{"id":47525,"date":"2019-08-29T10:00:51","date_gmt":"2019-08-29T02:00:51","guid":{"rendered":"https:\/\/primer.com.ph\/blog\/?p=47525"},"modified":"2019-08-29T18:27:29","modified_gmt":"2019-08-29T10:27:29","slug":"8-philippine-companies-among-forbes-asias-best-over-a-billion-list","status":"publish","type":"post","link":"https:\/\/primer.com.ph\/blog\/2019\/08\/29\/8-philippine-companies-among-forbes-asias-best-over-a-billion-list\/","title":{"rendered":"8 Philippine Companies Among Forbes Asia\u2019s Best Over A Billion List"},"content":{"rendered":"<p><b>Forbes Asia <\/b><span style=\"font-weight: 400\">recently released the inaugural list of 200 top-performing listed companies across the Asia-Pacific region called <\/span><b>Best Over A Billion.<\/b><\/p>\n<p><em>Also read:\u00a0<a href=\"https:\/\/primer.com.ph\/business\/2019\/07\/18\/business-talk-with-filip-boyen-ceo-of-forbes-travel-guide\/\">Business Talk with Filip Boyen, CEO of Forbes Travel Guide<\/a><\/em><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-47526\" src=\"https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2019\/08\/x.png\" alt=\"\" width=\"826\" height=\"612\" srcset=\"https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2019\/08\/x.png 826w, https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2019\/08\/x-300x222.png 300w, https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2019\/08\/x-768x569.png 768w\" sizes=\"auto, (max-width: 826px) 100vw, 826px\" \/><\/p>\n<p>The companies included in the list have at least USD 1 billion in revenues, and there\u00a0<span style=\"font-weight: 400\">are <\/span><b>eight companies<\/b><span style=\"font-weight: 400\"> from the Philippines namely:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Ayala Corp<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Cosco Capital<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">GT Capital Holdings<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">JG Summit Holdings<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Jollibee Foods<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Megaworld<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">San Miguel Food and Beverage<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">SM Investments<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Companies that are candidates for a spot on the list are evaluated based on various metrics, including their average five-year sales, operating income growth, return on capital, and projected growth over the next one to two years. Those with the highest composite score are included in the final list of 200.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The goal of the list is to determine the best-run companies in the region based on a variety of metrics, not just a single one. These companies represent the best of Asia-Pacific\u2019s big companies.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Aside from this, the list also puts the spotlight on the connection between the companies and members of Forbes Asia\u2019s rich lists.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cNearly two-thirds of the companies on this list are controlled by or connected to families or individuals who have appeared on Forbes Asia\u2019s rich lists,\u201d said Justin Doebele, editor of Forbes Asia.<\/span><\/p>\n<p style=\"text-align: center\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-47527\" src=\"https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2019\/08\/Forbes-e1567062155100-771x1024.jpg\" alt=\"\" width=\"771\" height=\"1024\" \/><span style=\"font-size: 10pt\"><em>Ramon Ang is the cover of Forbes Asia&#8217;s September issue<\/em><\/span><\/p>\n<p><span style=\"font-weight: 400\">One example cited by Forbes is <strong>San Miguel Food and Beverage,<\/strong> where Filipino billionaires Ramon Ang and Eduardo Cojuangco, Jr. are the company\u2019s CEO and Chairman, respectively.<\/span><\/p>\n<p><em>Also read:\u00a0<a href=\"https:\/\/primer.com.ph\/business\/2016\/11\/23\/one-of-philippines-top-tycoons-ramon-ang\/\">One of Philippines\u2019 Top Tycoons: Ramon Ang<\/a><\/em><\/p>\n<p><span style=\"font-weight: 400\">\u201cThe company\u2019s shares have surged over 20% this year, outperforming the local stock market benchmark,\u201d Forbes Asia said in a statement.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Companies that are in the industries of retail, real estate, banking, transportation, and food &amp; beverage manufacturing dominated the list with Japan&#8217;s Advantest,\u00a0producer of semiconductor production and testing equipment, as the front-runner.<\/span><\/p>\n<p><em>Also read:\u00a0<a href=\"https:\/\/primer.com.ph\/blog\/2017\/04\/26\/8-most-influential-tycoons-in-the-philippines\/\">8 Most Influential Tycoons in the Philippines<\/a><\/em><\/p>\n<hr \/>\n<p><em><span style=\"font-size: 10pt\">Source:\u00a0<a href=\"https:\/\/www.forbes.com\/sites\/forbespr\/2019\/08\/27\/forbes-asia-launches-inaugural-best-over-a-billion-list\/#52f624c72ce5\">Forbes<br \/>\n<\/a><\/span><span style=\"font-size: 10pt\">Images grabbed from\u00a0<a href=\"https:\/\/www.forbes.com\/sites\/forbespr\/2019\/08\/27\/forbes-asia-launches-inaugural-best-over-a-billion-list\/#52f624c72ce5\">forbes.com<\/a><\/span><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Forbes Asia recently released the inaugural list of 200 top-performing listed companies across the Asia-Pacific region called Best Over A Billion.<\/p>\n","protected":false},"author":3,"featured_media":47527,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[2207,1137,10353,10357,1435,10352,10351,10356,10355,707,1009,92,10354,1540],"class_list":["post-47525","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-current-events","tag-asia-pacific","tag-ayala","tag-best-over-a-billion","tag-cosco-capital","tag-forbes","tag-forbes-asia","tag-forbes-asias-best-over-a-billion","tag-gt-capital-holdings","tag-jg-summit-holdings","tag-jollibee","tag-list","tag-megaworld","tag-san-miguel-food-and-beverage","tag-sm"],"acf":[],"jetpack_featured_media_url":"https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2019\/08\/Forbes-e1567074443433.jpg","_links":{"self":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/47525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/comments?post=47525"}],"version-history":[{"count":4,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/47525\/revisions"}],"predecessor-version":[{"id":47537,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/47525\/revisions\/47537"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/media\/47527"}],"wp:attachment":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/media?parent=47525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/categories?post=47525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/tags?post=47525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}