07/09/2022
08/09/2022 13/09/2022
14/09/2022
15/09/2022
21/09/2022
22/09/2022
23/09/2022
23/09/2022
28/09/2022
29/09/2022 [Save the date] GTCC Members Exclusive Site Visit 3/2022: FPT Food Process Technology Co., Ltd.
29/09/2022 [Save the date] GTCC Stammtisch Bangkok 3/2022
05/10/2022
For more events, please click HERE |
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GTCC YOUNG PROFESSIONALS NETWORK EVENING |
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Headline inflation meets forecast in August, may have peaked Thailand's headline inflation rate in August rose slightly from the previous month to a 14-year high, in line with the forecast and reinforcing expectations of a further interest rate hike later this month. (Bangkok Post, 04/09/2022) More
Economy to grow up to 3.5% this year, finance minister says Thailand's economy is expected to grow 3% to 3.5% this year, with a slow but steady recovery as the crucial tourism sector picks up and exports remain good, Finance Minister Arkhom Termpittayapaisith said at a business forum on Wednesday. (31/08/2022) More
Govt will continue to subsidize energy prices, says finance minister The government will continue to use tax measures to subsidize high energy prices throughout this year, with the aim of easing the high cost of living, Finance Minister Arkhom Termpittayapaisith said on Wednesday. (Bangkok Post, 31/08/2022) More
Unemployment lowest since start of outbreak Thailand's unemployment rate in the second quarter of the year was the lowest since the pandemic broke out in early 2020, a clear sign the economy is recovering from the pandemic's impact, says a senior official of the National Economic and Social Development Council (NESDC). (Bangkok Post, 29/08/2022) More
Revenue collection likely to exceed B2.4tn target The government's revenue collection in fiscal 2022, which ends on Sept 30, is expected to beat the target by 40-60 billion baht, says Krisada Chinavicharana, permanent secretary for finance. (Bangkok Post, 29/08/2022) More
Exim offers small firms export boost Export-Import (Exim) Bank of Thailand has launched a project to encourage small merchants or individuals to enter the export business, says president Rak Vorrakitpokatorn. (Bangkok Post, 29/08/2022) More |
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| C-suite barometer 2021 in APAC |
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Arbeitsmarkt Thailands Arbeitsmarkt ist in Bewegung. Unternehmen stellen wieder ein. Die Herausforderungen bleiben aber die alten. (GTAI, 5/09/2022) Mehr
Arbeitskräfte gesucht, aber nicht leicht zu finden Viele Unternehmen in Thailand fahren ihre Fertigungen und Dienste wieder hoch. Qualifizierte Fachkräfte waren schon vor Covid-19 rar. Nun sind auch Hilfskräfte knapp. (GTAI, 5/09/2022) Mehr
Lohnkosten Die Löhne in Thailand steigen nur langsam. Gehälter von IT-Fachkräften legen indes exorbitant zu. (GTAI, 5/09/2022) Mehr |
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GTCC MULTI-CHAMBER EXECUTIVE BRIEFING AND NETWORKING WITH L&P |
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| Companies & Industrial Sectors |
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67 industrial estates set to be flood-proofed Ayutthaya: The Industry Ministry has ordered an immediate review of anti-flood measures around 67 industrial estates nationwide, several of which remain seriously at risk of being inundated again some 11 years after the massive floods of 2011. (Bangkok Post, 04/09/22) More
Local fuel consumption up 13.5% y/y Domestic fuel consumption for the first seven months grew by 13.5% year-on-year for all kinds of fuel except kerosene, according to the Department of Energy Business. (Bangkok Post, 30/08/22) More
New luxury hotels to soar in Bangkok Riverside locations on Charoen Krung Road and the Sathon-Rama IV area have become the hot zones in Bangkok where a large number of new luxury hotel rooms are projected to open in 2023-25, according to property consultancy Colliers Thailand. (Bangkok Post, 29/08/2022) More
Thai industry left at the altar Heightened geopolitical tensions are tipped by some analysts and economists to trigger a spillover effect, with one possibility the relocation of industries to this region, including Thailand. (Bangkok Post, 29/08/2022) More
Governor seeks backing for BTS extension fares The Bangkok Metropolitan Administration (BMA) will ask the Bangkok Metropolitan Council (BMC) to back a new fare structure for extensions of the BTS Green Line. (Bangkok Post, 29/08/2022) More
