SINGAPORE (Oct 6): Singapore has slipped one spot down, placing third on World Economic Forum’s Global Competitiveness Index rankings.

While that is hardly a disaster as the republic had been ranked seventh or worse from 2000/01 to 2006/07, some of the details in the report do raise concerns.

In some of the areas in which Singapore was relatively poorly ranked, the WEF boffins may have had a somewhat eccentric reading of the facts.

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