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News Forum - Thailand sees more businesses go bankrupt over past 7 months


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The Business Development Department (BDD) under the Commerce Ministry revealed yesterday that more than 7,500 businesses in Thailand went bankrupt in the past seven months. The number of bankruptcies increased by 24% compared to the same time last year while the number of new businesses is also expected to decrease said the BDD. BDD Director Tossapon Tangsuboot made public business registration statistics in Thailand in July of this year, and in the past seven months from January to July, and they don’t look good. Some 5,858 new businesses were created this month, an increase of 12% from June. Most of […]

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