India
Indian bureaucracy worst in Asia, Singapore best and Thailand in 3rd
Indian bureaucracy is the worst in Asia with a 9.21 rating out of 10, according to a report by a prestigious consulting firm based in Singapore.

Indian bureaucracy is the worst in Asia with a 9.21 rating out of 10, according to a report by a prestigious consulting firm based in Singapore.
India fared worst than Vietnam (rated at 8.54), Indonesia (8.37), Philippines (7.57) and China (7.11), said the report released on Wednesday by Hong Kong-based Political & Economic Risk Consultancy Ltd.
Singapore remained the best with a rating of 2.25, followed by Hong Kong (3.53), Thailand (5.25) Taiwan (5.57), Japan (5.77), South Korea (5.87) and Malaysia (5.89).

Singapore remained the best with a rating of 2.25, followed by Hong Kong (3.53), Thailand (5.25) Taiwan (5.57), Japan (5.77), South Korea (5.87) and Malaysia (5.89).
The report said India’s inefficient bureaucracy was largely responsible for most of the biggest complaints that business executive have about the country.
The complaints included inadequate infrastructure and corruption, where officials were willing to accept under-the-table payments and companies were tempted to pay to overcome bureaucratic inertia and gain government favours, the report claimed.
The report also highlighted onerous and fickle tax, environmental and other regulations that could make business in India “so frustrating and expensive”.
12 Asian countries and their bureaucracy ratings (from worst to best).
- India (9.21)
- Vietnam (8.54)
- Indonesia (8.37)
- Philippines (7.57)
- China (7.11)
- Malaysia (5.89)
- South Korea (5.87)
- Japan (5.77)
- Taiwan (5.57)
- Thailand (5.25)
- Hong Kong (3.53)
- Singapore (2.25)
via Indian bureaucracy rated worst in Asia – World News – IBNLive.
India
RCEP trade deal hits snag over India’s demand
The 16 Asian and Oceanian countries involved in the regionwide RCEP trade deal have decided to delay the conclusion of that deal until next year.

RCEP negotiations hit a snag as India has grown wary of an expected influx of goods from China, with which the South Asian country runs a massive trade deficit.
(more…)India
Thailand woos Southeast Asian tourists with shopping campaign
The programme called “Give Me Five” is set to increase shopping among tourists from Cambodia, Laos, Myanmar and Vietnam (CLMV) along with Indonesia, Malaysia and India.

The Tourism Authority of Thailand (TAT) has launched a new marketing campaign with the hope of luring 200,000 visitors from seven growing markets in Asia.
(more…)India
Marketing and investment strategies in Myanmar, India
To encourage Thai SME operators to enter the international market, the Office of Small and Medium Enterprises Promotion (OSMEP) aims to urge them to invade Myanmar, Cambodian, Chinese and Indian markets.

BANGKOK, 26 July 2019 (NNT) – To encourage Thai SME operators to enter the international market, the Office of Small and Medium Enterprises Promotion (OSMEP) aims to urge them to invade Myanmar, Cambodian, Chinese and Indian markets.
(more…)-
Economics1 week ago
Thailand Tops Bloomberg’s Emerging Markets List
-
Economics4 days ago
96% of Foreign Investors still confident in Thailand says BOI
-
Investment5 days ago
Thailand BOI new measures to boost post-Covid-19 investment
-
Companies5 days ago
Thai Firm to produce 200 million doses of Covid-19 vaccine