: Malaysia is capitalising on the permanent reorientation of the global supply chain following the US-China trade war by upping competitiveness to attract new high-quality investments, especially those concerning Industry 4.0, said Finance Minister Lim Guan Eng.
He said at present, Malaysia is already among the top countries benefiting from business relocation as well as trade and investment diversion arising from the US-China trade war. Lim said Malaysia has already been acknowledged as the 22nd most competitive country out of 63 economies in the world in 2019 by the International Institute for Management Development while the World Bank ranked Malaysia as the 15th easiest place to do business out of 190 countries.On Malaysia-UK trade relations, he said despite the deep ties between the two countries, he believes more can be done via trade and investment channels to raise the prosperity of their peoples.
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