Singapore No Longer the Easiest Place to do Business

New Zealand is now the world’s easiest place to do business, a new World Bank study found, pushing Singapore out of its decade-long place at the top of the widely followed rankings.

To start a company, applicants in the Kiwi economy only need to undertake a single procedure that takes half a day of processing, versus the global average time of 21 days. New Zealand also took the top spot when it came to dealing with construction permits, registering property, getting credit, and protecting minority investors.

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Craig Erlam

Craig Erlam

Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam