Tengku Zafrul: Last year’s weak ringgit main reason for Malaysia’s slide in world competitiveness, but ranking to improve as currency stronger now
“The 2023 report was based on the information from 2022 and it cannot be denied that there has indeed been an improvement for the quarter of the year 2024 compared to 2023. The prime minister added that the government was not shying away from the issue, and that he has instructed that remedial steps be taken urgently.Malaysia dropped to 34th place out of 67 countries in the 2024 WCR, falling seven spots from its 27th position last year.
Global Competitiveness Ladder International Institute For Management Development World Competitiveness Ranking
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