MANILA, Philippines — The country’s biggest diversified conglomerates have welcomed their inclusion in the first ever list of the largest companies in Southeast Asia ranked by revenue.
The Sy family’s SM Group had three companies that made it to the Fortune Southeast Asia 500 list, which ranks the largest companies in the region in terms of total revenues.
The list included SM Investments Corp. (No. 27), BDO Unibank Inc. (No. 57) and China Banking Corp. (No. 206) which contributed $10.3 billion, $5.8 billion and $1.4 billion to revenues, respectively.
SM…