The top three sectors with the highest number of new registrations were general building construction, real estate, and the hotel/restaurant business. The top three industries with the highest number of business closures were also general building construction, real estate, and the hotel/restaurant business. According to Mr Thosapone, June 2023 generated the highest number of new business registrations over the past 10 years (running from June 2014 to 2023), marking six consecutive months of growth. Nevertheless, tourism-related businesses rose by 81.2% in the first half of the year, accounting for 7.99% of all newly registered firms. Additionally, foreign currency exchange businesses saw a 257% increase, likely due to the surge in international travel.

Source: Bangkok Post July 21, 2023 13:54 UTC