<div class=newsTextDataWrapInner><p>SINGAPORE (June 18): Singapore reclaimed the top spot as the world’s most competitive economy in 2024, up from the fourth place a year ago, according to the International Institute for Management Development (IMD) World Competitiveness Ranking on Tuesday.</p></div>

<div class=newsTextDataWrapInner><p>This is the first time Singapore has been ranked No 1 since 2020, and has outperformed other economies&nbsp;such as Switzerland and Denmark, said IMD.</p></div>

<div class=newsTextDataWrapInner><p>IMD assessed 67 global economies, over survey data and 164 pieces of statistical data between March and May this year<a href="https://www.theedgesingapore.com/news/singapore-economy/singapore-crowned-worlds-most-competitive-economy-2024" target="_blank"><em>...(click here for the full story on theedgesingapore.com).</em></a></p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p><em>Read also:<br />
<a href="https://theedgemalaysia.com/node/715786" target="_blank">Malaysia ranks 34th most competitive economy in 2024, down seven places</a></em></p></div>


Singapore reclaims the top spot as the world’s most competitive economy in 2024, up from fourth place a year ago, according to the International Institute for Management Development (IMD) World Competitiveness Ranking on Tuesday.

Singapore crowned world's most competitive economy in 2024

(Jan 5): Congestion pricing has finally arrived in New York City, though its long-term future still remains uncertain.

NYC congestion pricing takes effect after years of delays

KUALA LUMPUR (Jan 5): The Palestinian ambassador to Malaysia, Walid Abu Ali, expressed deep regret over the recent commotion at Wisma Transit Kuala Lumpur (WTKL), stressing that such actions do not align with Palestinian culture or ethics.

Palestinian embassy working with authorities to resolve Wisma Transit incident, says envoy

TOKYO (Jan 5): The global chip market is projected to grow 11.2% to a record US$697.18 billion (RM3.13 trillion) in 2025, boosted by robust demand for semiconductors for use in artificial intelligence (AI)-powered smartphones and data centres, according to an industry organisation forecast.

Global chip demand expected to grow 11.2% to record US$697b in 2025 — World Semiconductor Trade Statistics

(Jan 5): Merck & Co, Inc’s Covid-19 antivirals are getting a new lease of life in post-pandemic China, as cat owners seize on them as antidotes to a life-threatening disease caused by a coronavirus that infects their feline companions.

Chinese cat owners feed Covid pills to pets to beat virus

MILAN (Jan 4): Italian Prime Minister Giorgia Meloni is flying to Florida, where she will meet US President-elect Donald Trump, Italian media reported on Saturday.

Italian PM Meloni flying to US to meet Trump, Italian media report

(Jan 4): Swiss bank UBS is working with an independent ombudsman to shed light on Nazi-linked accounts, it said on Saturday, after the Wall Street Journal newspaper reported that some accounts at collapsed bank Credit Suisse, which UBS bought in 2023, had not been disclosed in earlier investigations.

UBS investigates undisclosed Nazi-linked accounts at Credit Suisse

The United Kingdom’s Labour government has given serious thought to the public investment needed to get the economy back on track after 14 years of austerity, neglect of social infrastructure, and capital flight triggered by Brexit and uncertain economic conditions. It understands that the situation demands a new strategy to tackle big problems like child poverty, health inequities, a weak industrial base, and struggling public infrastructure.

The Visible Hand: Good Growth Requires Getting Public-Private Partnerships Right 

MUMBAI (Jan 4): India's HDFC Bank saw quarter-on-quarter deposit growth outpace loan growth in the three months to Dec 31, 2024, the country's biggest private lender said on Saturday.

Indian private lender HDFC Bank says 3Q deposit growth outpaces loan growth

PUTRAJAYA (Jan 5): Singapore Prime Minister Lawrence Wong will undertake an official visit to Malaysia from Monday to Tuesday (Jan 6 to 7), in conjunction with the 11th Malaysia-Singapore Leaders’ Retreat on Tuesday.

Singapore PM Lawrence Wong to visit Malaysia for leaders’ retreat

KUALA LUMPUR (Jan 5): Malaysian cafe owners who import coffee beans and sell speciality coffees are now faced with the challenge of rethinking their pricing strategies, as coffee bean prices hit record highs.

Malaysian cafe owners to rethink pricing strategies as coffee bean prices reach record highs

<p>KUALA LUMPUR (Jan 5): Malaysian cafe owners who import coffee beans and sell speciality coffees are now faced with the challenge of rethinking their pricing strategies, as coffee bean prices hit record highs.&nbsp;</p>


<p>PUTRAJAYA (Jan 5): Singapore Prime Minister Lawrence Wong will undertake an official visit to Malaysia from Monday to Tuesday (Jan 6 to 7), in conjunction with the 11th Malaysia-Singapore Leaders’ Retreat on Tuesday.</p>


<p>KUALA LUMPUR (Jan 5): The Palestinian ambassador to Malaysia, Walid Abu Ali, expressed deep regret over the recent commotion at Wisma Transit Kuala Lumpur (WTKL), stressing that such actions do not align with Palestinian culture or ethics.</p>


<p>TOKYO (Jan 5): The global chip market is projected to grow 11.2% to a record US$697.18 billion (RM3.13 trillion) in 2025, boosted by robust demand for semiconductors for use in artificial intelligence (AI)-powered smartphones and data centres, according to an industry organisation forecast.</p>


<p>(Jan 4): Two Federal Reserve policymakers on Saturday said they feel the US central bank's job on taming inflation is not yet done, but also signalled they do not want to risk damaging the labour market as they try to finish that job.</p>


Fed's Kugler, Daly say job not done on inflation

<p>VIENNA (Jan 4): Talks between Austria's two main centrist parties on forming a coalition government without the far-right Freedom Party (FPO) collapsed on Saturday, prompting conservative Chancellor Karl Nehammer to announce he would step down.</p>


Austrian chancellor quits as coalition talks collapse

<p>(Jan 5): Merck &amp; Co, Inc’s Covid-19 antivirals are getting a new lease of life in post-pandemic China, as cat owners seize on them as antidotes to a life-threatening disease caused by a coronavirus that infects their feline companions.</p>


<p>(Jan 4): Swiss bank UBS is working with an independent ombudsman to shed light on Nazi-linked accounts, it said on Saturday, after the <em>Wall Street Journal </em>newspaper reported that some accounts at collapsed bank Credit Suisse, which UBS bought in 2023, had not been disclosed in earlier investigations.</p>


<p>MUMBAI (Jan 4): India's HDFC Bank saw quarter-on-quarter deposit growth outpace loan growth in the three months to Dec 31, 2024, the country's biggest private lender said on Saturday.</p>


<p>The United Kingdom’s Labour government has given serious thought to the public investment needed to get the economy back on track after 14 years of austerity, neglect of social infrastructure, and capital flight triggered by Brexit and uncertain economic conditions. It understands that the situation demands a new strategy to tackle big problems like child poverty, health inequities, a weak industrial base, and struggling public infrastructure.</p>


<p>MILAN (Jan 4): Italian Prime Minister Giorgia Meloni is flying to Florida, where she will meet US President-elect Donald Trump, Italian media reported on Saturday.</p>


<p>(Jan 5):&nbsp;Congestion pricing has finally arrived in New York City, though its long-term future still remains uncertain.</p>
