SINGAPORE: An annual index by British think tank, the Economist Intelligence Unit , has once again crowned Singapore as the best country for doing business, marking an impressive streak of 16 consecutive years at the top.
Notably, the report highlighted that these top three nations—Singapore, Denmark, and the United States—are also anticipated to maintain their prime business environments over the next five years. Notable shifts were observed, in the latest rankings that were released on Thursday . Vietnam emerged as the standout performer, registering the most significant improvement in its business environment.Greece, Argentina, and India emerged as the frontrunners in enhancing their business ecosystems. Of these, Greece showcased the most remarkable progress, attributed primarily to the government’s initiatives aimed at bolstering investment promotion measures and implementing tax incentives.