Singapore loses its top spot in global competitiveness study, now ranks 5th
Singapore has tumbled from its top spot as the world's most competitive economy to fifth place, but remains Asia's top performing economy.
Singapore has tumbled from its top spot as the world's most competitive economy to fifth place, but remains Asia's top performing economy.
The new tax could see governments recouping billions in tax dollars to help them pay off debts incurred during the Covid-19 crisis and even out inequities in society.