34.2 C
Bangkok
Thursday, May 2, 2024

Thailand beats China, takes second place behind India as best nation for starting business

BANGKOK (The Nation/ANN): Thailand has secured the second position as the best country in the world to start a business in 2023, as per rankings published in the US News and World Report.

The “Best Countries for Starting a Business in 2023” report assessed 85 countries on various factors, such as taxes, labour conditions and other business-related conditions.

Besides Thailand, the other South-East Asian countries in the Top 10 list are Philippines (sixth), Vietnam (seventh) and Malaysia (ninth).

The rankings to start a business this year were determined through a comprehensive survey involving more than 17,000 people worldwide. Among them were 4,600 decision-makers in the business world, like senior executives in organisations or small business owners who employ staff.

The ranking was based on…

Read more…

Latest Articles