competitiveness index

Global Economy

Singapore ousts US for top spot in competiveness rankings

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



SINGAPORE (June 3): “MAS does not and cannot use the exchange rate to gain an export advantage or achieve a current account surplus.” — The Monetary Authority of Singapore, responding to the US’ inclusion of Singapore on a watch list for exchange