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Singapore reclaims top Asia ranking in competitiveness

It overtakes HK after 3 years; globally, it climbs two rungs to 3rd spot, after the US and Switzerland

[SINGAPORE] The Republic has reclaimed the No 1 spot in Asia for overall competitiveness, inching past former titleholder Hong Kong after three years, according to the 2014 IMD World Competitiveness Yearbook. In global rankings, Singapore edged up two notches to rank third, behind the US and