Arab Today, arab today hong kong continues to rank high in world bank business ranking
Last Updated : GMT 19:10:18
Arab Today, arab today
Arab Today, arab today

Hong Kong continues to rank high in World Bank business ranking

Arab Today, arab today

Arab Today, arab today Hong Kong continues to rank high in World Bank business ranking

Hong Kong - Xinhua

Hong Kong, offering one of the best business environments globally, ranked the second in a World Bank business ranking, according to a report released here on Thursday. It was the second year in a row for Hong Kong to achieve such a high ranking. In this report, titled \"Doing Business 2012: Doing Business in a More Transparent World\", conducted by the World Bank together with International Finance Corporation, the World Bank Group member focused on private sector development, Singapore, China\'s Hong Kong and New Zealand have been chosen as top three most business-friendly economies in the world. The report ranks economies on the ease of ten factors, including starting a business, resolving insolvency, trading across borders, registering property, enforcing contracts, and getting electricity. Hong Kong was the easiest place to deal with construction permits, the second easiest for trading across borders, and the third in terms of ease of paying taxes and protecting investors. In 2011, the Hong Kong government streamlined the electricity utility\'s procedures with other government agencies to cut the time it took to get an electricity connection to 43 days from 93 days in 2010. \"Hong Kong has shown that coordination among service providers is key to providing efficient utility services,\" said Charles Schneider, program manager investment climate in East Asia and the Pacific for IFC.Besides, Hong Kong also made starting a business easier by introducing online service for company and business registration. Within the East Asia and the Pacific region, China advanced the most in making its regulatory environment more business- friendly over the past six years, said the report. In 2011, 125 economies, out of the total 183 economies assessed, implemented 245 institutional and regulatory reforms, 13 percent up from the previous year.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today hong kong continues to rank high in world bank business ranking Arab Today, arab today hong kong continues to rank high in world bank business ranking

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today hong kong continues to rank high in world bank business ranking Arab Today, arab today hong kong continues to rank high in world bank business ranking

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday