Nonthaburi, July 20 – The Department of Business Development reveals the number of registrations in the first 6 months of 2023. Investors are confident in the Thai economy, pushing the record for setting up new businesses in the first half of 2023, the highest in the past 10 years (2014-2023), such as same, with an increase of 17.33% compared to the same period of the previous year (Jan. – Jun. 22) with a new forecast of registered sales from the original 75,000-78,000 The number of cases is about 83,000 - 90,000 due to the overall economic situation in the second half of the year improving.
The news report from the Department of Business Development has an analysis of business registrations for June 2023 and the first half of 2023, with the number of business registrations in June 2023 with 7,626 new business registrations, an increase compared to the same period. last year, representing 14.49% (June 2022) and an increase from the previous month, representing 2.54% (May 2023), while the registration of business cessation in June 2023 amounted to 1,659, an increase compared to the period same time last year, representing 13.40% and increasing from
The past month (May 2023) accounted for 34.44%.
While business registration in the first half of 2023, there were 47,286 new business registrations, an increase compared to the same period last year (first half of 2022), representing 17.33% and an increase from the second half of 2022. accounted for 30.67%, while the registration of business cessation in the first half of 2023 amounted to 7,097, an increase compared to the same period last year (first half of 2022), representing 18.11%, but decreased from the second half of 2022
accounted for 55.28%
However, the overview of business establishments in June 2023 and the first half of 2023 has increased the number of business establishments. By registering a business establishment in June 2023, it was the highest registration for a new establishment in 10 years in June (June 2014 - 2023) and the highest in 10 years for the 6th consecutive month (Jan. - Jun. 23). ) As a result, the statistics for setting up new businesses in the first half of 2023 was also the highest in the past 10 years (2014 - 2023), with an increase of 17.33% compared to the same period last year (Jan. - Jun. . 65)
It was found that the value of the newly established registered capital in the first half of 2023 increased from the same period of the previous year by 52.76% (first half of 2022) because in March 2023 there was a merger in the telecommunications business and the non-life insurance business. Including converting into a public limited company in the holding and hotel business group
However, an important factor that has supported the number of business registrations to grow in the past is partly from many factors such as the business confidence index that has improved. The number of foreign tourists traveling to the country has increased. As a result, tourism-related businesses tend to grow steadily. In the first half of 2023, the number of business registrations increased by 81.20% from the same period last year, accounting for 7.99% of the total number of businesses established in the first half of the year.
In addition, there are also businesses to watch that grow 2.5 times from the same period last year (the first half of 2022), namely, the foreign exchange business grew 2.57 times (increased by 121), which is expected to be a result of the central bank. In many countries, raising interest rates affects the monetary policy and currency of each country. Coupled with the revitalization of tourism, the demand for currency exchange has increased. And the wholesale business of paddy and grains grew 2.54 times (an increase of 112 cases), which is expected to be a result of the government's BCG Model policy that promotes the reduction of production costs for green rice production. There will be support for production factors and agricultural machinery from the Rice Department. Based on the above factors, the Department of Business Development forecasts that the registration of new business establishments in the second half of the year 2023 is about 36,000 – 43,000 people, making the Department has revised the forecast of registered registrations from the original 75,000-78,000 Income throughout the year 2023 is approximately 83,000 – 90,
Source: Thai News Agency