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| For the second consecutive year, East Zone water concessionaire Manila Water has earned a spot on the prestigious Fortune Southeast Asia 500 list—this time with an even stronger standing. In the 2025 edition, Manila Water climbed to 384th place, a notable improvement from its 435th rank in 2024, reflecting the Company’s continued growth and operational excellence. |
Manila Water, a water concessionaire in the East Zone, has secured a place in the esteemed Fortune Southeast Asia 500 list for the second year in a row, but at an even higher ranking this time.
Manila Water's continuing expansion and operational competence are shown in its rise to 384th place in the 2025 edition, a significant improvement from its 435th position in 2024.
The Fortune Southeast Asia 500 lists the best-performing businesses from Indonesia, Thailand, Malaysia, Singapore, Vietnam, Cambodia, and the Philippines that make at least $349.4 million annually. The 2025 list companies collectively made $1.82 trillion in 2024, up from $1.79 trillion the year before.
According to Fortune, the Southeast Asia 500 firms are currently altering global trade dynamics and grabbing industrial capacity that is transferring from China, which is attracting large capital flows. As a result, they are playing an increasingly crucial role in global supply chains. Southeast Asia's readiness to embrace the industries of the future is further demonstrated by the second annual Fortune Southeast Asia 500, which provides a compelling picture of a region ready to lead in rapidly expanding areas including mining, electric vehicles (EVs), and artificial intelligence (AI).
"Fortune’s interest in the region reflects Southeast Asia’s growing importance as an engine of global growth. The region has become a crucial manufacturing and export hub, which is drawing significant capital flows.” ~Clay Chandler, Executive Editor, Fortune Asia
Unless otherwise noted, Fortune selected the Top 500 Southeast Asian companies based on revenue from their most recent fiscal year that ended on or before December 31, 2024. Consolidated subsidiaries' contributions and any reported income from discontinued activities are included in revenue figures.
“Being recognized as one of Southeast Asia’s Top 500 companies is a proud moment for all of us. This achievement reflects the trust of our customers, the hard work and dedication of our team, and the bold vision that drives us forward. As we continue to grow, we remain committed to creating lasting value for our stakeholders and contributing meaningfully to the region’s dynamic economic landscape.” ~Jocot De Dios, Manila Water President and CEO
Fortune is a privately held international business magazine that offers comprehensive business analysis, research, reporting, and information about technology, economics, and American and foreign companies and industries. Fortune uses strict global metrics to evaluate corporate performance both online and in print. The World's Most Admired Companies, Fortune Global 500, Fortune 500, and Most Powerful Women are some of its well-known rankings.
The list and rankings can be viewed at https://fortune.com/asia/ranking/southeast-asia-500/2025/.
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