The Nation (23 October 2007)
Due to the recent slowdown in economic growth, new registered businesses dropped 14.5 per cent year on year last month, the Business Development Department reported yesterday.
New registered business numbered 3,309 last month. Of these, 1,414 were registered in Bangkok and 1,895 upcountry. Their combined registered capital was Bt9.56 billion.
Director-general Kanissorn Navanugraha said Siam Kubota Tractor had the highest registered capital last month: Bt1.1 billion.
The three most popular new business were construction contractors at 299, property firms (119) and retail and wholesale construction materials (76).
The department also reported the number of bankrupt companies in Thailand decreased 4.82 per cent year on year last month. Their number stood at 1,265.
Of this amount, 615 companies were located in Bangkok and 650 firms upcountry. The value of registered bankrupt companies totalled Bt11.9 billion last month.
Currently, Thailand has 540,066 registered companies still in operation. The top three businesses operated in the Kingdom are builders, property and other service firms.
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