30 Sep '15, 3am

Congratulations in order for Malaysia moving up two spots in global competitiveness ranking but commiserations...

Congratulations are in order for Malaysia moving up two spots in terms of global competitiveness, ranking 18th from last year’s 20th position in the Global Competitiveness Report 2015-2016 released by World Economic Forum (WEF). Malaysia is now ranked ahead of Belgium (ranked No. 19 ) and Luxembourg (No. 20). Malaysia was ranked No. 20 last year with a score of 5.16, behind Belgium (ranked No. l8 with score of 5.18) and Luxembourg (ranked No. 19 with score of 5.17). There is a confusion however as according to the World Economic Forum (WEF) Global Competitiveness Report 2015-2016, although Malaysia is placed No. 18, it shares the same score of 5.2 with Belgium and Luxembourg both of whom also scored 5.2. Be that as it may, congratulations should not be begrudged Malaysia’s ranking, although commiserations are also in order for Malaysia’s “perfect storm” of a crisis of conf...

Full article: http://blog.limkitsiang.com/2015/09/30/congratulations-in...

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