The Doing Business report provides a global ranking of 175 world economies on the ease of doing business and reforms. The report is co-sponsored by the World Bank and the International Finance Corporation (IFC), the private sector arm of the World Bank Group. - Bangladesh introduced a new land registration act to improve security and reduce corruption in land transactions.
- However, the report finds that the greatest remaining obstacles South Asia are slow courts and rigid labor laws. In Bangladesh, enforcing a simple commercial contract through the courts takes 50 procedures and 1,442 days.
- The report estimates that Bangladesh’s garment exports could earn 30% more if inefficiencies at the port of Chittagong were resolved.
| Category | Global Ranking (out of 175) | | Ease of doing business | 88 | | Starting a business | 68 | | Dealing with licenses | 67 | | Employing workers | 75 | | Registering property | 167 | | Getting credit | 48 | | Protecting investors | 15 | | Paying taxes | 72 | | Trading across borders | 134 | | Enforcing contracts | 174 | | Closing a business | 93 |
More Information on Doing Business in Bangladesh Rankings for Other South Asian Countries:
Afghanistan | Bhutan | India | Maldives | Nepal | Pakistan | Sri Lanka Doing Business Website: www.doingbusiness.org More Information on Doing Business in South Asia Regional South Asia Press Release:
Doing Business 2007: India and Pakistan are Top Reformers in South Asia, but the Region Ranks Last in Pace of Reforms (pdf) Main Press Release:
Doing Business 2007: Business Becomes Easier Worldwide; African Nations Push Through Regulatory Reforms The Doing Business project is based on the efforts of more than 5,000 local experts – business consultants, lawyers, accountants, government officials, and leading academics around the world, who provided methodological support and review. The data, methodology, and the names of contributors are publicly available online at www.doingbusiness.org. | 
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