Singapore, Denmark tops Ease of Doing Business report 2018

Singapore and Denmark are in the top 3 ranking of being the best countries to do business in in 2018, according to the World’s Bank Doing Business Report 2018.

Screenshot from World’s Bank Doing Business Report 2018

The report hovers around certain aspects of starting and managing a business and then ranks countries based on the score in these certain cathegories such as legal procedures of starting a business and the strenght of the legal systems in the countries.

The primary focuses are such as registering property, getting electricity, starting a business etc.

And on the other side of the spectrum, Myanmar is by far the worst country in Southeast Asia to do business in, ranking as 171st out of 190, making it a worse place to do business than countries such as the occupied Palestine and the war torn Sudan.

 

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