In Malaysia, there are a number of global recognized multinational companies. They have been functioning in the country for a long time. Malaysia is one of the major countries to feature Multi-national countries globally. Malaysia is a country where most MNC’s globally would like to set up their businesses or branch. Because the reason is the country costs lesser for the operational cost of setting business.
There are many reasons to start an MNC in Malaysia. The location of Malaysia is one of the primitive factors to start business in the country. Malaysia is ranked 6th best country to start a business. Even Australia and United Kingdom are ranked behind Malaysia for best countries to start the business. When it comes to business Malaysia has a good structure. Their management, system, and communication are the best level for the business.
Malaysia is in a higher level when it comes to maintaining the standards of multinational companies. The maintenance includes the policies and regulations of the business which is placed on a location. Thus, it is much easier for foreign companies to start an MNC in Malaysia.
Info: You may read an article if you want to know how to set up an MNC or other business in Malaysia
List of multinational companies which are successful in Malaysia:
Alphabet Inc: This company is an American multinational corporation. Where its headquarters is in California. This company is available in 30 countries.
Axiata Group Berhad: The company is a Malaysian telecommunication multinational organization. It was first known as TM International Berhad. It is one of the largest wireless connection which most of the people use in the country. There are 7 subsidiaries under the organization. There are over 150 million people using this telecommunication service.
BASF Malaysia Sdn Bhd: It is an organization where they create chemistry for the future. This creation is there for a long-time purpose. This formation is with the mix of science and innovation for the society needs. This company is there in 7 locations.
Exxon Mobil Corporation: ExxonMobil is an American multinational oil and gas. Its headquarters of the corporation is Texas. The corporation has 21 different locations.
Honda Motor Company: It is a Japanese public multinational corporation. It is the manufacturer of automobiles, motorcycles and power equipment. The company produces various power equipment. This corporation has over 30 locations in the world.
Intel Corporation, Intel Microelectronics Sdn Bhd: It is famous processors. The company does more technological management in the system. Intel manages all the global problems and other industrial challenges. Intel is an American multinational corporation and technology company. The corporation headquarters is at California. Intel is globally functioning and there are ‘over’ 50 locations in this corporation.
Panasonic Corporation: The corporation is a Japanese multinational corporation. The headquarters is at Osaka, Japan. The corporations have ‘over’ 55 location in the world.
Petroliam Nasional Berhad: It is also shortly known as “Petronas”. It is a Malaysian oil and gas company. The corporation have 11 locations.
Proton Holdings Berhad: The corporation is a Malaysian automotive and automobile company. The corporation partners with 23 countries globally.
Sime Darby Berhad: It is a Malaysian multi-national company where it has 5 main sectors. The 5 different industry under the same cooperation are. Plantation, Motors, Industrial Equipment, Property and Logistics. They are present in 25 countries and 4 territories.
Tanaga Nasional Berhad: It is a Malaysian electricity company in the Peninsular of Malaysia. It is also known to have the largest power company in the Southeast Asia. It is under Khazanah Nasional where it is among 10 companies of Khazanah. The main purpose is to distribute electricity to all the buildings in the country. TNB is the main contributor to the Nations Building. Some of the activities are electricity production and supply value chain.
YTL Corporation Berhad: It is Malaysian infrastructure conglomerate. The company grew from small construction firm to global infrastructure company. There organization is present in 10 different countries. They are planning to expand in more countries.
Google: Google is a successful internet browser used by billions of people. Google is a preferable website to use. It also requires information needed. Google is globally functioned everywhere in the world. Apart from using Google, Google is also a dream work place. There are many candidates all around the world who try to work in google.
Petronas: Petronas stands for “Petrolium Nasional Berhad”. It is a Malaysian full- fledged oil and gas multinational ranked company. The company has a diverse group of companies.
Shell Malaysia: Shell is a partner of fuel Malaysia for 125 years. The business works with modern businesses of gas and oil. This organization maintains a long-term value for the country. It has a huge impact for the locals in Malaysia.
Air Asia: This air travel services a lot of people since many of them prefer to travel in Air Asia. The air plane is famous for its good services. They also create new ideas to excite and meet the customers. Their air fee charges are low with quality services.
Maybank (Malaysian Banking Bhd): Maybank is a financial service bank which is in Malaysia. This bank is for the Islamic banking service which terms as Maybank Islamic Berhad.
Nestle: This organization is the world’s largest food and beverage distributor. The headquarter is in Switzerland. The organization operates in 191 countries. Some of the goods which they produce are Nestle, Maggi, KitKat, milky bar, etc.
Eco World Malaysia: The company is a Malaysian company participated in property development.
- Malaysia as various top multi-national companies
- Most of the multi-national companies have over 30 companies across globally.
- It is quite hard to get job opportunities in top companies of Malaysia. The competition is high.
- Malaysia is one of the best countries to work in. Most of their companies are famous.
- Malaysia is a good country to start business. Global MNC’S would like to do business because of its geographical location.
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