logo
40 PH companies in Fortune Southeast Asia 500 list

40 PH companies in Fortune Southeast Asia 500 list

GMA Network3 days ago

Forty companies from the Philippines were included in the Fortune Southeast Asia 500 list for 2025, which ranks the 500 biggest companies in the region based on their revenues, at the average exchange rate during the year.
According to Fortune, the latest list shows a snapshot of a region that it described as 'ready to take advantage' of shifts in the global supply chain, and booming industries such as mining, electric vehicles, and artificial intelligence.
This year's list was topped for the second straight year by Singapore-headquartered Trafigura Group with $243.201 billion.
It was followed by Thailand's PTT with $87.635 billion, Indonesia's Pertamina with $75.327 billion, and Singapore-based Wilmar International with $67.379 billion, and Olam Group with $42.028 billion.
Revenue and profit figures for the companies reporting in their local currency were converted to US dollars at the average exchange rate during each company's fiscal year, with the minimum revenue threshold set at $349.4 million.
The collective companies on the 2025 list recorded $1.82 trillion in revenue in 2024, higher than the $1.79 trillion in 2023.
'Together, the Southeast Asia 500 companies are playing an increasingly important role in global supply chains — capturing manufacturing capacity from shifting from China, which is drawing significant capital flows and reshaping global trade dynamics,' Fortune said.
Below is a list of the Philippine companies included in the list:
— RSJ, GMA Integrated News

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Marcos meets with Japanese tourism sector
Marcos meets with Japanese tourism sector

GMA Network

time6 hours ago

  • GMA Network

Marcos meets with Japanese tourism sector

President Ferdinand ''Bongbong'' Marcos Jr. met with Japanese tourism partners on Friday as part of his working visit in Japan. In a meeting with tourism stakeholders, Marcos was given an overview of key interests and opportunities for Philippine tourism in Japan. The stakeholders represent important areas of tourism, including industry associations, travel and tour companies, airlines and airports. Those part of the meeting were the Japan Tourism Agency (JTA), Japan Association of Travel Agents (JATA) Kansai / JTB West Japan Area Representative, Japan Philippines Tourism Council (JPTC), Kansai Regional Division, HIS Co., Ltd., Nippon Travel Agency, Hankyu Travel International Co., Ltd., Kansai Airports, Philippine Airlines (PAL), and Cebu Pacific. According to Tourism Secretary Christina Frasco, Marcos highlighted his prioritization of tourism development through the help of infrastructure. She said the President mentioned the development of airports in the metro and in other regions. ''This was received very well by our Japanese stakeholders, especially considering that our data shows that Japanese travelers favor Cebu, Palawan, Boracay, Bohol, and are also very interested in other emerging island destinations across the country,'' she said. The President also gave his commitment as regards the Philippine government's continued prioritization of connectivity, Frasco said. Marcos also mentioned the Department of Tourism's Philippine Experience Heritage, Culture, and Arts Caravans. Meanwhile, Philippine Ambassador to Japan Mylene Garcia-Albano said Marcos wants to show his appreciation to all those who worked together in producing the Philippine Pavilion at the World Expo Osaka 2025. She also described relations between the Philippines and Japan as robust, with many sectors being active as a result of an exchange of high-level visits from both countries in recent months and years. — Anna Felicia Bajo/RSJ, GMA Integrated News

PH grants Taiwan passport holders visa-free entry starting July 1, 2025
PH grants Taiwan passport holders visa-free entry starting July 1, 2025

GMA Network

time18 hours ago

  • GMA Network

PH grants Taiwan passport holders visa-free entry starting July 1, 2025

The Philippine government announced it is granting Taiwan passport holders a visa-free entry starting July 1, 2025. In a social media post, the Manila Economic and Cultural Office (MECO) said Taiwan passport holders may enter the country for tourism purposes 'without a visa for a non-extendible and non-convertible period of 14 days.' The following requirements need to be presented: -passport valid for at least six months -confirmed hotel accommodation/booking -proof of financial capacity -return ticket or onward ticket to the next country of destination For Taiwan passport holders intending to stay in the Philippines for more than 14 days or for purposes other than tourism, a visa shall be required with the following requirements: -duly accomplished and signed visa application form -passport valid for at least six months -Taiwan ID -proof of round -rip ticket reservation, if any -visa application fee 'For other visa categories such as applications for multiple-entry visa, crew-list visa, and long-term visa, the standard requirements and procedures shall remain applicable,' MECO said. Earlier, Taiwan extended the visa-free privilege for Filipinos, as well as citizens of Thailand and Brunei for one year or from August 1, 2025 to July 31, 2026. The current visa-free privilege policy enjoyed by Filipinos is supposed to end on July 31, 2025.—LDF, GMA Integrated News

PH-Japan educational ties strengthen 'Golden Age' relations — envoy
PH-Japan educational ties strengthen 'Golden Age' relations — envoy

GMA Network

timea day ago

  • GMA Network

PH-Japan educational ties strengthen 'Golden Age' relations — envoy

Japan underscored the significance of educational cooperation in strengthening the "Golden Age" of bilateral relations with the Philippines. In a press release issued on Thursday, Japanese Ambassador to the Philippines Endo Kazuya said a deeper educational partnership between Manila and Tokyo advances and strengthens their "Golden Age" of bilateral relations. Kazuya also stressed that such collaboration could establish long-term trust and people-to-people connections, which will later support the nation's lasting diplomatic ties. Japan is currently engaged in a number of educational partnerships with the Philippines including trainings, scholarship grants, and student exchanges. Last year, the Department of Education (DepEd) partnered with a Japanese company in a bid to improve the math proficiency of public school learners. The DepEd signed a memorandum of agreement with Japan-based firm Sprix, Inc. to provide public school students free access to the Test of Fundamental Skills (TOFAS). According to DepEd, TOFAS allows teachers to assess students' calculation and problem-solving skills "accurately, providing valuable data to tailor instruction according to each student's needs." To recall, Kazuya welcomed distinguished Japan Studies professors from the University of the Philippines (UP) in April, and De La Salle University (DLSU) and Ateneo de Manila University (ADMU) in May to his residence in Makati City. Among those who visited him include UP Asian Center Professor Dr. Matthew M. Santamaria, Associate Professor Dr. Jocelyn Celero, Assistant Professor Dr. Karl Ian U. Cheng Chua, retired professor and former Center for International Studies (CIS) director Dr. Cynthia Neri Zayas, and UP CIS Professor Dr. Amparo Adelina Umali III. In a separate meeting, Kazuya also met with DLSU's Department of International Studies Professor Dr. Dennis Trinidad, Associate Professor Dr. Ron Bridget Vilog and ADMU's Japanese Studies Program, Assistant Professors Dr. Kristine Michelle L. Santos and Dr. Hiroko Nagai-Yabut. Also on Thursday, Ferdinand "Bongbong" Marcos Jr. flew to Osaka, Japan for a working visit. Last April, Japan said the opening of its new visa processing center in Manila shows the deeper people-to-people relations between the Philippines and Japan. The event was hailed as an "indicator and proof" of the "Golden Age" of the two countries' relations. — VDV, GMA Integrated News

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store