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Singapore tops in world competitiveness ranking

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Published Tue, May 28, 2019 · 09:50 PM
    Top 10 most competitive economies

    Singapore

    SINGAPORE emerged tops in an annual world competitiveness ranking of 63 economies for the first time since 2010, moving up two spots to trump the US.

    According to the IMD World Economic Rankings, Singapore's win came on the back of its advanced technological infrastructure, the availability of skilled labour, favourable immigration laws, and the ease of setting up new businesses.

    Singapore economy

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