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05/10/2022
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20/10/2022 [Save the date] STCC Multi-Chamber Networking Night
21/10/2022 [Save the date] Multi-Chamber Eastern Seaboard Networking by AmCham
25/10/2022
3-4/11/2022
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GTCC MULTI-CHAMBER TRAINING |
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KResearch maintains Thailand GDP growth projection for 2022 at 2.9% And Kasikorn Research Center projected a range of 3.2-4.2 per cent for 2023; hopes pinned on tourism to mitigate impacts of economic recession among Thailand's partners. (Nation Thailand, 29/09/2022) More
Borrowers hit as rates increase again The Bank of Thailand on Wednesday raised the policy rate by 0.25 percentage points to 1%, in a bid to tame high inflation amid an uneven economic recovery. (Bangkok Post, 29/09/2022) More
MPC raises key policy rate in bid to tame impact of inflation on economic growth The Monetary Policy Committee (MPC) further raised the policy interest rate by 25 basis points to 1.00 per cent per annum with immediate effect. (Nation Thailand, 29/09/2022) More
WTO chief: World economy edging into recession The head of the World Trade Organization (WTO) added her voice to a growing chorus of observers who see the global economy headed into a recession. (Bangkok Post, 28/09/2022) More
Public debt plan given nod The cabinet on Tuesday approved the public debt management plan for fiscal 2023, says Finance Minister Arkhom Termpittayapaisith. The new plan focuses on fiscal policy to increase economic growth via investment in infrastructure and dealing with the economic impact from volatile global oil prices and the Russia-Ukraine war, he said. (Bangkok Post, 28/09/2022) More
World Bank forecasts Thai GDP growth at 3.1% this year Thailand's economy is expected to grow 3.1% this year, higher than a forecast in June of 2.9%, supported by private consumption and exports, the World Bank said on Tuesday. (Bangkok Post, 27/09/2022) More |
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Neues Langzeitvisum für Thailand ab September 2022 Ausländische Staatsangehörige, die bestimmte Kriterien erfüllen, können nun ein "Long-Term Resident"(LTR)-Visum für Thailand beantragen. Dazu zählen hochqualifizierte Fachkräfte. Mehr |
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| Companies & Industrial Sectors |
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Thailand remains 43rd in global innovation index Thailand stayed put at 43rd out of 132 economies in the Global Innovation Index 2022, released by the World Intellectual Property Organization, while the country's gross expenditure on R&D (GERD) financed by business and exports of creative products tops this year's ranking. (Bangkok Post, 03/10/2022) More
BGH forecasts steady growth Bangkok Hospital (BGH) expects Thailand's medical and wellness businesses to record gradual growth in the post-Covid-19 period. (Bangkok Post, 30/09/2022) More
MPI expands 14.5% amid reopening, export growth Thailand's Manufacturing Production Index (MPI) increased by 14.5% year-on-year to 99.28 points in August, and rose by 3.71% from July, thanks to export growth and the reopening of the country. (Bangkok Post, 29/09/2022) More
Automation on the rise: Survey Three in five of the organisations in Asia Pacific plan to scale up robotic process automation (RPA) initiatives or achieve enterprise-wide automation deployment by 2025, according to a survey by UiPath, a New York-listed automation software company. (Bangkok Post, 29/09/2022) More
Little impact from weak forex on inbound tourism The global decline in currencies has not had a significant impact on Thailand’s inbound market as the rates were comparable with a weakened baht, while those ready to travel are mostly high-income earners. (Bangkok Post, 29/09/2022) More
Smart visa scheme to now cover 18 targeted industries The cabinet has approved a move to expand the smart visa scheme to cover 18 targeted industries from the original 13, Prime Minister’s Office spokesman Anucha Burapachaisri said on Tuesday. (Nation Thailand, 29/09/2022) More
New business registrations rise 33 per cent year on year in August More than 7,400 new firms were registered in August, a sharp 33 per cent increase year on year, the Business Development Department said on Wednesday. (Nation Thailand, 29/09/2022) More
Cabinet approves THB3.85bn for new Siriraj building linking two train stations The Cabinet approved a budget of 3.85 billion baht for Siriraj Hospital to build a special medical treatment building linking two electric railway stations. (Nation Thailand, 29/09/2022) More
Factory output rises 14.52 in Aug, beats forecast Thailand's manufacturing production index (MPI) in August rose a more than expected 14.52% from a year earlier, helped by an easing of Covid-19 curbs. (Bangkok Post, 28/09/2022) More
Shopee to cut jobs in Thailand amid economic challenges E-marketplace company Shopee is pursuing fresh job cuts in Thailand, albeit a low single-digit reduction of its headcount in the country, as part of its efforts to attain profitability and weather economic challenges. (Bangkok Post, 27/09/2022) More |
