Booklet WCY 29 Mei 2013 1 - MPC
Booklet WCY 29 Mei 2013 1 - MPC
Booklet WCY 29 Mei 2013 1 - MPC
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14. Business Efficiency which measures the extent to<br />
which the national environment encourages<br />
enterprises to perform in an innovative, profitable and<br />
responsible manner, improved by 2 rungs to be ranked<br />
a credible 4 th (2012:6 th ). The sub-factors which<br />
comprise Labour Market, Finance, Management<br />
Practices, Attitudes and Values are all ranked in the<br />
top ten. Although Productivity and Efficiency has<br />
improved to 22 nd position (2012:23 rd ), it is still an area<br />
of concern. In this regard, to sustain labour cost<br />
competitiveness and propel the country into a high<br />
income nation, productivity and efficiency gains<br />
through initiatives such as reskilling, automation and<br />
technology are crucial.<br />
Business Efficiency<br />
improved by<br />
2 rungs<br />
to a credible<br />
4 th posion.<br />
15. Technological Infrastructure which improved by 3<br />
positions to 13 th position (2012:16 th ) had contributed to<br />
the overall performance of the Infrastructure factor.<br />
Infrastructure is currently ranked 25 th and had been<br />
steadily improving for the last three years. However,<br />
infrastructure needs to be further enhanced,<br />
specifically in the areas of Health & Environment,<br />
Education and Scientific Infrastructure. While the<br />
Ministry of Health (MOH) has been assessing,<br />
reviewing and piloting various initiatives aimed at<br />
strengthening the national health sector in order to<br />
address the emerging challenges and issues faced by<br />
the health system, it is worthwhile to note that<br />
indicators such as health expenditure, life expectancy<br />
at birth, healthy life expectancy and number of<br />
physicians and nurses (medical assistance) are<br />
ranked above 40 among 60 economies in this report.<br />
16. The government had rolled-out numerous policy<br />
initiatives and institutional support such as the<br />
National Policy on Environment, National Green<br />
Technology Policy, National Innovation Strategy as<br />
well as National Broadband Initiative to steer the<br />
Infrastructure factor<br />
ranked 25 th<br />
remains an area<br />
of concern,<br />
specifically in<br />
Health &<br />
Environment,<br />
Educaon and<br />
Scienfic<br />
Infrastructure.<br />
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