The number of newly registered Thai companies rose 28% year-on-year in March, with combined registered capital skyrocketing by 1,055%, according to a Commerce Ministry report.
Commerce Minister Jurin Laksanawisit said on Wednesday that the number of newly registered businesses in March tallied 9,179, with a combined registered capital of 300 billion baht.
A surge in the amount of registered capital was attributed to the consolidation of telecom and insurance firms, as well as their transformation into public limited companies in the holding and hotel businesses.
The top three new business categories…
