Inflation had eased in 2024, yet the Philippine economy still found itself challenged by extreme weather events, geopolitical tensions, and a softening in global demand. Despite this, the Philippine economy managed to keep its footing, posting a growth rate of 5.7%, the fastest in two years, albeit not as fast as the government’s already downgraded 6-6.5% goal.

This latest edition of Top 1000 Corporations in the Philippines captures that mixed economic backdrop, tracing how the country’s largest firms performed as growth momentum moderated. The combined gross revenues of the country’s best corporations rose 8.1% to ₱19.51 trillion, surpassing the previous year’s growth rate of 7.2%. However, aggregate net income was slower than the year before, increasing by a more measured 10.2% to ₱2.16 trillion, a notable deceleration from the stronger 16.6% gains recorded in 2023.

Beyond the numbers, this issue examines how businesses and policymakers are adapting to an increasingly complex environment. It features in-depth coverage and insights on the potential reshaping of the telecommunications sector following the Konektadong Pinoy Act, changing patterns in mall activity, and the rapid rise of discount retailers and its implications for traditional retail formats. Additional stories explore the country’s progress in clean energy development and the accelerating momentum behind electric vehicles.