{"id":750211,"date":"2026-06-21T05:33:16","date_gmt":"2026-06-21T05:33:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/750211\/"},"modified":"2026-06-21T05:33:16","modified_gmt":"2026-06-21T05:33:16","slug":"malaysia-jumps-8-places-in-global-economic-competitiveness-ranking","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/750211\/","title":{"rendered":"Malaysia jumps 8 places in global economic competitiveness ranking"},"content":{"rendered":"<p class=\"Normal\">The the International Institute for Management Development, which released the ranking on Thursday, said improvements across all four competitiveness pillars contributed to Malaysia&#8217;s stronger standing.<\/p>\n<p class=\"Normal\">The country ranked fourth globally in economic performance, while government efficiency rose 11 places to 14th, business efficiency advanced 16 places to 16th and infrastructure improved two places to 33rd.<\/p>\n<p class=\"Normal\">Among the sub-factors, Malaysia&#8217;s domestic economy ranking climbed four places to 11th, while international trade moved up one place to fifth. International investment recorded a notable improvement, rising seven places to 19th.<\/p>\n<p><img decoding=\"async\" alt=\"People walk outside the Petronas Towers in Kuala Lumpur, Malaysia. Photo by Reuters\" data-natural-h=\"439\" data-natural-width=\"680\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/06\/image-1774747597281-1774747592-4782-4985-1781933187.webp\" class=\"vne_lazy_image\" data-original=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/06\/image-1774747597281-1774747592-4782-4985-1781933187.webp\" data-original-2x=\"https:\/\/vcdn1-english.vnecdn.net\/2026\/06\/20\/image-1774747597281-1774747592-4782-4985-1781933187.webp?w=680&amp;h=0&amp;q=100&amp;dpr=2&amp;fit=crop&amp;s=tL_mW6gfmPulWTrG4PbojQ\" data-original-video=\"\" data-vertical=\"https:\/\/vcdn1-english.vnecdn.net\/2026\/06\/20\/image-1774747597281-1774747592-4782-4985-1781933187.webp?w=680&amp;h=0&amp;q=100&amp;dpr=2&amp;fit=crop&amp;s=tL_mW6gfmPulWTrG4PbojQ\" data-horizontal=\"https:\/\/vcdn1-english.vnecdn.net\/2026\/06\/20\/image-1774747597281-1774747592-4782-4985-1781933187.webp?w=680&amp;h=0&amp;q=100&amp;dpr=2&amp;fit=crop&amp;s=tL_mW6gfmPulWTrG4PbojQ\"\/><\/p>\n<p class=\"Image\">People walk outside the Petronas Towers in Kuala Lumpur, Malaysia. Photo by Reuters<\/p>\n<p class=\"Normal\"><a href=\"https:\/\/e.vnexpress.net\/news\/business\/economy\/singapore-is-world-s-most-competitive-economy-5087344.html\" rel=\"dofollow noopener\" target=\"_blank\">The IMD ranking<\/a> assesses 70 economies based on four key pillars: economic performance, government efficiency, business efficiency and infrastructure.<\/p>\n<p class=\"Normal\">Malaysia has steadily improved its standing in recent years. It climbed 11 places to 23rd among 69 economies in last year&#8217;s ranking, up from 34th out of 67 economies in 2024.<\/p>\n<p class=\"Normal\">Economists said the country&#8217;s higher ranking reflects a stronger economic foundation, underpinned by robust trade competitiveness, improved public and business sector performance, and expanding opportunities in the technology sector.<\/p>\n<p class=\"Normal\">Stephen Innes, managing partner of SPI Asset Management, said Malaysia&#8217;s significant rise in competitiveness represents more than a short-term recovery.<\/p>\n<p class=\"Normal\">He identified the rapid growth of artificial intelligence and the <a href=\"https:\/\/e.vnexpress.net\/news\/business\/companies\/over-1-000-form-2km-queue-for-860-a-month-jobs-in-malaysia-5086288.html\" rel=\"dofollow noopener\" target=\"_blank\">semiconductor industry<\/a> as key drivers, noting that Malaysia is well positioned across the electrical and electronics supply chain and has attracted investment in advanced packaging and data centers, making it a natural beneficiary of global supply chain diversification.<\/p>\n","protected":false},"excerpt":{"rendered":"The the International Institute for Management Development, which released the ranking on Thursday, said improvements across all four&hellip;\n","protected":false},"author":2,"featured_media":750212,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164,360205],"class_list":["post-750211","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy","tag-malaysia-jumps-8-places-in-global-economic-competitiveness-ranking-vnexpress-international"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/750211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=750211"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/750211\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/750212"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=750211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=750211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=750211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}