Malaysia has been crowned as the best country in the world to invest in or do business for 2018, according to the CEOWORLD magazine.

Poland took silver, followed by Philippines (No. 3), Indonesia (No. 4), and Australia (No. 5). Ranked number 1 among 50 countries, Malaysia continues to be the most attractive destination for investors and businessmen.

Thailand ranked number 10, or fourth country of the Asean block after Malaysia, the Philippines and Singapore

RankCountryPopulationTotal GDP
1Malaysia31.2 million$296.4 billion
2Poland37.9 million$469.5 billion
3Philippines103.3 million$304.9 billion
4Indonesia261.1 million$932.3 billion
5Australia24.1 million$1.2 trillion
6Singapore5.6 million$297.0 billion
7India1.3 billion$2.3 trillion
8Czech Republic10.6 million$192.9 billion
9Spain46.4 million$1.2 trillion
10Thailand68.9 million$406.8 billion

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 Thailands. The United Kingdom, the United States, China, and Japan ranked 16th, 18th, 24th, and 32nd, respectively, among the world’s 50 best countries to invest in or do business for 2018 World’s Best Countries To Invest In Or Do Business For 2018 | CEOWORLD magazine

About the author

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

Industries to Watch Out for Growth in Southeast Asia in 2023

Southeast Asia, or the ASEAN (the Association of Southeast Asian Nations) region as more commonly referred to in Asia, is among the fastest-growing regions in the world. According to the Asian Development Bank (ADB)

Thailand sets 24 billion baht budget to subsidize domestic EV Battery Production

The state subsidy is expected to help manufacturers cut production costs, which in turn would make EVs more affordable in the domestic market.

Thailand To Host World Chinese Entrepreneurs Convention in June

Thailand will be hosting the 16th World Chinese Entrepreneurs Convention (WCEC) on 24-26 June at Queen Sirikit National Convention Center in Bangkok