Singapore: Still the best place in the world to do business


The World Bank’s annual Doing Business report has again placed Singapore in top position for doing business.

The UK came in sixth place, the US in seventh, but Blighty isn’t the best place to do business in Europe: that honour went to Denmark. Doing Business 2016 presents quantitative indicators on business regulations and the protection of property rights that can be compared across 189 economies – from Afghanistan to Zimbabwe – and over time.

In his most recent Forbes column, The Entrepreneurs Network’s director Philip Salter writes:

“It gets to the nitty-gritty of issues such as dealing with construction permits, getting electricity, registering property and trading across borders.

“The world is getting easier for entrepreneurs who want to start and grow a business. As consumers we will all benefit in countless ways, and this is what will eventually end the absolute poverty still plaguing this planet.”

Read the article in full here.