COMPANYHISTORIES

Philippines

Companies based in Philippines, and the events that shaped them.

7companies1851–1987founding years7still active0no longer operating
§ 01

Philippines companies over time

Companies foundedEconomyTechnologyEnvironmentHistory
FoundedBank of the Philippine Islands
1851
TechnologySinger's sewing machine mechanizes garment-making.
1856
TechnologyBessemer's process makes cheap steel possible.
1857
EconomyThe Panic of 1857 spreads through banks and railroads.
1859
TechnologyDrake's well at Titusville launches the oil industry.
1867
TechnologyNobel patents dynamite.
1869
EconomyThe transcontinental railroad links the American coasts.
EconomyThe Suez Canal opens, reshaping global shipping.
1873
EconomyLevi Strauss patents riveted denim work pants.
EconomyThe Panic of 1873 triggers a global depression.
1876
TechnologyAlexander Graham Bell patents the telephone.
1879
TechnologyEdison demonstrates a practical incandescent lamp.
1882
TechnologyEdison's Pearl Street Station opens the electric-utility era.
1886
EconomyCoca-Cola is first served in Atlanta.
TechnologyThe Hall-Heroult process makes aluminum cheap to produce.
1888
TechnologyKodak's roll-film camera brings photography to everyone.
1893
EconomyThe Panic of 1893 pulls down banks and overbuilt railroads.
FoundedBenguet CorporationFoundedManila Electric Company (Meralco)
1903
TechnologyThe Wright brothers achieve powered flight.
1908
TechnologyFord's Model T puts the automobile within reach of the middle class.
FoundedSan Miguel Corporation
1913
TechnologyFord's moving assembly line transforms factory production.
1914
EconomyWorld War I begins; global trade reorders.
1916
EconomyPiggly Wiggly opens the first self-service grocery store.
1925
EconomyThe Grand Ole Opry begins broadcasting from Nashville.
1927
TechnologyThe Jazz Singer ushers in the era of sound films.
TechnologyLindbergh flies the Atlantic solo, and aviation captures the public.
1928
TechnologyPenicillin is discovered, opening the age of antibiotics.
1929
EconomyThe stock market crashes; the Great Depression spreads worldwide.
1931
EconomyThe Empire State Building rises in just over a year.
1933
EconomyThe first drive-in movie theater opens in New Jersey.
1937
EconomyThe Golden Gate Bridge opens as the world's longest suspension span.
1939
EconomyWorld War II begins; wartime production surges.
FoundedPhilippine Airlines, Inc.
1941
FoundedMercury Drug Corporation
1945
EconomyThe war ends; a long global expansion begins.
1946
TechnologyENIAC, the first general-purpose electronic computer, is unveiled.
1947
TechnologyThe transistor is invented.
1955
EconomyMcDonald's franchising begins, remaking fast food.
EconomyDisneyland opens and invents the modern theme park.
1956
TechnologyThe first transatlantic telephone cable opens.
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
EconomyThe first Walmart opens, built on everyday low prices.
1969
TechnologyARPANET, the internet's precursor, goes live.
1971
EconomyThe dollar leaves the gold standard; currencies float.
1973
EconomyThe OPEC oil embargo triggers a global shock.
1975
TechnologyThe personal-computer era begins.
1979
EconomyA second oil crisis drives inflation higher worldwide.
1981
TechnologyThe IBM PC launches and sets a standard.
TechnologyThe first US in-vitro fertilization baby is born.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
FoundedPetron Corporation
1987
EconomyBlack Monday: markets fall sharply around the world.
1989
HistoryThe Berlin Wall falls; global markets open up.
1991
TechnologyThe World Wide Web is released to the public.
TechnologyLinux and open source challenge proprietary software.
1993
TechnologyThe Mosaic browser brings the web to everyone.
1994
TechnologyE-commerce begins to disrupt retail.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
1997
EconomyThe Asian financial crisis rattles global markets.
EnvironmentThe Kyoto Protocol sets the first climate targets.
1999
TechnologyNapster ignites the digital disruption of recorded music.
2000
EconomyThe dot-com bubble bursts.
TechnologyGPS opens to civilian use, turning location into a utility.
2004
TechnologySocial media and Web 2.0 take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2008
EconomyThe global financial crisis freezes credit worldwide.
2010
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

Bank of the Philippine Islands →
Active · founded 1851 · Philippines
Net Earnings: P 5.17 billion ($938 million)(2002) Stock Exchanges: Philippines Ticker Symbol: BPI NAIC: 522110…
Benguet Corporation →
Active · founded 1903 · Philippines
Former Philippines mining giant Benguet Corporation has been redefining itself as a "total natural resource development…
Manila Electric Company (Meralco) →
Active · founded 1903 · Philippines
The Manila Electric Company, or Meralco, is the Philippines' largest distributor of electrical power.
San Miguel Corporation →
Active · founded 1913 · Philippines
Best known for its internationally distributed beer, San Miguel Corporation can only be described in superlatives.
Philippine Airlines, Inc. →
Active · founded 1941 · Philippines
Philippine Airlines, Inc.
Mercury Drug Corporation →
Active · founded 1945 · Philippines
Mercury Drug Corporation is the Philippines' dominant pharmacy group.
Petron Corporation →
Active · founded 1987 · Philippines
Petron Corporation is the Philippines' leading refiner, marketer, and distributor of petroleum-based products.
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