Singapore topped the global ranking on the ease of doing business for the seventh consecutive year. Hong Kong SAR, China, New Zealand, the United States, Denmark, Norway, the United Kingdom, the Republic of Korea, Georgia and Australia joined the list of the top 10 economies with the most business-friendly regulations.
The reforms have yielded major benefits for local entrepreneurs across the globe, it says. For example: Since 2005, the average time to start a business has fallen from 50 days to 30, and in low-income economies, the average has been reduced by half. Full story
