COMMENT | Malaysia achieved the top position in emerging Southeast Asia, according to the 2022 Milken Institute Global Opportunity Index.

The 2022 Milken Institute Global Opportunity Index (GOI 2022) is an assessment to "inform investor and policymaker global investment decisions" by evaluating an economy's investment landscape.

As far as having "potential", this is very much agreeable. That said, although Malaysia's relative position in the Global Opportunity Index 2022 appears to be good, we must evaluate this critically.

The key categories (or major variables) used as criteria for measurement in GOI 2020 are business perception, financial services, international standards and policy, economic fundamentals, and institutional framework.

The report focused on...