GDI: Malaysia second most dynamic in Asean

by **Cals** Tue 17 Sep 2013, 02:44

Published: Monday September 16, 2013 MYT 12:00:00 AM
Updated: Monday September 16, 2013 MYT 6:35:44 AM
GDI: Malaysia second most dynamic in Asean

PETALING JAYA: The Grant Thornton Global Dynamism Index (GDI) 2013 has ranked Malaysia as Asean’s second most dynamic country after Singapore.
Now in its second year, the GDI ranks 60 of the largest economies in the world on their dynamism, drawing on both economic and business survey data.
It scores each economy across five key areas of dynamism – business operating environment, economics and growth, science and technology, labour and human capital, and financing environment – producing an overall score.
Singapore had a score of 61.9, the highest in Asean, followed by Malaysia with 59.5 and Thailand with 56.4.
Malaysia ranked second best in key areas such as business operating environment (74) and financing environment (60) in Asean for growing businesses.
SJ Grant Thornton managing partner Datuk N.K. Jasani said: “Malaysia is ranked 13th globally by the GDI, a major improvement of 11 places from the year before.
“Our country also provides a good financing environment, as we scored the highest in Asean for access to medium-term capital (85).”
In comparison with other countries globally, Malaysia is performing strongly in key areas such as economics and growth, ranking eighth (73), labour and human capital, ranking 11th (62) and financing environment, ranking 16th (60).
“We have climbed to the eighth ranking in economics and growth, boosted by higher gross domestic product (GDP) and consumption growth. Our real GDP growth is ranked ninth in the world (84),” he said.