![NODX decline suggests Singapore is \"drastically\" losing competitiveness](http://sbr.com.sg/sites/default/files/imagecache/260x75/news/shocked_148.jpg "NODX decline suggests Singapore is \\"drastically\\" losing competitiveness")
Should Singapore learn a thing or two from Hong Kong?
Hong Kong once again topped the World Competitiveness Rankings, with Singapore falling to fourth place from last year’s third.
Findings of IMD’s annual World Competitiveness Yearbook revealed that the most competitive of the 59 ranked economies in 2012 are Hong Kong, the US, and Switzerland.
The World Competitiveness Yearbook rankings measure how well countries manage their economic and human resources to increase their prosperity.
Source: IMD
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This signals chemical firm Eastman’s commitment to its Asian clients.
