Thai entrepreneurs rushed to establish new businesses last year, tallying over 85,000, the highest in a decade, with registered capital worth 560 billion baht.
Foreign investment in Thailand reached 130 billion baht in 2023, with the Japanese taking the lead.
This year the number of new businesses is expected to reach 95,000, with foreign investment forecast to exceed 140 billion baht, according to the Business Development Department.
Auramon Supthaweethum, director-general of the department, revealed on Tuesday the number of newly registered businesses totalled 85,300, an increase of 8,812 or 12% from 2022.
Their registered capital amounted to 562 billion baht, representing a 31% uptick year-on-year from 76,488 new businesses registered with a capital of 430 billion baht.
Mrs Auramon said the department projected 82,000 to 85,000 new businesses last…
