Poland has been ranked second among the world’s 50 best countries to invest in this year by a business news website.

Malaysia has been "crowned as the best country in the world to invest in or do business for 2018," CEOWorld magazine has reported.

Poland “took silver” among the most attractive destinations for investors and businessmen, the magazine reported on its ceoworld.biz website.

The Philippines was ranked third, followed by Indonesia at No. 4, and Australia at No. 5.

The rankings were based on 11 different factors including corruption, freedom (personal, trade, and monetary), workforce, investor protection, infrastructure, taxes, quality of life, red tape, and technological readiness, according to the ceoworld.biz website.

CEOWorld magazine describes itself as a news site for CEOs, CFOs, senior executives, business leaders, and high net-worth individuals.

(gs/pk)

Source: ceoworld.biz