Meet Southeast Asia’s 500 biggest business power players

Fortune

Southeast Asia's biggest companies generated $1.82 trillion in revenue last year. Fortune's Nicholas Gordon breaks down the biggest winners on the #FortuneSEA500—even as President Trump's tariff policy threatens to roll back some of their gains.

Transcript

00:00Fortune's Southeast Asia 500 is a snapshot of a region where they take advantage of supply

00:05chain shifts and booming industries like mining, EVs, and AI. The region is fast-growing, diverse,

00:11and underappreciated. It's rich in natural resources. It's got a young, digitally savvy,

00:16upwardly mobile population. And it's a player in global trade, sitting in between major economies

00:21like the US, China, India, and even the Middle East. Companies on this year's list generated

00:27$1.8 trillion in revenue last year, just up a touch from the year before. Number one on the

00:33list is Trafigura, the Singapore-based commodity trading giant. Energy, whether resource extraction,

00:39power generation, or electrical transmission, is the most dominant sector on the Southeast Asia 500,

00:44generating almost a third of the list's entire revenue. The Southeast Asia 500 looks at 2024

00:50data, so before US President Donald Trump slapped steep tariffs on most of the region. Southeast

00:55Asian countries like Cambodia, Vietnam, Thailand, all major exporters to the US got some of the

01:01steepest Liberation Day tariffs. Now, will those tariffs stick? What will governments have to give

01:06up to get those taxes reduced? Or are they already looking for new trading partners? That's something

01:12we're paying attention to at Fortune Asia Desk in the weeks and months to come. And you can check out

01:17all of our reporting on Southeast Asia's largest companies at Fortune.com.

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