, Hong Kong

Hong Kong has second best bureaucracy in Asia

Guess who topped the ranking and beat Hong Kong?

The city’s bureaucracy is the second best or most efficient in Asia, according to a report by the Political & Economic Risk Consultancy Ltd (PERC).

Hong Kong was rated 3.53 on a scale of 10, with 10 being the worst.

Singapore, the leader, was rated 2.25. Thailand with a rating of 5.25 took third. India was last on the list of 12 countries.

The rankings from best to worst:

  • Singapore (2.25)
  • Hong Kong (3.53)
  • Thailand (5.25)
  • Taiwan (5.57)
  • Japan (5.77)
  • South Korea (5.87)
  • Malaysia (5.89)
  • China (7.11)
  • Philippines (7.57)
  • Indonesia (8.37)
  • Vietnam (8.54)
  • India (9.21)

PERC is a consulting firm specializing in strategic business information and analysis for companies doing business in East and Southeast Asian countries. Based in Hong Kong, PERC produces a range of risk reports on the countries of Asia, paying special attention to critical socio-political variables like corruption, intellectual property rights risks, labor quality and weakness of individual Asian countries.
 

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

The ChatGPT effect? Investors bet big on deep tech startups 
An expert from Velocity Ventures believes new startups will build their business models on the chatbot.
Hong Kong's Hottest Startups of 2023
Startups with "disruptive applications in the Web 3.0 space" dominate.
Experts rally for change in legal industry’s ‘billable system’ 
A report from UC Hastings College of the Law stated that  "a most-hours-wins system disproportionately disadvantages women partners.”