The recent recognition of seven domestic companies in the 2025 Forbes Global 2000 list not only underscores the financial strength of the country’s top corporations — it also reflects a broader story of resilience and national progress, according to SM Investments Corporation (SMIC), the highest-ranking Filipino firm on this year’s list.
SMIC, which landed at 811th, topped local firms with $10.56 billion in revenues, $1.44 billion in profits, $29.37 billion in total assets, and a market capitalization of $18.67 billion. Anchored in retail, banking, and property, the Sy-led conglomerate remains a dominant force in Philippine business.
For SMIC president and CEO Frederic DyBuncio, the global recognition highlights not just business performance, but the evolving strength of the Philippine economy.
“Being named the country’s top company on the Forbes Global 2000 list reflects the broader story of a resilient and evolving Philippine economy — driven by strong fundamentals, vibrant local enterprise and consumption, and the enduring optimism of our people,” DyBuncio said in a statement.
Platform for sustained progress
“At SM, we strive to be a platform for sustained progress by enabling inclusive growth and supporting communities to thrive.”
The Forbes Global 2000 ranks the world’s largest public companies based on a composite score of sales, profits, assets and market value. The inclusion of seven Philippine firms in 2025 signals the country’s rising influence in the global economy — driven by financial strength, regional expansion, and operational diversity.
DyBuncio emphasized that while rankings may shift year to year, SM’s commitment to value creation and nation-building remains unchanged.
“Rankings may shift over time, but our purpose remains constant: to create meaningful impact and long-term value for our stakeholders. We remain committed to working with partners across sectors to help shape a more resilient, equitable, and future-ready Philippines.”
Following SMIC is BDO Unibank, ranked 846, reaffirming its standing as the nation’s largest financial institution. Also part of the SM Group, BDO posted $6.31 billion in revenue, $1.43 billion in profit, and commands $84.33 billion in assets — the largest among the seven Filipino firms on the list. Its market capitalization stands at $15.09 billion.
