Top European ranking in 2019 Global Competitive Index by World Economic Forum (WEF) The Netherlands has the most competitive economy in Europe for the first time. Worldwide, only Singapore, the United States and Hong Kong are ahead of the Netherlands, according to the 2019 ranking of the Global Competitiveness Index prepared by the World Economic Forum (WEF). …
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The Rapid push factor
Oil and gas (O&G) stocks have been rallying on the back of the Refinery and Petrochemical Integrated Development (Rapid) project in Pengerang, Johor becoming fully-operational by the fourth quarter of this year. The interest and appetite for O&G stocks have been surprisingly positive throughout the last few months despite the tame prices of the Brent …
Strong PMI to help Malaysia achieve 4.7% growth, Guan Eng says
The Finance Ministry is confident the jump in Malaysia’s Manufacturing Purchasing Managers’ Index (PMI) in October to the highest pace in six months, will help the country achieve the 4.7% Gross Domestic Product (GDP) growth target for this year. Its Minister, Lim Guan Eng said the sudden jump in PMI from 47.9 points in September …
Selangor upbeat on investments
The Selangor government is optimistic of recording higher investments this year. State investment, industry and commerce, and small and medium enterprises committee chairman Datuk Teng Chang Khim said the confidence was based on the performance achieved in the first six months of this year which amounted to RM5.97bil. “They were 132 approved manufacturing projects. For …
Malaysia ranks 12th in World Bank Doing Business 2020 Report
The World Bank Doing Business 2020 Report has ranked Malaysia in 12th position amongst 190 economies worldwide, a further improvement from the 15th spot the previous year, says the International Trade and Industry Ministry. Minister Datuk Darell Leiking said the improved ranking was due to the public and private sector members’ collaboration and commitment within …
