New company registrations drop 35% in January from year earlier

THURSDAY, FEBRUARY 27, 2014
New company registrations drop 35% in January from year earlier

The number of new companies registered in Thailand dropped dramatically last month compared with January 2013, mainly because of the impact from the political unrest, the Business Development Department reported.

The number of new registrations decreased 35 per cent year on year to 5,317 companies. However, the figure was 83 per cent higher than December’s.
Value of initial investment capital dropped 27 per cent year on year to Bt29.64 billion, and also decreased 12 per cent compared with December’s value.
 
The Nation