Bangkok: The Department of Business Development revealed that in the first two months of 2025, more than 16,000 new businesses were established in Thailand, achieving a new-to-closure ratio of 7:1, the best performance in five years. Foreign investment remains robust, with 181 businesses contributing 35.2 billion baht. Notably, the flower and ornamental plant industries emerged as significant income generators, especially in foreign markets, marking them as standout performers for February 2025. Plans are underway to transition to a completely online registration system by July 1, 2025.
According to Thai News Agency, Mrs. Aromon Sapphathawittham, Director-General of the Department of Business Development at the Ministry of Commerce, reported a decrease in new business registrations in February 2025, with 7,529 registrations, down by 7.14% from February 2024. The total registered capital also saw a decrease to 16,335 million baht. The leading sectors in new business establishments were general building construction, real estate, and restaurants. In the first two months of 2025, 16,391 new businesses were registered, marking a slight decline from the previous year.
Business cessation statistics for February 2025 showed an increase, with 787 businesses ceasing operations. Despite this, the registered capital for these closures decreased. The sectors most affected by business cessation were similar to those leading in new registrations: construction, real estate, and restaurants.
The department highlighted a favorable establishment-to-closure ratio of 7:1 in 2025, a significant improvement compared to the 4:1 ratio in the past five years. This suggests a healthier business environment despite global economic uncertainties.
Foreign investment in Thailand during January-February 2025 showed remarkable growth. A total of 181 foreign entities invested 35,277 million baht, an increase of 68% in entities and 33% in investment value compared to the same period in 2024. Japan, China, Singapore, the United States, and Hong Kong were the top foreign investors. The Eastern Economic Corridor (EEC) attracted 31% of foreign investors, with significant investments from Japan, China, and Singapore.
The flower business, particularly the export of orchids, has seen substantial growth. As of February 2025, there were 2,993 registered entities in this sector, generating significant income and establishing Thailand as a leading exporter, especially to China, Japan, and Malaysia. The industry’s success is attributed to technological advancements and innovation in farming practices.
Mrs. Sapphathawittham announced the upcoming transition to 100% online services for business registration by July 1, 2025. This move aims to streamline processes, with 36% of current users already utilizing online services. A dedicated team will support the transition to ensure a smooth experience for all users.
