BPI leads 36 Philippine companies on TIME's best of Asia list
Bank of the Philippine Islands (BPI) has secured the top position among Philippine corporations in the TIME Asia-Pacific’s Best Companies of 2026 rankings, leading the group of local firms recognized for financial robustness, employee engagement, and environmental disclosures.
The Zobe-led lender, the oldest bank in Southeast Asia, ranked No. 10 regionally with an overall score of 93.83. It led a competitive domestic field that included its parent, Ayala Corp., ranked No. 35 with a score of 91.13, and BDO Unibank Inc., the nation’s largest lender by assets, ranked No. 47 with a score of 90.38.
The 2026 rankings, compiled by TIME in partnership with data provider Statista, evaluate 500 companies based on three equally weighted pillars: revenue growth, employee satisfaction surveys, and rigorous environmental, social, and governance (ESG) transparency.
Other top-tier performers from the Philippines include real estate developer Ayala Land Inc. at No. 73 and Security Bank Corp. at No. 88. SM Investments Corp., the holding company of the country’s wealthiest family, the Sys, narrowly missed a top-100 finish at No. 101.
Converge ICT Solutions Inc. took the No. 115 spot, followed by Rizal Commercial Banking Corp. (RCBC) and Union Bank of the Philippines at No. 137 and No. 140, respectively. Consumer-facing giants also maintained visibility, with spirits producer Ginebra San Miguel Inc. ranking No. 150 and fast-food leader Jollibee Foods Corp. at No. 152.
Other institutional heavyweights within the top 250 included Philippine National Bank at No. 185, Alliance Global Group Inc. at No. 227, SM Prime Holdings Inc. at No. 229, and Universal Robina Corp. at No. 246. Manila Electric Co., known as Meralco, rounded out this bracket at No. 250.
The mid-section of the index showed a high concentration of infrastructure and logistics players, reflecting the country's continued focus on capital-intensive development. Manila Water Co. ranked No. 264, followed by China Banking Corp. at No. 273, JG Summit Holdings Inc. at No. 302, and Filinvest Development Corp. at No. 306.
Developers Megaworld Corp. and Bloomberry Resorts Corp. followed at No. 309 and No. 320, while International Container Terminal Services Inc. placed No. 340.
Aviation and telecommunications firms featured in the final segment, with Cebu Air Inc., which operates budget carrier Cebu Pacific, ranking No. 350.
PLDT Inc. followed at No. 371, just ahead of state-run Land Bank of the Philippines at No. 375. Other notable entries included ACEN Corp. at No. 410, Globe Telecom Inc. at No. 448, and San Miguel Corp. at No. 476. The list concluded with Wilcon Depot Inc. securing the No. 499 position.