Hong Kong came in second and Taiwan was fourth in IMD’s World Competitiveness Rankings this year.
Singapore
Hong Kong came in second and Taiwan was fourth in IMD’s World Competitiveness Rankings this year.
People visit the Merlion statue on the Marina Bay waterfront in Singapore on May 5, 2026. (Photo: AFP/Roslan Rahman)
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Hong Kong ranks No 2 in global competitiveness with best showing in 7 years
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City trails first-place Singapore out of 70 economies surveyed by Switzerland-based International Institute for Management…
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(Bloomberg) -- Switzerland lost its position as the world’s most competitive economy to Singapore, slipping to third place in the…
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‘This is also the first time Hong Kong is back in the top three since 2019,’ city leader John Lee says.
