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Malaysia World’s Best Countries To Invest In Or Do Business For 2018

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

Boris Sullivan

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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

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Business

16 countries agree to conclude RCEP talks by end of this month

The final round of RCEP talks in Danang, Vietnam, is scheduled from September 19 to September 27 for senior officials to prepare various agenda pertaining to goods, services and investments

National News Bureau of Thailand

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BANGKOK, 9 September 2019(NNT)-The 51st ASEAN Economic Ministers Meeting has agreed that the final round of the Regional Comprehensive Economic Partnership (RCEP) talks in Vietnam should reach their conclusion by the end of this month.

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Thailand to Produce 2.5 Million Vehicles in 2030

Today there are about 15 million vehicles in Thailand and the Energy Ministry expects to see 1.2 million BEVs and plug-in hybrid electric vehicles within 2036.

Boris Sullivan

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The Thailand Automotive Institute expects the country will produce 2.5 million vehicles in 2030 and about 200,000 of them will be battery electric vehicles (BEVs).

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PTT to invest 30bn ($967M) baht in EEC

PTT Public Company Limited has allocated some 30 billion baht, to invest in newer forms of energy in the Eastern Economic Corridor (EEC)

National News Bureau of Thailand

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BANGKOK, (NNT) – The global economic slowdown and trade war have caused fluctuations in energy prices. In response, PTT Public Company Limited has allocated some 30 billion baht, to invest in newer forms of energy in the Eastern Economic Corridor (EEC), while the company’s profit in 2019’s first half was reduce by higher oil prices.

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