Largest Bank in South East Asia

What is the largest bank in ASEAN in term of total asset? here is top 8 largest bank in the region....

1. DBS Group (Singapore)= $237Billion

2. OCBC (Singapore)= $197Billion

3. UOB (Singapore)= $178Billion

4. Maybank (Malaysia)= $126Billion

5. CIMB (Malaysia)= $90Billion

6. Public Bank (Malaysia)= $76Billion

7. Bangkok Bank (Thailand)= $66Billion

8. Bank Madiri (Indonesia)= $50Billion

Malaysian now has higher spending power than Singaporean

While Singapore may boast a record 14.7 percent economic growth last year, the domestic purchasing power of ordinary Singaporeans has decreased, that it now lags behind the Malaysians, according to an updated version of the authoritative UBS study – “Prices and Earnings”.

In the UBS study, domestic purchasing power is measured by dividing the average annual salary by the total price of a selected basket of goods and services, the higher the figure, the higher one’s purchasing power is.

In the 2009 UBS study, Singaporeans have a low purchasing power of only 39.9 which is only slightly more than Malaysians living in Kuala Lumpur (39.5).

However in the updated study published in August 2010, the order is reversed:

The domestic purchasing power of Singaporeans drop to 38.8, falling behind that of Malaysians (39.3).

Domestic purchasing power is now widely accepted by many economists as a more reliable and accurate economic indicator of prosperity on the ground than GDP which only measures the overall economic output of a nation and disregards the living conditions of its citizens.

The new result is not surprising as rampant inflation has eroded the spending power of Singaporeans while their wages have remained stagnant, caused partly by the relentless influx of cheap foreign workers.

If Malaysians working in Kuala Lumpur have a higher domestic purchasing power than Singaporeans, then Malaysians working in Singapore will surely have much higher disposable income when converted back to Ringgit back home which explains the reluctance of many Malaysian PRs to take up Singapore citizenships, thereby enabling them to enjoy the ‘best of both worlds.’

The shocking findings are not reported by the mainstream media nor the PAP leaders who continue to harp on GDP growth as the sole indicator of their performance to justify their multi-million dollar salaries.

Singapore leaders and diplomats better think twice before taking a jibe at our neighbors for being in a ‘mess’ because of ‘incompetent’ leaders because the Malaysians actually have more spending power than Singaporeans who are supposedly led by the ‘best’ government in the entire universe.

Jamison

The Temasik Review

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Tips to doubled your money through investment

What are the most favorite investment vehicle to doubled your money nowdays? From basic and low risk investment to the most profit and high risk instrumental, we are listing 9 ways to invest your money through various investment vehicle. check it out....

1. Amanah Saham Bumiputera (ASB)
Risk : Very low
Return : 8-10% per annum

This is the most favorite way Bumiputera invest their money. ASB is very low risk instrumental investment. It is passive investment and easy to invest. You can invest a fixed amount of your money every month through salary deduction and with the option to add or reduce the investment amount conveniently. With the maximum allowable investment at RM 200,000 a person, ASB should be your primary investment vehicle until it reach ceiling amount. This is very long term investment with comparatively high return ( average 8-10% per year). Very suitable for early investor and those who are fear losing money by invest in high risk investment vehicle.

2. Website Domains
Risk : Medium risk
Return : 10-5000% (depend on website domain)

If you invest smartly into website domains, you can earn millions over time. However, this area is vastly unexplored by investors, and can yield more than traditional products. You can simply buy a good domain name for RM 10-RM 100 and resell at higher value. Many good domain names are sold for more than RM 5000. One word domain names like insurance.com or ad.com have highest value (in millions), and most of them are already taken. However, if you can come up with creative two-word domain name, you can make a killing.

3. Gold

Risk: Superb low risk
Return : 1%-100% (more longer, higher the return)

This precious metal is a remarkable insurance coverage against inflation. When all your investments like stocks, mutual funds, etc. go down, gold increases in value. One of the reasons why gold isn’t affected by national crisis is it reflects global demand. Any political party or company’s revenue cannot determine its price.

