65,000-plus new business registrations expected in 2017

[rooster59]

65,000-plus new business registrations expected in 2017

By PETCHANET PRATRUANGKRAI 
THE NATION

 

NEW company registrations are expected to surge beyond 65,000 next year from about 60,000-65,000 anticipated this year, based on the Commerce Ministry’s positive outlook on economic growth and more efficient management of its business-registration procedure.

 

Banjongjitt Angsusingh, director-general of the Business Development department, said more investors were expected to start new companies next year as a result of the government’s promotional measures such as income-tax exemptions, keeping the value-added-tax rate at 7 per cent, and stronger tourism and export growth.

 

Full story: http://www.nationmultimedia.com/news/business/corporate/30300344

 

 

 

-- © Copyright The Nation 2016-11-19

 

[JoePai]

What they do not say is the number businesses that fail  

[hawker9000]

One born every minute.   Only 459,160 to go.

[jabis]

Quote

based on the Commerce Ministry’s positive outlook on economic growth

Now that's a good basis to throw numbers around

[elgordo38]

I am a 78 year old man and I am expecting. What are my chances???

[Retiredandhappyhere]

Once again, hope and optimism springs eternal!  On the same basis, I am optimistically expecting that my State Pension will increase by 50% next year, but in reality I am expecting to be severely disappointed.