Number of startups climbed in MayThe number of startups edged up 1% year-on-year in May, led by those in the construction and property sectors, as well as restaurants. According to Sorada Lerttharpachit, deputy director -general of Business Development Department, the number of new business registrations totalled 5,942, compared with 5,865 in May last year. On a monthly basis, the figures skyrocketed 134.78% from 15 billion baht in April. For the first five months of this year, the number of new business registrations topped 32,636, up 5% from 31,034 in the same period last year. Nonetheless, the value of registered capital for the period dropped 13% to 102.60 billion baht from 118.28 billion baht.

Source: Bangkok Post June 18, 2019 09:08 UTC