MANILA, Philippines—Given significant improvements in governance, innovation and drive against corruption, the Philippines has moved up six notches in the global competitiveness ranking to the 59th place this year, out of 148 economies. Although the climb this year was slower than 2012 when the country jumped 10 notches to the 65th spot, the Philippines was still regarded among "the most dynamic and rapidly improving economies in terms of competitiveness," said the Global Competitiveness Report 2013-2014. The World Economic Forum (WEF) released the report on Wednesday. The Philippines has also overtaken India, which took the 60th spot. Sin...
Keep on reading: PH up 6 places in global competitiveness
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