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Malaysia is a federal constitutional monarchy located in Southeast Asia. It is a relatively state-oriented and newly industrialised market economy.[1][2]
The state plays a significant but declining role in guiding economic activity through macroeconomic plans.[3][4] In 2014, Malaysia's economy grew 6%, the second highest growth in ASEAN behind Philippines' growth of 6.1%.[5] The economy of Malaysia (GDP PPP) in 2014 was $746.821 billion, the third largest in ASEAN behind Indonesia and Thailand and the 28th largest in the world.[6][needs update]
For further information on the types of business entities in this country and their abbreviations, see "Business entities in Malaysia".
Largest firms
editThis list shows firms in the Fortune Global 500, which ranks firms by total revenues reported before 31 March 2017.[7] Only the top five firms (if available) are included as a sample.
Rank | Image | Name | 2016 Revenues (USD $M) | Employees | Notes |
---|---|---|---|---|---|
184 | Petronas | $49,479 | 51,034 | State-owned multinational oil and gas company vested with the entire oil and gas resources of Malaysia and operating in 35 countries. The firm has ranked as high as 68th globally in 2015. |
Notable firms
editThis list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.
Name | Industry | Sector | Headquarters | Founded | Notes | Status | |
---|---|---|---|---|---|---|---|
Adventa | Health care | Medical supplies | Petaling Jaya[8] | 2004 | Health care supplies and support | P | A |
AirAsia | Consumer Services | Airlines | Sepang | 1993 | Low cost airline | P | A |
AmBank | Financials | Banks | Kuala Lumpur | 1975 | Retail and wholesale banking | P | A |
Astro Malaysia Holdings | Consumer services | Broadcasting & entertainment | Kuala Lumpur | 1996 | Entertainment holding company | P | A |
Astro Radio | Consumer services | Broadcasting & entertainment | Kuala Lumpur[9] | 1997 | Radio network | P | A |
Axiata | Telecommunications | Mobile telecommunications | Kuala Lumpur | 1992 | Mobile network | P | A |
Berjaya Group | Consumer Services | Hotels | Kuala Lumpur | 1984 | Resorts, gambling | P | A |
Bonia | Consumer Services | Apparel retailers | Kuala Lumpur | 1974 | Clothing and fashion retailer | P | A |
Boustead Holdings | Conglomerates | - | Kuala Lumpur | 1828 | Plantations, heavy industries, property, finance, trading | P | A |
BSA Manufacturing | Consumer Goods | Tires | Rawang[10] | 1995 | Automotive, tires | P | A |
Bufori | Consumer Goods | Automobiles | Kuala Lumpur | 1986 | Hand-made automotive | P | A |
Bumiputra-Commerce Holdings | Financials | Banks | Kuala Lumpur | 1987 | Bank and financial services | P | A |
Bursa Malaysia | Financials | Investment services | Kuala Lumpur | 1964 | Exchange, previously Kuala Lumpur Stock Exchange, KLSE | P | A |
Capital Dynamics | Financials | Asset managers | Kuala Lumpur[11] | 1989 | Investment firm | P | A |
CIMB | Financials | Banks | Kuala Lumpur | 1924 | Bank | P | A |
Digi Telecommunications | Telecommunications | Mobile telecommunications | Shah Alam | 1995 | Mobile network | P | A |
DRB-HICOM | Consumer Goods | Automobiles | Shah Alam | 1996 | Autos | P | A |
Dutch Lady Milk Industries | Consumer goods | Food products | Selangor | 1963 | Dairy products, part of FrieslandCampina (Netherlands) | P | A |
