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 launched "The ocean of tomorrow " call for research proposals. Oceans cover about 70% of the Earth's surface, but human activity is increasing environmental pressure on them.
more »
The EBRD is stepping up its support to the real economy in Georgia with new funds for on-lending to local businesses.
more »
Lithuania’s Ambassador to Germany and Special Representative for EU External Relations in the German Foreign Office discussed the situation regarding the decision of private credit insurance company in Germany Euler Hermes to apply the rating of a maximum risk country for Lithuania.
more »
Peter Reiniger Business Group Director for Central Europe and the Western Balkans from the European Bank for Reconstruction and Development visited Latvia to sign subordinated loan agreement with Parex banka.
more »
The European Commission has approved 16 programmes in 12 Member States to provide information on and to promote agricultural products in the European Union.
more »
New measures to help farmers through recession as milk prices tumble.
more »
Federal Reserve Chairman Ben Bernanke said the outlook for the long-suffering U.S. economy appears to be improving.
more »
The Swiss Government and the EBRD are providing €11.8 million to improve the supply of water to some 1 million people living in Bishkek, the capital of the Kyrgyz Republic.
more »
The Neighbourhood Investment Facility (NIF), a key instrument of the intensified European Neighbourhood Policy (ENP), will benefit in 2009 from a €70 million contribution by the European Commission.
more »
In response to the impact of the global crisis on the Romanian construction sector, the EBRD is supporting Lafarge Ciment (Romania) S.A. with a €20 million loan in Romanian lei to finance the company’s operations and to support its working capital requirements.
more »