20 Oct '11, 5am

Singapore easiest place to do business… again

Singapore easiest place to do business… again

Singapore easiest place to do business… again October 20, 2011 by Terence LEE Singapore has been the easiest place to do business in the world since forever (actually, six years), so it comes as no surprise that the World Bank has ranked the country number one again in a report. Ranking for the top five remains unchanged since 2010. After Singapore is Hong Kong, New Zealand, the United States and Denmark. Among the top emerging economies, China ranks the highest at 91st, Russia at 120th, Brazil at 126th and India at 132nd. The World Bank report gathered data on changes in legal frameworks, administrative procedures, and technical obstacles to starting or growing a business. They spoke to public institutions, universities, lawyers, and entrepreneurs. In Singapore, the friendly environment has attracted many expats to set up offices or incorporate a business. The government ...

Full article: http://sgentrepreneurs.com/singapore-entrepreneurs/2011/1...

Comments

  1. 21 Oct '11, 7am

    Do you know why Singapore is a good place for doing business? Millionaire can become billionaires in very short periods of time.

    Singapore has become an island for modern slaves for local as well as for foreigners.

    For some Singaporeans who are still employed had just enough for daily survival menu. If they ever needed to go for medical treatment, I wonder how they can afford to pay their final bill.

    Sorry, that $8 thingy is not meant or entitle to modern slave.

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