SUBSCRIBERS

Singapore keeps 3rd spot in global ranking of competitiveness

Published Wed, May 23, 2018 · 09:50 PM

Singapore

SINGAPORE has stayed in third place in an annual world competitiveness ranking of 63 economies topped this year by the United States, which made its first return to pole position since 2015.

In the ranking by Swiss business school IMD, Hong Kong slipped to second spot from first place in 2017, despite a strong performance in government and business efficiency. It kept its lead over its long-time rival Singapore, which held on to its ranking largely because of strong government efficiency.

KEYWORDS IN THIS ARTICLE

Hong Kong

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

Economy & Policy

NTUC aims to do more to support PMEs, who now account for nearly half its membership
Daily Debrief: What Happened Today (Apr 25)
Singapore’s inflation eases more than expected in March, with headline inflation at 2.5-year low
8 in 10 firms in S-E Asia, Greater China positive about business environment: UOB survey
Flexi-work request guidelines not meant to prescribe blanket outcomes for employers or influence hiring of workforce: SNEF
Daily Debrief: What Happened Today (Apr 23)

Purchase this article

Singapore

Singapore keeps 3rd spot in global ranking of competitiveness

KEYWORDS IN THIS ARTICLE

Economy & Policy

NTUC aims to do more to support PMEs, who now account for nearly half its membership

Daily Debrief: What Happened Today (Apr 25)

Singapore’s inflation eases more than expected in March, with headline inflation at 2.5-year low

8 in 10 firms in S-E Asia, Greater China positive about business environment: UOB survey

Flexi-work request guidelines not meant to prescribe blanket outcomes for employers or influence hiring of workforce: SNEF

Daily Debrief: What Happened Today (Apr 23)

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT