27.01.2022
27.01.2022 [Fully booked] GTCC connects: Welcome New Year 2022
15.02.2022 [Save the date] GTCC Open Forum 1/2022
21.02.2022 [Save the date] GTCC Joint Chambers Luncheon: Thailand Economic Outlook 2022
22.02.2022 [Save the date] GTCC Executive Breakfast Talk with L&P: "10 common pitfalls in international business and how to avoid them"
24.02.2022 [Save the date] Stammtisch Bangkok 1/2022 @ SIXTYFOUR |
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December exports top forecast, 2022 expects seen up to 3-4% Thailand's exports rose more than expected in December from a year earlier, with full-2021 growth coming at 17.1%, the highest in 11 years, helped by stronger global demand and a weak baht, Commerce Minister Jurin Laksanawisit said on Friday. (Bangkok post, 21/01/2022) More
B1.49tn plan for transport infrastructure The government has unveiled a plan to invest in various megaprojects worth an estimated 1.49 trillion baht this year, to improve Thailand's land, sea and air connectivity.(Bangkok Post, 21/01/2022). More FTI suggests oil price surge will hit recovery The Federation of Thai Industries (FTI) is worried global oil prices may soar to US$100 a barrel, threatening to worsen the inflation rate and economic recovery, now struggling against the impact of Covid-19 in Thailand. (Bangkok post, 20/01/2022) More
Expansion of Suvanabhumi airport begins July Suvarnabhumi airport's 7.8-billion-baht expansion project is expected to begin in July with bidding to choose a contractor, Transport Minister Saksayam Chidchob said.(Bangkok Post,19/01/2022) More
E-commerce growth stunted Thailand posted its smallest e-commerce growth on record during the third and fourth quarters of 2021, attributed to tepid consumption and the reopening of physical shops, says SET-listed Kerry Express Thailand, a major parcel delivery service provider.(Bangkok Post, 17/01/2022) More Joint business group sees limited economic impact from Omicron Thailand's leading business group saw only a limited impact on the country's economy from the latest coronavirus outbreak driven by the highly transmissible Omicron variant.(Bangkok Post, 12/01/2022) More |
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Einschränkungen im Personen- und Warenverkehr Alle Personen benötigen eine Erlaubnis, um nach Thailand reisen zu dürfen. Die Regierung passt die Einreisebestimmungen sowie die Vorschriften im Inland bei Bedarf an. (GTAI, 17/12/2021) Mehr |
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| Companies & Industrial Sectors |
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Banks post improved profits last year The local banking sector reported higher net profit for 2021 thanks to lower loan-loss provisions and improved operating profit, despite challenging economic conditions given the impact of the prolonged pandemic. (22/01/2022) More New contracts have AGE keen on revenue SET-listed coal trader Asia Green Energy (AGE) expects to double its logistics revenue in 2022 after being awarded contracts worth 550 million baht to transport cement and silica sand for three years. (Bangkok post, 21/01/2022) More AAV pulls in B14bn from capital-raising strategy SET-listed Asia Aviation (AAV), the majority shareholder of Thai AirAsia (TAA), completed fundraising of 14 billion baht to strengthen its financial position for a future rebound. (Bangkok Post,19/01/2022) More Binance entry set to change industry Binance's entry into the Thai digital asset industry should increase competition, decrease trading fees and encourage productivity and improvements in service quality, according to leading market participants.(Bangkok Post,19/01/2022) More Mitr Phol invests in food tech startup Meat Avatar Mitr Phol Group, Asia's largest sugar producer, has made a new investment in Meat Avatar Co, a food technology startup, as it diversifies into the plant-based meat business to catch the trend in future food in Thailand and overseas.(Bangkok Post, 18/01/2022) More UOB buys four Citibank retail arms Good asset quality and strong competition in the Thai consumer banking sector are the main reasons United Overseas Bank (UOB) is buying Citibank's retail arms in four Asean markets, says an executive.(Bangkok Post, 15/01/2022) More LH residential projects surge to B29.5bn this year SET-listed developer Land & Houses (LH) plans to launch 15 new residential projects worth a combined 29.5 billion baht in 2022, a 50% leap in launches from last year.(Bangkok Post, 15/01/2022) More Zipmex to launch crypto Visa card and seeks NFT licence Zipmex Thailand is preparing to launch a crypto Visa debit card service and plans to apply for a licence for a non-fungible token (NFT) trading platform this year with the goal of expanding its business in the digital asset industry.(Bangkok Post, 12/01/2022) More ThaiBev allocates B400m for expansion Thai Beverage Plc (ThaiBev) is confident enough in the country's restaurant market to spend more than 400 million baht to expand its food business this year.(Bangkok Post, 10/01/2022) More NT, AIS in partnership talks to develop 10mhz National Telecom (NT) is in talks with Advanced Info Service (AIS) for a new partnership deal that would see the country's biggest mobile operator by subscriber base purchase 10 megahertz of bandwidth on the 700MHz spectrum range from NT. (Bangkok Post, 10/01/2022) More KTB’s bold push into digital Payong Srivanich, President of Krungthai Bank Plc (KTB), has played a key role in integrating plans in digital development and internal infrastructure restructuring.(Bangkok Post, 10/01/2022) More |
