By: Leaf Chiang, Chen Chung-wei and Ted Chen
Taipei, May 27 (CNA) Taiwan moved up two notches this year to 11th place in the annual global competitiveness rankings, which were released Wednesday by the International Institute for Management (IMD).
Taiwan also showed improvement in three of the four main sub-indices – economic performance, government efficiency, business efficiency, and infrastructure.
Taiwan’ economic performance rose three places to 11th, while government efficiency moved up two notches to 10th, and business efficiency climbed three spots to 14th, according to IMD. [FULL STORY]