Amid slowing global economic growth in 2023, the Philippine economy demonstrated remarkable resilience in the face of soaring inflation and softened consumer demand. This edition of Top 1000 Corporations in the Philippines continues its tradition of reflecting the evolving economic landscape within its pages. Albeit a much slower growth compared to the 21.2% recorded in 2022, the combined gross revenues of the Philippines’ best corporations still saw an increase of 7.2% to ₱17.8 trillion. Notably, net income showed the same remarkable resilience as the country’s domestic growth, climbing 16.6% to ₱2.04 trillion, a significant improvement from the 3.1% growth a year earlier. 

This issue also delves into the strategies and innovations shaping the corporate sector’s response to 2023’s inflationary challenges and volatile market conditions. From artificial intelligence in manufacturing to the liberalization of retail trade, it offers insights to the key drivers transforming industries in the country, and examines critical stories such as the country’s bid to become a regional manufacturing hub, the modernization of energy storage, and the push for clean energy goals.