Low rating for credit conditions brings down Taiwan’s overall ranking. Poor performance in one category — regarding legal rights in obtaining credit — has dragged down Taiwan’s overall rating in the World Bank’s recently released 2020 Doing Business survey of 190 countries and economies. In the latest edition, Taiwan fell back two places from last…
Taiwan rose to 13th place in the 2019 Doing Business report. Taiwan moved up two notches from last year to rank No. 13 in the World Bank’s recently released 2019 Doing Business survey. It passed Estonia, Finland, and Australia but came in behind the United Arab Emirates, which soared all the way from last year’s…
Taiwan dropped one notch on the World Economic Forum’s Global Competitiveness Report, from 14th to 15th place, due to lagging innovation and shortcomings in terms of business sophistication. It was Taiwan’s worst showing in the report since the 2008 financial crisis when it placed 17th. The report evaluates 140 economies on 114 factors across 12…
