KUALA LUMPUR, June 22 — The government is confident that Malaysia’s position in the IMD’s World Competitiveness Ranking 2025 will improve compared to this year, driven by the...
Did Bersatu take away or impair their six MPs’ vested rights acquired under the party’s then laws? ― Hafiz HassanInvestment, Trade and Industry Minister Datuk Seri Tengku Zafrul Abdul Aziz said the reduction in the country’s high-technology exports had influenced Malaysia’s lower positioning in the IMD list last year, and this was a short-term situation that is expected to improve this year.
The minister said this is following the many new investments from electrical and electronics companies in Malaysia as well as those from multinational corporations. Tengku Zaful said Malaysia’s lower position in the IMD competitiveness ranking resulted from a fall in electronic communications exports due to lower global demand and increased global competition for electronic communications products last year.
“When demand for semiconductors increases, it is automatic for a country’s high-technology exports to increase too,” he explained.
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