New business registration is expected to outstrip the government target this year, driven by the country's economic recovery.
Thosapone Dansuputra, director-general of the Business Development Department, said the business sector believes the Thai economy is moving in the right direction, with economic activities returning to normal.
"The department expects new business registrations in 2022 to total 76,000, exceeding the target of 68,000-72,000 and the 63,340 registrations issued last year," said Mr Thosapone.