New Straits Times : Malaysia climbs 5 spots to 27th competitiveness ranking
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- Last Updated: Friday, 23 June 2023 18:08
21.6.2023 : KUALA LUMPUR : Malaysia has climbed five spots to 27th place in the International Institute for Management Development's (IMD) World Competitiveness Ranking 2023 (WCR 2023). IMD has partnered with the Malaysia Productivity Corporation to assess the country's performance. Malaysia's ranking improvement was mainly due to, among others, its economic recovery, investment growth and the robust employment market, reported Xinhua.
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