The World Bank (WB) has revealed that Thailand has been listed in the Top 20 countries based on its ‘Ease of Doing Business’ report.
According to the Doingbusiness.org website, Thailand has retained its 18th place for 2014 again based on the World Bank’s evaluation of 189 countries in regard to convenience in doing business.
The World Bank based the rankings on several indicators such as operating procedures, business convenience, overheads, laws and regulations, and the overall obstacles of running a business.
Singapore topped the list as the most favorable place to do business in, closely followed by Hong Kong, New Zealand, and the United States. Canada and Mauritius were listed 19th and 20th respectively, just a notch below Thailand.
Thailand is also ranked sixth in Asia and third in ASEAN in terms of being the most convenient place to do business. From these statistics, it is expected that investors would be more confident and interested in investing in Thailand.-VNA
According to the Doingbusiness.org website, Thailand has retained its 18th place for 2014 again based on the World Bank’s evaluation of 189 countries in regard to convenience in doing business.
The World Bank based the rankings on several indicators such as operating procedures, business convenience, overheads, laws and regulations, and the overall obstacles of running a business.
Singapore topped the list as the most favorable place to do business in, closely followed by Hong Kong, New Zealand, and the United States. Canada and Mauritius were listed 19th and 20th respectively, just a notch below Thailand.
Thailand is also ranked sixth in Asia and third in ASEAN in terms of being the most convenient place to do business. From these statistics, it is expected that investors would be more confident and interested in investing in Thailand.-VNA
