Singapore falls to 3rd Place in competitiveness study
Singapore has dropped one rung to third in the latest world competitiveness rankings by Swiss Business School IMD, behind the United States and Hong Kong. But it also emerges as one of the “fittest” and most resilient economies in a new “stress test” of which countries are likely to fare best in the global recession.
Wonder what the officers at MTI (Ministry of Trade and Industry) are doing now. haha
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