Skip to main content

Featured Post

Market Daily Report: Bursa Malaysia Maintains Positive Momentum To Close Higher, CI Up 0.48 Pct

KUALA LUMPUR, Nov 25 (Bernama) -- Bursa Malaysia maintained its upward momentum throughout the trading session today to close off its day’s high, buoyed by persistent buying in selected heavyweights led by financial services counters, amid the mostly upbeat performance in regional bourses. CIMB and Public Bank added 16 sen and 7.0 sen to RM8.38 and RM4.45, respectively, with a combined contribution of 5.21 points to the benchmark index gains. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 7.67 points or 0.48 pe

The Global Competitiveness Report 2010-2011

The US which has just lost the pole position to Switzerland in the Global Competitiveness Report not long ago slips another two places in the latest report by the World Economic Forum, overtaken by Sweden and Singapore. Malaysia also slipped 2 places while the United Kingdom which has recently slipped move back up by one place to 12th position.

Click on Read More to get the full list of The Global Competitiveness Report 2010-2011 by World Economic Forum.



Country/Economy GCI 2010 GCI 2009 Change 2009-2010
Rank Score Rank
Switzerland 1 5.63 1 0
Sweden 2 5.56 4 2
Singapore 3 5.48 3 0
United States 4 5.43 2 -2
Germany 5 5.39 7 2
Japan 6 5.37 8 2
Finland 7 5.37 6 -1
Netherlands 8 5.33 10 2
Denmark 9 5.32 5 -4
Canada 10 5.30 9 -1
Hong Kong SAR 11 5.27 11 0
United Kingdom 12 5.25 13 1
Taiwan, China 13 5.21 12 -1
Norway 14 5.14 14 0
France 15 5.13 16 1
Australia 16 5.11 15 -1
Qatar 17 5.10 22 5
Austria 18 5.09 17 -1
Belgium 19 5.07 18 -1
Luxembourg 20 5.05 21 1
Saudi Arabia 21 4.95 28 7
Korea, Rep. 22 4.93 19 -3
New Zealand 23 4.92 20 -3
Israel 24 4.91 27 3
United Arab Emirates 25 4.89 23 -2
Malaysia 26 4.88 24 -2
China 27 4.84 29 2
Brunei Darussalam 28 4.75 32 4
Ireland 29 4.74 25 -4
Chile 30 4.69 30 0
Iceland 31 4.68 26 -5
Tunisia 32 4.65 40 8
Estonia 33 4.61 35 2
Oman 34 4.61 41 7
Kuwait 35 4.59 39 4
Czech Republic 36 4.57 31 -5
Bahrain 37 4.54 38 1
Thailand 38 4.51 36 -2
Poland 39 4.51 46 7
Cyprus 40 4.50 34 -6
Puerto Rico 41 4.49 42 1
Spain 42 4.49 33 -9
Barbados 43 4.45 44 1
Indonesia 44 4.43 54 10
Slovenia 45 4.42 37 -8
Portugal 46 4.38 43 -3
Lithuania 47 4.38 53 6
Italy 48 4.37 48 0
Montenegro 49 4.36 62 13
Malta 50 4.34 52 2
India 51 4.33 49 -2
Hungary 52 4.33 58 6
Panama 53 4.33 59 6
South Africa 54 4.32 45 -9
Mauritius 55 4.32 57 2
Costa Rica 56 4.31 55 -1
Azerbaijan 57 4.29 51 -6
Brazil 58 4.28 56 -2
Vietnam 59 4.27 75 16
Slovak Republic 60 4.25 47 -13
Turkey 61 4.25 61 0
Sri Lanka 62 4.25 79 17
Russian Federation 63 4.24 63 0
Uruguay 64 4.23 65 1
Jordan 65 4.21 50 -15
Mexico 66 4.19 60 -6
Romania 67 4.16 64 -3
Colombia 68 4.14 69 1
Iran 69 4.14 n/a n/a
Latvia 70 4.14 68 -2
Bulgaria 71 4.13 76 5
Kazakhstan 72 4.12 67 -5
Peru 73 4.11 78 5
Namibia 74 4.09 74 0
Morocco 75 4.08 73 -2
Botswana 76 4.05 66 -10
Croatia 77 4.04 72 -5
Guatemala 78 4.04 80 2
Macedonia, FYR 79 4.02 84 5
Rwanda 80 4.00 n/a n/a
Egypt 81 4.00 70 -11
El Salvador 82 3.99 77 -5
Greece 83 3.99 71 -12
Trinidad and Tobago 84 3.97 86 2
Philippines 85 3.96 87 2
Algeria 86 3.96 83 -3
Argentina 87 3.95 85 -2
Albania 88 3.94 96 8
Ukraine 89 3.90 82 -7
Gambia, The 90 3.90 81 -9
Honduras 91 3.89 89 -2
Lebanon 92 3.89 n/a n/a
Georgia 93 3.86 90 -3
Moldova 94 3.86 n/a n/a
Jamaica 95 3.85 91 -4
Serbia 96 3.84 93 -3
Syria 97 3.79 94 -3
Armenia 98 3.76 97 -1
Mongolia 99 3.75 117 18
Libya 100 3.74 88 -12
Dominican Republic 101 3.72 95 -6
Bosnia and Herzegovina 102 3.70 109 7
Benin 103 3.69 103 0
Senegal 104 3.67 92 -12
Ecuador 105 3.65 105 0
Kenya 106 3.65 98 -8
Bangladesh 107 3.64 106 -1
Bolivia 108 3.64 120 12
Cambodia 109 3.63 110 1
Guyana 110 3.62 104 -6
Cameroon 111 3.58 111 0
Nicaragua 112 3.57 115 3
Tanzania 113 3.56 100 -13
Ghana 114 3.56 114 0
Zambia 115 3.55 112 -3
Tajikistan 116 3.53 122 6
Cape Verde 117 3.51 n/a n/a
Uganda 118 3.51 108 -10
Ethiopia 119 3.51 118 -1
Paraguay 120 3.49 124 4
Kyrgyz Republic 121 3.49 123 2
Venezuela 122 3.48 113 -9
Pakistan 123 3.48 101 -22
Madagascar 124 3.46 121 -3
Malawi 125 3.45 119 -6
Swaziland 126 3.40 n/a n/a
Nigeria 127 3.38 99 -28
Lesotho 128 3.36 107 -21
Côte d'Ivoire 129 3.35 116 -13
Nepal 130 3.34 125 -5
Mozambique 131 3.32 129 -2
Mali 132 3.28 130 -2
Timor-Leste 133 3.23 126 -7
Burkina Faso 134 3.20 128 -6
Mauritania 135 3.14 127 -8
Zimbabwe 136 3.03 132 -4
Burundi 137 2.96 133 -4
Angola 138 2.93 n/a n/a
Chad 139 2.73 131 -8





