Sy-Led Firms Lead Philippine Companies on Forbes ‘Global 2000’ List

Sy companies lead Philippine firms in Forbes Global 2000

Companies owned by the Sy family led seven Philippine firms that made it to this year’s list of the largest public companies in the world, according to Forbes.

Sy-led firms lead Philippine companies on Forbes ‘Global 2000’ list

MANILA, Philippines – Seven companies based in the Philippines made it to Forbes Magazine’s list of the world’s 2,000 largest listed companies, cornering a combined market value of $70 billion. These are SM Investments Corp. (SMIC), BDO Unibank Inc., Top Frontier Investment Holdings, Metropolitan Bank and Trust Co. (Metrobank), Manila Electric Co. (Meralco), Ayala Corp.

Sy family dominates as SMIC, BDO top Philippine firms on Forbes Global 2000 list

The Sy family’s flagship SM Investments Corporation and its banking arm, BDO Unibank, led the seven Philippine companies that made it to Forbes Magazine’s 23rd Global 2000, which ranks the largest public companies in the world.**media[19006]**SMIC was ranked at No. 811 among the world’s top public corporations, followed by its subsidiary, BDO, at No. 846. Forbes said the firms were ranked using four metrics—sales, profits, assets, and market val…