Financial Market Brief 3 June 2016
The World Bank Group released its Doing Business 2016 report on Wednesday under the theme “Measuring Regulatory Quality and Efficiency.” The report is one of the most highly anticipated reports in the world for ranking how difficult or easy it is for local entrepreneurs to open and operate small to medium size businesses when complying with local regulations. The World Bank calculates its scores via 10 business driven indicators benchmarking 189 countries to determine how far each economy is from the best score for a variety of different measures. The indicators include: Starting a business; Dealing with constructions permits; Getting electricity; Registering property; Getting credit; Protecting minority investors; Paying taxes; Trading across borders; Enforcing contracts; and Resolving insolvency. For the 10th consecutive year, Singapore tops the list, followed by New Zealand (unchanged), Denmark (from 4th), South Korea (from 5th) and Hong Kong (from 3rd). Weekly_Market_Recap_27_May2016 Click here for full Weekly Market Recap

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