Country : Thailand is among top thirty ranking in Ease of Doing Business for 2019 News

Country : Thailand is among top thirty ranking in Ease of Doing Business for 2019

According to the annual Ease of Doing Business Report 2019 released by the World Bank Group, Thailand is ranked 27th among 190 economies with overall score of 78.45 points.

 Miss Mara Warwick, the World Bank’s country director for Thailand, Brunei Darussalam, Malaysia, and the Philippines said that “Thailand continues to demonstrate commitment to improving the business climate for private enterprises.” “Thailand made great strides in four areas - starting a business was made less costly by introducing fixed registration fees, getting electricity was made easier by streamlining the number of procedures needed to obtain a new connection, and making electricity tariff changes more transparent, paying taxes became easier through enhancement to the online platform for calculating and filing corporate income tax, and trading across borders was made faster by introducing an e-matching system for electronic cargo control, thus reducing the time for border compliance.

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