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Singapore keeps 2nd place on Global Talent Competitiveness Index

More than half of Singapore's small and medium enterprises (SMEs) - 60 per cent of those surveyed - expect overseas business activities to drive revenue growth this year, but challenges related to regional financing have to be tackled, the latest SME Growth and Financing Survey found.

SINGAPORE has retained second place for the third straight year on Insead's annual Global Talent Competitiveness Index (GTCI), behind Switzerland.

The study, released on Tuesday, measures a nation's competitiveness based on the quality of talent that it can produce, attract and retain.

As in the previous studies, GTCI's top 10 rankings in 2015 remain dominated by Western countries, with Luxembourg taking the third place, the US at fourth, and Denmark fifth.

This annual study is undertaken in partnership with the Adecco Group and the Human Capital Leadership Institute of Singapore.