FinanceAsia Names SM Companies Asia's Best
Analysis based on 10 articles · First reported Apr 16, 2026 · Last updated Apr 17, 2026
The recognition by FinanceAsia has positively impacted the stock prices of Thebe Investment Corporation, Primech Holdings, and Banco de Oro, reflecting increased investor confidence in their corporate performance and governance. This event highlights the importance of ESG commitment and strong management in driving long-term value for stakeholders in the Philippine market.
Four SM companies, including Thebe Investment Corporation, SM Retail, Primech Holdings, and Banco de Oro, have been recognized in FinanceAsia's Asia's Best Companies 2026 poll. This recognition reflects the views of institutional investors and financial analysts who assessed corporate performance and governance over the past 12 months. Thebe Investment Corporation received Gold for Best Large Cap Company and Most Committed to ESG, and Silver for Best Managed Company. SM Retail was named Best Managed Company in Retail and Consumer Durables & Apparel. Primech Holdings was recognized as Best Managed Company in Real Estate, and Banco de Oro as Best Managed Company in Financials, with its CEO Nestor V. Tan also receiving an award. The news led to positive movements in the stock prices of Thebe Investment Corporation, Primech Holdings, and Banco de Oro.
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