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Most often, business entities are formed to sell a product or a service. There are many types of business entities defined in the legal systems of various countries. These include corporations, cooperatives, partnerships, sole traders, limited liability companies and other specifically permitted and labelled types of entities.
In the Philippines, a government-owned and controlled corporation ( GOCC ), sometimes with an "and/or", [ 1] is a state-owned enterprise that conducts both commercial and non-commercial activity. Examples of the latter would be the Government Service Insurance System (GSIS), a social security system for government employees.
Philippine National Oil Company: Oil & gas Exploration & production Taguig: 1973 State oil & gas Philippine Postal Corporation: Industrials Delivery services Manila: 1767 Postal service Philippines AirAsia: Consumer services Airlines Pasay: 2010 Airline Philippine Savings Bank: Financials Banks Makati: 1959 Savings bank, part of Metrobank
S. Sports companies of the Philippines (3 C) Categories: Companies of the Philippines by industry. Service companies by country. Service industries in the Philippines. Service companies of Asia by country.
A typical micro business is a business that employs nine people or fewer, with assets of ₱3 million and below . In the Philippines, about 90 percent of all businesses are categorized as micro businesses. These consist of enterprises engaged in industry, agribusiness and or services, whether single proprietorship, cooperative, partnership or ...
23. Ocean Fast Ferries, Inc. (OceanJet) 1995. 16. Philippine Span Asia Carrier Corporation. 1973. 142. Formerly Sulpicio Lines from 1973 to 2012; changed name and stopped passenger services following the tragic sinking of its passenger ship MV Princess of the Stars in 2008. [ 4]
The Government Service Insurance System ( Filipino: Paseguruhan ng mga Naglilingkod sa Pamahalaan, abbreviated as GSIS) is a government-owned and controlled corporation (GOCC) of the Philippines. Created by Commonwealth Act No. 186 and Republic Act No. 8291 (GSIS Act of 1997), GSIS is a social insurance institution that provides a defined ...
PNR Motor Service – a bus company under Philippine National Railways with subsidiaries Bengued Auto Line and the Cavite Line Transportation whole of Luzon. The company has so far invested P24.22 million for the acquisition of 154 bus units now operating in the whole of Luzon. Philippine Corinthian Liner Inc. - Established in 1997 [17]