Edaran Otomobil Nasional (EON) | Consumer Goods | Automobiles | Shah Alam | 1984 | Distributes Proton cars | P | A |
Friendster | Technology | Internet | Kuala Lumpur | 2002 | Social gaming website, defunct 2015 | P | D |
Gamuda Berhad | Industrials | Heavy construction | Petaling Jaya[12] | 1976 | Construction | P | A |
Genting Group | Consumer Services | Hotels | Kuala Lumpur | 1965 | Tourism, resorts, gaming | P | A |
Giant Hypermarket | Consumer Goods | Retail | Shah Alam | 1944 | Hypermarket and retailer chain | P | A |
Golden Hope | Consumer Goods | Food products | Kuala Lumpur | 1905 | Plantations | P | A |
Golden Screen Cinemas | Consumer Services | Recreational services | Petaling Jaya[13] | 1987 | Cinema chain | P | A |
Guthrie | Consumer Goods | Food products | Kuala Lumpur | 1821 | Plantations, defunct 2007 | P | D |
HELP International Corporation | Education | Business training & employment agencies | Kuala Lumpur[14] | 2005 | Private training and education | P | A |
Hong Leong Bank | Financials | Banks | Kuala Lumpur | 1905 | A major public listed banking group in Malaysia | P | A |
iMoney.my | Financials | Consumer finance | Kuala Lumpur | 2012 | Financial comparisons | P | A |
IOI Group | Conglomerates | - | Putrajaya | 1969 | Agriculture, chemicals, consumer marketing, property development, investment, resorts | P | A |
Iskandar Investment Berhad | Financials | Real estate holding & development | Iskandar Puteri[15] | 2006 | Developer | P | A |
The Italian Baker | Consumer Goods | Food products | Sungai Buloh | 2011 | Bread bakery | P | A |
Jaring | Technology | Internet | Kuala Lumpur | 1992 | Internet service provider, defunct 2015 | P | D |
Jirnexu | Financials | Consumer finance | Kuala Lumpur | 2012 | Financial comparisons | P | A |
JobStreet.com | Industrials | Business training & employment agencies | Kuala Lumpur | 1997 | Employment site | P | A |
Johor Corporation | Financials | Real estate holding & development | Johor Bahru | 1968 | State-owned, economic development | S | A |
Khazanah Nasional | Financials | Real estate holding & development | Kuala Lumpur | 1993 | Government holding company | S | A |
Khind Holdings Berhad | Consumer goods | Durable household products | Shah Alam | 1961 | Electrical appliances company | P | A |
Keretapi Tanah Melayu (KTM) | Industrials | Railroads | Kuala Lumpur | 1885 | Railways, state-owned | S | A |
Kossan Rubber Industries | Consumer Goods | Manufacturing | Kuala Lumpur | 1979 | Rubber | P | A |
Kulim (Malaysia) Berhad | Consumer Goods | Food products | Johor Bahru | 1933 | Food | P | A |
Lam Eng Rubber | Basic materials | Commodity chemicals | Sungai Petani | 1940 | Rubber | P | A |
Lion Group | Conglomerates | - | Kuala Lumpur[16] | 1930 | Trading, automotive, steel | P | A |
Magnum Corporation | Consumer Services | Gambling | Kuala Lumpur | 1968 | Gaming | P | A |
Maybank | Financials | Banks | Kuala Lumpur | 1960 | Bank | P | A |
Malaysia Airlines | Consumer Services | Airlines | Sepang | 1937 | National air carrier | S | A |
Malaysia Airports | Industrials | Transportation services | Sepang | 1991 | State-owned, manages most airports | S | A |
Marrybrown | Consumer Services | Restaurants & bars | Johor Bahru | 1981 | Restaurant chain | P | A |
Maxis Communications | Telecommunications | Fixed line telecommunications | Kuala Lumpur | 1993 | Telecom | P | A |
