KUALA LUMPUR: Malaysia has jumped 15 ranks in the World Bank Logistics Performance Index (LPI) 2023 to 26th rank, the second-best performing Asean country after Singapore.
In a statement today, Malaysia Productivity Corporation (MPC) director general Datuk Abdul Latif Abu Seman said this was a significant improvement from rankings of 41 in 2018 and 32 in 2016, and the best ranking Malaysia has attained was 25 in the World Bank LPI 2014 report.
The seventh edition of Connecting to Compete, the LPI report comes after three years of supply chain disruptions during the Covid-19 pandemic and covers the latest view on the trade logistics performance of 139 countries.
Abdul Latif said the LPI report was a benchmarking tool to help countries identify where improvements in international trade logistics can be made to increase competitiveness.
-- BERNAMA
Bernama
Wed Apr 26 2023
Malaysia jumped 15 ranks in the World Bank Logistics Performance Index 2023 to 26th rank, the second-best performing Asean country after Singapore. - File Pic
Suggesting MCA's removal from BN is 'daydreaming' - Ahmad Zahid
Barisan Nasional chairman Datuk Seri Dr Ahmad Zahid Hamidi emphasised that the coalition has never discussed removing MCA.
Five people shot in attack at Swedish school, police say
The shooting took place in a campus area where several schools are located.
50 per cent toll discount to be implemented during all festive seasons this year - Nanta
Datuk Seri Alexander Nanta Linggi says this measure would reduce the costs borne by the government in compensating highway concessionaires.
China launches antitrust probe into Google
China's State Administration for Market Regulation launches an antitrust investigation against Google over suspected violations.
Arab nations oppose removing Palestinians from Gaza in letter to US
Reconstruction in Gaza should be through direct engagement with and participation of the people of Gaza, the letter said.
Trump orders creation of US sovereign wealth fund, says it could buy TikTok
If created, the sovereign wealth fund could place the US alongside numerous other countries, particularly in the Middle East and Asia.
Hundreds flee Santorini as quakes disrupt life
Hundreds of quakes registered every few minutes between the volcanic islands of Santorini and Amorgos in the Aegean Sea.
Investigators probe Washington plane crash wreckage and flight logs
The salvage team recovers part of the fuselage and right engine and the Black Hawk will be retrieved after the plane is fully recovered.
Malaysia eyes leadership in Southeast Asia’s e-commerce boom
E-commerce in Southeast Asia is undergoing rapid transformation, and Malaysia finds itself at a pivotal moment in this digital revolution.
Free KTM Komuter rides on Feb 10, 11 for Thaipusam
Anthony Loke says free rides would be available from midnight to 11.59 pm, using check-out scanning mechanism at automatic control gates.
Counter staff rotation starts today to enhance service efficiency - PSD
The initiative enhances officers' skills, diversifies roles, and improves the customer experience at service counters.
El Salvador offers to house criminals deported from the US in its jails
The Trump administration removes protection against deportation from hundreds of thousands of Venezuelans in the US.
Electricity tariff hike will not affect 85 per cent of the population - PM
Datuk Seri Anwar Ibrahim says this is because the tariff hike would only apply to the industries and the super-rich group.
Malaysia's global ties to boost investments, exports - PM
Datuk Seri Anwar Ibrahim says Malaysia's trade relations with the United States will continue as usual.
Muhyiddin maintains not guilty plea over alleged seditious remarks
Tan Sri Muhyiddin Yassin's lawyer says he plans to challenge the validity of certain Sedition Act provisions in the Federal Court.
With the Gaza ceasefire in the balance, all eyes are on Benjamin Netanyahu’s trip to Washington
The Trump-Netanyahu bond is so strong that it could even enable the Israeli leader to declare sovereignty over the West Bank.
Sarawak floods: Number of evacuees dips to slightly above 9,000
Continuous heavy rain at the severe level is also expected to occur in several areas in Sabah and Sarawak until tomorrow.
China hits back with tariffs on US goods after Trump imposes new levies
China's Finance Ministry said it would impose levies of 15% for U.S. coal and LNG and 10% for crude oil, farm equipment and some autos.
Trump says there is 'great interest' in TikTok
Trump says there is a lot of interest in TikTok, as his administration seeks to broker a sale of the popular app.
Indonesia police arrest 56 men at Jakarta "gay sex party"
The men were arrested at a South Jakarta hotel after a "same-sex sex party".