New Straits Times - - Front Page -

Malaysia is the run­away leader in the “2017 Best Coun­tries to In­vest In” sur­vey by United States-based BAV Con­sult­ing and the Whar­ton School of the Univer­sity of Penn­syl­va­nia.

BAV Con­sult­ing and the Whar­ton School said Malaysia was the clear front-run­ner, hav­ing scored 30 points more than any other na­tion on a 100-point scale.

They asked 21,000 par­tic­i­pants in four re­gions on the in­vest­ment prospects of 80 coun­tries.

Coun­tries are ranked based on eight equally-weighted at­tributes: cor­rup­tion, dy­namism, eco­nomic sta­bil­ity, en­trepreneuri­al­ism, favourable tax en­vi­ron­ment, in­no­va­tion, skilled labour force and tech­no­log­i­cal ex­per­tise.

“(Malaysia) is one of the top re­cip­i­ents of for­eign di­rect in­vest­ment, and its pro-busi­ness gov­ern­ment of­fers a wide range of in­cen­tives to in­vestors,” they said.

Sun­way Univer­sity Busi­ness School eco­nom­ics pro­fes­sor Dr Yeah Kim Leng said the rank­ing is ex­pected to boost in­vestor con­fi­dence in the coun­try.

“Malaysia’s No. 1 rank­ing, ahead of Sin­ga­pore, in the sur­vey will boost in­vestor con­fi­dence in the coun­try’s growth and in­vest­ment prospects,” he told NST Busi­ness yes­ter­day.

The sur­vey in­di­cated that other coun­tries at the top of the list, such as Sin­ga­pore at sec­ond and In­dia at sixth, typ­i­cally have a younger, ed­u­cated pop­u­la­tion.

It said the ma­jor­ity of their ci­ti­zens can pro­vide the type of skilled work that the labour mar­ket de­mands at com­pet­i­tive wages, and con­tinue the cy­cle by con­tribut­ing to the coun­try’s con­sumer mar­ket.

The 2017 Best Coun­tries re­port and rank­ings are based on how global per­cep­tions de­fine coun­tries in terms of a num­ber of qual­i­ta­tive char­ac­ter­is­tics, im­pres­sions that have the po­ten­tial to drive trade, travel and in­vest­ment and di­rectly af­fect na­tional economies.

Each coun­try was scored on each of the 65 coun­try at­tributes based on a col­lec­tion of in­di­vid­ual sur­vey re­sponses.

At­tributes were grouped into nine sub-rank­ings that rolled into the Best Coun­tries rank­ing: ad­ven­ture, cit­i­zen­ship, cul­tural in­flu­ence, en­trepreneur­ship, her­itage, movers, open for busi­ness, power and qual­ity of life. Farah


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