LINES OF THOUGHT ACROSS SOUTHEAST ASIA
Business

Singapore ranks number one as the best country in Asia for business

Singapore was the only Southeast Asian country to rank among the top ten countries to do business in, while Thailand and Brunei were seen as having improved the most for their ease of doing business

Johanna Chisholm
November 9, 2017
Singapore ranks number one as the best country in Asia for business
Singapore reported a 2.5% increase in the country's GDP for the first quarter of 2017 Photo: Wallace Moon/EPA

Singapore has once again claimed the title of being the best country in Asia to conduct business, with an overall rank of number two out of the 190 countries profiled for the World Bank’s Ease of Doing Business index.

The second closest Southeast Asian country to follow behind Singapore was Malaysia, whose overall ranking was 24.

Closely following behind Malaysia in their overall rank was Thailand, who came in at 26, while Brunei took the fourth spot for best performers in the Southeast Asia region with a massive jump in overall standing to 56.




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