Doing business ranking of South Asia 2011 by World Bank & IFC

[Lankan Ranger]

Doing business ranking of South Asia 2011 by World Bank & IFC

Global 'doing business' ranking published by the World Bank & International Finance Corporation

Maldives - 79

Sri Lanka - 89

Pakistan - 105

Nepal - 107

Bangladesh - 122

India - 132

Bhutan - 142

Afghanistan - 160

Singapore was the easiest place to do business followed by Hong Kong, New Zealand the United States and Denmark. South Korea had entered the top 10.

Sri Lanka moves up in doing business ranking: World Bank, IFC - LANKA BUSINESS ONLINE

 

[Chinese-Dragon]

Sri Lanka - 89

Pakistan - 105

Nepal - 107

Bangladesh - 122

India - 132

Bhutan - 142

Afghanistan - 160

Great news buddy.

Singapore was the easiest place to do business followed by Hong Kong, New Zealand the United States and Denmark. South Korea had entered the top 10.

Hong Kong at #2, brilliant.

 

[Lankan Ranger]

Congratulations to all countries

 

[kawaraj]

fair enough, the ranking.

 

[RezRoll]

Complete list for those who are wondering.

Ranking of economies - Doing Business - World Bank Group

Singapore at 1, Malaysia at 18. Good job, ASEAN countries

 

[SpArK]

Starting a Business proceedings, Dealing with Construction Permits, Enforcing Contracts, Resolving Insolvency, these factors fare bad in India.

But it doesnt matter much, since the actual businesses started here is more than all the nations combined.

 

[Veritas]

Starting a Business proceedings, Dealing with Construction Permits, Enforcing Contracts, Resolving Insolvency, these factors fare bad in India.

But it doesnt matter much, since the actual businesses started here is more than all the nations combined.

The cost of doing business in the North is not same as West or South. What lot of people who get caught up in the nation wide indices is that, the Western and Southern states of India are way better and business friendly compared to Northern and Eastern India.

 

[SpArK]

The cost of doing business in the North is not same as West or South. What lot of people who get caught up in the nation wide indices is that, the Western and Southern states of India are way better and business friendly compared to Northern and Eastern India.

North or South .. there is this "bribing" problem.

The only positive is now all the states have actually started competing for their share of business houses. The graph will look brighter in near future.

Until then enjoy the lower rankings.

 

[Veritas]

North or South .. there is this "bribing" problem.

The only positive is now all the states have actually started competing for their share of business houses. The graph will look brighter in near future.

Until then enjoy the lower rankings.

Using an axe when scalpel is needed. I do not disagree with corruption, there are definitive distinction among regions and their business friendliness.

 

[RezRoll]

North or South .. there is this "bribing" problem.

The only positive is now all the states have actually started competing for their share of business houses. The graph will look brighter in near future.

Until then enjoy the lower rankings.

I would imagine doing any sort of business would be hard in India.

Even from my personal experience, everywhere I went in India, people were trying to get money out of me by charging ridiculous prices on any goods that I bought. The fact that I was a foreigner somehow translated to dollar sign to them. I can't imagine doing business with these people.

I didn't face this issue in East Asia, Europe or America.

I also heard everything in India works through corruption.

 

[SpArK]

Using an axe when scalpel is needed. I do not disagree with corruption, there are definitive distinction among regions and their business friendliness.

I was generalizing.

If taken state-wise there are much improved states.

---------- Post added at 10:25 AM ---------- Previous post was at 10:22 AM ----------

I would imagine doing any sort of business would be hard in India.

Even from my personal experience, everywhere I went in India, people were trying to get money out of me by charging ridiculous prices on any goods that I bought. The fact that I was a foreigner somehow translated to dollar sign to them. I can't imagine doing business with these people.

I didn't face this issue in East Asia, Europe or America.

I also heard everything in India works through corruption.

Inspite of all these hues, money has been flowing in manufacturing sectors, share markets, automobile, IT, infrastructure, agri business, aerospace and defence sectors, retain, entertainment and consumer goods and continuing to do so.

So we are not complaining.

 

[RezRoll]

Inspite of all these hues, money has been flowing in manufacturing sectors, share markets, automobile, IT, infrastructure, agri business, aerospace and defence sectors, retain, entertainment and consumer goods and continuing to do so.

So we are not complaining.

And I'm happy for you that all this is happening.

But the points that I raised, are also real problems. I hope with the advancement in education and overall prosperity among Indian people, I won't have to face such issues anymore during my next visit.

 

[Veritas]

I would imagine doing any sort of business would be hard in India.

Even from my personal experience, everywhere I went in India, people were trying to get money out of me by charging ridiculous prices on any goods that I bought. The fact that I was a foreigner somehow translated to dollar sign to them. I can't imagine doing business with these people.

I didn't face this issue in East Asia, Europe or America.

I also heard everything in India works through corruption.

Depends on what kind of business you were trying. If you are seeking a third party vendor, chances of clean business improve dramatically. If you trying to establish a local entity and interact with bureaucracy, then chances are you have to indulge in paying bribes.

 

[SpArK]

And I'm happy for you that all this is happening.

But the points that I raised, are also real problems. I hope with the advancement in education and overall prosperity among Indian people, I won't have to face such issues anymore during my next visit.

Starting a small or medium sized business is still a nightmare. but as someone pointed out it depends on the region , the respective state government's policy and attitude.

 

[Roybot]

Inspite of all these hues, money has been flowing in manufacturing sectors, share markets, automobile, IT, infrastructure, agri business, aerospace and defence sectors, retain, entertainment and consumer goods and continuing to do so.

So we are not complaining.

Think about how much more investment India would get if it wasn't for endless maze of corruption and bureaucracy.

India needs to streamline the process of starting a business.

I was surprised to see Bangalore and other South Indian cities in the bottom half of the list. I expected it to be the other way round.

Economy Rankings - India - Subnational Doing Business - World Bank Group