Malaysia is the second most dynamic country in Asean after Singapore according to the Grant Thornton Global Dynamism Index (GDI) 2013.
SJ Grant Thornton, a member of accounting and consulting company, Grant Thornton International, undertook the second annual GDI survey, a research project developed by the Economist Intelligence Unit for Grant Thornton.
The survey ranked 60 of the largest economies in the world based on 22 indicators across five areas of dynamism-business operating environment, economics and growth, science and technology, labour and human capital and financing environment.
The project was based on both economic and business survey data.
Singapore attained a score of 61.9, the highest in Asean, followed by Malaysia at 59.5, and Thailand, 56.4.
Malaysia achieved the highest ranking in Asean for access to medium-term capital at a score of 85, and is placed at No2 in key areas such as in business operating environment with a score of 74 and financing environment, 60 in Asean for growing businesses.
SJ Grant Thornton Managing Director Datuk N.K. Jasani said Malaysia registered a major improvement, moving up 11 spots to rank 13th worldwide by the GDI.
Globally, Malaysia had performed well in key categories such as economics and growth, coming in at No 8, labour and human capital at 11th position and financing environment at No.16.
Adapted from Bernama and StarBiz 16 Sept 2013 and Grant Thornton website