Ignorant cunt

so are u willing to work as 3D worker with 800 a month ?

first we must realise that the market in malaysia is smaller, and hence likewise our local cars can just sell that many and is unsustainable. and likewise even the problems that plague japan, do plague us and moreso because of our smaller size.

while i dont agree with all you have to say, msians definitely has to venture overseas into the international scene because our local market is exactly like what you said, too small. but msians i notice dont do it, often not we can observe this time after time, each time a company or a product becomes a bit big, it goes into autopilot, arrogance seeps in, theres no innovation - nothing. this is further a problem because "big" is in definition = comfortable life for the owner. 

its too small for any market, you can build a successful company here, but the grand scale of things, being just a local player (most of our companies) makes it hard for the country to grow larger, all of the "omfg, x country is better than msia" are all big international players.

it also means that if another country build itself up to be a global player, we would be behind them, and then people start bitching about how we once was better. or that job options are lesser (no foreign office), company revenue lesser, ROI to shareholders would be smaller.

with such a small size, we are unable to build large domestic behemoths like walmart.

but my point was less on its size, more its mentality, I've seen it soo often where msian do business up to x age or y quality of life then just stop. how to build big businesses if majority of the folks who had this opportunity just goes "life is good bro, lets chill out"

doing that everyday. Problem  ?

none of the msian companies are in S&P 50 Asia - none ;even our best and most cherished petronas is not in the top 10 oil companies in the world. In almost every top 10, top big company list of almost everything that is in Asia (not the world yet) msian companies appear rarely and sparsely.

to put it even further on success, those companies you mentioned are successes in just the domestic scene, of which milo is not msian nor is dutch lady. none of the above companies made any dents internationally, just local domestic markets, of which even the golden goose of Public Bank is dwarfed by the sheer might of singaporean banks,

success comparative to the small pond they live in, yes they are, the big sea, those names you mentioned are no where near successful, they are not even medium sized fishes.

its not kowtow to foreign investors, its the reality of what it is, we are just not good enough and if we dont expand outwards, we will never be.

I'm not, you just dont follow the tain of thought, IF the local scene is big enough, then companies like Mydin will appear in the international scene as a big fish, like how some china companies do. but it doesnt, with the local scene only, it cannot generate enough funds or sales to be an international player, hence not big enough.

All banks serve international companies.

so you dont think I'm shifting the goalposts,  I'm trying to point out is, our local scene is too small to create large international big guns like some other places (US/CHINA).

Ps: dutchlady is by fieslandcampina

Duch Lady

all of our local companies didnt turn up overnight most of the ones you mentioned have been around for a few decades, likewise MISC and Resorts world are not as big as the big players, they are big in malaysia, but not the world.

which i think you keep going on about big, is in the context of msia, hence why you keep putting up companies that are just big domestically, the initial point was, our companies are ONLY big here and thereafter not competitive in the global scene, which you may have missed.

I'm not sure why you are even bringing production in, a domestic player is one that sells to the domestic market, they can put production anywhere in the world but as long as majority of sales are generated in their homeland, its a domestic player.

All establishments started off servicing local markets, but from there they need to expand and venture into international markets, public bank has yet to do this well.

and dutchlady started off under the Friesland umbrella then during the merger, became under FrieslandCampina. it was never a local brand, you might argue that it is due to technicalities of share ownership, but that is quite thin.

Duch Lady

like i have mentioned very much before, in the local scene they are big i agree, just not that big in the international scene. but for some odd reason you keep ignoring it.

exactly my point, only a select few countries can have a big enough local market, and most of the big guns are international players. so by just focusing on the local scene, our companies wont be big enough. the point i was making which you some how another missed (considering my whole post was about it and I've repeated it time and time again) , was that

"local companies focusing on local market cannot grow large enough to fight with international big boys, if we want to fight with them we have to be an international player like they are as our local scene is too small."

nope, you got that mixed again, its in the second page
Same link

i dont really know what you are going on about really, the point as i have been trying to make time and time again, is the msian market by itself wont make our companies big.

some big companies are big because they are a group of companies, some not , some sell to mainly a domestic market, orders an international one. but the crux of the matter is, we dont have the market to create a big company selling to the domestic market, like walmart, a huge local market behemoth that doesnt have much presence outside of usa.

comparatively MISC has RM10b in revenue (its also a group of companies with various interests), one of the biggest shipping companies is x5 that amount and in usd. i mean i cant say MISC is a big company against one that is 5 times larger, i dont really know how to go about it.

erm its even in your link bro
I'm not even sure how to go about this, foreigner brought dutch baby brand into msia, setup a local production facility, listed it in msia. then holds control under a parent company, changes the name from dutch baby to dutch lady, I'm not sure how to call it msian.

Walmart has a revenue of nearly half a trillion usd, my rationale is if mydin or parson can create even 1/5th of walmarts revenue, hell they are large companies and the local market is defo big enough for them to challenge global players  but a lot of our local companies cant even hit 10%.

I've already mentioned time and time again, our companies are only big locally, but internationally they are very very very very small. I'm really not sure where you are going from here, I've pretty much agreed with you that they are big domestically.

i mean what you want me to say, ignore these big sharks and claim our companies are big?? that doesnt make sense, if its big, its big, whats wrong about saying they are big and we are small?

Malaysian population 30 million. US population 300++ million..
if malaysian develop own apps it need at least 10 years become popular compare at US it need 3-5 years become worldwide....

because when walmart ever comes in, then folks like mydin who are too small to fight start asking for protek protek. also because we dont have a lot of such companies, even if we dont swap things to usd, how many RM50b companies are there?

Usa has a population of about 300mil, we have about 30m, usa is 10 times our size. but is walmart 10 times bigger than mydin? nope, its more than a 100 times (mydin recorded revenues of only RM 2-3b). so using the same argument, walmart generates a lot more.

I'm not really sure why you are soo defiant over it, it just shows how we stand in the global scale, we are small, we have a lot of companies who sell to the local market that are smaller than 10b, thats the reality of it, thats our market.

we can agree to disagree if you want to, not that it matters to me, but i just thought it strange least for the first time in /k/ someone actually argued for msian companies.

walmart is more than 100 times bigger, yup you are correct, i daresay the same of tesla and 08 lehman brothers.

i wont go on coz got dinner to attend to, but just a food for thought:-

walmart is bigger than our entire GDP in 14,
Samsung is about par.
only 6 companies that hit the 50b club would be almost equal to our entire nations GDP.

without the Foreign Workers, Mydin sales will drop at least 30%. I assume you frequent Mydin to notice that.