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PH Jumps 7 Notches in WEF Competitiveness Rankings

52 global competitiveness philippines

(2nd UPDATE) Since 2010, the Philippines has gained 33 places in the World Economic Forum Global Competitiveness Report – the biggest improvement among all economies in the survey

MANILA, Philippines (2nd UPDATE) – Amid strong economic growth and efforts to curb corruption, the Philippines leaped 7 notches in the 2014 Global Competitiveness Report released by the World Economic Forum (WEF) on Wednesday, September 3.

“The results suggest that the reforms of the past 4 years have bolstered the country’s economic fundamentals,” the WEF said in the report.

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