hellosyam

According to a ranking by MasterCard of the world's top cities in terms of their business performance in the global economy, Seoul is the world's ninth leading center of commerce, and number four in Asia. Tokyo, Hong Kong and Singapore outranked Seoul in Asia.

MasterCard's Worldwide Centers of Commerce Index evaluated the globe's leading centers of commerce by six factors on a 100-point scale.

Seoul received good marks for the scale of its financial markets, for which it ranked sixth in the world and second in Asia, and for knowledge creation and information flow, for which it ranked eighth in the world and second in Asia. Seoul was found to have the world's highest amount of financial derivatives trading including futures and options, the second highest patent output, and the most medical schools in the world.

Seoul ranked 39th in the world and seventh in Asia for ease of doing business. Kuala Lumpur in Malaysia, Johannesburg in South Africa, Prague in Czech Republic, and Budapest in Hungary received higher points in this area than Seoul. Seoul ranked 18th and 19th in legal and political frameworks and economic stability. These three factors are the most important in activating commercial performance, but were weak points for Seoul.