The Sy family-led conglomerate SM Investments Corp. and its banking subsidiaries BDO Unibank, Inc. and China Banking Corp. secured spots in the 2026 Fortune Southeast Asia 500, extending the SM Group’s presence on the regional ranking to a third consecutive year.
SM Investments ranked second among the 42 Philippine companies included on the list and placed 28th regionally. BDO ranked fifth among Philippine firms and 52nd across Southeast Asia, while China Bank placed 161st on the regional ranking.
Regional standing
The latest rankings underscore the scale of the SM Group’s operations across retail, banking and property, reinforcing its position among Southeast Asia’s largest business groups.
The Fortune Southeast Asia 500 ranks companies based on revenue from the previous fiscal year and provides data on revenues, profits, assets and workforce size.
SM Investments has been included on the list since its launch in 2024.
Management’s view
“We are honored to be part of this year’s Fortune Southeast Asia 500 for the third time,” said SM Investments president and CEO Frederic C. DyBuncio.
“This recognition reflects the dedication of our people, the trust of our customers, and the valuable contributions of our partners and tenants. It also underscores the important role that businesses play in advancing inclusive growth and strengthening Southeast Asia’s economic development and trade landscape.”
The continued inclusion of SM Investments, BDO and China Bank highlights the growing presence of Philippine corporations in Southeast Asia’s expanding economy.
—Edited by Miguel R. Camus
