South Korea is the fourth easiest country in the world to do business，… according to a new report by the World Bank.
The country edged up one notch on the 2016 edition of the World Bank′s ″Doing Business″ report.
Fourth is Korea′s highest ever ranking.
In terms of the G20 it ranked first.
And in the OECD it was third.
The finance ministry added that the expansion of the country′s economy， helped Korea receive better results.
The World Bank report ranks one－hundred－89 economies in ten categories， including getting licensing approvals， starting a business， and the ease of trading across borders.
Singapore kept its lead in terms of business environment， followed by New Zealand.
