Brunei Darussalam
The Land of Unexpected Treasures
In a notable achievement, Singapore has clinched the coveted title of the top country for human resources competitiveness in the Asia-Pacific region, securing an impressive 8th position globally in the 2023 rankings according to the Institute for Management Development (IMD). The 2023 IMD World Talent Ranking reveals that Singapore has garnered a remarkable score of 79.96 points, affirming its position as a leader in cultivating a highly competitive and skilled workforce.
The comprehensive evaluation criteria encompass three crucial sub-scores: appeal, measuring how effectively a country leverages foreign human resources; readiness, indicating the availability of skills and competencies; and investment & development, gauging the commitment to talent investment and development domestically. Singapore's success is attributed to its strong performance across these dimensions, reflecting a well-rounded approach to human resource management.
The report highlights the exceptional performance not only of Singapore but also of other Southeast Asian nations, with Malaysia securing a commendable 62.03 points. This regional success underscores the commitment of these countries to nurturing and developing talent, creating environments that attract foreign expertise, and ensuring a high level of readiness in their workforce.
Singapore's recognition as a global leader in human resources competitiveness further solidifies its status as a key player in the international talent landscape. This accomplishment is a testament to the nation's strategic investments in talent development and its ability to create an environment that appeals to both domestic and international professionals.
