Economist Intelligence Unit (EIU) commercial business working environment ranking- Malaysia elevation to No. 19
Date:2014/06/19
Economist Intelligence Unit (EIU) announced commercial business working enviroment ranking for year 2014 to 2018. Malaysia have a dazzling performance, jumped from no 24 to no 19, listed no. 6TH In Asia Pacific region.
Survey shows that Singapore is world’s best commercial city, Switzerland and Hong Kong were rank 2nd and 3rd.
6 Asia-Pacific economies ranked in top 20. Other than Singapore, Hong Kong and Malaysia, Australia (5), New Zealand (8) and Taiwan (14).
Economist Intelligence Unit (EIU) believe that finance of Asia and attracting of foreign fund policy, scramble for become an international financial, manufacturing and logistics center between East Asia countries.
Singapore infrastructure entering to world’s top 10, however EIU reminded that Asia always been weak in infrastructure, only Singapore ranked into top 10, ranked no. 18 for Hong Kong.
Economist Intelligence Unit (EIU) commercial business working environment ranking assessment the 10 business factors of global 82 countries and regions over the next 5 years. Included of political environment, macroeconomic environment, market opportunities. Free enterprise and competition policies, foreign policy, foreign trade controls, taxes, financial market, population market and also infrastructure.