Multinational Companies (MNC) in Malaysia 2024
multinational companies in malaysia
In Malaysia, there are many globally recognized multinational companies. He has been working in the country for a long time. Malaysia is one of the major countries showcasing multinational countries globally. Malaysia is a country where most of the multinational companies globally want to establish their business or branch. Because the reason for this is that the operating cost of setting up a business in the country is less.
There are many reasons to start an MNC in Malaysia. Malaysia’s location is one of the major factors for starting a business in the country. Malaysia is the sixth best country to start a business. Even Australia and the United Kingdom lag behind Malaysia in the list of best countries to start a business. Malaysia has a good structure when it comes to business. Their management, systems and communication are at the best level for the business.
Malaysia ranks high when it comes to maintaining standards for multinational companies. Maintenance involves the policies and rules of business established at a location. Thus, it is very easy for foreign companies to start an MNC in Malaysia.
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List of Successful Multinational Companies in Malaysia:
Alphabet Inc.: This company is an American multinational corporation. Where is its headquarters in California? This company is available in 30 countries.
Axiata Group Berhad: The company is a Malaysian telecommunications multinational organization. It was previously known as TM International Berhad. It is one of the largest wireless connections used by most of the people in the country. There are 7 subsidiaries under the organization. More than 150 million people are using this telecommunication service.
BASF Malaysia Sdn Bhd: This is an organization where they create chemistry for the future. This creation is for a long term purpose. This formation is a blend of science and innovation for the needs of society. This company is at 7 places.
ExxonMobil Corporation: ExxonMobil is an American multinational oil and gas corporation. The corporation’s headquarters is Texas. The corporation has 21 different locations.
Honda Motor Company: It is a Japanese public multinational corporation. It is a manufacturer of automobiles, motorcycles and power equipment. The company manufactures various power tools. This corporation has more than 30 locations around the world.
Intel Corporation, Intel Microelectronics Sdn Bhd: This is the famous processor. The company does more technical 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 is headquartered in California. Intel is operating globally and this corporation has more than 50 locations.
Panasonic Corporation: This corporation is a Japanese multinational corporation. The headquarters is in Osaka, Japan. The corporations have more than 55 locations in the world.
Petroliam Nasional Berhad: Also known as “Petronas” for short. It is a Malaysian oil and gas company. The corporation has 11 locations.
Proton Holdings Berhad: Proton Holdings Berhad Corporation is a Malaysian automotive and automobile company. The corporation partners with 23 countries globally.
Sime Darby Berhad: It is a Malaysian multinational company where it has 5 main sectors. There are 5 different industries under one collaboration. Plantations, motors, industrial equipment, property and logistics. They are present in 25 countries and 4 territories.
Tanaga Nasional Berhad: It is a Malaysian power company in Peninsular Malaysia. It is also known as the largest power company in Southeast Asia. It is under Khazanah National where it is one of the 10 Khazanah companies. Its main objective is to distribute electricity to all the buildings in the country. TNB is a major contributor to nation building. Some of the activities are power generation and supply value chain.
YTL Corporation Berhad: It is a Malaysian infrastructure conglomerate. The company grew from a small manufacturing company to a global infrastructure company. The organization there is present in 10 different countries. They are planning to expand to more countries.
Google: Google is a successful internet browser used by billions of people. Google is a better website to use. This also requires necessary information. Google operates globally, everywhere around the world. Apart from using Google, Google is also a dream workplace. There are many candidates around the world who try to work in Google.
PETRONAS: PETRONAS stands for “Petroleum Nasional Berhad”. It is a Malaysian full-fledged oil and gas multinational ranked company. The company owns a diverse group of companies.
Shell Malaysia: Shell has been Fuel Malaysia’s partner for 125 years. The business works with modern gas and oil businesses. This organization maintains long-term value for the country. It has a huge impact on the local people in Malaysia.
Air Asia: This air travel serves a lot of people because many of them like to travel in Air Asia. The airline is famous for its good services. They also create new ideas to excite and meet customers. Their airfare charges are low with quality services.
Maybank (Malaysian Banking Bhd): Maybank is a financial services bank based in Malaysia. This bank is for Islamic banking service which is called Maybank Islamic Berhad.
Nestle: This organization is the world’s largest food and beverage distributor. The headquarters is in Switzerland. This organization works in 191 countries. Some of the goods produced by them are Nestle, Maggi, KitKat, Milky Bar etc.
Eco World Malaysia: The company is a Malaysian company that participates in property development.
key points:
- Malaysia as various top multinational companies
- Most multinationals have more than 30 companies globally.
- It is quite difficult to get job opportunities in top companies in Malaysia. Competition is high.
- Malaysia is one of the best countries to work. Most of his companies are well known.
- Malaysia is a good country to start a business. Global multinational companies will want to do business because of their geographical location.
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