Malaysia is ranked 23rd out of 190 economies in the World Bank's 2017 Doing Business Report (DB 2017), down a notch from its 22nd position last year.
At 23rd spot, Malaysia is ahead of countries such as Switzerland (31st), France (29th), Netherlands (28th), United Arab Emirates (26th), Japan (34th), Thailand (46th), China (78th) and India (130th), said Malaysia Productivity Corporation (MPC) director-general, Datuk Mohd Razali Hussain.
Malaysia is also ranked second in ASEAN in the report after Singapore and 7th in the Asia Pacific after New Zealand, Singapore, Hong Kong, South Korea, Taiwan and Australia.
Mohd Razali told a media briefing this here yesterday to share the methodology and highlights of the DB 2017.
He said the report continues the ongoing process of introducing improvements involving 10 of the 11 DB indicator sets.
Based on the improved measurements, Malaysia's 23rd placing was based on a Distance to Frontier (DTF) score of 78.11 in DB 2017. This is in contrast to 22nd out of 189 economies in the DB 2016, with a DTF score of 78.18.
Under the old methodology, Malaysia was ranked 18th in the DB 2016.
Mohd Razali Hussain said the DB 2017 further refined the methodology this year with the "Paying Taxes" indicator expanded and gender dimension being added in three of the 11 indicators.
"The Paying Taxes indicator set has been expanded to cover the post filing processes (what happens after a firm pays taxes) such as tax refunds, tax audits and administrative tax appeals.
"A gender dimension has been included in four of the 11 indicator sets which sees Starting a Business, Registering Property and Enforcing Contracts presenting a gender dimension for the first time this year," he added.
Meanwhile, Malaysia is credited alongside Japan as being the best performers on the "Reliability of Supply and Transparency of Tariffs Index" under the "Getting Electricity" indicator.
Last year, the country was also one of the best performers on this index.
Malaysia is also acknowledged as having made paying taxes easier by enhancing the electronic system for filing and paying the goods and services tax (GST).
The country is also recognised as one of the economies to have introduced the bureau or registry credit scores as a value-added service. -- Bernama
Bernama
Wed Oct 26 2016
![Malaysia ranks 23rd in World Bank's 2017 Doing Business Report Malaysia ranks 23rd in World Bank's 2017 Doing Business Report](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2016-06/71465383281_TheWorldBank.jpg)
Malaysia is ranked 23rd out of 190 economies in the World Bank's 2017 Doing Business Report (DB 2017), down a notch from its 22nd position last year.
![Dewan Rakyat lulus RUU Agensi Kawalan dan Perlindungan Sempadan Malaysia Dewan Rakyat lulus RUU Agensi Kawalan dan Perlindungan Sempadan Malaysia](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-07/41721021538_TBSHAMSUL.jpg)
Dewan Rakyat lulus RUU Agensi Kawalan dan Perlindungan Sempadan Malaysia
Rang Undang-Undang Agensi Kawalan dan Perlindungan Sempadan Malaysia 2024 yang bertujuan menubuhkan MCBA diluluskan persidangan Dewan Rakyat, hari ini.
![PAC akan mulakan prosiding isu dibangkit LKAN Siri 2/2024 PAC akan mulakan prosiding isu dibangkit LKAN Siri 2/2024](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-03/61710922383_MasErmieyatiSamsud.jpg)
PAC akan mulakan prosiding isu dibangkit LKAN Siri 2/2024
Jawatankuasa Kira-Kira Wang Negara (PAC) akan memulakan prosiding bagi empat isu yang dibangkitkan dalam Laporan Ketua Audit Negara (LKAN) Siri 2/2024.
AWANI Ringkas: Kes bunuh Nur Farah Kartini | Skandal LCS
Ikuti rangkuman berita utama yang menjadi tumpuan sepanjang hari di Astro AWANI menerusi AWANI Ringkas.
ADUN Rembia sertai Pas, kenapa tak umum tahun lepas? - MP Kampar
Chong Zhemin, tindakan tersebut seolah-olah satu penghinaan paling besar kepada Parlimen yang telah meluluskan pindaan Perlembagaan Persekutuan berkait Akta Antilompat Parti.
Masuk Pas untuk sama-sama susah dengan rakyat - ADUN Rembia
Muhamad Jailani berkata, sebelum ini beliau pernah menghantar surat kepada Lembaga Disiplin UMNO memohon untuk memecat keahliannya daripada parti Melayu itu.
[TERKINI] Astro dipilih sebagai penyiar rasmi Olimpik Paris 2024
Astro dipilih sebagai penyiar rasmi bagi Sukan Olimpik Paris 2024 bermula hujung bulan ini.
[TERKINI] Speaker DUN Melaka tunggu surat rasmi Muhammad Jailani
DUN Melaka masih menunggu surat rasmi daripada Pas berhubung tindakan ADUN Rembia, Datuk Muhamad Jailani Khamis yang menyertai Pas.
Sasar sumbang RM500 bilion kepada kdnk tempoh tiga tahun
Selangor perlu merancakkan semula kapasiti pembuatan untuk tidak hanya memenuhi keperluan tempatan, tetapi menjadikan negeri itu sebagai asas kepada pelan peluasan ke rantau Asia Tenggara dan Asia.
![Wanita dihempap kayu balak mula sedarkan diri Wanita dihempap kayu balak mula sedarkan diri](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-07/61720789446_Wanitadihempapkay.jpg)
Wanita dihempap kayu balak mula sedarkan diri
Wanita yang nyaris maut akibat dihempap kayu balak dalam kejadian di lampu isyarat di Persimpangan Bendahara, Jalan Gua Musang-Kuala Krai di sini 9 Julai lepas, kini dilaporkan mula sedarkan diri.
Sah suspek anggota polis
Ketua Polis Selangor, Datuk Hussein Omar Khan mengesahkan suspek bunuh Nur Farah Kartini, ialah anggota polis.
Suspek juga yang dipercayai teman lelaki mangsa dan bertugas di Perak.
Suspek juga yang dipercayai teman lelaki mangsa dan bertugas di Perak.