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GTCC TAX SEMINAR & NETWORKING |
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GTCC-GIZ KICK-OFF CONFERENCE ON GREEN HYDROGEN |
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Baht leads declines among weak Asian currencies Most Asian emerging currencies slipped on Thursday, dragged by a strong dollar, with the baht leading losses following a recent rate hike that market participants say was not enough to fight Thailand's 14-year high inflation levels. (Bangkok Post, 29/09/2022) More
Plunging markets spur new intervention warnings across Asia After some of the most dramatic declines in global financial markets since the Federal Reserve began lifting borrowing costs six months ago, authorities in Asia are stepping up efforts to prevent a downward spiral. (Bangkok Post, 29/09/2022) More
Measures tightened amid trade circumvention fears The Foreign Trade Department has tightened measures regarding the issuance of a certificate of origin (CO) on Thai products at risk of circumvention by foreign companies. (Bangkok Post, 28/09/2022) More Bridging the gap Finance Minister Arkhom Termpittayapaisith recently said while Thai trade was disrupted by the pandemic over the past two years, cross-border trade endured, attributed to expanding connectivity with nearby countries. (Bangkok Post, 26/09/2022) More |
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[FULLY BOOKED] GTCC OKTOBERFEST 2022 |
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Rules for clean energy providers The Energy Regulatory Commission (ERC) is preparing to select companies qualified to sell "clean electricity" to the government. (Bangkok Post, 03/10/2022) More
Manufacturers call for rejig of clean energy laws Manufacturers want the government to amend laws to allow them to produce and sell electricity from renewable energy sources in order to reduce dependence on expensive fossil fuels, in line with the global clean energy trend, says the Federation of Thai Industries (FTI). (Bangkok Post, 01/10/2022) More
Growing Asia's EV ecosystem Asia's electric-vehicle market is poised for growth. Those who approach the challenges and opportunities with an ecosystem view can create significant value for thei business - and the global climate. (Bangkok Post, 30/09/2022) More
What role for Thailand in China's great European EV invasion? Just over a month ago, China’s top electric-vehicle (EV) maker BYD announced its first overseas factory, in Thailand. The company has bought 96 hectares (237 acres) at a Rayong industrial estate. (Thaiger, 30/09/2022) More
EV subsidy by month's end The Excise Department will start paying a subsidy by the end of this month on the first lot of 500 electric vehicles (EVs) that consumers purchase from EV manufacturers participating in its subsidy measure to support the EV sector. (Bangkok Post, 27/09/2022) More |
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State urged to meet EV investors' needs The electric vehicle (EV) industry will become a key economic engine for Thailand if the government is able to attract foreign investors looking for new investment destinations, according to WHA Corporation Plc. (Bangkok Post, 30/09/2022) More
Germany and Thailand unite their efforts to promote sustainable and clean transport in Thailand the Office of Transport and Traffic Policy and Planning (OTP), together with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH celebrate their successful collaboration in Thailand’s Sustainable Clean Mobility under the implementation of the Facilitating the development of ambitious transport mitigation actions (TRANSfer) project. (Thai German Cooperation, 29/09/2022) More
Evonik, Pörner Group and Phichit Bio Power collaborate on sustainable silica Silica producer Evonik has formed a strategic cooperation with the Pörner Group and Phichit Bio Power to supply sustainable Ultrasil precipitated silica to several tire manufacturers. Under the partnership Phichit Bio Power, which owns rice mills and biomass power plants, will licence Pörner’s technology and invest in a new RHA sodium silicate plant in Thailand. (Evonik, 28/09/2022) More |
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| Legal / HR / CSR / Education |
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Prayut remains PM, court rules tenure ends in 2025 The Constitutional Court rules that Prime Minister Prayut Chan-o-cha's 8-year tenure began on April 6, 2017, when the current charter took effect - allowing him two-and-a-half more years. (Bangkok Post, 30/09/2022) More The case for a common Asean currency It's fair to say there exists a level of social and economic inequality within Asean. (Bangkok Post, 29/09/2022) More
SEC announces lawsuits for 'wash trading' The Securities and Exchange Commission (SEC) is taking legal action against five entities for creating an artificial volume of digital assets on Bitkub and Satang cryptocurrency exchanges. (Bangkok Post, 29/09/2022) More
