Southeast Asia’s Largest Companies 2025: The Region Makes Its Mark On The Global 2000 With Banks Leading The Way [Forbes]

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Source: Forbes
Southeast Asian countries reaped a windfall after U.S. President Donald Trump imposed tariffs on China in his first term that redirected foreign investment to the region. But the threat of broader tariffs from Trump 2.0 could undo those gains. The region is represented by a total of 63 companies from half a dozen countries—Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam—on this year's Forbes Global 2000 ranking of the world's largest public corporations, up from 57 in 2024. More than 40% of them are banks with a regional presence.The list weighs market value, revenue, profit and assets equally, using the latest 12 months of data as of April 25. The biggest contingent of companies is from Thailand with 16, a number that's unchanged from last year. The country's top-ranked company is state-owned oil and gas giant PTT, though it fell 41 spots to No. 284 after its net profit dropped by more than a fifth to $2.6 billion due to the weaker performance of its petroche
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