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21 March 2022
 
Upcoming events
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GTCC ORDINARY GENERAL MEETING 2022
24.03.2022

28-29.03.2022

29.03.2022

30.03.2022

27/04/2022
[Save the date] Stammtisch Bangkok 2/2022

28/04/2022
[Save the date] GTCC Seminar “CEO Tells All Series: How HR can become a strategic partner to the CEO”

29/04/2022
[Save the date] GTCC Multi-Chamber Eastern Seaboard Seminar with Mazars in Thailand

29/04/2022
[Save the date] GTCC Multi-Chamber Eastern Seaboard Networking @Renaissance Pattaya
 
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MAZARS IN THAILAND
 
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LUFTHANSA GROUP
 
Economy
Plan aims for 50%renewable by 2050
The government looks set to create a new national power development plan to increase the proportion of renewable energy used to generate electricity to 50% of all energy types by 2050.(Bangkok Post, 18/03/2022) More
 
Newly opened Betong airport spurs high hopes for tourism
Betong airport in Yala officially opens on Monday, raising hope it will revitalise tourism and the economy in the country's southernmost district.(Bangkok Post, 14/03/2022) More 

Oil Fund borrowing limit to rise
The National Energy Policy Committee (NEPC) has resolved to lift borrowing limits of the state Oil Fund to allow for management flexibility and approved guidelines to address surging fuel prices. (Bangkok Post, 10/03/2022) More 
 
State vows to expedite EEC projects
The government vows to accelerate key investment infrastructure projects in the Eastern Economic Corridor (EEC) and pledges to ensure transparency and fairness to the private sector.(Bangkok Post, 10/03/2022) More
 
Economic Factsheet
UPDATE Magazine
Financial Advisory: Mazars in Thailand
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GTAI
Kleine Schritte zur Kreislaufwirtschaft
Thailand hat seine Ziele bei der Entsorgung von Abfällen noch nicht erreicht. Die Kreislaufwirtschaft soll eine Wende einleiten. (GTAI,15/03/2022) Mehr
 
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HÄFELE (THAILAND)
 
Companies & Industrial Sectors
Bright future projected for Thai jewelry exports this year
The Gem and Jewelry Institute of Thailand (GIT) has forecast a bright future for Thai precious stone exports in 2022. The positive projection came after data showed January exports reached $767.48 million, a leap of 50.89% from the previous month. Jewelry contributed to 3.61% of Thai exports in January.(NNT, 14/03/2022) More

NIA in push for new deep tech, BCG startups
The National Innovation Agency (NIA) wants 100 deep tech startups in the country by 2025, with 65 of them engaged with the bio-, circular and green (BCG) economy in line with the government's promotion of the economic model.(Bangkok Post, 11/03/2022) More 
 
Online Thai store launched in Taiwan
The Commerce Ministry is scheduled to open a new online outlet called TOPTHAI Store on Taiwanese e-commerce platform PChome Store on March 29 to tap Taiwanese buyers, focusing initially on fashion and bio-, circular and green (BCG) products.(Bangkok Post, 11/03/2022) More 
Bluebik to invest B100m in M&A deals
MAI-listed Bluebik Group, a strategic and digital tech consultancy, aims to invest 100 million baht in merger and acquisition (M&A) deals as well as joint venture partnerships this year to catch the surging wave of digital transformation services.(Bangkok Post, 11/03/2022) More

NT resumes search to secure new chief
National Telecom (NT) will launch a second attempt to find a president next week with the process expected to finish by May, as the state telecom enterprise faces a host of challenges and is expected to rack up 10 billion baht in losses this year.(Bangkok Post, 10/03/2022) More 

T&B preps NFT and metaverse projects
T&B Media Global (Thailand), a Thai media and entertainment company, is joining hands with multiple Thai and international partners to develop the ADOT NFT platform and the Translucia Metaverse project as a supporting ecosystem for the utility token Crown Token (CWT).(Bangkok Post, 09/03/2022) More 
 
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GTCC MULTI-CHAMBER SEMINAR "DESIGN & CONSTRAINTS" 
 