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GTCC CONNECTS WELCOME NEW YEAR 2022 |
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First Thai rice shipment delivered using Laos- China railway A first shipment 1,000 tonnes of Thai rice has been delivered using the Lao-Chinese railway to Chongqing, marking a new chapter in exports to China, the Agriculture and Cooperatives Ministry announced on Thursday.(Bangkok Post, 20/01/2022) More
Trading up Ravaged by the fallout from Covid-19, countries in Asia and the Pacific are hoping to revitalise their pandemic-hit economies as the Regional Comprehensive Economic Partnership (RCEP) takes effect to create the world's largest trade bloc. (Bangkok Post, 10/01/2022) More |
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FTI club launches EV component plan The Federation of Thai Industries' (FTI) auto parts club is working to help 2,500 auto parts manufacturers accustomed to producing parts for internal combustion engines (ICE) to shift towards electric vehicle (EV) technology by launching an EV component development plan.(Bangkok Post, 24/01/2022) More Solar startup estimates capacity to treble this year Growing demand for solar energy from households and businesses as a result of new lifestyles transformed by the pandemic is expected to help energy startup Ion Energy Co expand its rooftop solar panel installation capacity from 5 to 15 megawatts this year.(Bangkok Post, 19/01/2022) More SAIC Motor-CP eyes new EV battery factory Thai-Chinese joint venture SAIC Motor-CP, the manufacturer and distributor of MG cars, plans to spend 2.5 billion baht developing a factory to produce batteries for battery electric vehicles (BEVs) and start making BEVs domestically next year.(Bangko Post, 19/01/2022) More Banpu unveils green boat amid EV push Banpu Next Co, the energy technology arm of Banpu Plc, is helping its parent company move closer to its clean energy goal with the debut of an electric boat for use in the tourism sector.(Bangkok Post, 17/01/2022) More Joint venture to support EV production National oil and gas conglomerate PTT Plc and its power generation arm Global Power Synergy Plc (GPSC) have formed a joint venture in the battery supply chain to support PTT's electric vehicle (EV) production.(Bangkok Post, 13/01/2022) More
Misubishi joins state’s ‘green hospitals’ initiative The government campaign against carbon dioxide emissions is gaining momentum, with Mitsubishi Motors (Thailand) becoming the latest to work with health and energy officials to build "green hospitals" by installing solar panels at community hospitals nationwide.(Bangkok Post, 12/01/2022) More |
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Energy for All scheme faces even more delays The Energy for All renewable scheme faces yet another setback as the Energy Regulatory Commission (ERC) cited force majeure to postpone the signing of power purchase agreements (PPAs) between the government and companies who won an auction last year.(Bangkok Post, 22/01/2022) More
IEAT slashes expense to lure investors The Industrial Estate Authority of Thailand (IEAT) is trying to attract more investors to its four industrial estates by waiving or reducing their expenses, as part of efforts to stimulate domestic investments and drive steady growth this year.(Bangkok post, 21/01/2022) More
Commerce plans export promotions The Commerce Ministry looks set to organise 152 export promotional activities and ramp up mini free trade agreements (mini-FTAs) with potential trading partners to stimulate export growth of 3-4% this year.(Bangkok Post, 19/01/2022) More |
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| Legal / HR / CSR / Education |
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State sees no urgent need to cut excise tax on diesel The government insists the state Oil Fund still has sufficient funding to subsidise retail diesel prices until March 31 and sees no urgent need to cut the excise tax on diesel. (Bangkok Post, 24/01/2022) More
Government to plug ‘Wellness Sandbox’ The government is set to promote Hua Hin and Cha-am as Thailand's “Wellness Sandbox” to attract health-conscious tourists from around the world. (22/01/2022) More
VAT payment of e-service tax beats estimates The number of foreign online platform operators registering to pay value-added tax (VAT) in Thailand has increased to around 120 following enforcement of the e-service tax law last year, says Ekniti Nitithanprapas, director-general of the Revenue Department.(Bangkok post, 22/01/2022) More
OIC rejects bid to cancel lump sum Covid payments The Office of the Insurance Commission (OIC) unanimously ruled against revoking an order that bans insurance companies from cancelling Covid-19 lump sum payments, saying it would be unfair to the policyholders.(Bangkok post, 20/01/2022) More
Mazars talk on “New tax laws and tax benefits 2022” Mazars invites you to Mazars talk on “New tax laws and tax benefits 2022” via the Mazars in Thailand’s Facebook live on 27 January at 11.30 am – 12.30 pm. More
“There’s nothing wrong with having a gap between jobs” by Tom Sorensen You might find yourself between jobs because that was what you wanted, and it was your own decision to take a break. More |
