The drop from the 27th position in 2023 was largely due to the decline in business and government efficiency.
PETALING JAYA: Malaysia’s 34th position in the 2024 World Competitiveness Ranking marks its poorest performance in years, as neighbouring Singapore regained its first rank while Thailand and Indonesia overtook Malaysia.
The drop from the 27th position in 2023 was largely due to the decline in business and government efficiency.
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