Malaysia ranks 20th in Global Competitiveness Report 2014-2015
Bernama | Updated: September 03, 2014
Last year, the country was ranked at 24th position out of 148 countries. - File pic
KUALA LUMPUR : Malaysia's ranking in the Global Competitiveness Report 2014-2015 has improved to 20th position out of 144 economies, ahead of developed economies such as Austria, Australia, France and South Korea.
Last year, the country was ranked at 24th position out of 148 countries.
Malaysia Productivity Corp director-general, Datuk Mohd Razali Hussain, said despite this being Malaysia's best position so far, the government would continue intensify efforts in the pillars of macroeconomic environment, labour market efficiency and technological readiness.
"Macroeconomic environment recorded a drop of six places to 44th position from 38th last year. Our area of concern is the government budget balance and general government debt.
"On technological readiness, Malaysia declined nine places to 60th position from 51st previously," he told a press conference after unveiling the country's ranking yesterday.
Mohd Razali said MPC would like to propose the establishment of a task force to improve technological readiness in the country.
Among the initiatives needed to be intensified included mobile broadband subscriptions per 100 population, international Internet bandwidth and fixed broadband Internet subscriptions per 100 population.
On the labour market efficiency pillar, which improved to 19th position from 25th last year, Mohd Razali said the government would continue intensify initiatives to encourage the participation of women in the labour force.
In 2013, out of the whole female population in the country, 52.4 per cent were currently working.
"We will hold discussions with various ministries and agencies to improve Malaysia's position in the three pillars, as well as, hold more engagements with the business community," he said.
Meanwhile, Mohd Razali also proposed to set up a state-level competitiveness report within the next three to four years.
"From the ranking, it will motivate us to do better in areas that we are not good at," he added.
The Global Competitiveness Report, which is based on the Global Competitiveness Index, was introduced by the World Economic Forum in 2004.
Read more at: http://english.astroawani.com/news/show/malaysia-ranks-20th-in-global-competitiveness-report-2014-2015-43134?cp
Subscribe to:
Post Comments (Atom)
Popular Posts
-
Polis Bukit Kepong wira sebenar Oleh Shamsul Kamal Amarudin http://www.bharian.com.my/bharian/articles/PolisBukitKepongwirasebenar/Article 2...
-
KENYATAAN MEDIA PERSATUAN KETURUNAN MEGAT TERAWIS MALAYSIA Dan PERSATUAN KELUARGA JAMALULLAIL PERAK Mewakili Waris dan Kerabat D...
-
1. 36 Ahli Parlimen UMNO akan keluar parti - apa yang baru? Tiada yang baru. Beberapa bulan lepas pelbagai khabar angin bertiup menamakan Hi...
-
Dipetik dari Malaysian Insider Armed for cyberwar, Umno Youth wants ammo from Putrajaya The Malaysian Insider  By Shannon Teoh KUALA LUMPUR...
-
1. Keputusan DYMM Seri Paduka Baginda YDP Agong memperkenankan perlantikan Tommy Thomas amat membimbangkan orang Melayu dan umat Islam neg...
-
Mahasiswa IPT tempatan sudah sekian lama berasa hati kerana seolah-olah dipinggirkan dalam Perhimpunan Agung UMNO. Saban tahun, mahasiswa...
-
Nampaknya rugi saja belanja mahal untuk Ikrar Brotherhood. Lagi mahal daripada belanja majlis harijadi. Itupun belum termasuk duit r...
-
Tiada pembelaan untuk blogger dan cybertrooper akibatkan serangan ini dihalakan kepada Perdana Menteri ? Sehingga hari ini tidak ad...
-
Duit minyak: yang penting rakyat dapat. yang tak dapat dan kecoh ni mungkin orang yang nak menyamun? Ini Jawapan Isu Royalti ...
-
Dari 4 Tingkat Kerinchi. Mengapa budak kena gantung sekolah dan budak Mat Gay sebok di Kerinchi. Gambar2 Mat Gay. http://aboudiabyd...
No comments:
Post a Comment