The SM Group, led by the Sy family, once again topped the list of Philippine companies in Forbes’ Global 2000 ranking, as reported by Philstar Biz.
The Forbes Global 2000 list ranks the world’s largest public companies by four metrics: sales, profits, assets, and market value. Seven Philippine firms made it to this year’s edition, with SM Group leading the pack. Other companies included are likely to be familiar names in the country’s banking, property, and retail sectors.
The consistent presence of multiple Philippine firms in the Global 2000 underscores the robustness of the country’s largest publicly traded companies and their competitive standing on an international scale.