• 6 AUGUST - *1907 - Gen. Macario Sakay, one of the Filipino military leaders who had continued fighting the imperialist United States invaders eight years into the Ph...
    7 years ago

......................................................................................

The Daily Tribune

(Without Fear or Favor)

Specials:

Bulatlat.com

World Wildlife Fund for Nature-Philippines

The Philippines Matrix Project

RP least competitive in entire Asia-Pacific 05/19/2011

Thursday, May 19, 2011

GLOBAL COMPETITIVENESS RANKING SLIDES 2 NOTCHES

RP least competitive in entire Asia-Pacific

05/19/2011
Despite the frequent breast-beating of President Aquino about the economic gains under his administration and the reforms it supposedly introduced in the business sector, the Philippines was ranked the least competitive country in Asia-Pacific with its global ranking this year falling two notches to 41st place from last year’s 39th in the World Competitiveness Scoreboard.

The annual ranking of the Swiss-based International Institute for Management and Development (IMD) graded an Asian territory, Hong Kong, in a tie with the United States as being the most competitive this year.

In Asia, the Philippines was last among 13 countries ranked with a 63.291 out of a perfect 100 which was lower than that of Indonesia at 12th with a 64.61 score; India, 11th with a score of 70.649; Thailand, 10th with a score of 74.886, and Japan, 9th with a 75.214 score.

At the top of the rung were Hong Kong, first with a perfect 100; Singapore, second with 98.557; Taiwan, third with 92.011; Australia, fourth with 89.259; Malaysia, fifth with 84.12, and China, sixth with 81.1..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/headlines/20110519hed1.html

0 comments

Blog Archive