MBO Cinemas | Consumer Services | Recreational services | Klang[17] | 2003 | Cinema chain | P | A |
Media Prima Berhad | Consumer Services | Broadcasting & entertainment | Kuala Lumpur & Petaling Jaya | 2003 | Media | P | A |
MIMOS | Technology | Technology hardware | Kuala Lumpur | 1984 | Research and development | S | A |
MISC Berhad | Industrials | Marine transportation | Kuala Lumpur | 1968 | Shipping company | P | A |
Modenas | Consumer goods | Automobiles | Gurun | 1995 | National motorcycle manufacturer | S | A |
MUI Group | Conglomerates | - | Kuala Lumpur | 1960 | Retail, financial services, hotels, food | P | A |
Munchy's | Consumer goods | Food products | Batu Pahat | 1991 | Snacks, part of Universal Robina (Philippines) | P | A |
Mydin | Consumer services | Food retailers & wholesalers | Subang Jaya | 1940 | Hypermarket | P | A |
NAZA Group | Consumer goods | Automobiles | Kuala Lumpur | 1975 | Autos | P | A |
New Straits Times Press | Consumer services | Publishing | Kuala Lumpur | 1845 | Newspapers | P | A |
Nibong Tebal Paper Mill | Consumer goods | Nondurable products | Seberang Perai | 1975 | Paper towel | P | A |
OYL Industries | Consumer goods | Durable household products | Kuala Lumpur | 1974 | Air-conditioning, defunct 2006 | P | D |
Parkson | Consumer services | Broadline retailers | Kuala Lumpur | 1987 | Department stores | P | A |
Pensonic | Consumer goods | Durable household products | George Town[18] | 1965 | Electrical appliances | P | A |
Permodalan Nasional Berhad | Financials | Asset management | Kuala Lumpur | 1978 | Fund management | P | A |
Perodua | Consumer goods | Automobiles | Serendah | 1993 | Autos | P | A |
Petronas | Oil & gas | Exploration & production | Kuala Lumpur | 1974 | State oil and gas | S | A |
PLUS | Industrials | Heavy construction | Petaling Jaya | 1986 | Expressways | P | A |
Pos Malaysia | Industrials | Delivery Services | Kuala Lumpur | 1800 | Government-linked company | P | A |
PPB Group | Conglomerates | - | Kuala Lumpur | 1968 | Food, Agriculture, Waste Management, Cinema, Property | P | A |
Prasarana Malaysia | Consumer services | Travel & tourism | Kuala Lumpur | 1998 | Public transportation, state controlled | S | A |
Proton Holdings | Consumer goods | Automobiles | Shah Alam | 1983 | Autos, owned by DRB-HICOM | P | A |
Public Bank Berhad | Financials | Bank | Kuala Lumpur | 1966 | Bank | P | A |
Ramly Group | Consumer services | Restaurants & bars | Kuala Lumpur | 1984 | Frozen and fast food | P | A |
Ranhill Holdings Berhad | Utilities | Conventional electricity | Kuala Lumpur | 1981 | Power utility | P | A |
Resort World | Consumer services | Hotels | Kuala Lumpur | 1980 | Entertainment | P | A |
RHB Bank | Financials | Banks | Kuala Lumpur | 1997 | Bank | P | A |
Royal Selangor | Consumer Goods | Durable household products | Kuala Lumpur | 1885 | Pewter goods | P | A |
Scientex Incorporated Berhad | Basic materials | Specialty chemicals | Shah Alam[19] | 1968 | Chemicals | P | A |
Scomi | Oil & gas | Oil equipment & services | Kuala Lumpur | 1990 | Oil and gas | P | A |
Sime Darby | Conglomerates | - | Kuala Lumpur | 2007 | Plantations, property, industrial, motors and energy & utilities. | P | A |
SIRIM | Industrials | Business support services | Shah Alam | 1996 | Government industrial research | S | A |
