In its “2023 Thailand Investment Report” published on Friday, the department cited data from its DataWarehouse+ platform that 29% of new businesses were set up in Bangkok (25,120 companies), while the rest 71% (60,180 companies) were in other provinces.
The Central region recorded the highest number of new business registrations at 17,581 companies (20.61%), followed by the South (11,675 companies, 13.69%), the East (10,948 companies, 12.83%), the Northeast (8,942 companies, 10.48%), the North (8,604 companies, 10.09%), and the West (2,430 companies, 2.85%).
The department said all regions saw increasing new business registrations in the past year, except for the Northeast.
The report said the top three businesses that saw the highest number of new registrations in Thailand were: property, building construction, and restaurants.
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