Kenya ranked position 108 in World Bank Ease of Doing Business report

Singapore remains the easiest place to do business, while developing countries stepped up their pace of business-friendly reforms in the past year, according to a World Bank report published Tuesday.

Singapore, the dynamic Asian city state, held onto its business-friendly top ranking from last year in the "Doing Business 2016": Measuring Regulatory Quality and Efficiency" report, which covers 189 economies.