Media Statement
By
Dato’ Seri Mustapa Mohamed
Minister of International Trade and Industry
Malaysia makes gains in the latest World Competitiveness Yearbook 2014
by the Institute for Management Development (IMD)
The Institute for Management Development (IMD), World Competitiveness Centre, Lausanne, Switzerland in its latest report World Competitiveness Yearbook 2014 ranked Malaysia at 12th position among 60 economies. This was an improvement as Malaysia was ranked 15th in 2013. This means that Malaysia remains among the top 15 most competitive nations that include USA, Switzerland, Singapore, Hong Kong, Sweden, Germany, Canada, UAE, Denmark, Norway, Luxembourg, Malaysia, Taiwan, Netherlands and Ireland. This is our best performance in the last 4 years (2011, 16th)
Malaysia continues to be ahead of United Kingdom (16th), Australia (17th), Finland (18th), New Zealand (20th), Japan (21st) and Korea (26th). A summary of Malaysia’s achievements are listed as follows:
In the...
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