1.

PLDT, or the Philippine Long Distance Telephone Company, is one of the largest and most
prominent telecommunications companies in the Philippines.

 Brief History

PLDT was founded in 1928 as a state-owned enterprise during the American colonial period in
the Philippines. It started as a telephone company, providing long-distance and local telephone services
to the Filipino population. Over the years, it expanded its services to include not only fixed-line
telephony but also mobile communication, internet services, and other telecommunications-related
offerings.

 Worldwide Reach:

o International Subsidiaries: PLDT has invested in and acquired stakes in various international
telecommunications companies, expanding its reach to countries such as Indonesia,
Myanmar, and Thailand. These investments have helped it tap into the growing
telecommunications markets in Southeast Asia.

 Attributes as a Global Corporation:

o Innovation: PLDT has shown a commitment to innovation, investing in advanced

o Global Connectivity: PLDT's international network connectivity and partnerships position it

2. PLDT, the Philippine Long Distance Telephone Company, has achieved a significant share of market
integration for several reasons:

 Early Establishment: PLDT was one of the earliest telecommunications providers in the Philippines.
It was founded in 1928 during the American colonial period, giving it a head start in building the
necessary infrastructure and networks. This early establishment allowed it to gain a strong foothold
in the market.

 Government Privatization: In 1967, the Philippine government decided to privatize PLDT. This
move allowed the company to operate more efficiently and profitably, attracting private sector
investments and expertise. Privatization enabled PLDT to modernize its operations and expand its
services rapidly.
  Network Infrastructure: PLDT has invested heavily in building a robust network infrastructure,
including landline, mobile, and internet services. This extensive infrastructure has allowed PLDT to
offer a wide range of services to a broad customer base, contributing to market integration.

3. The "International Monetary Fund" (IMF). The IMF is an international organization that was
established in 1944 with the primary goal of promoting global monetary cooperation, exchange rate
stability, balanced trade, economic growth, and the stability of financial systems worldwide. It
provides financial assistance and policy advice to its member countries to help them address balance
of payments problems and achieve economic stability. The IMF also conducts research and analysis
on global economic trends and provides policy recommendations to member countries to foster
global economic stability and growth.

4. The International Monetary Fund (IMF) has played a significant role in assisting the Philippines
in improving its economy over the years. Overall, the IMF's role in the Philippines has been to
provide financial assistance when needed. The extent to which the Philippines benefits from this
engagement depends on the specific circumstances and policies adopted by the government in
collaboration with the IMF.

 Financial Assistance: The IMF has provided financial support to the Philippines during times of
economic crisis. For example, during the Asian financial crisis in the late 1990s, the Philippines
sought assistance from the IMF to stabilize its economy. The IMF's financial assistance packages
often come with conditions and policy recommendations aimed at restoring fiscal and monetary
stability.

 Policy Advice: The IMF offers policy advice and technical assistance to the Philippine government.
This advice covers a wide range of economic and financial issues, including fiscal policy, monetary
policy, exchange rate management, and structural reforms. The IMF's recommendations are based
on its expertise and global economic analysis, helping the Philippines make informed policy
decisions.

 Economic Surveillance: The IMF conducts regular economic assessments of the Philippines as part
of its surveillance function. This involves reviewing the country's economic and financial policies,
identifying vulnerabilities, and making policy recommendations to maintain stability and promote
sustainable growth. These assessments provide valuable insights for the Philippine government.

 Capacity Building: The IMF assists the Philippines in building its capacity to design and implement
effective economic policies. This includes technical assistance and training programs aimed at
strengthening institutions, improving economic governance, and enhancing the country's ability to
manage its economy.