Singapore move up 3 places to 10th for competitiveness ranking from a year ago, a report done by Swiss Business School. Out of which, the Republic is top for tenant readiness. While Switzerland retain its top position, Singapore is the only one in Asia which reaches top 10 in the report.
The city state own large percentage of science graduates, especially from programme for International Student Assessment. On top of that, education expenses is also low and scored well for investment and development.
Beside Singapore, Indonesia also climbed 4 places to 41st out of 63 countries assessed. Similar to Malaysia, the country is weak on remuneration in services professions.
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