KUALA LUMPUR, May 31 2016 : Malaysia maintained its top 20 position among 61 global economies in the World Competitiveness Yearbook (WCY) 2016 published by the World Competitiveness Centre of the Institute for Management Development in Lausanne, Switzerland.
However, the country fell five spots to 19th from 14th last year, due to the fall in commodity prices, a strong dollar and the deterioration of balance sheet in both the private and public sectors, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed in a statement.
The rankings were assessed for 61 countries this year as compared to 60 last year. The top 20 countries were:
RANKING SCORE
1) Hong Kong (100.00)
2) Switzerland (98.02)
3) USA (97.88)
4) Singapore (97.65)
5) Sweden (92.35)
6) Denmark (91.76)
7) Ireland (91.54)
8) Netherlands (91.32)
9) Norway (90.05)
10)Canada (90.05)
11)Luxembourg (90.02)
12)Germany (88.57)
13)Qatar (86.72)
14)Taiwan (86.37)
15)UAE (86.07)
16)New Zealand (85.61)
17)Australia (84.27)
18)United Kingdom (83.34)
19)Malaysia (83.05)
20)Finland (82.04)
Read more HERE
Obviously you haven't seen the TIMSS or PISA results. Competitiveness is just one measure of the economy...and we've actually dropped a fair bit over the last ten years.
ReplyDeleteAny comment from those traitors who keep harping on Malaysia as a failed State ?
ReplyDeleteMay Allah SWT save their souls......
Nenek Kampung
Who publishes this 'Year book"? Do we have to pay to be in it? Given the wanton corruption in our institutions and public service and now terrorist attack in Malaysia, we are probably 91 -- certainly not 19!
ReplyDeleteTalk about 1MDB and DOJ investigations on 1MDB, and kleptocracy lah Puan. Dont try to run away from the mainstream FBI Kleptocracy investigations on our sovereign 1MDB.
ReplyDeletePlease what is your take on 'Malaysian official 1', emmm who can that be? Don't tell me Anwar Ibrahim or Jewish Conspiracy.
Hello, Saracen,
ReplyDeleteWhat's your problem?