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Ranking: The most talent-ready countries in Asia Pacific

The IMD World Competitiveness Center has revealed the 2019 IMD World Talent Ranking, which evaluated 63 economies on how they develop, attract, and retain highly-skilled professionals. Further, these economies were evaluated on the factors of readiness, appeal, and investment & development.

Globally, the top 10 positions were dominated by European nations, with Singapore as the only Asian country making the list:

#1 Switzerland#2 Denmark#3 Sweden#4 Austria#5 Luxembourg#6 Norway#7 Iceland#8 Finland#9 Netherlands#10 Singapore

Among APAC countries, the top 10 economies in the ranking included:

#1 Singapore#2 Hong Kong (Global: 15th)#3 Australia (Global: 16th)#4 New Zealand (Global: 17th)#5 Taiwan (Global: 20th)#6 Malaysia (Global: 22nd)#7 Indonesia (Global: 41st)#8 China (Global: 42nd)#9 Thailand (Global: 43rd)#10 The Philippines (Global: 49th)

Check out the following country analysis for Indonesia, Thailand, Singapore and Malaysia:

Indonesia

Priya-IMD-talent-rankings-Malaysia-screengrab-1

 

Malaysia came in 22nd overall, ranking 32nd for investment & development, 27th for appeal, and ranked 16th in readiness. Companies in the country were found to place high priorities on employee training and attracting and retaining talent. At the same time, worker motivation is high, and skilled labour is readily available.

Further, in terms of readiness, the report also found that competent senior managers are readily available in the country. Apart from this, the different education levels in Malaysia, namely primary and secondary education, university education, and management education are able to meet the needs of a competitive economy.


Lead image and infographics / IMD World Talent Competitiveness Center

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