KUALA LUMPUR: Malaysia has edged up two places to 23rd out of more than 130 countries in the World Economic Forum’s latest Global Competitiveness Report on the back of improved scores of macro and micro economic aspects. International Trade and Industry Minister Datuk Seri Mustapa Mohamed welcomed the improvement, saying it affirms the strength of the macroeconomic fundamentals. Plus our exports are doing well and we continue to receive healthy flows of foreign direct investments”, he said, in his remarks. According to the report, Malaysia performed most strongly in financial market development (16th) and made the most improvement in health and primary education pillar, advancing 14 positions to 30th. In terms of scores, Malaysia moved up a notch to 5.17 from 5.16 last year.

Source: New Strait Times September 26, 2017 22:07 UTC