KUALA LUMPUR: 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 (IMD) World Competitiveness Ranking (WCR), according to Tengku Datuk Seri Zafrul Abdul Aziz.
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.
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