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Bangkok Post
Bangkok Post
National

Nation up 3 spots in global list

IMD Thailand

Thailand has climbed three spots to 30th place in the World Competitiveness Ranking released on Tuesday by the International Institute for Management Development (IMD).

It improved in all four main indicators used to compile the rankings, but "infrastructure" remains its weak link.

The country jumped to 16th place from 34th last year in economic performance. It also rose to 24th from 31st in government efficiency and to 23rd from 30th in business efficiency. However, it only edged up one spot to 43rd place in the infrastructure category.

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