Wednesday, June 3, 2020

May 18 19, 11:14 am

COVID-19: UAE exceeds 19,000 recoveries

The UAE’s Ministry of Health and Prevention (MoHAP) recently announced 571 new patients of the coronavirus disease coming from an additional 41,000 new COVID-19 tests conducted by health specialists, bringing the total number of cases in the country to 36,359. Dr. Al...

UAE announces return of up to 50% of employees in offices on June 7

The UAE government has announced that they are allowing the return of up to 50% of employees in ministries, federal authorities and institutions this coming Sunday, June 7. Authorities state that the decision follows exactly one week after the return of up to 30% of...

BDO tops 6 PH firms that make it to Forbes’ global list

by | News

May. 18, 19 | 11:14 am

DUBAI: BDO, led by the Sy family, was the highest-ranked among six Philippine firms that made it on Forbes magazine’s Global 2000 list, an international ranking of the world’s “biggest, most powerful and most valuable” publicly listed firms.

The other five that joined the 17th annual Global 2000 roster were SM Investments Corp., Top Frontier Investment Holdings, Ayala Corp., Metropolitan Bank & Trust Co. and JG Summit Holdings Inc.

Except for Top Frontier, all these companies are part of the main-share Philippine Stock Exchange index (PSEi), the cream of the crop in the local stock market, according to an Inquirer report.

Top Frontier, said the report, is the controlling stockholder (66 percent owner) of conglomerate San Miguel Corp., which is part of the PSEi along with its oil refining arm Petron Corp.

BDO was at 1,018th place of Forbes’ global list. Its parent conglomerate SM Investments ranked 1,092nd.

Top Frontier ranked 1,196th while Ayala—the oldest business house in the Philippines—ranked 1,236th. Metrobank and JG Summit ranked 1,639th and 1,720th, respectively.

The rankings are based on Forbes’ analysis of four metrics: sales, profits, assets and market value.

“It’s been a roller coaster of a year for global markets: Stocks saw both major gains and losses as volatility ticked upwards, trade tensions between the United States and China heated up, and many companies got a boost from new American corporate tax legislation,” reports quoted Forbes as saying.

Of the 61 countries on the list, the United States was home to the largest number as 575 American companies made the cut, according to the Forbes list.

China and Hong Kong had a combined delegation of 309, followed by Japan with 223, it added.

Jobs

Latest News

COVID-19: UAE exceeds 19,000 recoveries

COVID-19: UAE exceeds 19,000 recoveries

The UAE’s Ministry of Health and Prevention (MoHAP) recently announced 571 new patients of the coronavirus disease coming from an additional 41,000 new COVID-19 tests conducted by health specialists, bringing the total number of cases in the country to 36,359. Dr. Al...

UAE announces return of up to 50% of employees in offices on June 7

UAE announces return of up to 50% of employees in offices on June 7

The UAE government has announced that they are allowing the return of up to 50% of employees in ministries, federal authorities and institutions this coming Sunday, June 7. Authorities state that the decision follows exactly one week after the return of up to 30% of...

Recent posts

We listed over 1,000,000 jobs from United Arab Emirates monthly.

Accomodation option available in the market.

THE FILIPINO TIMES is the biggest and most trusted Filipino newspaper in the UAE.

It has a print run of 60,000 copies and 250,000 readership per week; bolstered by 2.5 million visitors to its website every month. It also has an e-newsletter sent to its 250,000 subscribers every day.

The Filipino Times is FREE and has the widest targeted circulation across the 7 emirates of the UAE.

With more than 2,500 strategic distribution spots, TFT is available where the Filipinos are - at Smart Bus Shelters, Metro Stations, restaurants, supermarkets, schools, airport lounges, Emirates and Etihad Philippine-bound flights, churches, Filipino community events and many more.

THE FILIPINO TIMES. We are where the Filipinos are.

FOLLOW US

SIGN UP FOR NEWSLETTER

BROCHURES

THE FILIPINO TIMES is the biggest and most trusted Filipino newspaper in the UAE.

It has a print run of 60,000 copies and 250,000 readership per week; bolstered by 2.5 million visitors to its website every month. It also has an e-newsletter sent to its 250,000 subscribers every day.

The Filipino Times is FREE and has the widest targeted circulation across the 7 emirates of the UAE.

With more than 2,500 strategic distribution spots, TFT is available where the Filipinos are - at Smart Bus Shelters, Metro Stations, restaurants, supermarkets, schools, airport lounges, Emirates and Etihad Philippine-bound flights, churches, Filipino community events and many more.

THE FILIPINO TIMES. We are where the Filipinos are.

FOLLOW US

SIGN UP FOR NEWSLETTER

BROCHURES

© 2020 The Filipino Times. All rights reserved

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our team.

You have Successfully Subscribed!

More in News
PCG addresses post-election backlog of regular services
Published On  May 18, 2019
Filipino community stars in the PID MV Launch
Published On  May 18, 2019
Cucumber found inside private part of Filipina killed in Kuwait
Published On  May 17, 2019
Close