The world takes notice of Asia's cities

London and New York watch out. Singapore and Hong Kong are hot on your tails to become the most competitive cities in the world.
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Singapore’s central business district. The Lion City ranks as the third most competitive city in the world in a new report (SPH) </div>
<div style="text-align: left;"> Singapore’s central business district. The Lion City ranks as the third most competitive city in the world in a new report (SPH) </div>

A new research report by the Economist Intelligence Unit EIU reveals that Asian cities are the world’s strongest economically, which may come as little surprise. However, New York takes the top place and London comes in second in the rankings of the most competitive cities overall.

Singapore ranks first in Asia and third globally, out of 120 of the world’s major cities. The report, which is commissioned by Citi and entitled Hot Spots, ranks the most competitive cities in the world for their demonstrated ability to attract capital, business, talent and tourists.

According to the report, the most competitive cities in Asia are Singapore third in...

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