KUALA LUMPUR: Malaysia remains in top 25, out of 190 countries, in the latest World Bank’s ease of doing business ranking. The country ranked 23rd, down a notch from last year, in the World Bank’s “Doing Business 2017” report. The World Bank noted that Malaysia had attained a perfect score on the depth of credit information index. “These (the credit score and online tax) make Malaysia more competitive in terms of business environment,” said World Bank Group Malaysia country manager Faris Hadad-Zervos yesterday. Malaysia is the third best economy in the world in terms of protecting minority investors.

Source: New Strait Times October 27, 2016 03:02 UTC