Longer stays approved during peak tourist season The Cabinet has approved a 45-day stay for tourists entitled to visa exemptions and 30 days for those eligible for the Visa on Arrival program in order to help boost the tourism sector during the travel season. (NNT, 21/09/2022) More |
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| Important update on Covid-19 |
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Free medical care to remain for severely ill Covid patients Covid-19 patients who have severe symptoms can still receive free treatment at any private or state hospital under the Universal Coverage for Emergency Patients (Ucep) Plus scheme after Covid-19 status is downgraded to a communicable disease under surveillance starting Oct 1. (Bangkok Post, 29/09/2022) More
Almost back to normal, says Health Ministry The Public Health Ministry sees the country as almost back to pre-Covid-19 and with adequate health resources to handle any future outbreaks, which are expected to be in the form of small and seasonal waves similar to influenza. (Bangkok Post, 26/09/2022) More
Covid to be excluded from banned diseases for visitors The cabinet approved a ministerial regulation to exclude Covid-19 from the list of illnesses that prevent entry to Thailand, deputy government spokeswoman Rachada Dhnadirek said. (Bangkok Post, 21/09/2022) More
Covid set to officially become a “Communicable Disease Under Surveillance” The Royal Gazette Website published two Public Health Ministry announcements that would remove Covid-19 From the list Of “Dangerous Communicable Diseases” and list it among “Communicable Diseases Under Surveillance” from October 1. (Nation Thailand, 21/09/2022) More
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GTCC's 60th Anniversary: Our 60 facts #19 14 years after the Chamber’s registration, the trade balance between Thailand and the Federal Republic of Germany became positive for Thailand for the first time in 1975. |
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WHA turns to digitalisation in bid to become tech firm WHA Group, a developer and provider of industrial estates, logistics, utilities and power, as well as digital platform services, aims to become a tech company by 2024 by making the most of technology to digitalise the firm and better serve its customers. (Bangkok Post, 30/09/2022) More
Allianz Ayudhya grabs HR Asia Best Companies to Work for in Asia 2022 for the second year in a row HR Asia, the region's leading HR magazine, recently hosted an award ceremony at the Bangkok Marriott Marquis Queen's Park Hotel. The decision was based on employee representative opinion surveys on various aspects of corporate relations. More
Kimpton Maa-Lai Bangkok breaks a GUINNESS WORLD RECORDS™ title for the largest Negroni cocktail Kimpton Maa-Lai Bangkok announced its title as the newly crowned creator of the largest Negroni cocktail - 633.65 litres at a ceremony attended by a GUINNESS WORLD RECORDS adjudicator. 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 Ian Pascoe Ratna Wright
Chamber Representatives Nigel Tovey Luca Dotti
Chamber Representatives Jan Rohweder Boris Dykiert
Chamber Representative Narit Direkwattanachai
Chamber Representatives Michel Maeusli Gopinath Chikathor |
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Chamber Representatives Anthony Rossi Porrada Pengsombat
Chamber Representative Naphat Honda
Chamber Representatives Clive Nagington Thurdsak Thongsanta
Chamber Representative Punnavit Teerawatananont
Chamber Representatives Jananya Srisawas Seiji Sakurai |
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Exclusive offer: 15% Discount on products |
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Validity: Now until 31 December 2022 Condition: This promotion is applicable for German-Thai Chamber of Commerce only. |
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EuroTier 15-18 November 2022, Hanover, Germany EuroTier is the leading international trade fair for professional animal farming and livestock management. The leading innovation platform of the global animal production industry offers an overview of innovations and established standards. It provides answers and solutions for current and future challenges. More |
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BIOFACH CHINA 17-19 November 2022, Nanjing, China BIOFACH CHINA is the daughter show of BIOFACH in Germany, which is the world's largest organic trade fair hosted by NürnbergMesse GmbH. Over the past 14 years, BIOFACH CHINA has fully integrated domestic and international resources into one of the few professional B2B organic trade platforms in Asia with the international perspective. 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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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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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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