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Bangkok Post

Business

Business closures rise by 12.5% in first half

A total of 7,024 businesses ceased operations in the first half of this year, up 12.5% year-on-year, with total registered capital of 98.9 billion baht, an increase of 224%, according to the Department of Business Development (DBD).

The sectors with the highest upticks for closures were general construction with 671 closures and registered capital of 1.64 billion baht; real estate with 400 closures and registered capital of 4.21 billion baht; and electrical installation with 89 companies and registered capital of 124 million baht.

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