Competitiveness

MANILA, Philippines – The Philippines dropped from 71st place to 87th in the latest Global Competitiveness Index prepared by the World Economic Forum.

MANILA, Philippines – The Philippines likely improved its ranking in the annual global survey on doing business set to be released next week, the International Finance Corp. (IFC) said.

THE WORLD ECONOMIC FORUM’S “Global Competitiveness Report 2008-2009” puts the Philippines in a very uncomfortable 74th place (out of 137 economies surveyed), behind such countries as Botswana (59th), Indonesia (58th), and Brunei Darussalam (42nd). The IMD World Competitiveness Yearbook 2009 puts the Philippines at 43rd place among 57 countries. The country’s ranking by other international…

The reason for competing is to improve the human condition. This is why the Asian Institute of Management (AIM) Policy Center continues engaging in competitiveness studies—it is not to rank or study the ranking of countries or cities for the sake of ranking. The purpose is to spur activities that will lead to economic growth…

Editor’s note: Elmer Hernandez is the undersecretary for Industry and Investments at the Department of Trade and Industry. Following is his reaction to the competitiveness report. Overall, 2009 will be about achieving a flat trend in competitiveness rating because of the global financial crisis.

SPECIAL REPORT: PHILIPPINES COMPETITIVENESS   State of the Nation   In health, science and technology, education, energy and many other areas, the Philippines scored the second worst in a competitiveness rating of 57 countries.

MANILA, Philippines – The Philippines must prepare to be competitive now instead of hoping for a further delay in the full implementation of the ASEAN Free Trade Agreement (AFTA), Agriculture Secretary Arthur C. Yap said yesterday.

Short of saying that the World Competitiveness Report that ranked the Philippines at the bottom of 18 economies in the Asia-Pacific region this year was inaccurate, National Competitiveness Council (NCC) private sector chairman Cesar Bautista contested some of the criteria used.

Published since 1989 by Switzerland’s Institute for Management Development (IMD), of which the Asian Institute of Management is a working partner, the annual World Competitiveness Yearbook (WCY) is a widely respected assessment of the world’s 57 most competitive “countries.” Thirteen of the 57 are economies in the Asia-Pacific. For years the USA has been No.…

The country slipped anew in terms of its global competitiveness ranking 43rd out of 57 countries in the World Competitiveness Yearbook that Swiss business school IMD released yesterday.

The Philippines ranked lower in terms of global competitiveness this year and still lagged behind its Asian peers, according to the latest World Competitiveness Yearbook.