THE Philippines' ranking in a global competitiveness report dropped 10 notches to the 76th level from last year's 66th, a global competitiveness report of the World Economic Forum said.
The country ranked 76th in the global competitive index with 3.51 GCI. Taiwan ranked 4th with a GCI score of 5.72 out of 104 countries, followed by Singapore, 7th place, 5.56; Japan, 9th, 5.48; Hong Kong, 21st, 5.06; Korea, 29th, 4.90; Malaysia, 31st, 4.88; Thailand, 34th, 4.58; China, 46th, 4.29; and Vietnam, 77th with 3.47.
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