Latest news with #WorldCompetitivenessRanking2025
The Sun
24-07-2025
- Business
- The Sun
Vacancies at public healthcare facilities to be filled soon
PETALING JAYA: The government will expedite the filling of 4,352 positions at public healthcare facilities by the end of this year, with priority given to contract doctors, said Prime Minister Datuk Seri Anwar Ibrahim. He said immediate steps are needed to strengthen the country's healthcare delivery. 'There have been complaints about critical vacancies, particularly involving doctors. So, we have decided that while services must improve, there is also a clear need to bring in new and contract doctors,' he said during a televised address to the nation yesterday. He said Malaysia's economic trajectory remains 'strong and convincing', a sentiment reflected in both domestic indicators and positive global assessments. 'The ringgit's value reflects growing confidence, having strengthened by over 5% against the US dollar as of mid-year. The ringgit currently stands at RM4.23, placing it among the top five performing Asian currencies this year. 'GDP growth for the first quarter stood at 4.4%, and based on early estimates, the second quarter is expected to reach 4.5%. 'Malaysia climbed 11 spots to 23rd place in the International Institute for Management Development World Competitiveness Ranking 2025. 'Last year, we recorded the highest approved investments in history at RM384 billion, a 17% increase from 2023, and this figure is expected to rise further this year.'
New Straits Times
23-07-2025
- Business
- New Straits Times
Govt to hire more contract doctors, fill over 4,000 healthcare vacancies
KUALA LUMPUR: The Health Ministry is working to fill over 4,352 positions at healthcare facilities nationwide — particularly for contract doctors — by the end of this year, Prime Minister Datuk Seri Anwar Ibrahim said. He said the government had increased the number of posts for doctors and medical officers to ensure the people receive the best possible healthcare services. Anwar, who is also Finance Minister, said the country's strong economic growth has enabled various initiatives aimed at improving people's livelihoods. He said Malaysia's economy remains on a strong and convincing path, as reflected not only by domestic performance but also by international recognition. "The ringgit's value reflects growing confidence, having strengthened by over five per cent against the US dollar as of mid-year. "The ringgit currently stands at RM4.23, placing it among the top five performing Asian currencies this year. "Gross Domestic Product (GDP) growth for the first quarter stood at 4.4 per cent, and based on early estimates, the second quarter is expected to reach 4.5 per cent," he said in a nationally televised address today. In his address, Anwar announced a series of initiatives aimed at easing the rising cost of living, calling it an "extraordinary tribute" to Malaysians and a reflection of the Madani government's commitment to public welfare. They include Anwar added that the country's economic recovery is also being recognised globally. "Malaysia climbed 11 spots to 23rd place in the International Institute for Management Development (IMD) World Competitiveness Ranking 2025. "Last year, we recorded the highest approved investments in history at RM384 billion — a 17 per cent increase from 2023 — and this figure is expected to rise further this year," he said.
Malaysiakini
20-06-2025
- Business
- Malaysiakini
Rankings speak louder than false narratives, PKR MP shells opposition
PKR lawmaker R Yuneswaran has urged the opposition to stop peddling 'false narratives' about the goods and services tax (GST), sales and service tax (SST), and subsidy rationalisation efforts. To underscore that the Madani government is on the right track, the Segamat MP pointed to the International Institute for Management Development World Competitiveness Ranking 2025, which saw Malaysia rise 11 spots with a record high of RM378.5 billion in foreign direct investments.
Barnama
20-06-2025
- Business
- Barnama
MADANI Economic Reform Agenda Yielding Results
BUSINESS PUTRAJAYA, June 20 (Bernama) – The MADANI economic reform agenda has yielded results, said Prime Minister Datuk Seri Anwar Ibrahim. Despite global geopolitical and economic uncertainties, Malaysia has shown encouraging achievements in investment, economic performance, and fiscal stability, said Anwar, who is also the Finance Minister. Citing the World Competitiveness Ranking 2025 by the Institute for Management Development (IMD) recently, Anwar said Malaysia ranks 23rd in the global ranking, up 11 places from 34th in 2024. "This is the best achievement since 2020. We are the only country to record an improvement of more than 10 places," he said at the Finance Ministry's monthly assembly today. Anwar said the overall ranking was driven by improvements in three key areas — economic performance, which rose four spots to 4th in 2025, up from 8th in 2024; government efficiency, which jumped eight steps to 25th in 2025 from 33rd last year; and business efficiency, which rose eight rankings to 32nd in 2025 from 40th in 2024. "This achievement is not only the result of prudent fiscal and financial policies but also due to the competence and capability of our civil servants. "It shows that introducing the Public Service Remuneration System was not in vain – it's an encouragement to consider bonus-related matters next,' he added. Anwar also said the International Monetary Fund (IMF) had noted the reform efforts. "Through the 2025 Article IV mission, the IMF praised Malaysia's commitment to fiscal reforms.
The Sun
20-06-2025
- Business
- The Sun
MADANI economic reform agenda yielding results
PUTRAJAYA: The MADANI economic reform agenda has yielded results, said Prime Minister Datuk Seri Anwar Ibrahim. Despite global geopolitical and economic uncertainties, Malaysia has shown encouraging achievements in investment, economic performance, and fiscal stability, said Anwar, who is also the Finance Minister. Citing the World Competitiveness Ranking 2025 by the Institute for Management Development (IMD) recently, Anwar said Malaysia ranks 23rd in the global ranking, up 11 places from 34th in 2024. 'This is the best achievement since 2020. We are the only country to record an improvement of more than 10 places,' he said at the Finance Ministry's monthly assembly today. Anwar said the overall ranking was driven by improvements in three key areas — economic performance, which rose four spots to 4th in 2025, up from 8th in 2024; government efficiency, which jumped eight steps to 25th in 2025 from 33rd last year; and business efficiency, which rose eight rankings to 32nd in 2025 from 40th in 2024. 'This achievement is not only the result of prudent fiscal and financial policies but also due to the competence and capability of our civil servants. 'It shows that introducing the Public Service Remuneration System was not in vain – it's an encouragement to consider bonus-related matters next,' he added. Anwar also said the International Monetary Fund (IMF) had noted the reform efforts. 'Through the 2025 Article IV mission, the IMF praised Malaysia's commitment to fiscal reforms. They described the implementation of the Public Finance and Fiscal Responsibility Act (FRA) 2023 as a key pillar of the country's fiscal reform,' he said. Anwar reiterated that targeted subsidies and taxation measures are intended to protect the majority of the population. He explained that each fiscal reform initiative does not neglect the welfare of the people. Instead, the government is broadening the tax base and targeting subsidies to improve aid and public services. He noted that in 2023, the government adjusted electricity subsidies in a way that did not burden 85 per cent of the population. 'As a result, we saved RM4 billion – for what? For schools and hospitals,' he said. Anwar added that the targeted diesel subsidy implemented last year also did not burden the public. 'Smuggling to Thailand and Indonesia had gone on for decades and (cost us) tens of billions of ringgit. The government cannot allow that. That is why we enforced controls,' he said. He said the inflation rate was kept under control at 1.8 per cent in 2024 versus 2.5 per cent in 2023 due to targeted subsidy measures.
