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S. Korea Ranks 29th in Terms of Business Environment
Source: world.kbs.co.kr
Source Date: Thursday, November 15, 2012
Focus: ICT for MDGs
Country: Korea (Republic of)
Created: Nov 20, 2012

Business magazine Forbes has listed South Korea as the 29th best country in the world for business.

The country’s ranking went up by two notches from last year.

New Zealand topped the list this year, after coming in second last year, backed by its transparent and stable business environment that encourages entrepreneurship.

Canada, which ranked top place last year, slipped to fifth place this year as it lost ground on innovation and technology.

Denmark ranked second this year, followed by Hong Kong and Singapore.
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