If you are looking to invest in Southeast Asia, Malaysia might be a good option for you right now.
Ranking high on the list of top countries to invest in is Malaysia, said a recent report by BAV Consulting and The Wharton School, in consultation with U.S. News & World Report.
The country emerged on top by scoring at least 30 points more than the other countries on a 100-point scale. The report highlighted that Malaysia is one of the highest recipients of direct investment and offers a wide range of incentives to investors. The report highlighted that more than US$1 trillion is pumped around the world in foreign direct investment each year.
The other countries in APAC who made to the list include Singapore, India, Thailand and Indonesia which ranked at the second, sixth, seventh and the tenth position respectively. According to the report, with a typically younger population, citizens in these countries can bridge the demand for skilled labour at competitive wages which adds to the country's consumer market.
The ranking are as follows:
- Czech Republic
The above rankings were sourced based on scores from more than 6,000 business decision makers. Attributes such as corruption, dynamic, economically stable, entrepreneurial, favorable tax environment, innovative, skilled labor force and technological expertise were categorised.
Meanwhile, Malaysia also emerged third on the list of of top countries to start a business in.While Thailand took the top spot, India ranked at number four on the list.