Cambodia’s business rankings edge up
Cambodia improved its ranking for the ease of doing business from 133 last year to 127 in 2015, making marked progress in the number of days and procedures required to start a business, though it is still ranked well below the world average, according to a World Bank study released on 28 October.
The Doing Business 2016 report ranks Cambodia behind most of its fellow ASEAN member states, save for Laos and Myanmar. The critical issue of ease of starting a business continues to register a dismal ranking of 180 out of 189 countries, only a slight improvement from the 184 it placed last year.
