A concession contract is only as strong as the political consensus behind it.
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Conglomerates & Family Groups
Ayala, SM, JG Summit, Aboitiz and the family holding structures that dominate Philippine business.
- 5 guides
- Updated Aug 26, 2026
Latest in Conglomerates & Family Groups
Aboitiz: The Cebu Family That Was Ready When the State Sold
A century of running provincial utilities was not a strategy. It was what made the auction winnable.
JG Summit: The Challenger That Attacked Every Comfortable Market
Fat margins in a sleepy market are not a fact. They are an invitation.
SM: The Shoe Store That Became the Country’s Town Square
A mall in a tropical megacity is not retail. It is public infrastructure with rent attached.
Ayala: The Company That Built Makati Out of Farmland
Two centuries of survival across five political systems is the actual competitive advantage.
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