Malaysia rises 8 spots to 15th in global competitiveness index

Malaysia has climbed eight spots to rank 15th in the latest global competitiveness index. The improvement is largely attributed to gains in government and business efficiency, despite lagging infrastructure scores.
Why it matters
Improved competitiveness rankings can influence foreign direct investment and signal economic stability to global markets.
Malaysia ranked second-highest in Southeast Asia after Singapore, which topped the overall rankings.
The report relies on objective data from the IMD World Competitiveness Ranking.
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