World Bank

Singapore ranked as most business-friendly economy

Singapore has topped a global ranking as the easiest place to do business for the 7th straight year. A report from the International Finance Corporation and the World Bank finds Singapore remains the top economy with the most business-friendly regulatory environment for local entrepreneurs. Singapore scored well in areas such as cross-border trading regulations, dealing with construction permits and...

Cities take on green initiatives with newly-launched Eco2 Cities programme

An increasing number of people have been taking on green initiatives, including companies. But what about cities? The World Bank has just launched its Eco2 Cities programme which proposes a set of guidelines that will help cities and governments move in the right direction. The programme is aimed at encouraging cities to think of longer term, sustainable options. The World Bank said if developing...

Singapore keeps ranking as most business-friendly place in the world

Singapore kept its top ranking for the third year in a row as the easiest place in the world to do business, the World Bank said in a report Wednesday. The Asian city-state edged out New Zealand and the United States in the "Doing Business 2009" ranking by the World Bank. Filling out the list of the 10 easiest business environments was Hong Kong, Denmark, Britain, Ireland, Canada, Australia and...

World Bank forecasts trying times for Asian economies in 2008

Developing economies in East Asia, including Indonesia, Malaysia and Thailand, will grow at their slowest pace in six years in 2008, according to the latest forecast from the World Bank. It said growth is being dragged down by the US sub-prime mortgage crisis and a drop in exports to the US. The World Bank also warned that governments in the region need to be watchful over rising inflation. Trade with the...

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