World Competitiveness Yearbook

Singapore pips HK as most competitive economy

For the first time in decades, Singapore economy has topped Hong Kong's and the United States' in the World Competitiveness Yearbook rankings. This is according to Swiss business school IMD. It said Singapore has displayed great resilience through the financial crisis despite suffering high levels of volatility in their economic performance. And it is now taking full advantage of the strong expansion in...

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