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(Bernama) -- The IMD World Competitiveness Yearbook 2009 has ranked Malaysia in 18th spot out of 57 national economies.
The government considers this an improvement compared to last year's ranking of 19th out of 55 economies. The Deputy Minister of International Trade and Industry, Datuk Jacob Dungau Sagan who disclosed this today said, the outcome was a strong indicator of the state of Malaysia's economy. Jacob added that organisations in Malaysia must remain committed, relevant and focused in raising productivity and competitiveness. "We also need to look for more innnovative ways to help organisations transform and address the economic challenges.In other words, we should not be afraid of making challenges when changes are needed. "We need to urgently look into new and bold ways in formulating innovative approaches to deal with the economic recovery," he said. He was speaking at the prize giving ceremony of the "Productivity Photography Contest 2009", organised by the Malaysia Productivity Corporation (MPC)and Fujifilm Malaysia Sdn Bhd, here today. The IMD World Competitiveness Yearbook (WCY) is a renowned and comprehensive annual report on the competitiveness of countries while analysing how a nation's environment creates and sustains the competitiveness of enterprises.
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Look at all these top 10 coutries in the IMD ranking, they are also the best ranked coutries in the Corruption perception Index (CPI) by Transperancy International.
1.USA
2. Hong Kong
3. Singapore
4. Switzerland
5. Denmark
6. Sweden
7. Australia
8.Canada
9. Finland
10. Netherland
Malaysia will never, ever be the top 10 country in any ranking as long as we have the corrupted UMNO-BN regime rulling this country!
On the 2nd thought, maybe top 10 ranking of "the longest lemang in the world", "the biggest roti chanai", "the longest time of dodol paddling", "the most number of ketupat boiled", and recently, "the biggest Malaysia 1 logo made from 20sen shilings" (this last one was a true event and recorded in the Guiness book of Record!).