The Dewan Rakyat was told that the delay in reopening international borders is the main factor for the decline in Malaysia’s overall ranking in the 2022 International Institute for Management Development World Competitiveness Ranking. Read more at
The International Trade and Industry Minister said the downward ranking trend is clearly seen among countries that were slow in reopening their international borders due to the COVID-19 pandemic.
The minister was replying to a supplementary question from Datuk Ku Abd Rahman Ku Ismail who asked the reasons that Malaysia fell seven rungs from 25th spot to 32nd place in 2021. Meanwhile, Tengku Zafrul said that in an effort to create an investment ecosystem that is more sustainable in the country, Miti and its agencies have implemented various strategies to attract more high-quality investments to Malaysia.
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