World Economic Forum's flagship index--the Global Competitiveness Index--ranks Malaysia No. 18 out of 140 countries. The ranking moved up from the 20th in previous year. The top three are Switzerland, Singapore and the U.S., same ranking as last year. Malaysia is ranked the highest among the upper middle-income countries (the World Bank's classification in 2015: $4,125-$2,736).
PM Najib Razak and his cabinet ministers must be very happy of this result. Syabas Malaysia. Lets try to get into Club Top 10 next year.
For more details: http://www.bloomberg.com/news/articles/2015-09-29/these-are-the-10-most-competitive-countries-in-the-world
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