Less competitive. Malaysia has slipped a notch, to number 26, in this year's competitiveness survey covering more than 125 countries.
Among the reasons cited by the World Economic Forum for pushing us down the ranking are inefficient government bereaucracy, corruption, and crime and theft. Which is surprising because we were supposed to have done so much, especially with regards to corruption, in the last three years or so.
All the same we shouldn't be too upset with the results, which made us the second most competitive country in Asean after Singapore. Note: We were recently very upset with the Freedom Index, which saw Malaysia did a 30-rung freefall!