Manila – Five Philippine firms have been recognized in Forbes Asia’s prestigious 200 Best Under A Billion list for 2025, a testament to their resilience and strategic growth amid global economic headwinds.
The list highlights publicly listed companies across the Asia-Pacific with annual sales above $10 million but below $1 billion, chosen based on performance metrics including sales, debt levels, and earnings-per-share growth across both one- and three-year fiscal periods.
Representing diverse sectors, this year’s Philippine honorees include holding firm A. Soriano Corporation (sales of $226 million), Apex Mining ($254 million), Converge ICT Solutions Inc. ($709 million), Figaro Culinary Group ($97 million), and Philippine Bank of Communications (PBCom) ($195 million).
Forbes underscored that these companies “remained resilient over the past year and, in many cases, thrived,” reinforcing investor confidence in their adaptability and long-term strategies.
Among the five, Converge ICT Solutions has seen a notable household-driven growth trajectory, reporting an 18% increase in net income on the back of sustained demand for high-speed internet services. Apex Mining and A. Soriano highlight the enduring role of resource management and diversified holdings in sustaining profitability. Meanwhile, Figaro Culinary Group demonstrates consumer market agility, and PBCom reflects steady financial sector performance amid shifting economic conditions.
Their inclusion underscores the Philippines’ ability to cultivate enterprises capable of competing within the region’s highly dynamic mid-cap space. It also highlights how local firms are aligning corporate strategies with global standards of resilience, operational efficiency, and sustainable expansion.
As Philippine companies continue to expand their presence on the international stage, recognition in the Best Under A Billion list positions them not only as resilient market players but also as emerging leaders driving growth across Southeast Asia’s increasingly competitive landscape.
