Defining the News
Twelve Philippine companies, including three Sy family-owned organizations, made the list of the world’s 1,000 best companies compiled by Statista and TIME magazine.
This makes the Philippines the top Southeast Asian country with the most companies on the list, surpassing Singapore with 11, Indonesia with five and Thailand and Malaysia with four each. SM Investments Corp. ranked No. 502, SM Prime Holdings No. 577, Jollibee Foods Corp. No. 649, Aboitiz Group No. 727, Robinsons Retail Holdings No. 775, China Bank PH No. 849, Alliance Global No. 863, PLDT Inc. No. 897, Metropolitan Bank & Trust Co. No. 935 and Puregold Price Club No. 997.
“We are grateful to be part of the list of the world’s best companies as it reflects our group’s collective commitment to responsible and inclusive development,” said SM Investments president and chief executive Frederic DyBuncio. “It also highlights our dedication to creating shared value for all stakeholders while ensuring the long-term sustainability of the enterprise.”
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