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 approved, under EC Treaty state aid rules, an Italian framework temporarily adapting certain existing risk-capital schemes to increase companies' financing possibilities during the current economic crisis.
more »
The European Commission has authorised, under EC Treaty state aid rules, a Maltese measure to help businesses to deal with the current economic crisis.
more »
We're making progress. That's the word from Treasury Secretary Tim Geithner about settling the financial markets.
more »
According to a new report released by NextGen Research, global markets for financial kiosks and enhanced ATMs will grow at a compound annual rate of 9 percent, to include more than 186,000 financial kiosks and nearly 2.5 million ATMs by 2013.
more »
Non-farming Latvians are buying pigs to beat the economic crisis.
more »
Is your money well spent at EU level? Every year, in April, the EP concludes its examination of EU spending for the financial year closed 16 months previously.
more »
In the construction sector, seasonally adjusted production1 decreased by 1.0% in the euro area2 (EA16) and by 2.1% in the EU272 in March 2009.
more »
Between 2000 and 2008, EU27 trade in goods with Russia more than tripled in value, with EU27 exports to Russia rising to 105 bn euro in 2008 from 23 bn in 2000.
more »
The European Commission has launched today a call for proposals covering key energy infrastructure projects such as energy interconnections, offshore wind energy and carbon capture and storage as part of the implementation of the EEPR.
more »
During its plenary session on 13 May 2009, the European Economic and Social Committee adopted a key opinion on responding to the crisis in the European automotive industry.
more »