
South Korea and Japan rank second and third in the latest global report.
Singapore has been ranked the most competitive economy in the world, outperforming major economies such as the United States, which fell to twelfth place.
South Korea and Japan secured the second and third positions, respectively, driven by innovation and export strength.
Economists attribute Singapore’s top ranking to its business-friendly environment, advanced infrastructure, and robust digital economy.
South Korea and Japan secured the second and third positions, respectively, driven by innovation and export strength.
Economists attribute Singapore’s top ranking to its business-friendly environment, advanced infrastructure, and robust digital economy.