Our macroeconomics are of concern although we rank well in global competitiveness

Workforce: The nation's economic environment needs labour market competitiveness and technological readiness. - filepic

MALAYSIA’S ranking in the Global Competitiveness Report 2014-2015 has improved by four places to 20th position out of 144 economies. The Report, published by the World Economic Forum Last year, the country was ranked at 24th position our highest ranking ever. Now Malaysia is ranked ahead of developed economies such as Austria, Australia, France and South Korea.

Accordingly to Malaysia Productivity Corp, the government would continue to intensify its efforts in macroeconomic environment, labour market efficiency and technological readiness.