These leading conglomerates in the Philippines are all worth considering when planning your stocks investments portfolio this year
Investing in stocks can be a tricky business but it's all worth the risk. After all, hard-earned money deserves to be saved, secured, and grown for a more sensible use in the future.
With the dynamic movement of economic conditions as well as the volatility of the stock market, however, it is best to put your money in bluechip stocks, or in companies which are long-established and generally stable.
For a beginner's guide in stocks investment, here's a short list of the top Philippine-based conglomerates (in alphabetical order) and the various industries they are part of. Other companies are worth investing in as well but these are the ones who dominate Philippine economy. As such, this could help for an easy entry into this maze called stocks investment.
ABOITIZ EQUITY VENTURES, INC.
One of the best managed companies in the country, Aboitiz Equity Ventures has business interests in power, banking and financial services, food manufacturing, infrastructure, and real estate development.
PSE Listing/s: Aboitiz Equity Ventures, Inc. (AEV), Aboitiz Power Corporation (AP), Union Bank of the Philippines, Inc. (UBP)
See more about: Erramon Aboitiz, Danel Aboitiz, Enrique Aboitiz, Sabin Aboitiz, Luis Miguel Aboitiz, Barbara Brandner-Aboitiz, Melissa Aboitiz-Elizalde, Maryann Aboitiz-Arculli, Ane Miren Aboitiz-Preysler