NEW
YORK, USA, Wednesday October 31, 2012 – St Lucia is the top-ranked CARICOM
country for ease of doing business, according to the 2013 World Bank Doing
Business rankings.
St
Lucia copped the top CARICOM spot for the second straight year, ranking 53rd
worldwide on the list, although that represented a minimal drop from its
ranking of 52nd in the 2012 report.
Puerto
Rico placed highest overall in the Caribbean for the ease of doing business,
coming in at 41st out of 185 countries worldwide.
‘Doing
Business 2013: Smarter Regulations For Small and Medium-Sized Enterprises’,
released last week, explores how business-friendly regulations in each of the
territories are, covering areas from starting a business to resolving
insolvency.
This
year’s 282-page report covered data measured from June 2011 through May 2012.
Coming
in at second in CARICOM was Antigua and Barbuda, which was ranked 63rd overall,
followed by Dominica at 68th, Trinidad and Tobago at 69th, and St Vincent and
the Grenadines at 75th.
The
Bahamas was ranked 77th, ahead of Barbados at 88th, Jamaica at 90th, St Kitts
and Nevis at 96th, and Grenada at 100th.
Belize,
Guyana, the Dominican Republic, and Suriname trailed behind, with Haiti
occupying the lowest ranking in the region at 174th.
Worldwide,
Singapore topped the rankings for the seventh straight year.
Source: Read more:
http://www.caribbean360.com/index.php/news/629791.html#ixzz2AtxbzcQX
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