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Singapore ranks No 13 in world talent competitiveness

Study also finds that Denmark - in No 2 - spends heavily on education at 7% of GDP, compared to S'pore's 2.9%

Published Mon, Nov 20, 2017 · 09:50 PM
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Singapore

A SLIGHT improvement in factors such as the cost of living and remuneration helped make Singapore a more competitive place for talent this year, while the reverse caused Hong Kong to become less attractive, according to Swiss business school IMD.

Still, Hong Kong, which fell three spots to 12th position in the IMD World Talent Ranking, edged out Singapore, which rose two notches to 13th place.

Dr Arturo Bris, director of the IMD World Competitiveness Center, noted that the movements for both cities are statistically insignificant and could be accounted for by relative shifts in sentiment. "Last year, there was quite a lot of negative s…

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