Thailand’s Central Group finalises acquisition of luxury retail chain Selfridges Thailand’s Central Group and Signa Holding have finalised their deal acquiring luxury retailer Selfridges Group from the Canadian Weston family. (Thaiger, 23/08/2022) More |
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GTCC MULTI-CHAMBER EASTERN SEABOARD SEMINAR WITH LUTHER |
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GTCC EASTER SEABOARD NETWORKING |
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Cross-border trade poised to hit B1.80tn Despite slower economic growth in neighbouring countries and zero-Covid measures in China, Thailand's cross-border trade is still expected to grow by at least 5% this year to 1.80 trillion baht, driven by greater demand for gasoline, edible oil, tyres and auto parts. (Bangkok Post, 04/09/2022) More
Central bank upbeat on prospects despite export dip Exports dropped in July, mainly attributed to lower demand from trading partners in line with a riskier global economy, though Thailand's economy continues to see signs of recovery, says a Bank of Thailand executive. (Bangkok Post, 1/09/2022) More
China slowdown means contrasting fortunes for Asia’s exporters China’s economic growth slowdown has triggered a stark contrast in fortunes for its trading partners across Asia, with northern neighbours suffering while economies in the southeast are broadly holding up. (Bangkok Post, 31/08/2022) More
Tackling ASEAN Crime and Justice Challenges ASEAN just celebrated its 55th anniversary on 8 August 2022. We have come a long way from our humble beginning to becoming a force to be reckoned with – the convening power like no other. But we should not be under any illusion that the road ahead is going to be rosy. ASEAN is not without its challenges, especially in the current context of international security and geopolitics and the Covid-19 recovery. (Bangkok Post, 24/08/2022) More |
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[LAST 5 TABLES] GTCC OKTOBERFEST 2022 |
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GTCC BUSINESS & STUDY TRIP to GERMANY “THE FUTURE OF HEALTHCARE” TO MEDICA 2022 |
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Fast-tracking the Bio-Circular-Green economy drive The National Science and Technology Development Agency (NSTDA) says it is ready to support the government’s Bio-Circular Green (BCG) economy policy with its strong potential for science and innovative technology development that has played a significant role in enhancing business value and trade competency, according to NSTDA’s president Narong Sirilertworakul. (Bangkok Post, 25/08/2022) More
Green lending under BoT scrutiny Financial institutions are expected to report their environmental loan strategies and related targets to the Bank of Thailand from next year as the country attempts to transition to a green economy. (Bangkok Post, 24/08/2022) More |
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GTCC BUSINESS & STUDY TRIP TO GERMANY TO EUROTIER 2022 |
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Foreign firms inject B73.6bn Thailand has attracted more than 73 billion baht in foreign investment during the first seven months of the year, government spokesman Anucha Burapachaisri said. (Bangkok Post, 03/09/2022) More
Foreign investment to July up 65% Approved foreign direct investment (FDI) rose 65% to 74 billion baht in the first seven months of the year, from the same period a year earlier, a government spokesman said. (Bangkok Post, 02/09/2022) More
South East Asia -Germany unite to drive a Circular Economy policy in the region The Ministry of Natural Resource and Environment of Thailand and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH organised the regional knowledge exchange titled “Reduce! - From More to Better - Circular Economy for Sustainable Products in Southeast Asia (SEA)”. (Nation Thailand, 1/09/2022) More
Is the 10-year visa attracting Europeans and others to Thailand? Officials in Thailand have been heavily pushing the new 10-year golden visa options for digital nomads and rich expats, with Europeans as a primary demographic, but is it really a big draw? (Thaiger, 30/08/2022) More |
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| Legal / HR / CSR / Education |
