Taiwan ranks 14th in the latest Profit Opportunity Recommendation report released by U.S.-headquartered Business Environment Risk Intelligence SA. (Staff photo/Pang Chia-shan)
 

Taiwan has been ranked 14th out of 50 countries and territories surveyed in the latest Profit Opportunity Recommendation report by U.S.-based Business Environment Risk Intelligence SA.

Scoring 53 out of 100 in the triannual report, Taiwan was ranked with countries including Switzerland, 69; Norway, 67; Canada, 60; Denmark, 59; China,58; the Netherlands, 58;Australia, 57;South Korea, 57; Austria, 56; Finland, 56; Singapore, 56; Indonesia, 55; Germany, 54. It outperformed regional neighbors Japan, 52; Vietnam, 51; Malaysia, 47; and the Philippines, 45.

Taiwan’s 2C ranking was assessed on the basis of its performance in three risk indexes: operations, politics, and remittance and repatriation factors. Switzerland was the only country to earn the top 1A rating, while Norway received the second best 1B rating.

The country’s standout results included third in remittance and repatriation and fifth in operations behind the U.S., Australia, Canada and Switzerland, in that order.

Of the 15 subindexes comprising operations, Taiwan placed second in communications/transportation, labor cost/productivity and professional services/contracts; and third in currency exchange, economic growth and enforceability of contracts.

Of the four subindexes used to calculate remittance and repatriation, Taiwan ranked second in accumulated international reserves and third in foreign debt assessment and foreign exchange generation. (DL-E)