“Doing Business 2011 Report” by World Bank – Taiwan Ranked 33rd in the World, an Advancement of 13 Positions.

In the “Doing Business 2011 Report” released by the World Bank, Singapore has been first on the list for five straight years.  Among the 183 countries covered, Taiwan has advanced from 46th place in 2009 to 33rd this year (2010) – a record high with an improvement of 13 positions.

The Executive Yuan indicated that Taiwan’s ranking continues to move upward for the past three years.  Taiwan ranked 61st place in 2008, up to 46th in 2009, and further leapt to 33rd place in 2010.  This trend reflects Taiwan government’s efforts in improving its business environment.

There is little change for the top 10 countries with respect to global ranking for business environment this year.  Most of the countries in the list are English-spoken ones, including Singapore, Hong Kong, New Zealand, England, U.S.A., Denmark, Canada, Norway, Ireland and Australia.  (2010.11)

Business Environment Ranking in 2011
Ranking in 2011	Economy (by country)	Ranking in 2010
1	Singapore	1
2	Hong Kong	3
3	New Zealand	2
4	England	4
5	U.S.A.	5
6	Denmark	6
7	Canada	8
8	Norway	10
9	Ireland	7
10	Australia	9
16	Korea	19
33	Taiwan	46
79	China	89
Note: The order of ranking for year 2010 was the same as published in 2009.  After removing the item “labor employment” from the evaluation factors, the World Bank has readjusted the ranking for year 2010.  (Source: World Bank)

/DC