Business and Industry

Poland Wins World Bank Kudos for Improving Business Environment

Everything from contracts to property rights has been made clearer and easier

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Poland made the greatest improvements in business friendly reforms in the past year, though Singapore still ranked as the world's easiest place to do business, according to a World Bank report released on Monday.

Poland led a rush of business-friendly changes across Eastern Europe and Central Asia, with 88 percent of the countries in the vast region improving business regulations over the year, according to the annual "Doing Business" report from the bank and its private-sector lending arm, the International Finance Corp

Poland, eastern Europe's largest economy, made it easier to register property, pay taxes, enforce contracts and resolve business insolvency, making it the most improved country out of the 185 tracked in the report.