Business

SM Companies Make Fortune Southeast Asia 500 List for Third Straight Year

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What Readers Should Know

SM Investments, BDO Unibank, and China Banking Corporation were included in the Fortune Southeast Asia 500 list for the third consecutive year, recognizing their scale, resilience, and contribution to economic growth in the Philippines and the region.

  • SM Investments, BDO, and China Bank joined the Fortune Southeast Asia 500 list for the third straight year.
  • SM Investments ranked second among Philippine companies and 28th regionally.
  • BDO ranked fifth locally and 52nd in Southeast Asia.
  • China Bank ranked 161st in the regional list.
  • A total of 42 Philippine companies were included in the 2026 ranking.

SM Investments Corporation and its banking subsidiaries BDO Unibank and China Banking Corporation have once again been included in Fortune magazine’s Southeast Asia 500 list, marking their third consecutive year in the regional ranking.

The 2026 list recognizes the largest companies in Southeast Asia based on revenue from the previous fiscal year. It also includes information on each company’s profits, assets, and workforce.

Among the 42 Philippine companies included, SM Investments ranked second locally and 28th regionally. BDO ranked fifth among Philippine companies and 52nd across Southeast Asia, while China Bank placed 161st in the regional list.

Recognition for Scale and Resilience

SM Investments President and Chief Executive Officer Frederic C. DyBuncio said the recognition reflects the company’s people, customers, partners, and tenants.

“We are honored to be part of this year’s Fortune Southeast Asia 500 for the third time,” DyBuncio said.

He added that the inclusion also underscores the role of businesses in supporting inclusive growth, economic development, and trade across Southeast Asia.

A Continued Presence Since the Ranking Began

SM Investments has been included in the Fortune Southeast Asia 500 since the list was launched in 2024.

Published by New York-based Fortune, the ranking forms part of the publication’s broader portfolio of business lists, including the Fortune Global 500, Fortune 500, and Fortune Europe 500.

The continued inclusion of SM Investments, BDO, and China Bank highlights the Group’s strong presence across retail, banking, and property, as well as its role in supporting the Philippine economy.

Supporting Growth Across Key Sectors

SM Investments is the parent company of the SM Group, with major interests in retail, banking, and property.

Its retail operations are among the largest and most diversified in the Philippines. Its property arm, SM Prime Holdings, Inc., is the country’s largest integrated property developer. Its banking interests include BDO, the country’s largest bank, and China Bank, one of the country’s largest private domestic banks.

Through these businesses, SM continues to generate employment, support communities, serve customers, and contribute to long-term economic development.

Strengthening Philippine Representation in the Region

The recognition of SM companies in the Fortune Southeast Asia 500 reflects the growing visibility of Philippine enterprises in the regional business landscape.

As Southeast Asia continues to attract investment and deepen trade links, companies with strong domestic operations and diversified portfolios play an important role in driving inclusive and sustainable growth.

About the Author

Introvert, wanderer, blogger, foodie, a hip-hop music writer, and one of the co-founders of a tech start-up company called GigsManila.