FORTY-TWO Philippine corporations were included in Fortune magazine’s 2026 Southeast Asia 500 list, with Philippine conglomerates among the many highest-ranked firms from the country.
Top Frontier Investment Holdings, Inc., the bulk shareholder of San Miguel Corp. (SMC), emerged because the highest-ranked Philippine company at 10th place after posting $25.89 billion in revenue in fiscal yr 2025.
It was followed by SM Investments Corp. (28th), Manila Electric Co. (36th), Ayala Corp. (51st), BDO Unibank, Inc. (52nd), GT Capital Holdings, Inc. (57th), JG Summit Holdings, Inc. (63rd), Aboitiz Equity Ventures, Inc. (69th), Jollibee Foods Corp. (71st), and Bank of the Philippine Islands (85th).
Other Philippine corporations on the list included Cosco Capital, Inc. (86th), Metropolitan Bank & Trust Co. (95th), PLDT Inc. (96th), Robinsons Retail Holdings, Inc. (100th), Alliance Global Group, Inc. (112th), International Container Terminal Services, Inc. (113th), PAL Holdings, Inc. (115th), Globe Telecom, Inc. (119th), LT Group, Inc. (149th), China Banking Corp. (161st), DMCI Holdings, Inc. (174th), Filinvest Development Corp. (176th), and Union Bank of the Philippines (182nd).
Rounding out the Philippine contingent were Security Bank Corp. (202nd), Rizal Industrial Banking Corp. (204th), Monde Nissin Corp. (209th), Synergy Grid & Development Phils., Inc. (211th), Lopez Holdings Corp. (214th), DigiPlus Interactive Corp. (215th), Metro Pacific Investments Corp. (216th), Century Pacific Food, Inc. (217th), Prime Infra Capital, Inc. (246th), and D&L Industries, Inc. (289th).
Also included within the rating were Bloomberry Resorts Corp. (303rd), Basic Energy Corp. (304th), Converge Information and Communications Technology Solutions, Inc. (343rd), SteelAsia Manufacturing Corp. (356th), Metro Retail Stores Group, Inc. (359th), Wilcon Depot, Inc. (403rd), SSI Group, Inc. (437th), Nickel Asia Corp. (453rd), and Asia United Bank Corp. (457th).
Several Philippine corporations maintained their presence on the Fortune Southeast Asia 500 for a 3rd consecutive yr.
SM Investments Corp. (SMIC), along with banking subsidiaries BDO Unibank, Inc. (BDO) and China Banking Corp. (China Bank), remained on the list for the third straight yr.
Amongst Philippine corporations on this yr’s list, SMIC ranked second while BDO placed fifth.
“This recognition reflects the dedication of our people, the trust of our customers, and the beneficial contributions of our partners and tenants. It also underscores the necessary role that companies play in advancing inclusive growth and strengthening Southeast Asia’s economic development and trade landscape,” SMIC President and Chief Executive Officer Frederic C. DyBuncio said in an announcement on Tuesday.
DigiPlus Interactive Corp. also secured its third consecutive appearance on the rating, rising to 215th place from 223rd last yr.
DigiPlus Chairman Eusebio H. Tanco said the most recent inclusion reflects the corporate’s continued growth and performance.
“Making the list for the third straight yr and moving up the ranks reflects the size we now have built and the consistency of our performance. We have a good time how far DigiPlus has come and remain committed to constructing a world-class technology and entertainment company,” he said.
Aboitiz Equity Ventures, Inc. (AEV) likewise retained its place on the Fortune Southeast Asia 500 for a 3rd consecutive yr. UnionBank, the banking arm of the Aboitiz Group, also appeared on the 2026 list.
“Greater than a recognition of size, this distinction reflects our ability to evolve, adapt, and create meaningful impact,” AEV President and Chief Executive Officer Sabin M. Aboitiz said in an announcement.
“As a portfolio manager, we’re focused on strengthening our businesses today while investing within the opportunities of tomorrow. Guided by innovation and a long-term perspective, we remain committed to helping construct a greater and more sustainable future for the Philippines and the region,” he added.
AEV said its portfolio corporations continued to pursue expansion and investment initiatives in 2025, including AboitizPower’s acquisition of the Caliraya-Botocan-Kalayaan hydroelectric power complex and Aboitiz Foods’ acquisition of Singapore-based Diasham Resources.
Fortune said commodity and energy corporations, which have dominated the rating since its launch in 2024, are growing more slowly, although they still account for a big share of the list’s revenue and profits.
The highest five corporations overall were Singapore’s Trafigura Group, Thailand’s PTT Public Co. Ltd., Indonesia’s PT Pertamina, and Singapore-based Wilmar International Ltd. and Olam Group. — Alexandria Grace C. Magno