13.01.2022
21.01.2022 [Save the date] Multi-Chamber Eastern Seaboard Networking by SATCC
27.01.2022 [Save the date] GTCC connects 1/2022: Welcome New Year
15.02.2022 [Save the date] GTCC Open Forum 1/2022 |
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Bank of Thailand sees lower H1 growth due to Omicron outbreak The Bank of Thailand (BoT) said the country's economy could see lower growth in the first half of 2022 than a base case scenario due to uncertainties caused by the Omicron variant of the coronavirus. (Bangkok Post, 10/01/2022) More
Ministry keeps inflation average at 1.5% Despite a sharp rise in the prices of fresh food such as vegetables, pork, eggs, cooking oil, rice and curry, the Commerce Ministry is maintaining its headline inflation forecast in the range of 0.7% to 2.4% (average of 1.5%) this year. (Bangkok Post, 6/01/2022) More
Cabinet okays B3.185tn budget for fiscal 2023 The cabinet approved on Tuesday a fiscal 2023 budget worth 3.185 trillion baht with a deficit of 695 billion. The fiscal 2023 budget is 2.74%, or 85 billion baht, higher than the fiscal 2022 budget, according to government spokesman Thanakorn Wangboonkongchana. (Bangkok Post, 5/01/2022) More
Economic trends of 2022 As the coronavirus pandemic enters its third year, five fundamental factors -- savings and spending, supply chains, digital acceleration, travel, and a growing list of economic risks -- will continue to shape the global economy, according to the Mastercard Economics Institute. (Bangkok Post, 21/12/2021) More
Digital finance to support growth next year - Fin Min Thailand's digital finance will be a major boost to economic growth next year, helping smaller businesses gain more access to credit after a struggle to stay afloat during the pandemic, the finance minister said on Wednesday.(Bangkok Post, 15/12/2021) More |
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| Transfer pricing services in Thailand |
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Branchen manövrieren verschieden durch die Pandemie Viele Branchen in Thailand wachsen ordentlich, weil ihre Ausfuhrgeschäfte kräftig zulegen. Die binnenorientierten Industrien erholen sich zaghaft. (GTAI, 14/12/2021) Mehr
Pandemie verändert Nachfrage nach Medizintechnik Gesundheitsdienste kämpfen erfolgreich gegen Covid-19. Hospitäler verdienen mit Covid-Patienten und investieren in E-Health. Fertigungen von Medizinprodukten werden ausgebaut. (GTAI, 13/12/2021) Mehr |
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| Companies & Industrial Sectors |
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Car producers still optimistic for 2022 The return of foreign tourists is viewed as a positive factor to help auto production reach 2 million units again if the move is carried out smoothly, assuring foreign visitors and Thais the risk of future outbreaks is insignificant, said the FTI club. (Bangkok Post, 10/01/2022) More
Council preps step for gas shortfall The National Energy Policy Council (NEPC) has approved measures to cope with a shortfall of natural gas from the Erawan gas block in the Gulf of Thailand in a bid to secure enough fuel for power generation in the country.(Bangkok post,7/01/2022) More
Industry urged to embrace metaverse Metaverse technology can be applied to the manufacturing sector to improve the efficiency of supply chain management, particularly in the automotive and electronics industries, says Kasikorn Research Center (K-Research).(Bangkok Post, 6/01/2022) More
Exim Bank touts life support for airlines Export-Import (Exim) Bank of Thailand has provided financial assistance to local airlines totalling more than 6.2 billion baht to increase their liquidity and restructure their debt, says bank president Rak Vorrakitpokatorn. (Bangkok Post, 6/01/2022) More
Bitkub eyes overseas crypto expansion after stellar 2021 Bitkub Online, the country's leading digital asset exchange, aims to increase its customer base to 7 million and expand its services abroad this year, starting in Southeast Asia.(Bangkok Post, 5/01/2022) More
Depa, Venture capital funds make investments in Horganice The Digital Economy Promotion Agency (Depa) along with two investment funds have invested in Horganice, a local rental management startup, as part of its dVenture programme aimed at accelerating growth of startups through its public and private network. (Bangkok Post, 21/12/2021) More
SMEs in line for B32bn of BCG-friendly soft loans The Industry Ministry is joining the festive mood by preparing a New Year's gift of 32 billion baht in soft loans, meant to support small and medium-sized enterprises (SMEs) that adopt the bio-, circular and green (BCG) economic model.(Bangkok Post, 18/12/2021) More Meta debut nation’s first metaverse equity fund MFC Asset Management (MFC) will debut "M-META", Thailand's first equity fund with investment in the metaverse, through an initial public offering which runs until Dec 20. (Bangkok Post, 14/12/2021) More
Tech partnership to focus on industry 4.0 The National Electronics and Computer Technology Center (Nectec) is teaming up with the Federation of Thai Industries (FTI) to ensure at least 20% of the country's factories reach Industry 4.0 standards by 2024, from the current level of only 5-6%. (Bangkok Post, 14/12/2021) More |
