(1) World Bank on 27 October2015 released Doing Business2016 report. As per the report,the ten economies with themost business-friendly regulatoryenvironments includesSingapore (1), New Zealand(2); Denmark (3); Republic ofKorea (4); Hong Kong SAR,China (5); United Kingdom(6); United States (7); Sweden(8); Norway (9); and Finland(10).