Singapore leaps up the rankings in Bloomberg's global innovation index


The annual Bloomberg Innovation Index, in its eighth year, analyzes dozens of criteria using seven metrics. - ST

SINGAPORE (Bloomberg): Singapore leaped three spots to reclaim its No. 3 rank in the 2020 Bloomberg Innovation Index, while economies across Asia-Pacific showed a mixed picture of progress.

After a six-year streak at the top, South Korea was unseated from its best-in-world spot by Germany -- but only just. Japan and New Zealand were among those losing ground in innovation against global peers, while Vietnam showed a big gain.

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