Forbes magazine issued its index of the 200 top small scale and midsized companies of Asia (with $1 billion revenues and below)
Some highlights presented by Forbes:
-China maintains the most with 71 but is down from 78 last year
-Indian companies shot up to 39 from 20 last year
-Vietnam made a debut with Vinamilk
-only 2 Japanese companies made cut down from 24 last year
-151 names are new compared to 2009 list
-technology companies (hardware and software) seem to be making the growth inroads as well health care issues
Additional comment:
Among the ASEAN 4: Thailand has 11, Malaysia has 7, Philippines has 3 while Indonesia has one
For the Philippines: They include Lopez Holdings (classified as media), Pacific Online system (household products) and Philweb (software services)
See charts below: (note: this does NOT in anyway represent a stock TIP)
Lopez Holdings (LPZ)
Pacific Online (LOTO)
Philweb (WEB)
