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Message: <blockquote data-quote="cj_ashan" data-source="post: 839530" data-attributes="member: 3973">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.</blockquote>

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