“They do give some confirmation that we are on the right track,” says Lee.
SINGAPORE (June 16): Singapore has retained its number one position as the world’s most competitive economy for the second year in a row, according to a long-running ranking.
However, Prime Minister Lee Hsien Loong, while calling this a “spot of good news”, warns that Singapore should not be carried away. He warns that tough challenges remain as the economy grapples with the Covid-19 fallout.

