Somkid sees leap in ranking for ‘ease of doing business’

WEDNESDAY, OCTOBER 26, 2016
Somkid sees leap in ranking for ‘ease of doing business’

Deputy Prime Minister Somkid Jatusripitak is confident that Thailand’s global ranking for the ease of doing business will leapfrog that of many other economies next year if the country continues to clear away stumbling blocks.

He made the remark Wednesday in response to a World Bank report released on Wednesday, which sees Thailand’s ranking for the ease of doing business being upgraded three places to 46th.
 Somkid added that the upgrade could influence the Kingdom’s competitiveness ranking, as rated by the IMD World Competitiveness Centre and the World Economic Forum.