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

 

 

 

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What they do not say is the number businesses that fail  

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

Quote

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

Now that's a good basis to throw numbers around

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

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.