Malaysia ranks 12th in World Bank Doing Business 2020 report

FILE PHOTO: A participant stands near a logo of World Bank at the International Monetary Fund World Bank Annual Meeting 2018 in Nusa Dua

KUALA LUMPUR: The World Bank Doing Business 2020 Report has ranked Malaysia in 12th position amongst 190 economies worldwide, a further improvement from the 15th spot the previous year, says the International Trade and Industry Ministry.

Minister Datuk Darell Leiking said the improved ranking was due to the public and private sector members’ collaboration and commitment within the technical working groups under the Special Task Force to Facilitate Business (PEMUDAH) to improve the ease-of-doing-business environment.