Latest news with #RKB
The Sun
2 days ago
- Business
- The Sun
Govt reform agenda progressing consistently, not mere rhetoric
KUALA LUMPUR: Claims that the reformasi agenda is not progressing are unfounded, as it is moving forward consistently. Senior press secretary to the Prime Minister, Tunku Nashrul Abaidah, said the reformasi agenda is not something to be implemented overnight or merely expressed in statements, but rather is being executed through structured actions. 'Since the start of the Prime Minister's (Datuk Seri Anwar Ibrahim) administration, he has emphasised that the MADANI Government will always listen and stay open to constructive criticism. 'This stance is reflected in action. Every criticism is viewed as an opportunity for improvement. Today's successes mirror that approach,' he said. Tunku Nashrul said this during the Prime Minister's Office (PMO) daily briefing, broadcast live on both Anwar Ibrahim's and the PMO Malaysia's Facebook pages today. Tunku Nashrul said that, as outlined by the Prime Minister through the MADANI Economy Framework, the main goal is to elevate the nation's economic potential, enhance its capacity, and ensure the well-being of its citizens. He added that Malaysia's rise of 11 places to the 23rd rank in the IMD World Competitiveness Ranking 2025, up from 34th place last year, is due to the MADANI Government's sustained commitment and comprehensive implementation via a whole-of-government and whole-of-nation approach. He said this is the country's best performance since 2020, proving that economic and bureaucratic reforms are yielding results and that the MADANI Economy Framework is keeping the country's economy on the right track. 'This achievement also reflects the collective efforts to strengthen fiscal policy, simplify business processes, and accelerate public service delivery reforms, including over 1,000 initiatives under the Bureaucratic Red Tape Reform (RKB). 'For example, the national bureaucracy perception index has jumped 22 positions, a clear signal that reforms are delivering real results, not just at the national level but also with international recognition,' he said.
The Star
2 days ago
- Business
- The Star
Govt reform agenda progressing consistently, not mere rhetoric, says PMO
KUALA LUMPUR: Claims that the "reformasi" agenda is not progressing are unfounded, as it is moving forward consistently, says Tunku Nashrul Abaidah. The senior press secretary to the Prime Minister said the reformasi agenda is not something to be implemented overnight or merely expressed in statements, but rather is being executed through structured actions. "Since the start of the Prime Minister's (Datuk Seri Anwar Ibrahim) administration, he has emphasised that the Madani government will always listen and stay open to constructive criticism. "This stance is reflected in action. Every criticism is viewed as an opportunity for improvement. Today's successes mirror that approach," he said. Tunku Nashrul said this during the Prime Minister's Office (PMO) daily briefing, broadcast live on both Anwar Ibrahim's and the PMO Malaysia's Facebook pages Thursday (June 19). Tunku Nashrul said that, as outlined by the Prime Minister through the Madani Economy Framework, the main goal is to elevate the nation's economic potential, enhance its capacity, and ensure the well-being of its citizens. He added that Malaysia's rise of 11 places to the 23rd rank in the IMD World Competitiveness Ranking 2025, up from 34th place last year, is due to the Madani government's sustained commitment and comprehensive implementation via a whole-of-government and whole-of-nation approach. He said this is the country's best performance since 2020, proving that economic and bureaucratic reforms are yielding results and that the Madani Economy Framework is keeping the country's economy on the right track. "This achievement also reflects the collective efforts to strengthen fiscal policy, simplify business processes, and accelerate public service delivery reforms, including over 1,000 initiatives under the Bureaucratic Red Tape Reform (RKB). "For example, the national bureaucracy perception index has jumped 22 positions, a clear signal that reforms are delivering real results, not just at the national level but also with international recognition," he said. - Bernama
The Star
4 days ago
- Business
- The Star
Malaysia advances 11 spots in World Competitiveness Ranking 2025
Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz KUALA LUMPUR: Malaysia has jumped 11 spots in the World Competitiveness Ranking (WCR) 2025 to 23rd place -- its best ranking since 2020 -- reflecting the progressive momentum in the country's economic recovery and reform agenda. The Ministry of Investment, Trade and Industry (MITI) said the latest ranking, up from 34th last year, also reaffirmed the nation's trajectory towards becoming one of the world's top 12 most competitive economies by 2033 as targeted under the MADANI Economy framework. "Economic performance, government efficiency and business efficiency factors drove Malaysia's overall competitiveness performance,' it said in a statement today. Malaysia ranked fourth globally in economic performance, improving four spots from eighth place last year. Both government efficiency and business efficiency factors improved by eight positions. MITI said the international trade sub-factor increased 11 places to sixth, as strong export growth in goods and services, diversified markets, and rising tourism receipts strengthened Malaysia's trade surplus. The ministry also expressed confidence that with strong governance, continuous commitment from the federal and state governments and close cooperation with the private sector, Malaysia is on the right path to position itself among the world's 12 most competitive economies by 2033. Commenting on the WCR 2025 ranking, MITI Minister Tengku Datuk Seri Zafrul Abdul Aziz said the government's whole-of-government approach under the MADANI framework demonstrated its commitment to holistic structural reforms. "Malaysia's move up the rankings by 11 positions to 23rd from 34th last year reflects how bureaucracy-related reforms are closely intertwined with facilitating robust investment and industrial growth, both critical for enhancing Malaysia's attractiveness as a preferred investment destination,' he said. MITI, through the National Competitiveness Committee (JKDSN) - co-chaired with Finance Minister II Datuk Seri Amir Hamzah Azizan - coordinates the strategic direction across ministries to enhance Malaysia's competitiveness. At the operational level, the Special Taskforce on Agency Reform (STAR), led by the Chief Secretary Tan Sri Shamsul Azri Abu Bakar, ensures effective implementation of competitiveness initiatives, including over 1,000 Reformasi Kerenah Birokrasi (RKB) projects aligned to the Public Service Reform Agenda (ARPA). The WCR is published annually by the Institute for Management Development based in Switzerland. It is a comprehensive report that evaluates countries based on their ability to create and maintain a business-friendly environment that fosters long-term prosperity. - Bernama
