Booklet WCY 29 Mei 2013 1 - MPC

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INDUSTRIES’ PERSPECTIVES YBhg. Dato’ Saw Choo Boon Board Member, Shell Malaysia & Chairman, PEMUDAH Focus Group on Public Relations Whilst it is disappointing that we have essentially maintained our ranking, this is no mean feat due to the intense competition between countries to improve their competitiveness. Initiatives to improve competitiveness take time to implement. There are many being implemented and we should expect continual improvement going forward. The good news is that we did do extremely well in two criteria; improved Economic Performance ranking from 10 th to 7 th and improved Business Efficiency ranking to 4 th . For further improvement, areas requiring attention are international investment, free trade agreements (FTAs), and productivity and efficiency especially when we have just introduced minimum wage and extended the retirement age. The two criteria requiring significant improvements are Government Efficiency (Rank 15 th ) and particularly Infrastructure (Rank 25 th ). The work on economic transformation by PEMANDU and facilitating business by PEMUDAH needs to be given more impetus, particularly in improving business legislation (ease of doing business, labour regulations) and the societal framework (judiciary, personal security). Good infrastructure is essential to the country’s move up in the value chain and transiting from an efficiency-driven to an innovation-driven economy. We need to improve in all the areas of infrastructure, especially in R&D, Health & Environment and Education. 32
Appendix 1 THE WORLD COMPETITIVENESS SCOREBOARD 2013 2013 2012 COUNTRIES RANK VALUE RANK VALUE USA 1 100.00 2 97.76 Switzerland 2 93.36 3 96.68 Hong Kong 3 92.78 1 100.00 Sweden 4 90.53 5 91.39 Singapore 5 89.86 4 95.92 Norway 6 89.59 8 89.67 Canada 7 89.13 6 90.29 UAE 8 88.44 16 82.49 Germany 9 86.20 9 89.26 Qatar 10 85.51 10 88.48 Taiwan 11 85.19 7 89.96 Denmark 12 83.51 13 84.88 Luxembourg 13 83.31 12 86.05 Netherlands 14 83.16 11 87.16 Malaysia 15 83.15 14 84.22 Australia 16 80.51 15 83.19 Ireland 17 79.59 20 78.47 United Kingdom 18 79.15 18 80.14 Israel 19 78.21 19 78.57 Finland 20 78.19 17 82.47 China Mainland 21 77.04 23 75.77 Korea 22 75.17 22 76.75 Austria 23 74.71 21 77.67 Japan 24 74.53 27 71.35 New Zealand 25 73.94 24 74.88 Belgium 26 73.13 25 73.48 Thailand 27 72.97 30 69.00 France 28 71.33 29 70.00 Iceland 29 69.01 26 71.54 Chile 30 67.99 28 71.29 Lithuania 31 66.49 36 63.42 Mexico 32 65.63 37 63.18 Poland 33 65.44 34 64.18 Kazakhstan 34 64.90 32 66.89 Czech Republic 35 64.61 33 66.19 33
Page 2 and 3: CONTENTS World Competitiveness Year
Page 4 and 5: 3. The WCY is recognised as the lea
Page 6 and 7: Table 1: Top 15 Countries of the Wo
Page 8 and 9: 14. Business Efficiency which measu
Page 10 and 11: MALAYSIA’S PERFORMANCE IN THE 4 C
Page 12 and 13: growth and stable employment prospe
Page 14 and 15: Among the criteria in the top 10 po
Page 16 and 17: capacity of the financial sector in
Page 20 and 21: employees. The Government has intro
Page 24 and 25: solar power as a means to reduce sc
Page 26 and 27: ensuring a higher standard of educa
Page 28 and 29: Malaysia on Track to Become High In
Page 30 and 31: INDUSTRIES’ PERSPECTIVES YBhg. Ta
Page 34 and 35: THE WORLD COMPETITIVENESS SCOREBOAR
Page 36 and 37: Appendix 3 COMPETITIVENESS RANKINGS
Page 38 and 39: Appendix 5 CHARACTERISTICS OF MOST
Page 40 and 41: THE METHODOLOGY OF COMPUTING THE RA
Page 42 and 43: By 1997, the world of competitivene
Page 44: For further information on the Worl

Booklet WCY 29 Mei 2013 1 - MPC

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