Filipino firms excel in Time's Asia-Pacific best companies list

Several major Philippine companies, including Ayala Corporation and San Miguel Corporation, led 29 Filipino firms named among Time Magazine's inaugural list of the 500 Best Companies in Asia-Pacific for their robust growth and sustainable practices last year.

Ayala Corp. ranked at number 46, followed by San Miguel Corp. at 85th place, Security Bank Corp. at 88th, SM Investments Corp. at 109th, BDO Unibank Inc. at 112th, and Jollibee Foods Corp. at 116th, demonstrating the country's business resilience amid global uncertainties.

Other notable Philippine firms on the list include Cebu Pacific Air (178th), the Aboitiz Group (188th), Robinsons Retail Holdings (211th), Petron Corp. (216th), China Banking Corp. (238th), and JG Summit Holdings Inc. (265th).

The ranking is based on revenue growth, employee satisfaction surveys, and environmental, social, and corporate governance data, reflecting the importance of sustainable practices in the region’s top businesses.

Companies like DBS Bank and Maybank lead half of the top ten rankings, highlighting the boom in solutions-based sustainability investments and digital transformation across Asia-Pacific.