MANILA – Six companies from the Philippines made it to Forbes' Global 2000 list ranking the world's biggest firms in terms of sales, profits, assets and market values.

SM Investments Corp (#883), BDO Unibank Inc (#1072), Top Frontier Investment Holdings Inc (#1210), Ayala Corp (#1216), JG Summit (#1506), and Metropolitan Bank & Trust (#1750) were among "the biggest, most powerful and most valuable companies in the world," Forbes said in a statement released late Wednesday.

Chinese companies Industrial & Commercial Bank of China (ICBC) and China Construction Bank bagged the top two spots followed by JPMorgan Chase and Berkshire Hathaway from the US.

“It’s been a strong year for businesses worldwide, and companies on the Forbes 2018 Global 2000 saw their market value, assets, sales and profits jump,” said Halah Touryalai, deputy editor for Money & Markets of Forbes Media.

However, with more than 40 percent of the list coming China and the US, the “possibility of a trade war between the two is a major risk for global companies,” Touryalai said.

Five-hundred sixty companies on the list were from the US while 291 were from mainland China and Hong Kong.