The economy of Malaysia is the third largest in Southeast Asia and the 34th largest in the world in terms of GDP. The 2018 labour productivity of Malaysia was measured at Int$55,360 per worker, the third highest in ASEAN. According to the Global Competitiveness Report 2021, the Malaysian economy is the 25th most competitive country economy in the world.
Tenaga Nasional Berhad, also known as Tenaga Nasional or simply Tenaga, is the Malaysian multinational electricity company and is the only electric utility company in Peninsular Malaysia and also the largest publicly-listed power company in Southeast Asia with MYR 182.60 billion worth of assets. It serves over 10.3 million customers throughout Peninsular Malaysia and the East Malaysian state of Sabah through Sabah Electricity Sdn Bhd. TNB's core activities are in the generation, transmission and distribution of electricity. Other activities include repairing, testing and maintaining power plants, providing engineering, procurement and construction services for power plants related products, assembling and manufacturing high voltage switchgears, coal mining and trading. Operations are carried out in Malaysia, Mauritius, Pakistan, India and Indonesia.
DRB-HICOM Berhad is one of Malaysia's leading corporations, involved in the automotive manufacturing, assembly and distribution industry through its involvement in the passenger car and four wheel drive vehicle market segment, the national truck project and the national motorcycle project. DRB-HICOM is the majority shareholder of Malaysia's national car company, Proton, with China's Zhejiang Geely Holding Group the other shareholder since an equity sale in 2017. The Group also owns national motorcycle company Modenas, with Japanese two-wheeler giant Kawasaki as its partner. DRB-HICOM assembles cars in Malaysia for Tata Motors, Honda, Isuzu, Mercedes-Benz and Volkswagen, with plans for expansion. The Group also retails various brands such Audi, Mitsubishi and Volkswagen.
Hong Leong Bank Berhad is a major public listed banking group in Malaysia.
Andhra Bank was a medium-sized public sector bank (PSB) of India, with a network of 2885 branches, 4 extension counters, 38 satellite offices and 3798 automated teller machines (ATMs) as of 31 March 2019. During 2011–12, the bank entered the states of Tripura and Himachal Pradesh. It operated in 25 states and three union territories. It had its headquarters in Hyderabad, Telangana, India. Along with Corporation Bank, Andhra Bank was merged with Union Bank of India in April 2020.
The Majlis Amanah Rakyat is a Malaysian government agency. It was formed to aid, train, and guide Bumiputra in the areas of business and industry. MARA was formed on March 1, 1966 under the Rural and National Development Ministry.
The Malaysian Investment Development Authority, abbreviated MIDA, previously known as Malaysian Industrial Development Authority is the government's principal agency to oversee and drive investment into the manufacturing and services sectors in Malaysia. Starting operations in 1967, MIDA was given the mandate to promote investments in the manufacturing and services sectors; and to advise the Ministry of International Trade and Industry (MITI) on industry matters including the formulation of related policies.
The Malaysian Electronic Payment System (MEPS) is an interbank network service provider in Malaysia. In August 2017, MEPS merged with Malaysian Electronic Clearing Corporation Sdn Bhd (MyClear) to form Payments Network Malaysia Sdn Bhd (PayNet).
RHB Bank Berhad, formerly known as RHB Sakura Merchant Bank Berhad, is a Malaysian bank based in Kuala Lumpur and founded in 1994. It is a subsidiary of RHB Capital Berhad, which is one of the largest banks in Malaysia.
AmBank Group comprises AMMB Holdings Berhad is one of the largest banking groups in Malaysia whose core businesses are retail banking, wholesale banking, Islamic banking, and life and general insurance.
CIMB Group Holdings Berhad is a Malaysian universal bank headquartered in Kuala Lumpur and operating in high growth economies in ASEAN. CIMB Group is an indigenous ASEAN investment bank. CIMB has a wide retail branch network with 1,080 branches across the region.
1Malaysia Development Berhad is an insolvent Malaysian strategic development company, wholly owned by the Minister of Finance (Incorporated).
The Ministry of Finance, abbreviated MOF, is a ministry of the Government of Malaysia that is charged with the responsibility for government expenditure and revenue raising. The ministry's role is to develop economic policy and prepare the Malaysian federal budget. The Ministry of Finance also oversees financial legislation and regulation. Each year in October, the Minister of Finance presents the Malaysian federal budget to the Parliament.
The Ministry of International Trade and Industry, abbreviated MITI, is a ministry of the Government of Malaysia that is responsible for international trade, industry, investment, productivity, small and medium enterprise, development finance institution, halal industry, automotive, steel, strategic trade. The ministry has its headquarters located at Menara MITI on Jalan Sultan Haji Ahmad Shah in Kuala Lumpur and the building is also a component of Naza TTDI’s 75.5-acre KL Metropolis, a mixed development that is envisioned to be the International Trade and Exhibition District for Kuala Lumpur. It is one of the three ministries that has not moved to Putrajaya.
Cheong Chia Chieh was the group managing director of PUC Founder (MSC) Berhad - a listed company under ACE market of Bursa Malaysia - principally engaged in three different sectors, which are the Technology, Media and Telecommunication sector ("TMT"), Mobile Application sector, and Renewable Energy sector. He was the Former Managing Director of Redhot Media International Limited (“RHM”) with the role of primarily being responsible for its overall operations within the RHM group of companies, sales as well as strategic direction and vision for the group. He was a founding director of the RH Media Group, and also a board member of a number of RHM's subsidiaries, including being the sole director of Red Media Asia Ltd.
Abdul Wahid bin Omar is the non-executive chairman of Bursa Malaysia since 1 May 2020. He is also the chairman of the board of directors of Universiti Kebangsaan Malaysia (UKM), one of Malaysia top universities, since 1 November 2018.
Halal Development Corporation Berhad, or HDC, is a Malaysian federal government agency mandated as the custodian of Malaysia's Halal economy, and featured as a trusted partner in the Halal business. Its mission is to generate opportunities for the community of stakeholders within Malaysia's Halal ecosystem.
Etiqa is a leading insurer and takaful operator in ASEAN. A member of the Maybank Group, it offers a full range of life and general insurance policies, as well as family and general takaful plans via more than 10,000 agents, 46 branches, 17 offices, a bancassurance network comprising over 490 branches, cooperatives, brokers and online platforms across Malaysia, Singapore, Indonesia, Philippines and Cambodia. Etiqa is also the leading digital insurance/Takaful player in Malaysia with over 55% market share of online premium/contribution in the past three consecutive years. Etiqa is also the leading bank assurance player in Malaysia, a leader in Digital Life Insurance in Singapore and a leading Group Medical insurer in the Philippines.
Nor Shamsiah binti Mohd Yunus is the Governor of the Central Bank of Malaysia from 1 July 2018, replacing Tan Sri Muhammad bin Ibrahim. She has served as Deputy Governor of Bank Negara from 2010 to 2013 and from 2013 to 2016. Later, she joined the International Monetary Fund as Assistant Director of the Financial and Capital Markets Division.
