Inefficient supervision bureaucracy, corruption, inadequately prepared workforce, poor work ethic as well as limiting labour regulations.
The above 5 tip a list of many cryptic factors for you do commercial operation in Malaysia, according to a consult published in a ultimate Global Competitiveness Report (2012-2013) by a World Economic Forum.
Other than a tip five, inflation, taxation rates as well as crime also appear rarely in a list ranked by respondents.
The WEF publishes a Global Competitiveness Report each year as well as it is deliberate a many comprehensive in assessing strengths as well as weaknesses of inhabitant economies to aid decision-making by governments, academics as well as commercial operation leaders.
This year's inform made available to Harakahdaily also shows Malaysia retaining a score, but dropping 4 places as alternative economies move ahead.
The inform states which a nation has advantages in products as well as services, fixation it during a 11th mark in this sector, whilst praising a efforts to do divided with problems of transparency as well as red tape.
However, it records which a technological readiness, a margin which a inform places Malaysia during series 51 out of 144 countries, does not commensurate a achievements in information technology.
"Its low level of technological willingness ... is surprising, generally given a achievements in alternative areas of innovation as well as commercial operation sophistication as well as a country's focus on promoting a make use of of ICT.
"Lack of prog! ress in this area will significantly criticise Malaysia's efforts to become a knowledge-based economy by a finish of a decade," a inform warns.
This year's inform commentary uncover Switzerland forward of 143 alternative countries for a fourth uninterrupted year, followed by Singapore retaining a second, as well as Finland third.
-Harakahdaily
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Courtesy of Bonology.com Politically Incorrect Buzz & Buzz
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