TOP 10 Richest State in Malaysia

1. Kuala Lumpur
GDP= RM 73,536 million
GDP per capita= RM 48,556

2. Sarawak
GDP= RM 49,484 million
GDP per capita= RM 35,041

3. Penang
GDP= RM 46,744 million
GDP per capita= RM 32,724

4. Selangor
GDP= RM116,883 million
GDP per capita= RM 28,323

5. N sembilan
GDP= RM 19,353 million
GDP per capita= RM 26,722

6. WP Labuan
GDP= RM 2,272 million
GDP per capita= RM 25,320

7. Melaka
GDP= RM 14,385 million
GDP per capita= RM 24,273

8. Pahang
GDP= RM 24,217 million
GDP per capita= RM 21,679

9. Johor
GDP= RM 50,040 million
GDP per capita= RM 19,739

10. Terengganu
GDP= RM 14,715 million
GDP per capita= RM 19,167

* The ranking is based on the GDP per capita each state in Malaysia release by latest figure from Department Statistic of Malaysia ( 2008)

*GDP= Gross Domestic Product also known as Gross National Income is a measure of a country's overall economic output

*GDP per capita= An approximation of the value of goods produce per person in the country/state, equal to country/state's GDP divided by the total number of people in the country/state

Maybank VS CIMB GROUP

Malayan Banking (Maybank)

Malayan Banking Berhad (Maybank) is engaged in the business of banking and finance. The Company's subsidiaries are principally engaged in the businesses of banking and finance, Islamic banking, investment banking, including stock broking, general and life insurance, general and family takaful, trustee and nominee services, asset management and venture capital. The Company operates in four segments: Banking, Investment Banking, Insurance and Takaful, and Others. It has operations in Indonesia, Pakistan and Vietnam, and also has presence in Singapore, the Philippines, Brunei Darussalam, Cambodia, Papua New Guinea, Hong Kong SAR, Republic of China, Bahrain, Uzbekistan, the United Kingdom and the United States. During the fiscal year ended June 30, 2009, (fiscal 2009), the Bank completed the acquisitions of Bank Internasional Indonesia (BII), MCB Bank Limited (MCB Bank) of Pakistan and An Binh Commercial Joint Stock Bank (ABBank), Pakistan and Vietnam respectively

hmm..here are some of the list of Maybank

- Singapore: Maybank Singapore, (largest foreign bank in Singapore),
- Brunei: Maybank Negara Brunei
- Indonesia: WOM Finance and parent PT Bank Internasional Indonesia (BIL), 8th largest bank
- Pakistan: MCB Bank
- Vietnam: Maybank Vietnam; and An Binh Bank (AB Bank)
- Philippines: Maybank Philippines (Republic Savings Bank)
- Cambodia: Maybank Cambodia
- Papua New Guinea: Maybank PNG
-Kim Eng (biggest stockbroker in Thailand, second in Philippines, third in Indonesia, and fourth biggest in Singapore)

Maybank made record profits of RM 3.82 billion in its latest financial year (FYE Jun 10).What a contrast from a year ago, when the country biggest bank had to make huge provisioning on its pricey acquisitions, the most controversial being the purchase of Bank Internasional Indonesia (BII).

Hmm..now we can look the Indonesian operations is now seen as the Maybank's next growth story. Congratulations Maybank :P



CIMB

Same in operations but different in strategy, CIMB come no 2 largest bank in Malaysia behind Maybank. However, CIMB look more stable in profits growth and its show in last financial report where latest net profits RM 3.05b (FYE 09/10) compare to RM 2.01b (FYE 08/09) before. here some of the CIMB operations around the world.

- Singapore: CIMB Bank Singapore and CIMB-GK (G.K. Goh)
- Indonesia: CIMB Niaga (Bank Niaga and Bank Lippo), 6th largest bank
- Thailand: CIMB Thai (Bank Thai PCL)
- Brunei: CIMB Brunei
- China: Bank of Yingkou (20%)

p/s: as 25 JAN 2011,
*Maybank market capitalisation = RM 64.50 billion
*CIMB market capitalisation = RM 62.65 billion

TOP 10 Malaysia company most biggest net profit

1. Malayan Banking*
RM 3.97 Billion

2. CIMB Group
RM 3.05 Billion

3. Public Bank
RM 2.55 Billion

4. IOI Corp*
RM 2.06 Billion

5. Genting
RM 1.78 Billion

6. AXIATA Group
RM 1.75 Billion

7. YTL Corp*
RM 1.64 Billion

8. PPB Group
RM 1.63 Billion

9. Maxis
RM 1.58 Billion

10. Genting Malaysia (Resort World)
RM 1.32 Billion

*unaudited results
all figure above are from FYE reported before July 2010

TOP 10 Malaysia company most biggest revenue

1. SIME DARBY*
RM 33.8 Billion

2. TENAGA NASIONAL
RM 29.1 Billion

3. PETRONAS DAGANGAN
RM 20.8 Billion

4. MALAYAN BANKING*
RM 17.0 Billion

5. YTL CORP*
RM 16.7 Billion

6. CIMB GROUP
RM 15.1 Billion

7. MISC
RM 13.9 Billion

8. YTL POWER INTERNATIONAL*
RM 13.6 Billion

9. AXIATA GROUP
RM 13.1 Billion

10. IOI Corp*
RM 12.5 Billion

all figure above is latest FYE before JULY 2010
* unaudited results

Ringgit Insider

ringgit insider is a newbie in blogger. with 3 contributors who hope can share knowledge about economy, finance, financial planning or anything under ''ringgit''.