Singapore ranks 2nd in Asia, 18th globally for ease of doing business
Global Business Complexity Index notes shift away from stringent tax audits in Asia-Pacific jurisdictions
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SINGAPORE has come in second in Asia and 18th worldwide on a ranking of the simplest places to do business, beating countries such as India, China and Korea.
The Republic lost out to Hong Kong for the top Asia spot on this year's Global Business Complexity Index, released as part of a report by business administration support services firm TMF Group.
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