Dropping seven places to 34th out of 67 countries, Malaysia now grapples with the harsh reality of its diminishing competitiveness as it falls behind regional neighbours Indonesia and Thailand for…
Subscribe to our FREE Newsletter, or Telegram and WhatsApp channels for the latest stories and updates.
The report, a damning indictment of Malaysia’s faltering competitiveness, reveals a nation struggling to keep pace with its regional rivals. The city-state’s meteoric rise, climbing four places from the previous year and topping the index for the first time since 2020, further widening the gulf between the two nations.And next to us, Singapore is the world’s most competitive economy, climbing four places to surpass Switzerland https://t.co/E1esUL9OhH
Malaysia’s domestic economy, once a source of pride, has plummeted 19 spots to a dismal 35th, while productivity and efficiency have taken a nosedive, plunging 17 spots to a woeful 53rd. The stakes could not be higher, for Malaysia’s future hangs in the balance in a world where nations rise and fall on the strength of their economic might.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tabung Haji Jadi Contoh Buat Thailand Untuk Wujudkan Simpanan Bagi Bakal JemaahMenurut Ketua Delegasi Haji Thailand, kuota 13,000 haji Thailand tidak penuh disebabkan oleh faktor ekonomi.
Read more »
Indonesia & Thailand Overtake Malaysia in World Competitiveness Ranking for 1st Time as We Drop to 34thThe International Institute for Management Development (IMD) has released its latest edition of the World Competitiveness Ranking which made for bad reading
Read more »
Malaysia falls to 34th in IMD World Competitiveness Ranking, now below Thailand and IndonesiaKUALA LUMPUR, June 18 — Malaysia is now 34th out of 67 countries in the latest International Institute for Management Development (IMD) World Competitiveness Ranking, after...
Read more »
Indonesia now seeks Thailand's assistance in capturing dreaded drug lord Fredy PratamaKOTA KINABALU: Eastern Sabah Security Command (Esscom) Land Operations Division chief-of-staff, Senior Assistant Comm (SAC) Datuk Chandrasehkaran Muthu, cremated following the Hindu rites at the Fook Lu Siew funeral parlour here on Monday (June 3).
Read more »
Hong Kong ranks fifth in world’s most competitive economies, Singapore jumps to top spotHuawei Technologies Co is considering taking a cut of in-app purchases on its Harmony mobile operating system, underscoring its growing confidence in competing with Apple Inc in the world’s largest smartphone arena.
Read more »
Corporate innovation crucial for companies to remain competitive, relevant: SC chairmanPETALING JAYA: Establishing a strong foundation is crucial for the success of corporate innovation programmes and for fostering sustained engagement w...
Read more »