Business is mobile, talent moves across the globe, capital flows toward opportunity and companies make investment decisions based on a whole range of factors. That’s why it is important for governments to provide the most competitive business environment they can. Recently CEO Magazine compiled a list from readers of which the best countries to do business in.

In the top 20 of the best countries to do business in, Asian countries like Malaysia which ranks the best, Philippines, Indonesia, Singapore, India, Thailand, Oman and Turkey all feature prominently.

The survey looked such factors a economic stability, government policies, the availability of skilled labour, the strength of institutions, education and research, market potential and trade opens to come up with a ranking for the best countries to do business in. The score in the right column reflects each country’s tally.

1	Malaysia	85.8
2	Poland	85.2
3	Philippines	84.6
4	Indonesia	84.4
5	Australia	84.1
6	Singapore	83.7
7	India	83.6
8	Czech Republic	82.6
9	Spain	81.9
10	Thailand	81.6
11	Oman	80.7
12	Uruguay	80.2
13	Ireland	79.4
14	Netherlands	79.3
15	Finland	78.7
16	United Kingdom	78.4
17	France	78.2
18	United States	78.1
19	Turkey	77
20	Brazil	76