Philippines Moves 4 Steps Upward In World Competitiveness Rankings

Photo from Google Images

World Competitiveness Rankings 2019 Got Philippines On 4 Spots Higher Than in 2018

PHILIPPINES – The Philippines moved four(4) steps upward in the World Competitiveness Rankings 2019.

Annually, there are global competitiveness rankings that are out. They are based on several factors like the economy of the country and as well as the infrastructures.

One of those that releases reports on competitiveness rankings is the International Institute for Management Development (IMD), a business school in Switzerland.

Recently, it released a report on the World Competitiveness Rankings 2019.

Based on a report on GMA News, in the World Competitiveness Rankings 2019, the Philippines moved four(4) steps upward from its previous spot.

From being on the 50th mark last year, PH is now in the 46th spot out of a total of 63 economies sorted out.

The IMD rankings considered four factors – economic performance, infrastructure, government efficiency, and business efficiency.

According to IMD, the Philippines’ ranking in 2019 is brought by “a solid economic performance”. It cited the sustained gross domestic product of the country which is at 6.2% and the improvement in labor levels.

Based on the report, presidential spokesman Salvador Panelo expressed that the country improved in all four factors considered by the IMD in the rankings.

“The strong and effective style of governance by President Rodrigo Roa Duterte makes Palace optimistic that further improvements will take place… This is every reason to look forward to a bright future,” he said.

Reportedly, in the 2019 rankings, Singapore garnered the top spot and it is followed by Hong Kong. The previous front runner, the United States, fell on the 3rd mark.

Source and Original Article from: >>> philnews.ph

Comments

The 4 Amazing Health Benefits of Saluyot Leaves.

Saluyot, photo from YouTube Illness prevention and cure do not need to be expensive. Most Filipinos opt to take herbal medicines first before indulging with costly medicines with or without doctor’s advice. The vegetables we often find in the market are not just there as plainly ingredients but also a source of vitamins and minerals. One is saluyot. What Is Saluyot? Corchorus olitorious or saluyot has many health benefits. It is used for food consumption because of its high nutritional value. It is considered as a health booster. This leafy veggie belongs to the Malvaceae family and grows on tropical areas. This herbal plant carries vitamins and minerals. It is an abundant source of vitamin A, C, E, calcium, iron, and dietary fibers. Saluyot, photo from Tagalog Lang Amazing Benefits of Saluyot Promotes good eyesight Saluyot has beta-carotene content which promotes good eyesight. Its richness in vitamin A will help you prevent or avoid ...

China dialing back virus conspiracy claims, US says

© SUMY SADURNI Chinese embassy officials help screen incoming passengers for the new coronavirus as they arrive at Entebbe Airport in Uganda on March 3, 2020 China has retreated from spreading conspiracy theories online in the developing world alleging US involvement in the coronavirus (COVID-19) pandemic after finding limited traction, a US official said. The State Department's Global Engagement Center, which is in charge of analysing and countering foreign propaganda, said China has shifted to praising its own successes in containing the virus and highlighting its delivery of aid abroad. "We assess that the PRC official messaging in Africa shows that they may have abandoned that disinformation campaign specifically saying that coronavirus had originated in the US," said Lea Gabrielle, the coordinator of the centre. "We're also seeing something similar in the Western Hemisphere," she told reporters. She said that analysis of Chinese go...

Bulacan airport deal signed, construction to start December

Design study for the New Manila International Airport in Bulacan (Photo from CNN) Metro Manila (CNN Philippines, September 18) — San Miguel Corporation (SMC) will start building a new international airport in Bulacan after securing an official contract from the Department of Transportation (DOTr). Transportation Secretary Arthur Tugade signed the concession agreement on Wednesday which officially awards the ₱734-billion deal to SMC unit San Miguel Aerocity Inc. He also gave the green light for SMC to build, operate, and maintain the New Manila International Airport as he issued the notice to proceed with the project. Tugade and San Miguel President and Chief Operating Officer Ramon Ang signed the agreement at the ASEAN Convention Center inside the Clark Freeport Zone in Pampanga. The deal grants a 50-year concession period for SMHC to operate the airport, with no government guarantee or subsidies and the right-of-way costs shouldered by the private firm. ...

Partner for Change Philippines

Search This Blog