Number of start-ups rose 10% in June

A booth of a small business operator is seen at the SME Marketplace event held at Central Westgate shopping complex in Nonthaburi province on Dec 1, 2016. (Bangkok Post file photo)

The number of start-ups rose 12% to 6,525 in June from May, led by construction businesses, according to the Business Development Department.

Director-general Banchongchit Angsusingh said on Monday compared to same month last year, the number of new businesses grew 10%.

Total registered capital in June was 40.9 billion baht, up 30% month-on-month and 130% year-on-year, largely thanks to capital-intensive businesses such as transport and logistics, as well as property development.

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