Hong Kong has surpassed Singapore to become the least bureaucratic region in Asia
Published:
4 August 2004 y., Wednesday
Hong Kong has surpassed Singapore to become the least bureaucratic region in Asia, a poll of expatriates working in 12 Asian countries and regions has found, according to Wednesday's China Daily HK Edition.
Hong Kong's rating in beating red tape has leaped significantly from grade 3.11 to grade 1.9.
On the scale of bureaucracy, grades range from zero to 10. Zero is the best possible and 10 the most heavily bound in red tape.
The study was conducted by Hong Kong-based Political and Economic Risk Consultancy Ltd (PERC). The questions were based on how expatriates perceived the civil service in the Asian states in which they worked.
Singapore, rated the least bureaucratic country last year, has also improved but by a lesser degree. Its grade of 2.8 last year improved slightly to 2.5. But it slipped into second place behind Hong Kong.
Other countries and regions covered by the study were India, Indonesia, Japan, Malaysia, the Philippines, South Korea, Thailand, Viet Nam, the Chinese mainland and Taiwan.
Šaltinis:
chinaview.cn
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The European Commission has decided to grant an extension of the deadline for the divestment of Fortis' corporate banking business, consisting of Hollandsche Bank Unie N.V. (HBU), two corporate client departments, 13 "Advieskantoren" and ABN AMRO's Dutch factoring activities to Deutsche Bank.
more »
MEPs will vote on an emergency plan to help the crisis-stricken sector dairy sector on Thursday after the Agriculture Committee approved the Commission's proposal on Monday evening in Strasbourg.
more »
The EBRD is boosting competition in the Montenegrin retail sector with a loan to expand the supermarket network of one of the leading retailers in the country.
more »
Redmond, Wash. — Oct. 16, 2009— On Oct. 19, Microsoft CEO Steve Ballmer heads to the sold-out Microsoft sharepoint Conference in Las Vegas where he will address more than 7,000 sharepoint customers, partners and developers.
more »
Proposals tabled for collaboration on sea surveillance, bigger EU role in global maritime affairs and sustainable fishing.
more »
$50 million financing package for agricultural commodities operator.
more »
Seeking to increase sheet-metal production volumes, Stansefabrikken decided to move all company’s production from Lillesand (Norway) to Stansefabrikken’s successfully operating factories in Lithuania.
more »
The European Economic and Social Committee (EESC) and the European Commission Representation in Finland jointly organise a conference in Helsinki on 22 and 23 October on "The Baltic Sea Region: the best place to work and do business".
more »
Why did economy rise drastically turn into painful decline and what price will every of us have to pay for that?
more »
The economies of central and eastern Europe are expected to contract by an average of 6.3 per cent in 2009 following steep output declines in the first half of the year.
more »