Ipoh
Ipoh grew out from the Malay village of Paloh along the banks of the Kinta River in the 1880s. Its geographic location in the rich tin-bearing valley of the Kinta River made it a natural centre of growth.
The early history Ipoh as a settlement was due to its mining industry although it was playing second fiddle to Gopeng, some 19 km / 12 miles to the south. Ipoh was once, one of the richest cities in Malaysia as well as South East Asia back in the days when tin was king. During the 1980s when tin prices collapsed, the economy of Ipoh was hit particularly hard. However, recently the city gain some momentum. By 2017, the city will open the first Movie Animation Theme Park (MAPS), which is the first ever in South East Asia. Tourism is booming in the city, and many shops in old town Ipoh is being transform into chic café. The city of Ipoh also host some big multi national corporations. Kuala Lumpur Kepong (KLK) Berhad, a palm oil company, which is also among the top 15 biggest companies in Malaysia (By revenue) has its headquarters in Ipoh. Batu Kawan Berhad (Which is the biggest shareholder of KLK), an investment company also has its headquarters in Malaysia. Hovid Berhad, a pharmaceutical company, which is also the first Malaysian companies to introduce generic drugs overseas also has its headquarters in Ipoh. Ipoh also is well known for its white coffee. Old Town Berhad, which is a food & beverage public listed company, specializing in white coffee has its headquarters in Ipoh. There are a few other public listed companies in Ipoh such as Perak Transit Berhad, Tasek Cement Berhad, DKLS Industries Berhad, Wellcall Holding Berhad, Rubberex Berhad, Perak Corp, etc. Ipoh also host some foreign multi national companies Malaysian headquarters. Some of the foreign MNC's in Ipoh is, Finisar, Voith, ITL Asia pacific, Sagami Manufacturers, etc.
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