KUALA LUMPUR, Sept 16 — 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, SJ Grant Thornton, a member of an acccounting and consulting firm, Grant Thornton International, said in a statement.
Each economy across five key areas of dynamism produces an overall score.
Singapore scored 61.9, the highest in Asean, followed by Malaysia, 59.5, and Thailand, 56.4.
Malaysia scored second best in key areas such as in business operating environment (74) and financing environment (60) in Asean for growing businesses.
SJ Grant Thornton Managing Director Datuk N.K. Jasani said Malaysia was ranked 13th globally by the GDI -– a major improvement of 11 places from the year before.
“Our country also provides good financing environment as we scored the highest in Asean for access to medium-term capital (85),” he said.
In comparison with other countries globally, he said, Malaysia was performing strongly in key areas such as in economics and growth, rank 8 (73), labour and human capital, rank 11 (62) and financing environment, rank 16 (60).
The GDI provides an overall dynamism ranking and also scores economies and regions in five separate categories of dynamism: business operating environment, economics and growth, science and technology, labour and human capital and financing environment.
By analysing these changes to each economy, which have enabled recovery from the 2008–09 economic recession and are likely to lead to a fast rate of future growth, the index uncovers the best environments for dynamic businesses to grow.
— BERNAMA