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Stock impact report

Introducing Fortune's first-ever Southeast Asia 500: Firms that mine stuff, make stuff, and move stuff dominate a fast-growing region [Yahoo! Finance]

Grab Holdings Limited (GRAB) 
Company Research Source: Yahoo! Finance
fast-changing region—one that boasts a GDP of $4 trillion, and one whose core economies are growing notably faster than those of Europe or the U.S. Southeast Asia is also taking on far greater significance in the global economy. In the wake of the COVID pandemic, a host of Global 500 multinationals have shifted more of their supply chains to Southeast Asian nations. Foreign direct investment to the region is soaring. And with a young and growing population of 680 million, low inflation, and stable exchange rates, Southeast Asia is emerging as an attractive market in its own right. A defining feature of the Southeast Asia 500 is its domination by a handful of giant firms with far-flung global operations. But greater exposure to overseas markets may explain why Southeast Asia's largest companies saw their revenue shrink last year even as regional economies grew. In total, companies on the Fortune Southeast Asia 500 took in $1.79 trillion in revenue in 2023, a drop of $45 billion, Show less Read more
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