Jump to content
BANGKOK 23 May 2019 09:41
webfact

Thailand's competitive ranking improves

Recommended Posts

Thailand's competitive ranking improves

 

file.jpg

FILE photo

 

BANGKOK, 18th October 2018 (NNT) - Thailand's global competitive rank this year has risen to 38 from 40 last year, according to the Global Competitiveness Index 4.0 by the World Economic Forum (WEF). 

The index compares the competitiveness of 140 countries. This year, the WEF gives the U.S. first ranking for the first time in 10 years and Thailand 38th ranking with a score of 67.5. Thailand's ranking has increased from 40th last year. 

Thailand receives better scores in almost all components of this 12-pillar index, particularly in financial market development for which the country receives a score of 84.19. However, the report suggests Thailand continue to improve its research and development, internal competitiveness and politics. 

In ASEAN, Thailand ranks 3rd after Singapore and Malaysia. 

According to the WEF, the Thai government's infrastructure investment will lead to better use of technology and innovation. Furthermore, clarity of the general election will help improve the country's ranking next year.

 
nnt_logo.jpg
-- nnt 2018-10-18
  • Haha 1

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...