Singapore at forefront in Asia for talent competitiveness

Singapore

SINGAPORE has come up tops in Asia for talent competitiveness this year, according to a global ranking by Swiss business school IMD.

Among the Asian economies in the IMD World Talent Ranking 2018, Singapore retained its position as 13th in the world, ahead of traditional rival Hong Kong which fell six spots to 18th. This was followed by Malaysia, which jumped six places to come in 22nd.

Taiwan was next in 27th place, Japan in 29th and South Korea in 33rd.

The ranking evaluated 63 economies from around the world in developing, attracting and retaining talent based on three factors: investment and development, appeal, and readiness. Singapore fared well in attracting highly skilled professionals from abroad, management remuneration and education outcomes, but it was dragged down by its investment in publi…