Asia’s Best Companies Poll 2025: Market winners

For a 25th year, FinanceAsia publishes its highly regarded benchmark of Asia’s best companies.

Based on nomination by Asia’s active community of influential investors and financial analysts, the poll evaluates the corporate behaviour and performance of Asian peers over the past 12 months.

The FA team is delighted to announce the 2025 winners below for the market categories.The industry winners can be found here.

Once again, following positive market participation, we have decided to award up to three medals per category to reflect corporate achievements. Gold, Silver and Bronze medallists are detailed where applicable.

Congratulations to all the winners. Read on for the winning companies in the following markets:

BEST MANAGED COMPANY

China
Gold – China Unicom (Hong Kong) Ltd
Silver – China Telecom
Bronze – China Mobile

Hong Kong SAR

Gold – Sun Hung Kai Properties Ltd

Silver – Link REIT

Silver – Sino Land

Bronze – MTR Corporation Limited

India

Gold – Tata Motors

Silver – Axis Capital

Bronze – Bajaj Finance

Indonesia

Gold – PT Bank Rakyat Indonesia (Persero) Tbk

Silver – Astra International

Silver – PT Bank Mandiri (Persero) Tbk

Bronze – GoTo Gojek Tokopedia

Malaysia

Gold – Maybank

Silver – CIMB Bank Berhad

Bronze – AmFunds Investment Management Berhad

Bronze – YTL Corporation Berhad

Philippines

Gold – Ayala Corporation

Silver – Bank of the Philippine Islands

Silver – Megawide Construction Corporation

Bronze – Citicore Renewable Energy Corporation

Singapore

Gold – DBS Bank

Silver – Singapore Airlines

Bronze – CapitaLand

South Korea

Gold – SK Hynix

Silver – Samsung Electronics

Bronze – Hyundai Motor Co Ltd

Taiwan

Gold – Semiconductor Manufacturing Company, Ltd

Silver – CTBC Financial Holding

Silver – MediaTek Inc.

Bronze – Far Eastern New Century Corporation

Bronze – Sercomm Corporation

Thailand

Gold – B. Grimm Power PCL

Silver – Global Power Synergy PCL

Silver – Thai Oil Public Company Limited

Bronze – Central Pattana

Bronze – Gulf Energy Development PCL

MOST COMMITTED TO ESG

China

Gold – Unicom (Hong Kong) Ltd

Silver – China Telecom

Bronze – China Mobile

Bronze – Trip.com

Hong Kong SAR

Gold – Sun Hung Kai Properties Ltd

Silver – Link REIT

Bronze – Hengan International Group Company, Ltd.

