Malaysia placed 12th out of 190 countries in World Bank’s Doing Business 2020 Report

Malaysia is now ranked 12th among 190 economies worldwide, a further improvement from 15th position the previous year, said the Ministry of International Trade and Industry .said Malaysia’s 12th place in the Doing Business 2020 Report is due to the public and private sector members’ collaboration and commitment within the technical working groups under the Special Task Force to Facilitate Business to improve ease of doing business environment.

The Doing Business Report surveys regulations governing business activities in the economies which are then ranked according to their ease of doing business scores based on quantitative indicators of the regulations. Leiking also said Pemudah was restructured in 2019 with improvements in its functions, organisation and operation for a leaner approach to expedite the resolving of issues as well as to reinvigorate its membership with broader industry expertise and greater wealth of experience.

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