Jump to content








  • Topics

  • Latest posts...

    1. 563

      Frozen in time: British expats losing out on pensions in Thailand

    2. 6

      Unsafe at work: Thai experts sound the alarm on Mental Health Day

    3. 53

      Are Older Men in Thailand Trading Love for Financial Ruin

    4. 51

      Bangkok Suffers Severe Smog as PM2.5 Levels Soar Amidst Heat Wave

    5. 87

      Why is Russia such a cesspool?

    6. 95

      Form 7162 Anybody Received Theirs Yet for 2024?

    7. 0

      Has my sex tourist friend found a loop hole?

    8. 2,667

      ICE vs EV, the debate thread

    9. 68

      Thai Hostages Still Missing a Year After Hamas Attack

    10. 563

      White Culture

    11. 0

      Florida Law Enforcement trying to protect the innocent,ain’t easy!

    12. 87

      Why is Russia such a cesspool?

    13. 34

      Tm47 online submission "rejected"

    14. 19

      Will White Women Shift Away from Republicans to Support Kamala Harris in 2024?

Big Rise In Company Registrations Expected


Recommended Posts

Big rise in company registrations expected

BANGKOK: -- The Commerce Ministry expects a double-digit increase in the number of company registrations next year following the global economic recovery and growth spurred by the Asean Free Trade Agreement (Afta).

Deputy Commerce Minister Alongkorn Ponlaboot said yesterday that Afta and the Asean-China FTA should play an important role in driving growth of business registrations next year.

"The trade, service and investment liberalisation should stimulate Thai and joint-venture companies to register in the country. Enterprises will see more opportunity to do business here," said Alongkorn.

The Business Development Department reported that com-pany registrations had drop-|ped by 4.13 per cent this year |due to the global economic meltdown. Only 41,009 companies registered in Thailand during the year, while 15,746 firms shut down operations, down by 5.04 per cent from 2008.

Although a great number of businesses closed down last year, many new firms are likely to be launched in 2010 following the global and Thai economic recoveries, he said.

New businesses likely to be registered next year will mostly be involved in construction and property development to cash in on the government's Thai Khemkhaeng project, which is focused on infrastructure development.

In addition, to increase efficiency in facilitating business growth, the department has |drawn up a plan to modernise its business registration service by becoming an e-department next year.

"The department's service |quality should improve next |year. At present it is ranked 12th in the world in its efficiency as |a business facilitator," said Alongkorn.

To facilitate business registration and encourage entrepreneurs, the department has set up an institute and academy to educate new enterprises.

It will also modernise some business laws and regulations such as the Foreign Business Act to promote growth of new businesses next year, he added.

nationlogo.jpg

-- The Nation 2009-12-31

[newsfooter][/newsfooter]

Link to comment
Share on other sites


Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...