Manila, Philippines – The country had one of the the biggest climbs in the 2019 World Talent Ranking report from the International Institute for Management Development (IMD).
The country rose six places to 49th place from 55th in 2018.
The report from IMD World Competitiveness Center ranked 63 countries based on the three factors: investment and development, appeal, and readiness.
In the 3 categories, the Philippines improved the most in the readiness factor, its ranking surged to 26th place, 11 places higher than the previous year’s 37th. This category assesses the quality and growth of the existing talent pool.
In the appeal factor category, which looks at the ability to attract and retain high-quality talent from abroad, the Philippines rose to 31st place from 38th in 2018.
In the investment and development factor which measures funds poured in, as well as development of domestic human resources, the Philippines ranked 61st, up one notch from last year.