Malaysian University Ranking - Are we good enough?

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This is the world ranking involving Malaysian Universities issued by THES-QS for the year 2007:

University of Malaya (246)
Universiti Sains Malaysia (307)
Universiti Kebangsaan Malaysia (309)
Universiti Putra Malaysia (364)
Universiti Teknologi Malaysia (416)

Ranking of foreign universities that have branch campuses in Malaysia:

Monash University (HQ: Australia) (43)
University of Nottingham (HQ: UK) (70)
Curtin University of Technology (HQ: Australia) (235)
Swinburne University of Technology (HQ: Australia) (>500)
Al-Azhar University (HQ: Egypt) (>500)

Highest Rank South East Asian University: National University of Singapore (33)
Highest Rank Asian University: University of Tokyo (17)