SINGAPORE (Nov 29): Singapore has fallen out of its position among the top 10 in the IMD World Talent Ranking 2016. The city state fell five places to 15th place while Hong Kong rose two places to take Singapore’s previous rank at 10th position.

This is the second year in a row that Asia has had just one representative in the top 10, according to a release by IMD on Tuesday.

The top 10 countries included Switzerland, Denmark, Belgium, Sweden, the Netherlands, Finland, Norway, Austria, and Luxembourg. Germany was at 11th place.

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