Business World- SM Investments Corp. (SMIC) made it to Forbes magazine’s annual list of the World’s Best Regarded Companies in 2019, which ranks firms based on trustworthiness and company performance.

The Sy-led company said in a statement Tuesday that it took the 172nd spot in the global list, 63 steps higher than its 235th ranking in 2018.

Forbes engaged the services of data firm Statista in surveying about 15,000 respondents from over 50 countries.

From the world’s 2000 largest public companies, the list was trimmed to the top 250 best-regarded firms on the basis of trustworthiness, social conduct, strength of products and services, and how they fare as employers.

This is the second time SMIC was included in the list, placing it in the company of other firms in Asia, the United States, and Europe.

Topping the list is credit card company Visa, Inc. followed by luxury car manufacturer Ferrari NV. Also in the top 10 are online streaming service Netflix Inc., tech giant Microsoft Corp., and multimedia behemoth The Walt Disney Co. — Arra B. Francia