Monday, March 4, 2024
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Sultanate fares high in business regulation

The Sultanate performed highly in regulation and ranked second globally with a score of 8.8 out of 10 in the Canadian conservative think tank Fraser Institute’s recent Economic Freedom Index report.

Under the regulations category, Brunei scored 8.8 and stood in fourth globally in labour market regulation and eighth place in business regulation (8.2).

Globally, the Sultanate ranked 59th out of 165 economies in the Index based on for 2020 data, the most recently available.

More details on Weekend’s Borneo Bulletin