JUMP IN NEW FIRMS

TUESDAY, AUGUST 15, 2017
JUMP IN NEW FIRMS

The number of newly registered firms jumped 22 per cent year-on-year to 5,979 in July, led by new players in the construction business following launch the government's mega projects, according to the Department of Business Development.

For the first seven months of this year, newly-registered firms totalled 41,921, up 14 per cent year-on-year, on the back of economic and export recoveries as well as improved tourism, said Banjongjitt Angsusingh, DBD director-general.
As of the end of July, construction firms led in the number of new companies.