Thailand tops the list of the best countries to start business in 2018 business ranking reports repeating success of the previous year. Malaysia is a runner-up while Mexico comes the third. In the list of the best countries worldwide they come 27th, 34th and 31st respectively.
Interestinly, the best country in the world the second time in a row, according to the report, is Switzerland which climbed to the seventh line of the 'start business' list. It is followed by Canada – the second and eighth best in the two rankings. Number third 'world best' is Germany but it is obviously not the top choice for starting your business in 2018 with only 21st line of the respective rangking.
Best Countries Report has been conducted for the third year by the Wharton School of the University of Pennsylvania and global consumer insights firm Y&R's BAV Group. The ranking reflects the impact the country's brand has on its percieved standing in the world. Totally 80 countries have been chosen to participate in the ranking.
Starting Your Business in 2018? Choose Country Wisely!
News in Asia
Six out of 10 best countries to start business in 2018 are located in Asia. They are Thailand, Malaysia, Indonesia, Singapore, China and India. Five more – the Philippines, South Korea, Vietnam, Sri Lanka and Japan – made it to the top-20.