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Saturday, January 16, 2010

RP among ‘over performers’ in WB trade logistics survey

ANGELES, Pampanga – The Philippines ranks 44th among countries considered to be “over performers” by a new World Bank logistics survey that measures how efficiently countries trade their goods around the world.

Germany emerged on top and Singapore second while Sweden was adjudged the next most trade-friendly nation in the study hailed by the Washington-based institution as "the most comprehensive world survey of international freight forwarders and express carriers."

Aside from the Philippines, other most significant "over-performers" among developing countries are China, which emerged 27th in ranking, India (47), Uganda (66), Vietnam (53), Thailand (35), and South Africa (28).

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