Taiwan climbs to 13th in World Bank’s ‘Doing Business’ rankings

Focus Taiwan
Date: 2018/10/31
By: Rita Cheng and William Yen

Washington, Oct. 31 (CNA) Taiwan has climbed two spots to reach the 13th position among

Image taken from Pixabay

190 economies in the latest “Doing Business 2019” rankings, according to the international economic organization.

The improvement was reflected as Taiwan received a score of 80.90 points, up 0.24 points from a year earlier, according to the report, which was issued on Wednesday.

In the Asia-Pacific region, Taiwan also finished fifth, an improvement from sixth place last year, for the ease of doing business, behind New Zealand (No. 1 in the world with 86.59 points), Singapore (No. 2; 85.24), Hong Kong (No. 4; 84.22) and South Korea (No. 5; 84.14), the report said.

The Doing Business report focuses on 10 areas to assess a country’s business environment: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, trading across borders, paying taxes, enforcing contracts, and resolving insolvency.    [FULL  STORY]

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