World bank doing business report 2013 malaysia news

Download brochure Download infographics Corruption remains a global threat The Corruption Perceptions Index serves as a reminder that the abuse of power, secret dealings and bribery continue to ravage societies around the world. The Index scores countries and territories on a scale from 0 highly corrupt to very clean. No country has a perfect score, and two-thirds of countries score below This indicates a serious, worldwide corruption problem.

World bank doing business report 2013 malaysia news

Malaysia continues to improve in the global ranking of the most business-friendly economies coming in at 12 th position in the World Bank Doing Business Report formoving up from 18th spot last year and 23rd in The Doing Business Smarter Regulations for Small and Medium-Size Enterprises report which was unveiled yesterday rated Malaysia as the top country in the world for getting credit and the fourth for protecting investors.

Malaysia has also made significant improvements in a number of areas including ease in getting electricity, from 59th last year to 28th spot; registering property 59th to 33rdpaying taxes 41st to 15thtrading across borders 29th to 11thand dealing with construction permits th to 96th.

No upgrade for Pulau Redang airport runway

The report also noted that Malaysia was among the top 10 economic reformers in the APEC region, commending the country for setting up the Pemudah a Special Taskforce to Facilitate Business at inter-ministerial level to reform business regulations and procedures.

The country is also ranked ahead of major economies such as Sweden 13thTaiwan 16thGermany 20thJapan 24thSwitzerland 28thChina 91 and India The Minister said the latest ranking was an indication of Malaysia's continuous improvement in the delivery of public services and the overall efficiency of government machinery through the Economic Transformation Programme and the Government Transformation Programme.

The report, undertaken in collaboration with the International Finance Corporation, assessed economies on 11 areas including starting a business, getting licensing approvals and efficiency of tax administration.

The survey covered the period from June to June A report by human rights groups identified 41 new coal projects with ties to the World Bank Group.

Malaysia ranks 15th in World Bank's Doing Business Report Malaysia advanced nine places to 15th spot among economies worldwide in the World Bank's Doing Business Report, which based its rankings on business regulations and ease of doing business. Doing Business Comparing Business Regulations for Domestic Firms in Economies 11TH EDITION A World Bank Group Corporate Flagship Understanding Regulations. WONG MAYE-E In the World Bank's latest "Doing Business" report, an annual ranking of countries by the ease of doing business in each, Singapore retains the top spot as the country that is the.

These projects are funded by private banks and companies that have received loans and investment. WONG MAYE-E In the World Bank's latest "Doing Business" report, an annual ranking of countries by the ease of doing business in each, Singapore retains the top spot as the country that is the.

KUALA LUMPUR: Malaysia has made it into the top 10 of the World Bank’s Doing Business Report , under the topic, Getting Electricity.

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According to Energy, Green Technology and Water Minister, Datuk Seri Dr Maximus Ongkili, the nation is ranked eighth out of countries, besting even Singapore. Malaysia’s ranking in the World Bank’s 'ease of doing business' list has dropped one place to the 24th.

world bank doing business report 2013 malaysia news

This is despite the country’s overall score improving to . In the World Bank’s global Doing Business report, Malaysia ranked 18th place overall among the economies covered in the survey.

The ranking is a slight decrease from , where Malaysia ranked 17 out of economies. other units of the International Finance Corporation (IFC) and the World Bank, advises governments on reforms to improve their business environments and encourage and retain investment, thus fostering competitive markets, growth and job creation.

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