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Malaysia Tops ASEAN Startup Ranking

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According to a study by Business Name Generator, Malaysia is the best Southeast Asian location to start a business.

The country claimed the 10th spot globally in the analysis of 52 countries. It has a predicted economic GDP growth of 4.3% and the lowest monthly living cost at $473.84.

Ranking just a notch lower than Malaysia is Vietnam which has the highest estimated GDP growth in 2024 among the top 20 countries at 5.8%.

Thailand is 13th and Singapore 17th on the list.

Topping the global ranking is Hungary, and Finland gets the 7th spot on the list.

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