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PH competitiveness unchanged

THE Philippines has maintained its position in an annual global competitiveness ranking after falling four places last year, data released by the Switzerland-based International Institute for Management Development (IMD) showed on Tuesday.

At 52nd, it was in the bottom fourth of a list of 67 economies (the list last year was shorter at 64) and remained next to last — 13th out of 14 — among its peers in the Asia-Pacific region.