Comments

  1. So how is the Global Competitiveness Index calculated and what does this say about the economy, as I see that Canada has slipped down one place too?

    ReplyDelete
  2. Hi aaron,

    I do a search in the World Economic Forum website and find some of the criteria that determine the Global Competitiveness Index is calculated and I posted it in the blog as well at How The Global Competitiveness Index is Calculated?

    ReplyDelete
  3. Hope it will answer your question and doubt.

    ReplyDelete

Post a Comment

Popular posts from this blog

INTC Share Watch and News

Stock Info Market Monitor Company Profile Intel Corporation designs, manufactures, and sells integrated circuits for computing and communications industries worldwide. It offers microprocessor products used in notebooks, netbooks, desktops, servers, workstations, storage products, embedded applications, communications products, consumer electronics devices, and handhelds. The company also offers system on chip products that integrate its core processing functionalities with other system components, such as graphics, audio, and video, onto a single chip. It also provides chipset products that send data between the microprocessor and input, display, and storage devices, such as keyboard, mouse, monitor, hard drive, and CD or DVD drives; motherboards that has connectors for attaching devices to the bus, and products designed for desktop, server, and workstation platforms; and wired and wireless connectivity products, including network adapters and embedded wireless cards used to translat

Key Corporate Updates from Malaysia

Ekovest Bhd : Major shareholder Tan Sri Lim Kang Hoo is considering selling his toll-road business, Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd (Kesturi), for up to RM5 billion. Ekovest owns 60% of Kesturi, with the remainder held by the Employees Provident Fund (EPF). Eco World Development Group Bhd : Through its subsidiary Mutiara Balau Sdn Bhd, EcoWorld is acquiring 847.25 acres in Semenyih, Selangor for RM742.41 million to develop Eco Forest 2, a project with an estimated RM4.6 billion in gross development value. Mah Sing Group Bhd : Mah Sing has purchased 5.24 acres on Old Klang Road for RM113 million to build M Aurora, a transit-oriented development with an estimated RM660 million gross development value, anticipated for launch in early 2025. Pentamaster Corp Bhd : The company’s third-quarter net profit dropped 49.9% to RM11.77 million, impacted by lower sales in its automated test equipment division and foreign exchange losses. Sentral REIT : The REIT saw a 25

IGB REIT Downgraded to ‘Hold’ After 22% Rally, Analysts Eye Limited Upside

IGB REIT’s impressive 22% surge this year has prompted analysts to downgrade the REIT to a 'hold' rating, despite slightly higher fair value targets for the Mid Valley Megamall and The Gardens Mall operator. AmInvest and Maybank Investment Bank (Maybank IB) highlighted that IGB REIT’s valuation now appears stretched compared to peers like Sunway REIT and Pavilion REIT. The unit price of IGB REIT, currently trading at nearly two times net asset value (NAV) , contrasts with competitors hovering just over one time NAV. “We see limited upside potential after the stock’s strong rally," Maybank IB said, noting that they had not factored in potential new assets into their forecasts. Both firms anticipate IGB REIT’s next growth catalyst will be the acquisition of Mid Valley Southkey Mall in Johor Bahru , a fully occupied property expected to see rental renewals in 2025. AmInvest raised its fair value to RM2.28 from RM2.11 , citing lower cost of capital assumptions, while Mayba