Shawdesh Desk:

Bangladesh has slipped two positions and ranked 105th among 141 countries this year in the World Economic Forum’s Global Competitiveness Index.

Bangladesh ranked 103 last year among 140 countries.

Dr Khondakar Golam Moazzem, Research Director of Centre for Policy Dialogue (CPD), revealed the information while presenting the report in the city on Wednesday.

CPD has been releasing the report since 2001.

Singapore ranked first while Malaysia is in a good position among Asian countries, Moazzem said.

“Bangladesh’s weaknesses are in business dynamism, labour market, product market and skills,” he said.

He suggested the government to further increase investment in ICT sector and emphasise labour skills development.