News August 04, 2025

These PH Firms Made the Fortune Southeast Asia 500 List

One Filipino company has been included in the top 10 of the Fortune Southeast Asia 500 list.

The second annual Fortune Southeast Asia 500 has been released. The ranked list is based on revenues for the companies’ latest available respective fiscal years that ended on, or before, Dec. 31, 2024.

The 500 companies are from seven Southeast Asian countries that “continue to make their mark on the region’s economy,” according to Fortune. These seven countries are as follows:

Cambodia
Indonesia
Malaysia
Philippines
Singapore
Thailand
Vietnam

Topping this year’s list is Singapore’s Trafigura Group, one of the largest commodities companies in the world. Trafigura Group is ranked no. 23 in the Fortune Global 500 list.

The Philippines contributed a total 40 companies to the list, and one of them has joined Trafigura Group in the top 10.

10 Highest-Ranking PH Companies in Fortune Southeast Asia 500

The following are the 10 highest-ranking companies from the Philippines that have been included in the Fortune Southeast Asia 500 list:

#9 San Miguel Corporation

San Miguel Corporation is the only Philippine company to break into the list’s top 10, securing the ninth spot. Classified by Fortune under the beverages industry, San Miguel recorded a revenue of nearly $27.5 billion (approximately Php1.57 trillion).

#25 SM Investments Corporation

SM Investments ranks 25th in this year’s list with a revenue of almost $11.43 billion (approximately Php654.22 billion). Classified by Fortune under the Real Estate Industry, SM Investments also has interests in retail and banking.

#35 Manila Electric Company / Meralco

Ranked 35th is electric power distribution company Manila Electric, more commonly known as Meralco. The company recorded a revenue of $8.21 billion (approximately Php470.03 billion) in the last fiscal year.

#47 Ayala Corporation

Ayala Corporation, one of the Philippines’ oldest companies, takes 47th place in this year’s rankings. With a revenue of nearly $6.46 billion (approximately Php369.94 billion), Ayala has interests in telecoms, real estate, insurance, power generation, and more.

#50 JG Summit Holdings

Making it to the top 50 is the Gokongwei family’s JG Summit Holdings, one of the largest and most diversified conglomerates in the country. With subsidiaries like Universal Robina Corporation (URC) and Cebu Pacific Air, JG Summit Holdings recorded a revenue of almost $6.24 billion (approximately Php357.34 billion)

#52 BDO Unibank

Part of the SM conglomerate, BDO Unibank ranks 52nd in this year’s Fortune Southeast Asia 500 list. Classified by Fortune under the commercial banking industry, BDO Unibank’s revenue in the last fiscal year rose to nearly $6.11 billion (approximately Php349.91 billion).

#61 GT Capital Holdings

GT Capital Holdings, another large-scale conglomerate in the country, is 61st on the list with a revenue of around $5.61 billion (approximately Php321.45 billion). GT Capital Holdings has interests in banking, automotive assembly, property development, and more. Metrobank and Federal Land are only two of the companies in its portfolio.

#68 Aboitiz Equity Ventures

A publicly listed arm of the Aboitiz Group, Aboitiz Equity Ventures ranks 68th this year with a revenue of $5.29 billion (approximately Php303.26 billion). Aboitiz Equity Ventures has interests in banking and finance, power, and food and beverages.

#79 Jollibee Foods Corporation

Ranking 79th is Jollibee Foods Corporation, which recently changed its official corporate name to Jollibee Group. With brands like Jollibee, Chowking, and Mang Inasal in its portfolio, Jollibee Foods Corporation recorded a revenue of almost $4.71 billion (approximately Php270.01 billion).

#88 Cosco Capital

The 10th highest-ranking Philippine company in the Fortune Southeast Asia 500 List is Cosco Capital, which recorded a revenue of nearly $4.14 billion (approximately Php237.33 billion). Subsidiaries of Cosco Capital include Puregold Price Club, Inc., Office Warehouse, Inc., and S&R Membership Shopping.