Tengku Zafrul: Delay in border reopening key factor affecting Malaysia’s competitiveness ranking

KUALA LUMPUR, March 28 ― The delay in reopening international borders is the main factor for the decline in Malaysia’s overall ranking in the 2022 International Institute...

KUALA LUMPUR, March 28 ― 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 , according to Datuk Seri Tengku Zafrul Abdul Aziz.

“Due to the delay in comparison with other countries, Malaysia’s ranking dropped in the IMD WCR,” he said during the Dewan Rakyat sitting here. He said the International Trade and Industry Ministry is finetuning a business facilitation proposal to assist local and foreign companies interested in investing in Malaysia.

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