House, Government spokesperson reveals the Prime Minister is pushing for the Thai economy to expand continuously in the first 2 months of 2024. Total new company registrations worth more than 45 billion baht, found that E-commerce and EV businesses have grown outstandingly.
Mr. Chai Watcharong, spokesman for the Prime Minister’s Office, revealed that Mr. Settha Thavisin is pushing to solve problems and raise the level of the Thai economy. Until there were 17,270 new company registrations nationwide during the first 2 months of 2024 (January and February), with a total registered capital value of 45,794.41 million baht, an increase of 267 cases or 1.57% by value from the same period of 2023. Registered capital increased by 5,807.51 million baht or 14.52%, reflecting the success of the government from measures to stimulate the Thai economy in 2024 to expand continuously. This is an important factor from the good recovery and clear growth of the tourism sector.
A spokesman for the Prime Minister’s Office said
: Data from the Ministry of Commerce’s analysis of new business registrations in the first 2 months of 2024 found that The top 3 newly registered businesses are general building construction businesses with 1,378 businesses with registered capital of 3,020.09 million baht, real estate businesses with 1,311 businesses with registered capital of 5,275.20 million baht, and restaurant/restaurant businesses with 743 businesses with registered capital of 1,374.09 million baht.
Analysis information It also shows 2 businesses that have registered a significant increase: 1) e-commerce business or internet retail business There were 479 new businesses established, an increase of 116, or 31.96%. Total registered capital was 555.06 million baht, an increase of 137.43 million baht, or 32.91%, due to factors in promoting more Thai e-commerce businesses into the system. 2) Electric vehicle industry business Found increased investment in the electric vehicle industry market from both Thais and foreigners, such as manufactur
ers of electrical control systems. Group of electronic equipment system manufacturers and charging station business group
Spokesperson for the Prime Minister’s Office Added that Government through the Department of Business Development Ministry of Commerce It is expected that in the first quarter of 2024 there will be 23,000 – 27,000 newly registered businesses and 90,000 – 95,000 for the entire year 2024, with increased investment from both Thai and foreign businessmen. with a variety of supporting factors, such as the expansion of private sector consumption Recovery of the export sector Establishment of large public economic infrastructure investment projects (Mega Projects) as well as policies to promote the economy according to the new economic model (BCG Economy Model).
‘The Prime Minister aims to strengthen the potential of the Thai economy. and enhancing factors stimulating competition in the investment market in Thailand through investment promotion measures both promoting proactive investment in ta
rget industries Raise the environment for doing business Attracting highly skilled personnel through visa measures Connecting Thai entrepreneurs into the supply chain in target industries Including raising the level of supporting factors that investors are interested in, such as labor, public health, schools, and environmentally friendly energy. Including implementing policies with vision so that entrepreneurs are confident in doing business in Thailand,’ Mr. Chai said.
Source: Thai News Agency