The number of startup companies has jumped from 300 in 2014 to over 2,500 in 2015 as reported by Bangkok post. The Commerce Ministry of Thailand will invest 96 million baht in 2017 to support the startups development for raising Thai brand awareness. "The Commerce Ministry is introducing MOC 4i: Thai Brand Heroes Programme, aimed at showing and promoting Thai SMEs and startups to become smart enterprises, which embrace new business models that combine innovation, creativity and technology," Mrs Apiradi said. "The programme will be jointly handled by the Business Development Department, the International Trade Promotion Department and the Intellectual Property Department." This programme will support more than 2000 SME’s and startups, focus on food and agriculture, health and wellness, hospitality, and services and lifestyle. Mrs Apiradi claimed Commerce Ministry was committing to proactively strengthening Thailand’s local economy. Therefore, promoting connectivity between farmers and markets and farm technology will be one of the main development projects, other trade in services like health & beauty, digital content, construction, logistics and franchise as well as SMEs and startups are also in their 20-year plan. The policy helps Thailand to be the one of the best countries in the whole of Asia to establish business and make important connections. The nation is one of the biggest rice exporters in the world, tourism, textiles, jewellery and electrical appliances are also major products. A magnificent sixty percent of Thailand’s GDP is made up of exports and different products that are made in Thailand are exported all over the world. With their optimistic labour market (relatively low wage & population), the gateway of Asia geography, mature international language, healthcare service, government support, incentives for foreign investor etc. It may attract more investors from overseas and accelerate the development of innovative business in Thailand. 

Gemini has been established in Thailand since 2004. Growing from strength to strength and with more than a decade of experience in assisting with the recruitment requirements of multiple clients in the country, Gemini continues to offer impeccable services in permanent and temporary solutions to all clients and candidates from its office based in Laem chabang, Chonburi.

Our experienced team of consultants aims to assist our clients to improve profitability and productivity through the right hire of capable people in a variety of disciplines and sectors within the whole of Thailand. Gemini is also capable of providing assistance with the recruitment of local and expatriate staffing, if you are interested in working in Thailand or have any recruitment requirements please do not hesitate to contact our office online or directly.

Source:
http://www.bangkokpost.com/
www.startupinthailand.com