Hong Kong Ranks 5th while Singapore Secures Top Spot in Global Competitiveness

Tuesday, 18 June 2024, 03:44

In the latest IMD World Competitiveness Ranking, Hong Kong claims the 5th position highlighting its strong business efficiency. Meanwhile, Singapore has surged to the top position showcasing extraordinary competitiveness. Both cities demonstrate significant prowess in infrastructure and business efficiency contributing to their high rankings. The rankings underscore the dominance of Hong Kong and Singapore in the global competitive landscape.
South China Morning Post
Hong Kong Ranks 5th while Singapore Secures Top Spot in Global Competitiveness

Global Competitiveness Rankings

In the latest IMD World Competitiveness Ranking, Hong Kong has secured the 5th position, highlighting its strong business efficiency.

Meanwhile, Singapore has emerged as the top competitive economy, showcasing exceptional competitiveness and prowess.

Key Points:

  • Rankings: Hong Kong stands 5th while Singapore claims the top spot.
  • Competitive Edge: Both cities excel in business efficiency and infrastructure.

The IMD World Competitiveness Rankings solidify the global dominance of Hong Kong and Singapore.


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