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Senate passes 2023 budget bill The Senate endorsed the 3.18-trillion-baht budget bill for fiscal 2023 and suggested local authorities be given more power to collect tax revenues as budget allocations to local authorities under the bill are low. (Bangkok Post, 31/08/2022) More
“Tourism tax” to affect all non-Thais next year Starting next year, foreigners entering Thailand by plane will have to pay an “entry fee” of 300 baht. The so-called “tourist tax” was originally intended for the start of this year, but was delayed to give Thailand’s tourism industry a chance to recover from the pandemic. (Thaiger, 31/08/2022) More
Suspended Thai PM Prayuth says to continue as defence minister Suspended Thai leader Prayuth Chan-ocha said on social media he will continue in his role as defence minister, in his first direct address to the public since a court ordered him to cease his duties as prime minister while it reviews his term limit. (Reuters, 29/08/2022) More
Daily minimum wage to rise by 5% from Oct 1 Thailand’s daily minimum wage, frozen since January 2020, is set to rise by an average of 5% from Oct 1 to help workers cope with inflation that is near a 14-year high.(Bangkok Post, 27/08/2022) More |
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| Important update on Covid-19 |
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Thai Parliament Passes $93 Billion Budget as Outlook Dims Thailand’s parliament approved the nation’s annual budget that seeks to ramp up spending on tackling the Covid-19 outbreak while slashing outlays for defense and education with the government revenue coming under pressure from a worsening growth outlook. (Bloomberg, 5/09/2022) More
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GTCC's 60th Anniversary: Our 60 facts #17 In 1974, The GTCC hosted a joint chamber’s luncheon meeting together with the British and the Franco-Thai Chamber of Commerce for three times throughout the year. The luncheon meetings took place on May 23, August 8, and October 25, respectively. |
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EGS-plan’s new sustainable building project achieved DGNB Gold award EGS-plan was contracted to consult the sustainability concept and supervise the implementation of the new Harn Engineering building in Bangkok. The project was awarded Gold by the German Sustainable Building Council DGNB (Deutsche Gesellschaft für nachhaltiges Bauen). More
Skywave Technologies welcomes Managing Partner and Co-Owner Skywave Technologies is very excited, honoured and proud to welcome Mr. Stefan Molnar as Managing Partner and Co-Owner, effective by September 1st, 2022. More
OIA ground breaking ceremony for another Pandora factory OIA’s subsequent state-of-the-art nature-bound project, “The Forest Factory,” for the world’s leading jewelry producer, Pandora, has been officially inaugurated. The ground breaking ceremony was held in traditional Brahman manner on site in Lamphun. More
GTCC members' promotions Check out GTCC members' special offers on accommodation, restaurant / food delivery, and other services. More |
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Chamber Representative Thomas Janze
Chamber Representatives Achara Jeamthavorn Worawarin Sanpulsup
Chamber Representatives Juergen Kohnen Boris Dykiert
Chamber Representative Youness Tanani
Chamber Representatives Ronnawas Limtrakulthongchai Tamonwan Kanchitakorn
Chamber Representatives Thomas Lang Peter Ruoff
Chamber Representatives Stefan Euchenhofer Tom Prince |
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Chamber Representatives Felix Wittlinger Dr. Marco Barth Chamber Representatives Thomas Ehle Hiromichi Kawada
Chamber Representatives Bruno Rotschaedi Caroline Shen
Chamber Representatives Bjoern Bodenstein Shin Heewon
Chamber Representative Dr. Amnaj Prasitdumrong
Mr. Edgar Wentzlaff
Mr. Per Christensen
Ms. Roseline Nzete |
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Exclusive offers: A complimentary BOI Audit
Validity: Now until 30 September 2022 |
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Conditions: - This offer is applicable for GTCC Members only - Contact thailand@luther-services.com |
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InnoTrans 20-23 September 2022, Berlin InnoTrans is the leading international trade fair for transport technology and takes places every two years in Berlin. Sub-divided into the five trade fair segments (Railway Technology, Railway Infrastructure, Public Transport, Interiors and Tunnel Construction), InnoTrans occupies all 42 halls available at Berlin Exhibition Grounds. A unique feature of InnoTrans is its outdoor and track display area, where everything from tank wagons to high-speed trains are displayed on 3,500 metres of track. More |
