PH Growth Champions to be named March 29
After months of deliberation, the inaugural list of the Philippines’ Growth Champions, put together by the Philippine Daily Inquirer (PDI) and international market research firm Statista, will be revealed on March 29.
These Growth Champions come from diverse fields and were chosen based mainly on their revenue growth from 2016 to 2019.
The Philippines’ Growth Champions seeks to showcase companies that were able to consistently record stellar revenue figures over the past few years, thus increasing their chances of weathering the COVID-19 storm.
Celebrating these accomplishments is part of the Philippine Daily Inquirer’s thrust to champion Filipinos and tell their story, which was why it did not hesitate to partner with Statista to put out the inaugural list. As PDI Chief Operating Officer Rudyard Arbolado said: “We are honored to partner with Statista in publishing ‘The Philippines’ Growth Champions 2021.’ The report will enable us to highlight and recognize the contribution of fast-growing enterprises to the Philippine economy and nation-building in general.” “These companies are expected to be crucial components to our country’s business recovery efforts. The Philippine Daily Inquirer is committed to helping these enterprises achieve their objectives,” Arbolado added. Inclusion in the ranking is indeed a visible and public acknowledgement of these companies’ enviable performance.
Those in the winners’ circle posted revenues of at least P5 million in 2016 and at least P50 million in 2019. They must be headquartered in the Philippines and the revenue growth must be primarily organic or internally generated.
Talking about the initiative, Felix Kapel, Lead Analyst in this project at Statista, said:, “The Philippines has shown a sustained growth over the years amid rising global uncertainty and inflationary pressure. That’s the reason why we decided to partner with the renowned Philippine Daily Inquirer and launch this research project; we want to provide an overview of the businesses and entrepreneurial superstars, the driving forces of this development.”
