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chin_wan
21-05-2010, 09:10 AM
It's sad that nobody posted this piece of good news here. So here it is!

Top ten: Malaysia rises up competitiveness ranking
http://thestar.com.my/news/story.asp?file=/2010/5/20/nation/6298481&sec=nation

StonTemplePilot
21-05-2010, 09:37 AM
Sorry to burst yr bubble but this is probably top ten from the bottom... :D

I would take this rankings with a pinch of salt...How do they rate bolehland as top ten? Based on the perception of the various govt "announced-but-actual-implementation?" policies?

bolehland scored in business and government efficiency. Wahaha...been dealing with govt agencies all my life and i can tell you that it is anything but that!!! Singapore yes but bolehland?

It's all form but no substance!!!!

Rhiga
21-05-2010, 09:42 AM
IMD evaluation on country’s competitive is based on 4 core aspects – economic performance, public administration, public infrastructure and business efficiency in private sector.

It DOES NOT include – public administration efficiency, corruption index, sovereignty debt, human capital management, education and technology.

That's explain the result.

Let’s wait for the WEF (World Economic Forum) report on country competitiveness which will be released in September.

chin_wan
21-05-2010, 09:50 AM
Hey...at least we're top ten in the 4 core aspects!

economic performance,
public administration,
public infrastructure
business efficiency in private sector...

Fabe18
21-05-2010, 10:34 AM
Hey...at least we're top ten in the 4 core aspects!

economic performance,
public administration,
public infrastructure
business efficiency in private sector...


That's what the Gov wants us to think....

they also said growth is up in Q1 but somehow, that's not what ppl on the street share... they are projects but very few dare to go into fearing collection problem. A lot of companies are burdened with cashflow problems... Everyone is hoping things will pick up otherwise, a lot of businesses will suffer big time.

chin_wan
21-05-2010, 10:59 AM
So there's nothing good about this report? Now I am depressed. :(

gtl
21-05-2010, 11:06 AM
i like the bodek write up whereby crediting the improvement to NEM, we dont even know what is NEM, i am amaze that the economic analyst can deduced such linkages.

Sentinel
21-05-2010, 11:17 AM
Hey...at least we're top ten in the 4 core aspects!

economic performance,
public administration,
public infrastructure
business efficiency in private sector...
My guess is the ratings were concluded as follows:

Economic Performance - RM67 billion prime pumping is top-ten achievement;

public administration - most bloated and higest public servant ratio per capita;

Public Infrastructure - Putrajaya Administrative Capital, Cyberjaya, all the mega project like half-empty Dayabumi...

Business efficiency in Private Sector - maybe this one got credibility a bit lah...

pucman
21-05-2010, 12:43 PM
bolehland scored in business and government efficiency. Wahaha...been dealing with govt agencies all my life and i can tell you that it is anything but that!!! Singapore yes but bolehland?

It's all form but no substance!!!!

Agree. Look at the LRT extension, they have been talking about it since mid 2006, now it has been 4 years and construction haven't started.

Public transport ie. buses is still one of the worst in the world.

Approval for renovation, approval for blah, blah etc takes a very long time.

What about application for PR for married foreigners ? That will take 20 years in some cases !

chin_wan
25-05-2010, 10:39 AM
I just checked the listing. To be among the top ten with these "worst" group countries is pretty good.

* Argentina
* Australia
* Austria
* Belgium
* Brazil
* Bulgaria
* Canada
* Chile
* China Mainland
* China Hong Kong
* Colombia
* Croatia
* Czech Republic
* Denmark
* Estonia
* Finland
* France
* Germany
* Greece
* Hungary
* Iceland
* India
* Indonesia
* Ireland
* Israel
* Italy
* Japan
* Jordan
* Kazakhstan



* Korea
* Lithuania
* Luxembourg
* Malaysia
* Mexico
* Netherlands
* New Zealand
* Norway
* Peru
* Philippines
* Poland
* Portugal
* Qatar
* Romania
* Russia
* Singapore
* Slovak Republic
* Slovenia
* South Africa
* Spain
* Sweden
* Switzerland
* Taiwan
* Thailand
* Turkey
* Ukraine
* United Kingdom
* USA
* Venezuela

http://www.imd.ch/research/publications/wcy/list_of_countries.cfm

AllUrban
25-05-2010, 03:07 PM
http://www.informationisbeautiful.net/visualizations/because-every-country-is-the-best-at-something/

Cheers, m

chin_wan
25-05-2010, 03:27 PM
Hey...we're not No.1 in pirate software!

AllUrban
26-05-2010, 11:03 AM
Agree. Look at the LRT extension, they have been talking about it since mid 2006, now it has been 4 years and construction haven't started.

Public transport ie. buses is still one of the worst in the world.

Approval for renovation, approval for blah, blah etc takes a very long time.

What about application for PR for married foreigners ? That will take 20 years in some cases !hahahha it's selective efficiency. They choose to be efficient in certain areas and totally inefficient in other areas.

But honestly, where else in the world can you get a passport done in 1 hour? My first work permit took 3 months to get, my 2nd took 2 week and my 3rd took 1 hour. EPF withdrawal took 30 minutes (most of them spent chatting with the clerk). At the airport I can walk into the Malaysian passport queue and get through fast - sometimes faster than wifey who has the e-passport with the chip inside.

I still wonder tho - why the police still write up summonses using pad & pencil when even the local councils have teleprinters with hyperlinks to servers.

Cheers, m

chin_wan
26-05-2010, 01:28 PM
Indeed, Mr. M. Certain statutory bodies/agencies are efficienter than the other.

tupai
26-05-2010, 02:00 PM
Thailand ranks worst than bolehland???? :eek: ...AHHHHHH!

Hey waita minit..
Oh! its only for rankings tabulated based on just4main criteria;
- economic performance (retire leow, so dont care too much..only care to spend & stretch the moolah :p ,
- government efficiency (mai pen rai. 3monthly renewal visa is good leow :) - business efficiency ( retire leow...no nid 2do bizz lah) :D
- infrastructure (aiyah, the siam roads good lah. Plus ride bike also safer anytime than bolehland lah!. :D

So poo-scare that *poof* there goes the BeachBumming retirement plan. :p

So, if bolehland so good, do we see a flood of FDI any time soon? Maybe goodtime to buy the klci index? :confused:

Yang Beachbummin' wannabe latotupai :D

Cire
26-05-2010, 11:00 PM
With a few millions of PATIs around, the labor cost is relatively low in this region. Unfortunately, although it is competitive for foreign investors and cost of products are low, the out-flow of monies in salary for this workers will make the country richly poor. Richness, but then it belongs to others.
To remain competitive, Malaysia need to produce high quality products that will command higher profitability that will counter the outflow of monies overseas.