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THE GERMAN-THAI RAILWAY ASSOCIATION (GTRA) WEBINAR |
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ADB to arrange new Monsoon Wind loan BCPG Plc, the renewable energy arm of mostly state-owned Bangchak Corporation Plc, has selected Asian Development Bank (ADB) to arrange a new 22-billion-baht loan to develop the Monsoon Wind project in Laos into an electricity-generating facility with the largest capacity in Southeast Asia.(Bangkok Post,17/12/2021) More |
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GM,VW Build Up Their Battery Supply Chains Amid EV Push Auto makers are trying to control more of the supply chain for electric vehicles, forging new partnerships with raw materials producers and investing in facilities that make chemicals for batteries. (Bangkok Post, 5/01/2022) More
BAFS plans foray into electric truck venture Bangkok Aviation Fuel Services Plc (BAFS) plans to venture into the production of electric trucks for jet refuelling service as part of attempts to depend less on its core business revenue. (Bangkok Post, 5/01/2022) More
BCP in B1.6bn green pipeline deal Mostly state-owned Bangchak Corporation Plc (BCP) has paid 1.6 billion baht for the right to carry its fuel through a pipeline network overseen by Fuel Pipeline Transportation Co (FPT) to reduce transport costs and support a campaign against climate change. (5/01/2022) More
SKE signs deal to supply SCG Sakol Energy (SKE), a compressed natural gas trader and biomass power plant operator, has secured a long-term agreement to sell refused-derived fuel (RDF) to Siam Cement Group Plc (SCG), marking a significant step in the waste-to-energy (WTE) business.(Bangkok post, 25/12/2021) More
EV charging a deal-breaker Almost three in four Thais don't believe the current electric vehicle (EV) charging infrastructure is adequate, even though there is clearly an appetite among drivers to make the switch to EVs, according to a new survey by ABeam Consulting Thailand. (Bangkok post, 23/12/2021) More
Super to acquire 57.5% stake in KWP for B891m SET-listed Super Energy Corporation (Super) is in the process of acquiring a 57.5% stake in Keyman Wind Power Company (KWP), the developer of the HBF1 wind energy farm project, for 891.25 million baht as it continues its expansion in the power business. (Bangkok Post, 20/12/2021) More
EV serving up greener battery production Energy Absolute Plc (EA), a renewable energy developer and operator, has expanded its electric vehicle (EV) business upstream towards large-scale battery production for buses and saloons, with battery production technology designed to be kinder to the environment. (Bangkok Post, 14/12/2021) More |
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86 WTO members agree on 8 e-commerce articles A total of 86 World Trade Organization member countries and regions, including Japan, the United States and European nations, agreed earlier this month on eight articles regarding electronic commerce, including consumer protection and government data disclosure. (Nation Thailand, 26/12/2021) More
Govt extends investment incentives, eyeing B500bn in 2022 The government on Monday extended an investment incentive scheme to try and bolster the country's economic recovery from the Covid-19 pandemic and said it expects more than 500 billion baht of investment pledges next year. (Bangkok Post, 20/12/2021) More |
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| Legal / HR / CSR / Education |
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Ministry considers tax on share sales The Finance Ministry might slap a tax on share sales by individual investors in the Stock Exchange of Thailand (SET) next year to generate additional revenue, says Finance Minister Arkhom Termpittayapaisith. (Bangkok Post, 17/12/2021) More
SSFs, RMFs gaining ground Super saving funds (SSFs) and retirement funds (RMFs) saw 36% and 8% growth in net inflows, respectively, during the first 11 months this year as investors were attracted by high returns from foreign stocks. (Bangkok Post, 14/12/2021) More |
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| Important update on Covid-19 |
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Drinking curbed in 69 provinces Alcohol consumption in restaurants in 69 re-zoned provinces will be banned starting on Sunday (9 January) as part of a raft of revised government measures to contain the recent surge of Covid-19 infections. (Bangkok Post, 09/01/2022) More
Test & Go suspended indefinitely, 3 more sand box provinces The suspension of the Test & Go no-quarantine programme for air travellers has been extended indefinitely, but three provinces will be added to the sandbox scheme that currently applies only to Phuket. (Bangkok Post, 7/01/2022) More
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GTCC Clean Air Initiative (GTCC CAI) GTCC has launched the “GTCC Clean Air Initiative Series – Green Solutions from Germany" in which GTCC member companies will introduce and promote their technologies, concepts and services regarding the prevention and reduction of air pollution for the markets in Thailand and the Southeast Asia region. The participating companies will also share their suggestions regarding the regulatory framework in Thailand. For details and updates on GTCC CAI, visit GTCC CAI webpage. |