India

Gold – Axis Capital

Silver – Bajaj Finance

Bronze – Tata Consultancy Services Ltd

Indonesia

Gold – PT Bank Mandiri (Persero) Tbk

Silver – PT Bank Rakyat Indonesia (Persero) Tbk

Bronze – GoTo Gojek Tokopedia

Malaysia

Gold – Yinson Holdings Berhad

Silver – Maybank

Bronze – AmFunds Investment Management Berhad

Philippines

Gold – Ayala Corporation

Silver – Megawide Construction Corporation

Bronze – SM Investments Corporation

Singapore

Gold – OCBC Bank

Silver – City Developments Limited

Bronze – Seatrium

South Korea

Gold – Samsung Electronics

Silver – Hyundai Motor Co Ltd

Bronze – Hanwha Ocean

Taiwan

Gold – Wistron NeWeb Corporation

Silver – CTBC Financial Holding

Bronze – Sercomm Corporation

Thailand

Gold – Global Power Synergy PCL

Silver – B. Grimm Power PCL

Bronze – Gulf Energy Development PCL

Vietnam

Gold – Vingroup

Silver – Masan Group

Bronze – THACO Group

BEST INVESTOR RELATIONS

China

Gold – China Telecom

Silver – China Unicom (Hong Kong) Ltd

Bronze – China Mobile

Hong Kong SAR

Gold – Sun Hung Kai Properties Ltd

Silver – Link REIT

Silver – MTR Corporation Limited

Bronze – Midea International Corp Co Ltd

India

Gold – ICICI Bank Ltd

Silver – HDFC Bank Ltd

Indonesia

Gold – PT Bank Rakyat Indonesia (Persero) Tbk

Silver – GoTo Gojek Tokopedia

Bronze – PT Bank Mandiri (Persero) Tbk

Malaysia

Gold – CIMB Bank Berhad

Silver – Maybank

Bronze – Yinson Holdings Berhad

Philippines

Gold – Bloomberry Resorts Corporation

Silver – Ayala Corporation

Silver – SM Investments Corporation

Bronze – Meralco

Singapore

Gold – CapitaLand

Silver – SATS Ltd

Bronze – Mapletree Investments

South Korea

Gold – Hanwha Ocean

Silver – LG Electronics

Bronze – SK Hynix

Taiwan

Gold – Wistron NeWeb Corporation

Silver – Far Eastern New Century Corporation

Bronze – Sercomm Corporation

Thailand

Gold – PTT Public Company Limited

Silver – B. Grimm Power PCL

Bronze – Global Power Synergy PCL

Bronze – Gulf Energy Development PCL

Vietnam

Gold – Vingroup

Silver – Masan Group

Bronze – Mobile World Investment Corporation

BEST LARGE CAP COMPANY

China

Gold – China Unicom (Hong Kong) Ltd

Silver – China Telecom

Bronze – China Mobile

Hong Kong SAR

Gold – Link REIT

Silver – Sun Hung Kai Properties Ltd

Bronze – CLP Holdings Ltd

India

Gold – Kotak Mahindra Bank Ltd

Silver – HDFC Bank Ltd

Bronze – Mazagon Dock Shipbuilders Ltd

Bronze – Tata Consultancy Services Ltd

Indonesia

Gold – PT Bank Mandiri (Persero) Tbk

Silver – PT Bank Rakyat Indonesia (Persero) Tbk

Bronze – Astra International

Malaysia

Gold – Maybank

Philippines

Gold – SM Investments Corporation

Silver – International Container Terminal Services, Inc.

Bronze – SM Prime Holdings, Inc.

South Korea

Gold – Hyundai Motor Co Ltd

Silver – Hanwha Ocean

Silver – POSCO

Bronze – Samsung Biologics

Taiwan

Gold – Taiwan Semiconductor Manufacturing Company, Ltd

Silver – MediaTek Inc.

Bronze – EVA Airways Corporation

Bronze – Far EasTone Telecommunications Co., Ltd

Thailand

Gold – Bangkok Dusit Medical Services PCL

Silver – PTT Exploration and Production (PTTEP)

Bronze – Advanced Info Service PCL

BEST MID CAP COMPANY

China

Gold – AsiaInfo Technologies Limited

Hong Kong SAR

Gold – CIMC Enric Holdings Ltd

Silver – Fortune REIT

India

Gold – Prestige Estates Projects Ltd

Silver – ICICI Securities Ltd

Indonesia

Gold – GoTo Gojek Tokopedia

Malaysia

Gold – Sunway Berhad

Silver – YTL Corporation Berhad

Bronze – Hap Seng Consolidated Berhad

Philippines

Gold – Manila Water Company, Inc.

Silver – Jollibee Foods Corporation

Bronze – Aboitiz Power

South Korea

Gold – LG Electronics

Silver – KIWOOM Securities

Taiwan

Gold – Far Eastern New Century Corporation

Silver – Arcadyan Technology Corporation

Bronze – Elite Material Co Ltd

Thailand

Gold – Minor International PCL

Silver – Global Power Synergy PCL

Bronze – WHA Corporation PCL

Vietnam

Gold – Vingroup

Silver – Masan Group

Bronze – Mobile World Investment Corporation

BEST SMALL CAP COMPANY

China

Gold – Digital China Holdings

Hong Kong SAR

Gold – Far East Consortium International Limited

Silver – Vitasoy International Holdings Limited

Bronze – SF REIT

India

Gold – Aavas Financiers

Silver – Indian Energy Exchange Ltd

Malaysia

Gold – Yinson Holdings Berhad

Silver – Top Glove Corporation Berhad

Philippines

Gold – Citicore Renewable Energy Corporation

Silver – Bloomberry Resorts Corporation

Silver – Megawide Construction Corporation

Bronze – D&L Industries Inc.

