ABS CBN: MANILA, Philippines - The Philippines fell two notches in the latest IMD World Competitiveness yearbook from 41 to 43. The Philippines is now in the bottom third of the 59 countries covered by the report, which is done by the Switzerland-based global business school IMD. Aside from the Philippines, 3 other Asean countries - Singapore, Thailand, and Indonesia - slipped in their rankings.
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