The Sun
4 days ago
- Business
- The Sun
Malaysia rises to 23rd in 2025 World Competitiveness Rank
KUALA LUMPUR: Malaysia has jumped 11 spots in the World Competitiveness Ranking (WCR) 2025 to 23rd place -- its best ranking since 2020 -- reflecting the progressive momentum in the country's economic recovery and reform agenda. The Ministry of Investment, Trade and Industry (MITI) said the latest ranking, up from 34th last year, also reaffirmed the nation's trajectory towards becoming one of the world's top 12 most competitive economies by 2033 as targeted under the MADANI Economy framework. 'Economic performance, government efficiency and business efficiency factors drove Malaysia's overall competitiveness performance,' it said in a statement today. Malaysia ranked fourth globally in economic performance, improving four spots from eighth place last year. Both government efficiency and business efficiency factors improved by eight positions. MITI said the international trade sub-factor increased 11 places to sixth, as strong export growth in goods and services, diversified markets, and rising tourism receipts strengthened Malaysia's trade surplus. The ministry also expressed confidence that with strong governance, continuous commitment from the federal and state governments and close cooperation with the private sector, Malaysia is on the right path to position itself among the world's 12 most competitive economies by 2033. Commenting on the WCR 2025 ranking, MITI Minister Tengku Datuk Seri Zafrul Abdul Aziz said the government's whole-of-government approach under the MADANI framework demonstrated its commitment to holistic structural reforms. 'Malaysia's move up the rankings by 11 positions to 23rd from 34th last year reflects how bureaucracy-related reforms are closely intertwined with facilitating robust investment and industrial growth, both critical for enhancing Malaysia's attractiveness as a preferred investment destination,' he said. MITI, through the National Competitiveness Committee (JKDSN) – co-chaired with Finance Minister II Datuk Seri Amir Hamzah Azizan – coordinates the strategic direction across ministries to enhance Malaysia's competitiveness. At the operational level, the Special Taskforce on Agency Reform (STAR), led by the Chief Secretary Tan Sri Shamsul Azri Abu Bakar, ensures effective implementation of competitiveness initiatives, including over 1,000 Reformasi Kerenah Birokrasi (RKB) projects aligned to the Public Service Reform Agenda (ARPA). The WCR is published annually by the Institute for Management Development based in Switzerland. It is a comprehensive report that evaluates countries based on their ability to create and maintain a business-friendly environment that fosters long-term prosperity.
The Sun
4 days ago
- Business
- The Sun
Malaysia advances 11 spots in World Competitiveness Ranking 2025
KUALA LUMPUR: Malaysia has jumped 11 spots in the World Competitiveness Ranking (WCR) 2025 to 23rd place -- its best ranking since 2020 -- reflecting the progressive momentum in the country's economic recovery and reform agenda. The Ministry of Investment, Trade and Industry (MITI) said the latest ranking, up from 34th last year, also reaffirmed the nation's trajectory towards becoming one of the world's top 12 most competitive economies by 2033 as targeted under the MADANI Economy framework. 'Economic performance, government efficiency and business efficiency factors drove Malaysia's overall competitiveness performance,' it said in a statement today. Malaysia ranked fourth globally in economic performance, improving four spots from eighth place last year. Both government efficiency and business efficiency factors improved by eight positions. MITI said the international trade sub-factor increased 11 places to sixth, as strong export growth in goods and services, diversified markets, and rising tourism receipts strengthened Malaysia's trade surplus. The ministry also expressed confidence that with strong governance, continuous commitment from the federal and state governments and close cooperation with the private sector, Malaysia is on the right path to position itself among the world's 12 most competitive economies by 2033. Commenting on the WCR 2025 ranking, MITI Minister Tengku Datuk Seri Zafrul Abdul Aziz said the government's whole-of-government approach under the MADANI framework demonstrated its commitment to holistic structural reforms. 'Malaysia's move up the rankings by 11 positions to 23rd from 34th last year reflects how bureaucracy-related reforms are closely intertwined with facilitating robust investment and industrial growth, both critical for enhancing Malaysia's attractiveness as a preferred investment destination,' he said. MITI, through the National Competitiveness Committee (JKDSN) – co-chaired with Finance Minister II Datuk Seri Amir Hamzah Azizan – coordinates the strategic direction across ministries to enhance Malaysia's competitiveness. At the operational level, the Special Taskforce on Agency Reform (STAR), led by the Chief Secretary Tan Sri Shamsul Azri Abu Bakar, ensures effective implementation of competitiveness initiatives, including over 1,000 Reformasi Kerenah Birokrasi (RKB) projects aligned to the Public Service Reform Agenda (ARPA). The WCR is published annually by the Institute for Management Development based in Switzerland. It is a comprehensive report that evaluates countries based on their ability to create and maintain a business-friendly environment that fosters long-term prosperity.