Sunway Group | Conglomerate | Real estate holding & development | Subang Jaya | 1974 | Real estate development and holding | P | A |
Supermax | Consumer goods | Personal products | Kuala Lumpur[20] | 1987 | Glove manufacturer | P | A |
Tan Chong Motor | Consumer goods | Automobiles | Kuala Lumpur | 1972 | Autos | P | A |
Tanjong | Financials | Investment services | Kuala Lumpur | 1926 | Investment | P | A |
Tenaga Nasional | Utilities | Conventional electricity | Kuala Lumpur | 1990 | Electric supplier | P | A |
Telekom Malaysia (TM) | Telecommunications | Fixed line telecommunications | Kuala Lumpur | 1984 | Telecom | P | A |
TGV Cinemas | Consumer services | Recreational services | Kuala Lumpur | 1995 | Cinema chain | P | A |
Top Glove | Consumer goods | Personal products | Shah Alam | 1991 | Rubber gloves | P | A |
UEM Group | Industrials | Heavy construction | Kuala Lumpur | 1966 | Construction | P | A |
UMW Holdings | Conglomerates | - | Shah Alam[21] | 1917 | Auto, oil & gas, manufacturing & engineering, equipment, owned by Sime Darby | P | A |
VADS | Technology | Computer hardware | Kuala Lumpur | 1991 | IT company | P | A |
ViTrox | Industrials | Electrical components & equipment | Bayan Lepas | 2000 | Electronics | P | A |
Wah Seong Corporation | Oil & gas | Oil equipment & services | Kuala Lumpur | 1994 | Oil and gas | P | A |
YTL Corporation | Industrials | Heavy construction | Kuala Lumpur | 1955 | Infrastructure | P | A |
-
The Petronas Towers.
-
Menara Maybank, in Kuala Lumpur
-
KOMTAR JBCC Tower which houses the Johor Corporation.
-
Port Klang in Selangor, the biggest and busiest port in Malaysia.
See also
editReferences
edit- ^ Boulton, William; Pecht, Michael; Tucker, William; Wennberg, Sam (May 1997). "Electronics Manufacturing in the Pacific Rim, World Technology Evaluation Center, Chapter 4: Malaysia". The World Technology Evaluation Center, Inc. Retrieved 1 November 2010.
- ^ "Malaysia, A Statist Economy". Infernalramblings. Retrieved 1 November 2010.
- ^ "Malaysia". United States State Department. 14 July 2010. Retrieved 14 September 2010.
- ^ "WEF". Retrieved 13 February 2015.
- ^ "Malaysia's GDP grows 6 percent in 2014". Retrieved 12 February 2014.
- ^ "Report for Selected Countries and Subjects (Malaysia)". International Monetary Fund. Retrieved 19 October 2014.
- ^ DeCarlo, Scott (20 July 2017). "The Fortune 2017 Global 500". Fortune.
- ^ ADVENTA BHD (ADV:Bursa Malaysia): Stock Quote & Company Profile - Businessweek
- ^ ASTRO:Bursa Malays Stock Quote - Astro Malaysia Holdings Bhd - Bloomberg Markets
- ^ BSA Manufacturing Sdn Bhd/Malaysia: Company Profile - Bloomberg
- ^ Capital Dynamics Asset Management Sdn Bhd: Private Company Information - Businessweek
- ^ GAM:Bursa Malays Stock Quote - Gamuda Bhd - Bloomberg Markets
- ^ Golden Screen Cinemas :: Contact Us
- ^ Help International Corporation Bhd: Private Company Information - Businessweek
- ^ Iskandar Investment Berhad: Private Company Information - Businessweek
- ^ The Lion Group
- ^ MCAT Box Office Sdn Bhd: Private Company Information - Businessweek
- ^ PSN:Bursa Malays Stock Quote - Pensonic Holdings BHD - Bloomberg Markets
- ^ SCI:Bursa Malays Stock Quote - Scientex BHD - Bloomberg Markets
- ^ SUCB:Bursa Malays Stock Quote - Supermax Corp Bhd - Bloomberg Markets
- ^ UMWH:Bursa Malays Stock Quote - UMW Holdings Bhd - Bloomberg Markets