Ease of Doing Business in Asia

Is it easy to do business in Asia? Yes surprisingly many Asian countries provide a legal framework which is very conductive to business. In this respect countries such as Singapore, Hong Kong, South Korea, Thailand, Malaysia and Japan have excellent ranking in the World Bank 2011 Ease of Doing Business ranking. 

How is the Ease of Doing Business ranking is established?

The ease of doing business index ranks economies from 1 to 183. 

For each economy the ranking is calculated as the simple average of the percentile rankings on each of the 10 topics included in the index in Doing Business 2012: starting a business, dealing with construction permits, registering property, getting credit, protecting investors,paying taxes, trading across borders, enforcing contracts, resolving insolvency and, new this year, getting electricity.

Asian Countries 2011 ranking 

2011 raking was establish based on data collected at end of June 2011

(note that for formatting purpose two columns do not appear in this rendition of the classification that is to say ease of getting electricity and ease of solving insolvency)

Economy	Ease of Doing Business Rank	Starting a Business	Dealing with Construction Permits	Registering Property	Getting Credit	Protecting Investors	Paying Taxes	Trading Across Borders	Enforcing Contracts
Singapore	1	4	3	14	8	2	4	1	12
Hong Kong SAR, China	2	5	1	57	4	3	3	2	5
Korea, Rep.	8	24	26	71	8	79	38	4	2
Thailand	17	78	14	28	67	13	100	17	24
Malaysia	18	50	113	59	1	4	41	29	31
Japan	20	107	63	58	24	17	120	16	34
Taiwan, China	25	16	87	33	67	79	71	23	88
Mongolia	86	97	119	26	67	29	57	159	33
Sri Lanka	89	38	111	161	78	46	173	53	136
China	91	151	179	40	67	97	122	60	16
Vietnam	98	103	67	47	24	166	151	68	30
Nepal	107	100	140	24	67	79	86	162	137
Bangladesh	122	86	82	173	78	24	100	115	180
Indonesia	129	155	71	99	126	46	131	39	156
India	132	166	181	97	40	46	147	109	182
Cambodia	138	171	149	110	98	79	54	120	142
Philippines	136	158	102	117	126	133	136	51	112
Bhutan	142	83	135	83	126	147	67	169	35
Lao PDR	165	89	80	72	166	182	123	168	110

Comments of the Results

The most surprising result in this table is to see how well Thailand is faring with a ranking of 17 out of 183 countries and how badly China is doing with a ranking of 91 only. one would expect better for China who has become the industrial hub of the world. As to Thailand this positioning is remarkable especially in the context of the realization of Asean Common Market in 2015. If Thailand can keep or even improve its ranking during the next 3 years it might very well become the hub that investors and SME will want to use to stat a presence in the ASEAN market. 

If you need more information about this post or about investing in Asia do not hesitate to contact us

Originally posted 2012-01-05 11:47:58. Republished by Blog Post Promoter