Taiwan retained its fourth spot ranking among 50 major countries and territories in the latest Profit Opportunity Recommendation report by U.S.-based Business Environment Risk Intelligence SA.
Finishing behind Switzerland, Norway and Singapore in that order, Taiwan trumped its Asian neighbors South Korea, fifth; Japan, eighth; and China, 21st.
Taiwan's combined score of 65, down two points from the previous edition of the triannual report, earned it a second-best investment rating of 1B, indicating that conditions merit sustained commitment of equity. This was the same for the Netherlands, Norway and Singapore, with only Switzerland achieving the top 1A rating.
Of the three categories comprising the combined score, Taiwan moved up one place to fourth in operations risk. This is on par with India and the Netherlands, trailing only Switzerland, Australia and the U.S. in that order. Concerning political risk, Taiwan finished 18th alongside Ireland, down three positions from the previous report.
Regarding remittance and repatriation risk, Taiwan continued to lead the way globally. It also topped the world in the subindexes of foreign exchange generating ability, foreign debt and international reserves, and finished second in foreign exchange legal framework.
Source: Taiwan Today