As a pioneer, Globe Telecom continues to be a part of the revolution that’s connecting millions of people across the Philippines and around the world - a testament to our continuing commitment to nation-building. As multimedia becomes more pervasive, we fully intend to introduce compelling new products to further enrich the lives of Filipinos everywhere.

#4 - SM Investments Corporation 2006 Rank: #5 Net Income: P12.0 Billion Revenues: P126.0 Billion Assets: P234.5 Billion

SM Investments Corporation is the holding company of the SM Group. Publicly listed in 2005, it is today one of the Philippines' biggest conglomerates, occupying a dominant position in most of its lines of business, namely, shopping malls; retail merchandising; banking and finance; and property.

#5 - Bank of the Philippine Islands 2006 Rank: #8 Net Income: P10.0 Billion Revenues: P48.2 Billion Assets: P637.3 Billion

Founded in 1852, Bank of the Philippine Islands (BPI) was incorporated on January 4, 1943 and went public on October 12, 1971. BPI's principal subsidiaries are composed of BPI Family Savings Bank, Inc., BPI Capital Corporation, BPI Leasing Corporation, BPI Direct Savings Bank, BPI International Finance Limited, BPI Express Remittance Corporation, Ayala Life Insurance, Inc., and BPI/MS Insurance Corporation. BPI has 895 traditional branches across the Philippines, including 211 Express Banking Centers and 20 newly launched "BPI Express" by the end of 2006. BPI's ATM network, known as the ExpressNet, has a total of 2,752 ATMs as of December 2006. The company also operates 17 remittance centers and desks located in Hong Kong, USA and Europe.

#6 - PNOC Energy Development Corp. 2006 Rank: #10 Net Income: P8.65 Billion Revenues: P23.4 Billion Assets: P65.1 Billio

PNOC was created to provide and maintain an adequate and stable supply of oil. Focusing its efforts and resources in learning the ropes of the petroleum industry, PNOC rose to occupy market leadership in an industry thought to be the domain of multinationals. Its charter was amended to include energy exploration and development. After its creation, PNOC serves as the key institution in the exploration development and utilization of indigenous energy sources. Developments in the country as well as the global front make it imperative for the company to get more involved in new and renewable energy activities and projects.

#7 - San Miguel Corporation 2006 Rank: #6 Net Income: P8.63 Billion Revenues: P163.7 Billion Assets: P288.1 Billion

Established in 1890 as a brewery, San Miguel Corporation (SMC) is Southeast Asia's largest publicly listed food, beverage and packaging company with over 15,000 employees in over 100 major facilities throughout the Asia-Pacific. One of the Philippines' leading business conglomerates, San Miguel carries the brand names of some of the most formidable players in the Philippine food and beverage industry, including San Miguel Pale Pilsen, Ginebra San Miguel, Monterey, Magnolia, and Purefoods. San Miguel Beer--the company's flagship product--is one of the largest selling beers and among the top 15 beer brands in the world.

#8 - JG Summit Holdings, Inc. 2006 Rank: #11 Net Income: P8.61 Billion Revenues: P92.5 Billion Assets: P229.9 Billion

JG Summit Holdings, Inc. (JGS), which is controlled by the Gokongwei Family, has business interests in other sectors, including printing, packaging and insurance. The company conducts its businesses throughout the Philippines, but primarily in and around Metro Manila and in the regions of Visayas and Mindanao. JGS, through its subsidiaries, also has businesses in China and the ASEAN region. The company's subsidiaries and affiliates include listed companies Digital Telecommunications Philippines, Inc., Robinsons Land Corporation and Universal Robina Corporation, and other companies such as Litton Mills, Inc., Cebu Pacific Air Holdings, Inc., JG Summit Petrochemicals Corporation and Premiere Printing Company, Inc.

#9 - Pilipino Telephone Corp. (Piltel) 2006 Rank: #7 Net Income: P8.3 Billion Revenues: P15.2 Billion Assets: P16.83 Billion

Pilipino Telephone Corporation (Piltel) is the Philipines' third largest cellular mobile telephone service provider. A subsidiary of Smart Communications, Inc. (Smart), Piltel has over 10 million prepaid subscribers as of end-January 2008 under the GSM brand Talk 'N Text, the third-largest brand in the country.

#10 - APC Group, Inc. 2006 Rank: #232 Net Income: P7.2 Billion Revenues: P384 Million Assets: P501 Million

The Group's principal activities are carried out through its Telecommunications andTransmission, and General Services divisions. Telecommunications and Transmission owns and operates a local exchange with a mega franchise in northeastern and central Mindanao with about 27,000 subscribers. General Services division provides security and cleaning services. Customers include Asian Development Bank, Asian Hospital and Edsa Shangri-La Plaza Hotel. The Group also provides in-house services to affiliates such as Belle Corporation, Tagaytay Highlands, Philcom and SM Malls.

#11 - Metropolitan Bank & Trust Co. 2006 Rank: #14 Net Income: P7.0 Billion Revenues: P56.5 Billion Assets: P716.1 Billion

The Metrobank Group has a combined network of over 800 local and international branches/offices, remittance offices and subsidiaries worldwide. It has 557 domestic branches and 32 offices in New York, Hong Kong, Tokyo, Osaka, Seoul, Pusan, Guam, Taipei, Kaohsiung, Madrid, Barcelona, Vienna, Rome, Bologna, Milan, Singapore, Chicago, Hawaii, and Shanghai. The bank’s total capital funds on June 30, 2006 stood at P57.3 billion. Its consolidated resources amounted to P588.1 billion as of the same period. MBT's significant subsidiaries include, among others, Metro Remittance Center, Inc., Metro Remittance Singapore Pte. Ltd., First Metro International Investment Company Limited, Global Business Holdings, Inc., First Metro Investment Corporation, Philippine Savings Bank, Metrobank Card Corporation, Toyota Motor Philippines Corporation and ORIX Metro Leasing and Finance Corporation.

#12 - Banco de Oro Unibank, Inc. 2006 Rank: #19 Net Income: P6.5 Billion Revenues: P54.5 Billion Assets: P617.4 Billion

The merger of banking industry stalwarts Banco de Oro Universal Bank and Equitable PCI Bank gave rise to BDO, which today represents an unparalleled consolidation of the distinct strengths of the merged banks. Banco de Oro has built a remarkable reputation as a universal bank, providing a wide range of corporate, commercial, retail, and investment banking services in the country. On the other hand, EPCI lays claim to a proven track record in commercial banking, middle market and SME lending, trust, leasing, and remittances. Both have reaped numerous awards from prestigious international publications.