Malaysia has been crowned as the best country in the world to invest in or do business for 2019 among 67 countries, according to the CEOWORLD magazine. Poland took silver, followed by the Philippines (No. 3), Indonesia (No. 4), and Australia (No. 5). Malaysia continues to be the most attractive destination for investors and businesspeople.
The rankings were based on 11 different factors including corruption, freedom (personal, trade, and monetary), workforce, investor protection, infrastructure, taxes, quality of life, red tape, and technological readiness. Each category was equally weighted.
The rankings had Singapore in sixth place, followed by India, Czech Republic, Spain, and Thailand. The United Kingdom, the United States, China, and Japan ranked 16th, 18th, 24th, and 32nd, respectively, among the world’s best countries to invest in or do business for 2019.
2019 The World’s best countries to invest in or do business
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