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| Important update on Covid-19 |
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More Covid-19 insurance options for foreign tourists Foreign tourists are likely to have more insurance options to cover hospitel and hotel isolation expenses in Thailand as the government is trying to solve the problem of Covid-infected tourists refusing to pay for medication or running away from hotels.(Bangkok Post, 24/01/2022) More
4th phase of co-pay subsidy scheme approved The fourth phase of the Finance Ministry's "Khon La Khreung" co-payment subsidy was approved by the cabinet, government spokesman Thanakorn Wangboonkongchana said. (Bangkok Post, 24/01/2022) More Test & Go for overseas arrivals to be restored, fine-tuned The Test & Go programme will be reintroduced soon while entry rules under the scheme will be tweaked to allow close monitoring of overseas arrivals' health, said Gen Supoj Malaniyom, head of operations at the Centre for Covid-19 Situation Administration (CCSA). (Bangkok Post, 20/01/2022) More
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GTCC's 60th Anniversay: Our 60 facts #1 This year marks GTCC's 60 Anniversay. We proudly present 60 facts about our chamber as part of several celebratory activities. Here is the first fact.
GTCC's founding President is Mr. Charoon Sibunruang from Bangkok Trading Co., Ltd.. He had been President four times during 1962-1972. (elected in 1962, 1963, 1964, and 1967). |
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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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BRAINFORCE AG appoints new Country Manager in Thailand The internationally active BRAINFORCE Group, known for its interim management services, is further strengthening its market presence in South-East Asia with the appointment of Michael Berger as the new Country Manager for Thailand. More
Sindhorn Kempinski Hotel Bangkok marks 12 years of Lady in Red Sindhorn Kempinski Hotel Bangkok celebrates the 12th anniversary of the iconic Lady in Red programme, joining every Kempinski hotel around the world in commemorating this embodiment of Kempinski elegance and style in service. More
Samitivej Hospital Update on Covid-19 Testing In light of the recent surge of Covid-19 cases since the beginning of the year, Samitivej would like to share information on testing, isolation and treatment. More
Indorama makes foray into Vietnam with NN deal Indorama Ventures' expansion bid to Vietnam through the stock acquisition in Ngoc Nghia Industry-Service-Trading Joint Stock Company (NN) is expected to be completed in the first half of this year.(Bangkok post, 13/01/2022) 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 Jamie Brennan Max Anujorbhand
Mr. Atit Koirala
Chamber Representative Uwe Heitzmann |
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Chamber Representatives Bernd Clauss Rujira Saardsre
Chamber Representative Supreeda Lertsuwanroj |
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Exclusive offer: 25% off on Sunday Jazzy Brunch |
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Condition: Present GTCC member card upon arrival
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Business platform Spielwarenmesse Digital launched Spielwarenmesse Digital brings together the worldwide industry, virtually. This new platform is offering a comprehensive live programme for all participants. Alongside a wide range of communication tools, it also offers the trade a compact overview of trends and innovations. Buyers can register at digital.spielwarenmesse.de/en. Tickets can be obtained via the website. See more information HERE.
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HANNOVER MESSE 2022 rescheduled to 30 May - 2 June 2022 "Due to the continuing high incidence in Germany and many neighboring countries, we decided together with our exhibitors to reschedule HANNOVER MESSE. Right now we cannot predict if the Covid situation will be better by April, so the new date offers our customers the greatest possible planning security so that they can present their innovations at the world’s most important industrial trade show," said Dr. Jochen Köckler, CEO of Deutsche Messe AG. See more information HERE. |
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Change of date: BIOFACH and VIVANESS 2022 to be held from 26 to 29 July 2022 This new summer date for the gathering of the international organic food and natural and organic personal care community has been set in order to meet multiple requests from registered exhibitors and enable all participants to plan with confidence. The decision to postpone the trade fair pairing and the accompanying BIOFACH and VIVANESS Congress this year was taken on a one-off basis in close consultation with the exhibitors. See more information HERE. |
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Coronavirus: Current information on trade fairs in Germany In some federal states it is possible to organise trade fairs. In Baden-Württemberg, Saxony and Thuringia events are currently prohibited, in other federal states upper limits apply for participants. Until March 2022, a total of around 65 trade fairs are planned, including 27 with international or national significance. More |
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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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