Report: Asia-Pacific Business Environment Improves 7.3%
Doing business in APEC member economies continues to get easier, according to a new report, helping to open up trade and growth opportunities in the Asia-Pacific against the backdrop of rising uncertainty.
An analysis of business conditions in APEC economies by the APEC Policy Support Unit reveals a 7.3 per cent improvement over the last two years, boosted by their ambitious ease of doing business initiative being taken forward by economic officials in Port Moresby. The initiative is focused on five priority areas: 1) Getting credit; 2) starting a business; 3) dealing with construction permits; 4) enforcing contracts; and 5) trading across borders.