Apr 26, 2024
The Most Valuable Company in Every Southeast Asian Country
What We’re Showing
A map of the most valuable companies in every major Southeast Asian economy, by their market capitalization in current USD as of April 18th, 2024.
Regional Overview
Southeast Asia has emerged as an economic powerhouse over the last two decades. However, there are significant differences in the sizes of the largest corporations across the region's countries.
- For example, Indonesia and Singapore’s most valuable companies are worth more than $60 billion, and both are banking/financial companies.
- In the quartet of Malaysia, Thailand, Vietnam, Philippines, the largest companies by market cap are all worth around $20 billion. Out of the four, two are banks.
- Cambodia stands by itself, with its most valuable company worth $1 billion.
- Finally, Brunei and Timor-Leste do not have public stock exchanges, but for different reasons.
- Most of Brunei’s economy relies on the state owned oil sector, which also helps make its Sultan the world’s second-richest monarch.
- However, in Timor-Leste, limited access to credit and liquidity hinders investment.