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<blockquote data-quote="chamika123" data-source="post: 839743" data-attributes="member: 49101"><p>Sri Lanka getting worse... </p><p></p><p>--------------------------------------------------------------------------------</p><p></p><p>COLOMBO, Sept 26, 2007 (AFP) - High taxes and red tape are eroding confidence in Sri Lanka, one of the worst places to do business in South Asia, a study by the International Finance Corporation (IFC) showed Wednesday.</p><p></p><p>The research which ranked 178 countries around the world on trade, taxation, business start-up costs, labour laws and legal procedures placed Sri Lanka at 101, a worsening of its position from 89th in the past two years.</p><p></p><p>Some South Asian neighbours did better in their overall rankings, with the Maldives ranked 60 and Pakistan 76.</p><p>__________________</p></blockquote><p></p>
[QUOTE="chamika123, post: 839743, member: 49101"] Sri Lanka getting worse... -------------------------------------------------------------------------------- COLOMBO, Sept 26, 2007 (AFP) - High taxes and red tape are eroding confidence in Sri Lanka, one of the worst places to do business in South Asia, a study by the International Finance Corporation (IFC) showed Wednesday. The research which ranked 178 countries around the world on trade, taxation, business start-up costs, labour laws and legal procedures placed Sri Lanka at 101, a worsening of its position from 89th in the past two years. Some South Asian neighbours did better in their overall rankings, with the Maldives ranked 60 and Pakistan 76. __________________ [/QUOTE]
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