4. Silver

Risk: Low
Return : unknown

According to the US economy, silver will be among the metals that will become extinct by 2020. Apart from investment, silver is used for more than 2,000 purposes, most of them are vital to our economy. As of now, it is more rare than gold. In years to come, it will surpass the value of gold per ounce. Hence, one of the most beneficial investments today.

5.Real Estate Investment Trust (REITs)

Risk : medium
Return : ~7.8 % per annum

Want to buy property or retail lot to collect steady stream of rental income but don't have money? REITs formed by companies that purchase and manage real estate using funds pooled from shareholders. Dividend payout can be generous depending on which REIT's you are buying.
Example of REIT's in Malaysia is Sunway REIT's, the largest REIT's in Malaysia. Sunway asset are located in award winning township that have approved masterplans. As rental income will begin to rise over next few years, REIT's is one of the GEMS in investment.

6. Property Investment

Risk: Low risk
Return : 4-8% per annum (rental), capital appreciation of 2%-3% a year

Properties are relatively stable and predictable in both their rental returns and their market value. Banks are ever willing to lend money to good buyers and for properties in excellent location. On new budget 2011, PM DS Najib announced 100% loans scheme for first time home buyers.


7. Private Unit Trust

Risk : Low to medium
Return : depend on portfolio (bond/equity/etc)
Example : Public Mutual or CIMB Principal/Islamic unit trust

Unit trust is a collective investment scheme that pools the savings of a large number of investors. The money collected is invested by the fund manager in different types of stocks, bonds, or other securities in various proportions depending upon the objective of the fund. The income earned through these investments and the capital appreciation realized by the scheme, after deducting the trading costs and expenses of managing and administering the fund are paid out to the unit holders in proportion to the number of units owned by them.

Most of the unit trust funds in Malaysia are open-ended funds (the fund sells as many units as you and other investors want to buy and buys as many units you want to sell). This makes unit trust funds very liquid investments – though the price at which you sell may be less than your purchase price if the value of the fund has dropped.You can make an initial investment with as little as RM1,000 and buy additional units when you have more money or invest a fixed amount on a regular monthly schedule via a bank account. Thus unit trust is the most suitable investment for the common man as it offers an opportunity to invest in a diversified, professionally managed portfolio.

Each Fund has a defined investment objective and strategy.

8. Exchange Traded Fund (ETF)
Risk: medium
Return: 4-7% per annum

Exchange Traded fund have long been considered a cheap and quick tool to gain access to the market. Traded on the change like a stock, an ETF carries the same brokerage and trading cost as any other equity purchased, and it provide investor with instant diversification by exposing them to a basket of securities through a single trade. Very suitable for young investor which has limited fund since they can diversified and manage their investment through ETF. Compared with unit trust, it is cost efficient and allow flexible trading in stock exchange. Recently, CIMB has launched two ETFs, the CIMB FTSE Asean 40 Malaysia and the CIMB FTSE Xinhua China 25 to the local market which gives local inventor access to the 40 stocks in the Asean region and Top 25 Chinese stocks listed in the Hong Kong Exchanged

9. Investing in blue chip stock in Stock Exhange.

Risk: Very high risk
Return : Very high return

If you had invested RM 1000 in Genting in 1987, it would amount to about RM 35000 now.

According to investopedia, stock generally does not have voting rights, but has a higher claim on assets and earnings than the common shares. Also known as "shares" or "equity".

Many investors purchase a particular stock with the intention of making a big profit over a short period of time. However, this action is not investing, but a pure gambling. The reason for this is that you are never guaranteed that you will get the high returns you hope for over such a short period of time.

There may be times in which stocks have put a record on short-term growth, but these occurrences are very rare. On average stocks have returned from 10% to 12%. However, this doesn't mean that all stocks return at these rates.

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