Seven Philippine firms, led by SMIC and BDO, among world's top 2,000 firms
Seven Philippine-based companies led by SM Investments Corp. and BDO Unibank Inc. have been listed among the world's 2,000 largest publicly traded firms by Forbes Magazine, cornering a combined market value of $70 billion.
SMIC leads the pack at 811th place with a market value of $18.67 billion, followed closely by BDO Unibank Inc. at 846th with $15.09 billion in market value.
Apart from Top Frontier Investment Holdings (ranked 1,116th), all companies are members of the Philippine Stock Exchange Index (PSEi) and have shown resilient growth despite global tariff uncertainties.
Top Frontier holds a significant stake of 65.99% in San Miguel Corp., making it the controlling shareholder.
Forbes noted that despite geopolitical uncertainties, all four metrics used to rank companies—sales, profits, assets, and market value—reached record highs this year.
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