In my opinion, the most powerful
person in the Philippines is Manny V. Pangilinan, or more popularly called MVP.
I believe that he controls majority of our economy, not in terms of the actions
of the people, which is the job of the government through the laws, but in
terms of providing for the needs of everyone. One such example is electricity.
Manny V. Pangilinan recently acquired a huge percentage of Meralco Corp. which
provides electricity to every single household in our country. If one day he
decides to stop all functions of Meralco, then everyone will be surely affected
by it. Even the government cannot control him. Next, he also owns PLDT
(Philippine Long Distance Telephone Company), Smart Telecommunications, Inc.,
Philex Mining Corporation and Philex Petroleum Corporation, NLEX (North Luzon
Expressway), Makati Medical Hospital, and a lot more.
As you can see, he also controls
the telecommunications sector, which is every household’s necessity. You may
say that there is still Globe Telecommunications and other services; however,
Globe can only serve those with cellphones and has not yet perfected its
landline service. PLDT is definitely the best in our country when it comes to
landline and at the same time, broadband or internet connection. Furthermore,
he also controls NLEX which is the only major hi-way connecting the metro to
the northern part of our country. Having control of over 10 major hospitals is
also a big deal. Hospitals are very important because people cannot stay
healthy forever. We also consider health as wealth, as some say, because no
matter how rich you are, if you get sick with cancer or some uncurable disease,
then there’s no use of being rich if you cant move or function properly. Last
but not the least, he owns Philex Mining Corporation which is divided into two:
Philex Mining Corporation is the mining business, while Philex Petroleum
Corporations is the gas and oil business. In the past few months, it has been
evident that the mining industry has experienced a boost and is being clamored
by all. They discover and process minerals and energy resources for the use of
society (Philex
Mining Corporation) . This business is considered a
“jackpot” because, for example, you find gold. Its price is, more often than
not, increasing so you are sure that you will profit.
These are just some of the
companies that Manny V. Pangilinan owns and controls. It may seem like he’s
some sort of god because of all his power and wealth, but the truth is, he also
started from nothing and slowly climbed up the ladder. He remained true to
himself and persisted. I believe that all of us should emulate his attitude of
determination and hard work so that one day, we too will be able to succeed. (Word Count: 474)
Philex Mining Corporation. 2007. Web. 16 Jan. 2012. < http://philexmining.com.ph//index.php?option=com_content&task=view&id=25&Itemid=43>
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