New and returning enterprises at record level in 1H

Data for the second quarter and first half of 2022 from the General Statistics Office shows that the number of newly-registered enterprises and those returning to operations neared 117,000 in the first half of the year, a 25.4 per cent increase compared to the same period of 2021. This is the first time the number of newly-established enterprises in the first half of a year has exceeded 100,000.