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bauma 24-30 October 2022, Munich bauma is the world's leading trade fair for the building industry. The trade fair presents a comprehensive international product range in the area of construction machinery, building material machines, mining machines, construction vehicles and construction equipment. With a view to the future, we offer the international industry a common platform for profitable innovations, cross-border exchange and far-reaching perspectives. More |
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Late trade fair half-time in Germany: Autumn trade fairs begin After the trade fair summer with 140 trade fairs, a trade fair autumn is about to begin for the German trade fair industry. With at least 45 trade fairs, September will be challenging for the 70 trade fair locations and all trade fair trades. There are at least 45 more trade fairs in October, and 40 trade fairs are planned for November: an unprecedented tight cycle, caused by forced postponements, cancellations and bans on trade fairs in previous years. Meanwhile, the uncertainties for the trade fair industry are increasing again due to the explosion in energy prices, inflation and the new corona restrictions currently being discussed. More |
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ASEAN Snapshot 2022 The German Chambers ASEAN Business Council (GCABC), as a #PartnerInASEAN, is pleased to introduce to the fifth edition of the ASEAN Snapshot booklet with a variety of up-to-date charts and infographics about ASEAN economic developments, ranging from demographic, economics, trade and investment information. More |
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AHK World Business Outlook Frühjahr 2022 Der AHK World Business Outlook basiert auf einer Umfrage bei den Mitgliedsunternehmen der Deutschen Auslandshandelskammern, Delegationen und Repräsentanzen (AHKs). An der Befragung im März/April 2022 haben mehr als 4.200 deutsche Unternehmen, Niederlassungen und Tochtergesellschaften sowie Unternehmen mit engem Deutschlandbezug teilgenommen. Mehr |
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Export Business Guide - Eigentumsvorbehalt bei Warenlieferungen ins Ausland Die vorliegende 11. Auflage des Export Business Guide zeigt das Rechtsinstitut des Eigentumsvorbehaltes in 80 Ländern auf. Mehr |
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ASEAN Insights 2022 07. September 2022 in der IHK Düsseldorf Südostasien wird zunehmend als „Ausweichmarkt“ zu China für Unternehmen interessant. Welche Potentiale bietet ein Produktionsaufbau in ASEAN? Wie lassen sich Vertrieb und Sourcing in Südostasien gestalten? Welche Trends beschäftigen die pulsierende Region aktuell? Diese und viele andere Informationen bieten „ASEAN Insights 2022“ sowie die anschließenden individuellen Beratungsgespräche mit den Vertretern der Auslandshan-delskammern. Mehr |
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Asien-Pazifik-Forum Bayern 13. September 2022, Nürnberg The 15th Asia-Pacific Forum Bavaria will shed light on your opportunities for sales, sourcing, investment and innovation. The conference program explains the reorganization of the global economy and supports participants in strategy development. The German Chambers of Commerce Abroad in Asia will offer individual consultations and more than 20 exhibitors will present their Asia-Pacific services in the form of a small trade fair. More |
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APK 2022 13–14 November 2022, Singapore The Asia-Pacific Conference of German Business (APK 2022) aims to provide a platform to deepen the dialogue on current economic developments in Europe and the Asia-Pacific region as well as to build and strengthen personal and economic ties. The 17th APK will be co-chaired by the APA-Chairman, President and CEO of Siemens AG Roland Busch and the Vice Chancellor and Federal Minister for Economic Affairs and Climate Action Robert Habeck. More |
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Chadaphan Maliphan
Publication and Communication Manager |
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