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New firms surge amid Thai recovery

Registrations set to exceed expectations

The restaurant business remained among the top three sectors in the first half of 2023 in terms of new registrations. (Photo: Somchai Poomlard)

New corporate registrations are expected to reach 83,000-90,000 this year, boosted by the increase in foreign tourists and the Thai economic recovery, outstripping an earlier projection of 75,000-78,000, according to the Commerce Ministry’s Business Development Department.

Thosapone Dansuputra, director-general of the department, said his department previously estimated that the number of…

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