Taiwan

Gold – Sercomm Corporation

Silver – Fositek Corporation

Bronze – Merida Industry Co., Ltd

Thailand

Gold – Ratch Group PCL

Silver – Bangkok Chain Hospital PCL

Bronze – Central Plaza Hotel PCL

Vietnam

Gold – Vinh Hoan Corporation

Silver – CMC Corporation

Silver – International Dairy Products JSC

Bronze – GELEX Group

BEST CEO

China

Gold – Zhongyue Chen – China Unicom (Hong Kong) Ltd

Silver – Jie Yang – China Mobile

Bronze – Xiaowei Luan – China Communications Services

Bronze – Biao He – China Mobile

Hong Kong SAR

Gold – Raymond Kwok – Sun Hung Kai Properties Ltd

Silver – George Hongchoy – Link REIT

Bronze – Shixian Lai – ANTA Sports Products Ltd

India

Gold – Deepak C. Mehta – Deepak Nitrite Ltd

Silver – T.V. Narendran – Tata Steel

Indonesia

Gold – Sunarso – PT Bank Rakyat Indonesia (Persero) Tbk

Silver – Darmawan Junaidi – PT Bank Mandiri (Persero) Tbk

Silver – Royke Tumilaar – PT BNI (Persero) Tbk

Bronze – Ali Rukmijah – Bank Sahabat Sampoerna

Malaysia

Gold – Khairussaleh Ramli – Maybank

Silver – Tony Fernandes – Capital A Berhad

Bronze – Novan, Amirudin – CIMB Bank Berhad

Philippines

Gold – Edgar B. Saavedra – Megawide Construction Corporation

Silver – Teresita Sy-Coson – BDO Unibank

Silver – Oliver Y. Tan – Citicore Renewable Energy Corporation

Bronze – Jeffrey Lim – SM Prime Holdings, Inc.

Singapore

Gold – Piyush Gupta – DBS Bank

Silver – Loh Boon Chye – Singapore Exchange

South Korea

Gold – Chey Tae-won – SK Group

Silver – Han Jong-hee – Samsung Electronics

Bronze – Kim Seung-youn – Hanwha Group

Taiwan

Gold – C. C. Wei – Taiwan Semiconductor Manufacturing Company, Ltd

Silver – Suming, Chen – Universal Microwave Technology, Inc.

Bronze – Vivian Ling – Caliway Biopharmaceuticals Co. Ltd

Bronze – Chee Ching – Far Eastone Telecommunications Co., Ltd

Thailand

Gold – Dr. Harald Link – B. Grimm Power PCL

Silver – Niwat Adirek – BCPG PCL

Silver – Sarath Ratanavadi – Gulf Energy Development PCL

Bronze – Dr. Chalerm Harnphanich – Bangkok Chain Hospital PCL

Bronze – Dr. Poramaporn Prasarttong-osoth – Bangkok Dusit Medical Services PCL

Vietnam

Gold – Danny Le – Masan Group

BEST CFO

China

Gold – Yuzhuo Li – China Unicom (Hong Kong) Ltd

Silver – Ronghua Li – China Mobile

Bronze – Aqiang Shen – China Communications Services

Hong Kong SAR

Gold – Toby Xu – Alibaba Group (HK)

Silver – Alexandre Jean Keisser – CLP Holdings Ltd

India

Gold – Samir Seksaria – Tata Consultancy Services Ltd

Indonesia

Gold – Sigit Prastowo – PT Bank Mandiri (Persero) Tbk

Silver – Viviana Dyah Ayu Retno Kumalasari – PT Bank Rakyat Indonesia (Persero) Tbk

Bronze – Henky Suryaputra – Bank Sahabat Sampoerna

Malaysia

Gold – Malique Firdauz Ahmad Sidique – Maybank

Silver – Joyce Tan – Sunway Berhad

Bronze – Chek Wu Kong – Duopharma Biotech Berhad

Bronze – Guillaume François Jest – Yinson Holdings Berhad

Philippines

Gold – John Nai Peng Ong – SM Prime Holdings, Inc.

Silver – Jez G. dela Cruz – Megawide Construction Corporation

Bronze – Estella Tuason-Occeña – Bloomberry Resorts Corporation

Bronze – Richard Shin – Jollibee Foods Corporation

Singapore

Gold – Yuen Kuan Moon – Singtel

Silver – Koo Chung Chang – AIA Group

Bronze – Lim Hock Chye – Keppel Corporation

Taiwan

Gold – Henry Hao Jen Wang – Fubon Bank

Silver – Wendell Huang – Taiwan Semiconductor Manufacturing Company, Ltd

Bronze – David (Chien Cheng) Wang – Far Eastern New Century Corporation

Thailand

Gold – Chanamas Sasnanand – PTT Exploration and Production (PTTEP)

Silver – Yupapin Wangviwat – Gulf Energy Development PCL

Bronze – Siriwong Borvornboonrutai – B. Grimm Power PCL

Vietnam

Gold – Max Sunarcia – THACO Group

Silver – Do Thi Quynh Trang – Masan Group

BEST COO

China

Gold – Jian Qin – China Unicom (Hong Kong) Ltd

Silver – Zhanwei Cui – China Communications Services

Malaysia

Gold – Ariff Azahar – Maybank

Philippines

Gold – Carlos Cruz – International Container Terminal Services, Inc.

