MDC News
BUSINESS WORLD FEATURES MDC
Business World’s Top 1000 Corporations in the Philippines magazine is a ranking of the country’s 1000 biggest companies in terms of annual revenues, computed on a parent company basis.
On the magazine’s 20th year, it features 20 companies that had been part of the list for the past 20 years. It includes companies that are “Seasoned through Time.” These companies have weathered the tests of time and have managed to come out victorious in the midst of difficulties.
The stories of the companies featured in this edition of Business World are testimonies of both failures and successes for the past 20 years.
MDC consistently made the cut in this prestigious list of Top 1000 Companies in the Philippines. From being just a contractor of horizontal, vertical and infrastructure projects, MDC has evolved into an efficient provider of Engineering, Procurement, and Construction services.
MDC initiated different schemes to cope with the Asian Financial Crisis in the late 1990’s. These included cost cutting, multi-tasking, teamwork, optimizing existing capital assets, and maintaining strict financial discipline.
The difficulties that MDC experienced in the past helped it develop a sense of learning and humility. MDC’s willingness to move forward and to effectively adjust to the changing circumstances geared the company to where it is now.
Companies also featured in this edition of Business World include: Monterey Foods, Petron, SM Mart, EEI, Mercury Drug, ABS-CBN Broadcasting Corp., Philippine Airlines,Inc., and Ayala Corp.
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In March 2003, MDC earned ISO Certification for ISO-9001: Version 2000 for Quality Management System and ISO-14001 for Environmental Management System from Certification International (UK) Limited/United Kingdom Assessment Services and OHSAS-18001 for Occupational Health and Safety from Certification International Philippines, Inc. hence, first construction company in the country with the distinction of receiving all three certifications at the same time.