ICTSI recognized in Fortune, Forbes global business rankings

Manila International Container Terminal, Port of Manila

International Container Terminal Services Inc. (ICTSI) has been named to the 2025 Fortune Southeast Asia 500 and the 2024 Forbes Global 2000, which both ranked top regional and global companies based on revenue, profitability, assets, and market strength.
 
ICTSI ranked 125th on the Fortune Southeast Asia 500, which evaluates companies based on revenues, income, assets, and number of employees. In 2024, ICTSI recorded a 15.6 percent increase in revenues and a 66.1 percent rise in profits. The company operates 32 terminals across 19 countries and employs nearly 12,000 people.
 
ICTSI also placed 1,702nd on the Forbes Global 2000, which ranks the world’s largest publicly traded companies using a composite score of sales, profit, assets, and market value. It is one of only seven Philippine firms included in the 2024 edition of the list.
 
Two other Razon Group companies were named in the 2025 Fortune Southeast Asia 500. Bloomberry Resorts Corp., which operates Solaire Resort and Casino, ranked 289th with a 6.9 percent increase in revenues. The company employs more than 10,000 personnel.
 
Manila Water Company Inc., the East Zone water concessionaire in Metro Manila, ranked 384th. It recorded a 15.8 percent growth in revenues and an 82.2 percent increase in profits, with a workforce of over 2,500.
 
Now in its second year, the Fortune Southeast Asia 500 ranks companies from Indonesia, Malaysia, the Philippines, Singapore, Thailand, Vietnam, and Cambodia based on the latest financial data. The 2025 list includes more than 6.3 million employees across all firms.
 
Despite global economic challenges, ICTSI and its affiliated firms continued to expand their operations, contributing to their inclusion in both regional and global business benchmarks.