SM Investments Corp, 6 other PH companies on Forbes' Global 2000 List
Seven Philippine companies made it into Forbes' list of the 2,000 largest companies globally for 2025.
SM Investment Corp. topped the Philippine conglomerates in 811st spot after recording $10.56 billion sales, $1.44 billion in profit, $29.37 billion in assets, and $18.67 in market value.
Banking giant BDO Unibank, Inc. came at 846th garnering $6.31 billion in sales, $1.43 billion in profit, $84.33 billion in assets, and a market value of $15.09 billion.
Rounding up the list of Philippine firms are Top Tier Frontier Investment Holdings, Inc. at 1,116th; Metropolitan Bank & Trust Co. at 1,317th; Manila Electric Company at 1,530th; Ayala Corporation at 1,644th; and the International Container Terminal Services, Inc. at 1,702nd.
The United States has the most entries on the list with 612 companies. It was followed by China with 317, Japan with 180, India with 70, and the United Kingdom with 68.
American banking firm J.P. Morgan Chase remained at the top spot for the third straight year after gaining 30% from 2024. It was followed by Berkshire Hathaway, Inc., another US-based firm.
China's Industrial and Commercial Bank of China, Saudi Arabia's Saudi Aramco, and America's Amazon rounded up the top five of the list.
Further, Forbes noted that banking is the most represented industry in the list with 328 companies listed. — Vince Angelo Ferreras/BM, GMA Integrated News
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
GMA Network
11 hours ago
- GMA Network
Global carriers bypass Middle East; US airlines face heightened risks after Iran strikes
An American Airlines Boeing 737 MAX 8 flight approaches for landing in Washington DC, March 13, 2019. Safe Airspace said the US attacks on Iran may increase risks to US operators in the Middle East. REUTERS/ Joshua Roberts/ File photo An organization that monitors flight risks warned on Sunday that US strikes on Iran's nuclear sites could heighten the threat to American operators in the region, as airlines continued to avoid large parts of the Middle East due to ongoing missile exchanges. But following a barrage of early morning Iranian missiles, Israel has reopened its airspace for six hours on Sunday to bring back those stranded abroad since the conflict with Iran began on June 13. Safe Airspace, a membership-based website run by OPSGROUP, said the US attacks on Iran may increase risks to US operators in the region. "While there have been no specific threats made against civil aviation, Iran has previously warned it would retaliate by attacking US military interests in the Middle East—either directly or via proxies such as Hezbollah," Safe Airspace said. Meanwhile, flight tracking website FlightRadar24, said airlines maintained flight diversions around the region. "Following US attacks on Iranian nuclear facilities, commercial traffic in the region is operating as it has since new airspace restrictions were put into place last week," it said on social media platform X. Its website showed airlines were not flying in the airspace over Iran, Iraq, Syria and Israel. They have chosen other routings such as north via the Caspian Sea or south via Egypt and Saudi Arabia, even if these result in higher fuel and crew costs and longer flight times. Missile and drone barrages in an expanding number of conflict zones globally represent a high risk to airline traffic. Since Israel launched strikes on Iran on June 13, carriers have suspended flights to destinations in the affected countries, though there have been some evacuation flights from neighboring nations and some bringing stranded Israelis home. In the days before the US strikes, American Airlines suspended flights to Qatar and United Airlines did the same with flights to Dubai. Safe Airspace said it was possible airspace risks could now extend to countries including Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. "We continue to advise a high degree of caution at this time," it said. Rescue and evacuation flights Israel's carriers, El Al Israel Airlines, Arkia, Israir, and Air Haifa, said earlier on Sunday they had suspended rescue flights that allowed people to return to Israel until further notice. El Al said it would also extend its cancellation of scheduled flights through Friday and Israir said it had halted the sale of tickets for all flights through July 7. A spokesperson for Israel's airports authority said the country's main airport, Ben Gurion near Tel Aviv, was expected to reopen for rescue flight landings on Sunday between 1100 and 1700 GMT. Flag carrier El Al, along with Arkia, Air Haifa and Israir said they would operate at least 10 flights on Sunday starting at 1100 GMT. Tens of thousands of Israelis and others who had booked tickets to Israel are stuck abroad. At the same time, nearly 40,000 tourists in Israel are looking to leave the country, some of whom are going via Jordan's borders to Amman and Aqaba and others via Egypt and by boat to Cyprus. "In accordance with security directives, we are working to bring Israelis home as quickly as possible," Israel's Transport Minister Miri Regev said in a statement. Japan's foreign ministry said on Sunday it had evacuated 21 people, including 16 Japanese nationals, from Iran overland to Azerbaijan. It said it was the second such evacuation since Thursday and that it would conduct further evacuations if necessary. New Zealand's government said on Sunday it would send a Hercules military transport plane to the Middle East on standby to evacuate New Zealanders from the region. It said in a statement that government personnel and a C-130J Hercules aircraft would leave Auckland on Monday. The plane would take some days to reach the region, it said. The government was also in talks with commercial airlines to assess how they may be able to assist, it added. — Reuters
