Push away the dark clouds

Quick Summary:

What is concerning for Malaysia is the cause of its seven-notch drop in the World Competitiveness Ranking 2024 was largely due to the decline in business and government efficiency.

The sub-factors of business legislation fell five places to 50th, societal framework fell three places to 42nd and public finance dropped two spots to 35th.

Malaysia must ensure that it remains relevant to not only foreign investors but also domestic ones to drive growth.

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Article Details

Author / Journalist: JAGDEV SINGH SIDHU

Category: EconomyBusiness

Markets: MalaysiaIndonesiaSingaporeThailand

Topics: Foreign direct investment Mida. foreign labour World Competitiveness Ranking Business efficiency Management practices Star Biz7 Government efficiency /Business/Business News Business climate

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-25 @ 07:00:00 (5 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 694 words

Reading Time: 4 minutes read

Sentences: 37 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 21378666

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1 days ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

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