It has moved up seven places to rank 99 among 137 nations in the 2017-18 Global Competitiveness Index (GCI) released on Wednesday. Last year's index ranked Bangladesh 106 out of 138 countries. The latest ranking is the biggest improvement since 2013-14 when Bangladesh moved up eight notches on the index, data shows. The WEF, known as the Davos Forum, has been publishing the Global Competitiveness Report since 2011. The WEF index is based on 12 basic factors -- institutions, infrastructure, the macroeconomic environment, health, education, market efficiency, the labour market, financial market development, technological capacity, market size, innovation and business sophistication.

Source: bd News24 September 27, 2017 04:18 UTC