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Results of AHK World Business Outlook Survey – Fall 2021: Thailand The AHK World Business Outlook is based on a survey of member companies of the German Chambers of Commerce Abroad, Delegations and Representative Offices (AHKs). About 50 GTCC members participated in the survey from 24 September to 11 October 2021. More |
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Mazars Talk ‘PDPA’ Are you ready for the PDPA? Countdown to implementation in Mazars Talk via Facebook Live Mazars in Thailand on 12 January 2022, 11.30 a.m. - 12.30 p.m. More
Kimpton Maa-Lai Bangkok Achieves LEED Silver Status Part of a ASEAN First for Siam Sindhorn Kimpton Maa-Lai Bangkok have been certified silver with LEED (Leadership in Energy and Environmental Design) of U.S. Green Building Council (USGBC), certifying their sustainability levels in the famed Langsuan hotel. More
GTCC members win HR Asia Award's Best Companies to Work for in Asia Congratulations to GTCC Members: Allianz Ayudhya, Boon Rawd Group, B.Braun (Thailand), Mazars in Thailand, Mercedes-Benz, and SAP (Thailand) on wining HR Asia Award's Best Companies to Work for in Asia 2021. More
GTCC members' promotions Check out GTCC members' special offers on accommodation, restaurant / food delivery, and other services. More |
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Chamber Representatives Anucha Supan Onuma Kritsanaphan
Chamber Representative Jennifer Kate Vivian
Chamber Representatives John Westoby Supachai Punja-apisith
Chamber Representatives Nicolas Reschke Lutz Mueller |
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Chamber Representative Mathias Reindl
Chamber Representatives Oliver Prpic Pafun Keawkrai
Chamber Representatives Natineeporn Rattanawichai Pitchaya Kittiniyom
Mr. Michael Georg Beck
Chamber Representatives Umaporn Vongpipun Nicha Ruenthip |
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Exclusive offer: 10% discount on STIEBEL ELTRON products (exclude cartridges) |
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Condition: Present GTCC member card when purchase
More details Contact patcha.ki@stiebel-eltron.co.th |
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Spielwarenmesse® Nuremberg, Germany, 2-6 February 2022 Exhibitors, visitors and media representatives will finally get their wish to meet in person again at the world’s most important event in the industry. Trade visitors can only purchase one-day tickets online as there will not be any ticket counters at the event. Admission screening and sanitiser stations will further increase on-site safety. Testing will be offered at the exhibition centre. See updates on safety and hygiene measures HERE. |
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INHORGENTA MUNICH: 11-14 February 2022, Munich INHORGENTA MUNICH, Europe’s leading platform for jewelry, timepieces and gemstones, is the order and communications platform for the industry and reflects the market in all its diversity. It provides a unique combination of individuality, inspiration, and innovation. It offers an in-depth overview of international trends and developments. See detailed information HERE. |
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BIOFACH and VIVANESS 2022 – a sure thing! 15 - 18 February 2022, Nuremberg, Germany The hygiene concept for BIOFACH and VIVANESS is based on the framework hygiene concept for trade fairs and exhibitions valid in Bavaria. The hygiene concept has already proved its worth at all events held on the NürnbergMesse site since September 2021 and has been successfully implemented and accepted. See detailed information and applicable regulations for both exhibitors and visitors HERE. |
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German trade fairs need the option to admit tested participants In view of a recent increase of COVID-19 restrictions, the German trade fair industry is demanding maximum planning reliability for the industry from policymakers at the federal and state level. In addition to those who have been vaccinated and those who have recovered, exhibitors and visitors tested negative must continue to be able to participate in trade fairs. (AUMA, 08/11/2021) More |
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AHK World Business Outlook: Herbst 2021 Ergebnisse einer Umfrage bei den deutschen Auslandshandelskammern, Delegationen und Repräsentanzen. Mehr |
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Chadaphan Maliphan
Publication and Communication Manager |
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In compliance with the EU General Data Protection Regulation (GDPR), please be informed that your personal data (name and contact details) is being stored and used by us to send you our newsletter, invitations to our events and invitations to participate in surveys. We confirm that we will not share your personal data with any other organisation and that you can withdraw your consent at any time by contacting us by email <communications@gtcc.org>. For more information please see our website for our Data Protection Policy. |
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