Tuesday, September 16, 2008

Despite turmoil, Pakistan pips rival India: Bangkok Post

Despite the rush by entrepreneurs to participate in the growth of the Indian economy, the country with the most attractive regulatory environment in South Asia countries is its arch-rival, Pakistan according to the World Bank.

In Doing Business 2009 politically unstable Pakistan ranked 77th, far behind Mauritius and Maldives which were ranked 24th and 69th respectively, though they offer relatively limited business opportunities.

Among the other countries in South Asia were Sri Lanka (102nd), Bangladesh (110th), Nepal (121st), India (120th), and Bhutan (124th).

The report said that although regulatory reforms in South Asia continued this year, the regulatory burden of doing business was eased the most in four countries - Bangladesh, Bhutan, India, and Sri Lanka - between June 2007 and June 2008.

For more on this article, please click on the following link: Despite turmoil, Pakistan pips rival India: Bangkok Post

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