CEOWORLD magazine has recognised Malaysia as the world’s best country to do business or invest in for 2019.
The magazine revealed that they based the rankings on 11 different factors, which include workforce, freedom (personal, trade, and monetary), technological readiness, infrastructure, quality of life, corruption, taxes, investor protection and red tape, reported The Sun Daily.
Among 67 countries evaluated, Malaysia appeared to be the most attractive destination for business people and investors.
Poland came in second, while the Philippines, Indonesia and Australia followed.
Meanwhile, Singapore placed sixth, followed by India, the Czech Republic, Spain, and Thailand. Earning the 16th, 18th, 24th, and 32nd spots were the UK, US, China and Japan.
CEOWORLD magazine annually ranks the world based on different categories ranging from the best universities to the richest people, top executives and top companies.