The Commerce Ministry is upbeat about new business registrations this year, driven by e-commerce, herbal businesses, delivery services, and businesses related to computers as consumers change their behaviour and more people work from home.
Sorada Lertharpachit, deputy director-general of the Business Development Department, said new business registrations this year are expected to grow by 13.7% to 72,000, outstripping the 63,340 last year and the department target of 65,000 to 70,000 for this year.
The increase was attributed to changing consumer behaviour and the impact of the pandemic, causing businesses to opt for more online services, delivery, work from home, herbal medicines, and IT management.
The department expects new business registrations in 2022 will stay in a range of 65,000 to 70,000, in line with an expected economic recovery after the government…
