{"id":30495,"date":"2024-11-26T06:15:03","date_gmt":"2024-11-26T06:15:03","guid":{"rendered":"https:\/\/brandfinance.com\/?post_type=press-release&#038;p=30495"},"modified":"2024-12-20T02:24:10","modified_gmt":"2024-12-20T02:24:10","slug":"kuala-lumpur-ranks-amongst-top-35-world-cities-for-future-growth-potential","status":"publish","type":"press-release","link":"https:\/\/brandfinance.com\/press-releases\/kuala-lumpur-ranks-amongst-top-35-world-cities-for-future-growth-potential","title":{"rendered":"Kuala Lumpur ranks amongst top 35 world cities for \u2018future growth potential'"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li><strong>Malaysia\u2019s capital shines among top 50 global cities with \u2018attractive personal taxation\u2019 and perceived as \u2018easy to do business in\u2019<\/strong><\/li>\n\n\n\n<li><strong>Kuala Lumpur stands at 70thplace in a new ranking of the world\u2019s top 100 best city brands, ahead of Perth, Jakarta and Manila<\/strong><\/li>\n\n\n\n<li><strong>London, New York, and Paris remain world\u2019s top three ranked cities across all metrics, as Tokyo and Dubai rise to 4th and 5th ranks<\/strong><\/li>\n\n\n\n<li><strong>The research is based on a survey of 15,000 respondents across 20 countries, <\/strong><strong>providing global insight on the world\u2019s top city brands<\/strong><\/li>\n<\/ul>\n\n\n\n<p><strong>KUALA LUMPUR, <\/strong>26th November 2024<strong> \u2013 <\/strong>Malaysia\u2019s capital city, <strong>Kuala Lumpur<\/strong>, holds the 33rd rank among global cities for perceived \u2018future growth potential\u2019, according to Brand Finance Global City Index, the most comprehensive global survey of city perceptions.\u00a0<\/p>\n\n\n\n<p>The 2024 results are based on a survey of <strong>over 15,000 respondents across 20 countries<\/strong>, offering a detailed look at how the world\u2019s leading city brands are viewed. Respondents were asked to rate 100 cities on Key Performance Indicators: Familiarity, Reputation, and Consideration, indicating how strongly these cities are perceived as places people would want to live, work, study, visit, retire, and invest in. In addition, respondents chose from 45 attributes grouped under seven pillars, including Culture &amp; Heritage or Business &amp; Investment, that they associated with city brands.&nbsp;<\/p>\n\n\n\n<p>Kuala Lumpur has experienced growth in the Education and Science pillar, moving up from the 78th rank to 70th, supported by a rise in the rankings of key attributes including \u2018great publicly funded schools\u2019 (up 17 ranks), \u2018leader in science and technology\u2019 (up three ranks) and \u2018great private schools\u2019 (up by one rank).<\/p>\n\n\n\n<p>The vibrant ASEAN city ranked as the 38th city globally for attributes of \u2018attractive personal taxation\u2019 with a significant 32 spot rise compared to 2023, ahead of Bangkok, Tokyo and Seoul this year.\u00a0<\/p>\n\n\n\n<p>In addition, Kuala Lumpur also ranked as the 43rd city globally for the \u2018easy to do business in\u2019 attribute, ahead of Bangkok, Sydney and Jakarta.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cKuala Lumpur presently stands as the 70th global city overall, falling by six spots compared to the past year. The thriving capital city ranks 59th for being perceived as \u2018great for start-ups and innovations\u2019 and 65th for \u2018best cities to visit\u2019. These perceptions reflect the continuous push by Kuala Lumpur to emerge as a leading city for tourism and business in the ASEAN region.\u201d<\/em><\/p>\n<cite><strong>Alex Haigh, Managing Director Asia Pacific, Brand Finance<\/strong><\/cite><\/blockquote>\n\n\n\n<p><strong>Global Results<\/strong>&nbsp;<\/p>\n\n\n\n<p><strong>London retains its position as the world\u2019s top city brand<\/strong>. The city excels in Familiarity (3rd) and Reputation (3rd), exemplifying its strong global profile and appeal. However, London faces challenges in Consideration (19th), particularly in areas like living, investing, and retiring, with affordability (97th) emerging as a major concern. New York and Paris hold the 2ndand 3rd ranks, respectively. Paris leads in Culture &amp; Heritage, while New York is top for Education &amp; Science. Tokyo has risen to 4th and is perceived as the world's \u2018leader in science and technology\u2019. Dubai, now 5th globally, is perceived as the world\u2019s most reputable city, and leads for \u2018future growth potential\u2019 and investment appeal.\u202f&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cThe 2024 study reveals that familiarity can be a double-edged sword. For example, while London remains the world\u2019s best city brand overall, its perceptions across certain metrics have weakened this year. It is no longer considered the world\u2019s top city to visit \u2013 overtaken by Rome, or to study in \u2013 where Boston is now top of class. These findings provide valuable insights into the changing perceptions and priorities of residents and visitors, which can help guide decision makers in cities across the world in implementing effective strategies to drive growth.\u201d<\/em>&nbsp;<\/p>\n<cite><strong>David Haigh, Chairman and CEO, Brand Finance<\/strong><\/cite><\/blockquote>\n\n\n\n<p>With the introduction of regional expansions, including the <a href=\"https:\/\/brandirectory.com\/reports\/brand-finance-us-city-index-2024\" target=\"_blank\" rel=\"noopener\">US City Index<\/a> launched earlier this year, the report helps city leaders across the world to understand the top 100 global city brands.&nbsp;<\/p>\n\n\n\n<p>For a detailed breakdown of the rankings and insights into the global city brands, visit the full report at <a href=\"https:\/\/www.brandfinance.com\/globalycityindex\">www.brandfinance.com\/globalycityindex<\/a>.&nbsp;&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR, 26th November 2024 \u2013 Malaysia\u2019s capital city, Kuala Lumpur, holds the 33rd rank among global cities for perceived \u2018future growth potential\u2019, according to Brand Finance Global City Index, the most comprehensive global survey of city perceptions.\u00a0 The 2024 results are based on a survey of over 15,000 respondents across 20 countries, offering a [&hellip;]<\/p>\n","protected":false},"featured_media":4452,"comment_status":"closed","ping_status":"closed","template":"","tags":[11,377,40],"class_list":["post-30495","press-release","type-press-release","status-publish","has-post-thumbnail","hentry","tag-featured","tag-global-city-index","tag-malaysia"],"acf":[],"_links":{"self":[{"href":"https:\/\/brandfinance.com\/wp-json\/wp\/v2\/press-release\/30495","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/brandfinance.com\/wp-json\/wp\/v2\/press-release"}],"about":[{"href":"https:\/\/brandfinance.com\/wp-json\/wp\/v2\/types\/press-release"}],"replies":[{"embeddable":true,"href":"https:\/\/brandfinance.com\/wp-json\/wp\/v2\/comments?post=30495"}],"version-history":[{"count":3,"href":"https:\/\/brandfinance.com\/wp-json\/wp\/v2\/press-release\/30495\/revisions"}],"predecessor-version":[{"id":30499,"href":"https:\/\/brandfinance.com\/wp-json\/wp\/v2\/press-release\/30495\/revisions\/30499"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/brandfinance.com\/wp-json\/wp\/v2\/media\/4452"}],"wp:attachment":[{"href":"https:\/\/brandfinance.com\/wp-json\/wp\/v2\/media?parent=30495"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/brandfinance.com\/wp-json\/wp\/v2\/tags?post=30495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}