GMA Network
a day ago
- GMA Network
Marcos: OFWs deserve 'full support'
President Ferdinand Marcos Jr. said on Saturday that overseas Filipino workers (OFWs) should receive "full support" from the government as he provided updates on initiatives aimed at improving their welfare. In his speech to the Filipino community in Osaka, Japan, Marcos stated that the government is making sure that opportunities are available to OFWs who choose to retire in the Philippines. ''Hangad din namin maging maayos ang inyong pagdating at pag-alis sa ating bansa. Kaya naman naglaan tayo ng OFW Lounge sa airport para may lugar kung saan puwedeng magpahinga,'' he said. ''Masigasig din ang ating pakikipag-ugnayan sa iba't ibang bansang tumatanggap ng ating manggagawa para makabuo ng bilateral labor agreement upang matiyak natin na ligtas at makatao ang trabaho, at nabibigyan ng pagkakataong umunlad ang ating mga kababayan.'' (We also want your arrival and departure from our country to be smooth. That is why we have provided an OFW Lounge at the airport so that you can have a place to rest. We are also actively engaging with various countries that receive our workers to craft bilateral labor agreements so that we can ensure that work is safe and humane and that our compatriots are given the opportunity to succeed.) Marcos also recognized the sacrifices of OFWs to provide for their families in the Philippines. ''And that is why we will never tire of honoring you and finding ways to improve your lives. You are at the heart of our government's efforts, and you deserve not only our gratitude but also our full support,'' he said. Filipinos in Japan can also play a role in building "even stronger connections in shared values for a mutually stable, secure, and prosperous relationship between our two countries," the President said. 'This is why I hope you will join me and the Philippine nation in helping our community here in Japan to grow even more in love with the Philippines, to learn and embrace fully your Filipino identity, and to support our nation's aspirations for unity, for peace, and for prosperity,' he said. Marcos is in Japan for a working visit, which includes meetings with local businessmen and a visit to the Philippine Pavilion at the World Expo 2025 in Osaka. He is expected to return to the Philippines on Sunday. — Jiselle Anne Casucian/VBL, GMA Integrated News
GMA Network
2 days ago
- GMA Network
Trump says deal with Harvard possible 'over the next week or so'
Students walk on the campus of Harvard University in Cambridge, Massachusetts, US, May 23, 2025. REUTERS/ Faith Ninivaggi/File BOSTON - US President Donald Trump said on Friday his administration has been working with Harvard University and could announce a deal "over the next week or so" to resolve the White House's campaign against the country's oldest and richest university. Trump in a post on his social media platform Truth Social raised the prospect of a deal with the Ivy League school, which has sued after his administration terminated billions of dollars in grants awarded to Harvard and moved to bar the school from admitting international students. The Republican president's administration has said its actions against Harvard are justified based on a litany of allegations, including that the school was not doing enough to combat antisemitic harassment on campus. Trump said his administration is addressing "improprieties" at Harvard. He said individuals at Harvard "have acted extremely appropriately during these negotiations, and appear to be committed to doing what is right." "If a Settlement is made on the basis that is currently being discussed, it will be 'mindbogglingly' HISTORIC, and very good for our Country," Trump wrote. He made the statement shortly after a federal judge in Boston issued an injunction blocking the US Department of Homeland Security from immediately revoking Harvard's ability to enroll international students. That injunction prevents the US Department of Homeland Security from revoking Harvard's certification in the Student and Exchange Visitor Program without first going through a months-long administrative process, which it now plans to do. Harvard had no immediate comment on Trump's post, but in a statement it welcomed US District Judge Allison Burroughs' order, adding it "will continue to defend its rights—and the rights of its students and scholars." Cambridge, Massachusetts-based Harvard has filed two lawsuits seeking to unfreeze around $2.5 billion in funding and to prevent the administration from blocking the ability of international students to attend the university. Harvard alleges that Trump has been retaliating against it, violating its free speech rights under the US Constitution's First Amendment, because it refused to accede to the administration's demands to control the school's governance, curriculum and the ideology of its faculty and students. Burroughs is expected to rule in the coming days on Harvard's related request that she continue blocking implementation of a proclamation Trump signed barring foreign nationals from entering the US to study at the university. International students comprise about a quarter of its student body. —Reuters
