|Ranked By +5 Years||100=Perfect Country||Present Combined Score||+5 Years Combined Score|
According to the Doing Business 2015 Report by the World Bank, Singapore is the easiest place in the world to conduct business
It is partly due to the hassle-free way in which administrative matters are handled. Singapore helps simplify the process of setting up by making it simple to incorporate a company and register for taxes by using the same online form. Forms for construction permits, new workplace safety and healthcare regulations can also be submitted online. In addition, Singapore eased property registration by improving on its computerised system.
Economies are ranked on their ease of doing business, from 1-189. A high of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm, The rankings are determined by sorting the aggregate distance to frontier scores on 10 topics, each consisting of several indicators, giving equal weight to each topic. The rankings for all economies are benchmarked to June 2014.
According to the Global Competitiveness Report 2015 – 2016 by the World Economic Forum, Singapore is the best in Asia in terms of lack of corruption and high government efficiency. It is also recognised for the strength of its goods and labour markets; leading globally in terms of financial market development. The country’s competitiveness is further reinforced by world-class infrastructure with excellent transportation facilities and a strong focus on education that provides personnel with the skills needed for a rapidly changing global economy.
|2017 Asia rank||2016 Asia rank||World University rank 2016-17||University||Country|
|1||1||24||National University of Singapore||Singapore|
|2||= 2||29||Peking University||China|
|4||= 2||54||Nanyang Technological University||Singapore|
|5||4||= 43||University of Hong Kong||Hong Kng|
|6||6||49||Hong Kong University of Science and Technology||Hong Kong|
|7||7||39||University of Tokyo||Japan|
|8||10||= 89||Korea Advanced Institute of Science and Technology (KAIST)||South Korea|
|9||9||= 72||Seoul National University||South Korea|
|10||8||= 104||Pohang University of Science and Technology||South Korea|