South Korea

Bronze – Nam Seok-Woo – Samsung Electronics

Taiwan

Gold – Tungyi Wu – Universal Microwave Technology, Inc.

Silver – Ben Lin – Sercomm Corporation

Bronze – Jeffrey Gau – Wistron NeWeb Corporation

Thailand

Bronze – Nopadej Karnasuta – B. Grimm Power PCL

Vietnam

Silver – Metha Pingsuthiwong – Tisco Group

BEST CTO

China

Gold – Jun Zhi, Wang – China Unicom (Hong Kong) Ltd

Taiwan

Gold – Jyh-Shing Roger Jang – E-Sun

Thailand

Bronze – Woottichai Jarernpol – Krungthai Card PCL

Indonesia

Gold – Arga M. Nugraha – PT Bank Rakyat Indonesia (Persero) Tbk

Thailand

Gold – Dennis Thorsten Trawnitschek – SCB X PCL

Taiwan

Silver – Chris Lin – Taiwan Semiconductor Manufacturing Company, Ltd

Thailand

Silver – Sutthikan Rungsrithong – TMBThanachart Bank Plc.

MOST COMMITTED TO DEI

China

Gold – China Telecom

Silver – China Mobile

Bronze – China Communications Services

Hong Kong SAR

Gold – Sun Hung Kai Properties Ltd

Silver – Henderson Land Development Co., Ltd

Bronze – Link REIT

India

Gold – Travelogy India Pvt Ltd

Indonesia

Gold – PT Bank Mandiri (Persero) Tbk

Silver – PT Bank Rakyat Indonesia (Persero) Tbk

Bronze – GoTo Gojek Tokopedia

Malaysia

Gold – CIMB Bank Berhad

Silver – Maybank

Bronze – Top Glove Corporation Berhad

Philippines

Gold – Citicore Renewable Energy Corporation

Silver – Ayala Corporation

Bronze – International Container Terminal Services, Inc.

South Korea

Gold – Hanwha Ocean

Silver – Samsung Electronics

Bronze – SK Hynix

Taiwan

Gold – Wistron NeWeb Corporation

Silver – CTBC Financial Holding

Bronze – Sercomm Corporation

Thailand

Gold – Gulf Energy Development PCL

Silver – Global Power Synergy PCL

Bronze – B. Grimm Power PCL

Vietnam

Gold – Vingroup

Silver – Mobile World Investment Corporation

Bronze – Masan Group

BEST USE OF TECHNOLOGY

China

Gold – China Unicom (Hong Kong) Ltd

Silver – China Telecom

Bronze – China Mobile

Hong Kong SAR

Gold – CIMC Enric Holdings Ltd

Silver – Hongkong Land Holdings Limited

Bronze – Swire Properties

India

Gold – Dito Telecommunity Corporation

Silver – Sun Telecommunication

Indonesia

Gold – GoTo Gojek Tokopedia

Silver – PT Bank Rakyat Indonesia (Persero) Tbk

Bronze – Telkom

Malaysia

Gold – KPJ Healthcare Berhad

Silver – Yinson Holdings Berhad

Bronze – Uzma Berhad

Philippines

Gold – Bank of the Philippine Islands

Silver – Union Bank

Bronze – Globe Telecom, Inc.

South Korea

Gold – Samsung Biologics

Silver – Hanwha Ocean

Bronze – SK Hynix

Taiwan

Gold – Sercomm Corporation

Silver – MediaTek Inc.

Bronze – Taiwan Semiconductor Manufacturing Company, Ltd

Thailand

Gold – SCB X PCL

Silver – Advanced Info Service PCL

Bronze – TMBThanachart Bank Plc.

Vietnam

Gold – Vingroup

Silver – Masan Group

Bronze – FPT Corporation

Asia’s Best Companies Poll 2025: Market winners | FinanceAsia