HONG KONG, April 01, 2009
/24-7PressRelease/ -- Three of the home countries of Zetland Fiduciary Group offices have been ranked in the top five of the world's freest economies, according to The Wall Street Journal and The Heritage Foundation's report, the 2009 Index of Economic Freedom.
Hong Kong is home to Zetland Fiduciary Group principal office, and was again ranked as the world's freest economy. It scored 90 out of a possible 100 points, with the world average standing at 59.5 points for 2009. The region ranked first in trade freedom, financial freedom and investment freedom. It also ranked in the top ten for property rights, monetary freedom and business freedom.
Zetland also has offices in Singapore, which retained its second place position, and New Zealand, which came in 5th place.
Hong Kong's Financial Secretary, John C Tsang, believes that the regulatory environment is critical in this ranking. "We provide a business-friendly environment where all firms can compete on a level playing field and establish an appropriate regulatory regime to ensure the integrity and smooth functioning of a free market", he said.
Jason Weatherhead of Zetland believes the ranking shows that Zetland puts its money where its mouth is. "Zetland recommends each and every one of the jurisdictions it operates in to customers - Wall Street's report shows that we have made excellent choices regarding our bases, and that our customers have profited from that".
The report ranks 179 of the world's economies on ten key factors.
About Zetland Fiduciary Group:
The Zetland Fiduciary Group - http://www.zetland.biz - provides the offshore investor with fiduciary Services, investment management and corporate advisory services, offering personal service and professional advice with total confidentiality.
For more information please contact:
Jason Weatherhead
Zetland Fiduciary Group
Email: jason@zetland.biz
Website: http://www.zetland.biz
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