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Home / News / Global Economy

Singapore ousts US for top spot in competiveness rankings

Global Economy

Singapore ousts US for top spot in competiveness rankings

Bloomberg Published on Wed, Oct 09, 2019 / 10:08 AM GMT+8

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(Oct 3): The US dropped from the top spot in the World Economic Forum’s annual competitiveness report, losing out to Singapore.

Hong Kong, the Netherlands and Switzerland made up the rest of the top five, according to the WEF survey published on Wednesday. On the US, it noted growing uncertainty among business leaders and said trade openness has declined.

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