Thailand & ASEAN
Krungsri goes digital in the Philippines
Bank of Ayudhya (Krungsri) is launching digital banking in the Philippines through a joint venture with SBC (Security Bank Corporation), reaffirming its vision of becoming a regional bank.(Bangkok Post, 17/03/2022) More 
 
Asean economic ministers optimistic on upgrading pacts
The Asean Economic Ministers (AEM) group wants to upgrade existing free trade agreements (FTAs) and accelerate the enforcement of the Regional Comprehensive Economic Partnership (RCEP) trade pact among all members, aiming to revive the regional economy amid the Covid-19 crisis.(Bangkok Post, 16/03/2022) More 
 
ADB: Covid erases 9 million jobs in Southeast Asia
The Covid-19 pandemic obliterated 9.3 million jobs in Southeast Asia as lockdowns hit the region’s traditional engines of growth such as hospitality and tourism, according to the Asian Development Bank (ADB). (Bangkok Post, 16/03/2022) More 
 
Myanmar to accept baht for border trade transactions
Myanmar will start accepting the baht for settling border trade transactions and is also looking at a similar plan to use the Indian rupee for such trade, the ministries of information and investment said on Tuesday.(Bangkok Post, 15/03/2022) More 
 
Laos power plant deals in the pipeline
Developers and operators of four hydroelectric power plants in Laos will sign power purchase agreements with energy policymakers in Laos and Thailand within May under a plan to promote more renewable energy.(Bangkok Post, 15/03/2022) More 
 
PTTEP to operate Myanmar gas field after TotalEnergies exit
Thai oil and gas giant PTT Exploration and Production Plc said on Monday it would take over operations of the Yadana gas field in Myanmar from July following the exit of France's TotalEnergies.(Bangkok Post, 14/03/2022) More 

Sky Tower buys 67% of QROI in the Philippines
Thailand's telecom and electric tower manufacturer Sky Tower Plc (STOWER) has acquired 67% of the Philippines' telecom implementation service company QROI Network Service Inc for 126 million baht.(Bangkok Post, 08/03/2022) More 
 
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GTCC YOUNG PROFESSIONALS NETWORKING EVENING
 
Green Technology
SPCG allots B3bn for EEC solar plants
SET-listed SPCG, a pioneer in solar farm development in Thailand, continues to expand its solar energy empire by acquiring land to build new renewable power facilities in the Eastern Economic Corridor (EEC).(Bangkok Post, 19/03/2022) More 

Trio endorse trial of EV parcel deliveries
Mitsubishi Motors (Thailand), Thailand Post and PTT Oil and Retail Business Plc (OR) have signed a memorandum of understanding to study battery-powered electric vehicles (BEVs) for parcel deliveries.(Bangkok Post, 10/03/2022) More 
 
Bilateral Business
German giant joins packaging showcase
Messe Dusseldorf Asia has teamed up with the Thai Printing Association, the Thai Packaging Association and the Thai Corrugated Packaging Association to host the international trade exhibition "Pack Print International 2022 and Corrutec Asia 2022" in October.(Bangkok Post, 11/03/2022) More 
 
Legal / HR / CSR / Education
Mazars Talk on AGM
24 March 2022, 11.30 – 12.30 hrs. Companies are required by law to hold an AGM. You can avoid a penalty for not holding an AGM by listening to Mazars Talk and finding out more about the AGM checklist. More

Tax waiver set to boost startup funding
The government's recent approval of a capital gains tax waiver for startup investors is expected to drive funding for local startups up to 320 billion baht over four years and create more than 400,000 jobs, says the Digital Council of Thailand (DCT).(Bangkok Post, 17/03/2022) More 
 
The Rise of Phased Retirement
Plenty of older workers have wished for something between full-bore work and retirement. Now, more companies seem to be giving them what they want.(Bangkok Post, 17/03/2022) More 

Welfare card registration set to commence in July
The Finance Ministry will open a new round of registration for state welfare cards in July, said deputy finance minister Santi Promphat.(Bangkok Post, 10/03/2022) More 
 
State slashes excise tax on fuels used by Egat
The cabinet on Tuesday approved cutting the excise tax on diesel and bunker oil used to generate electricity by the Electricity Generating Authority of Thailand (Egat) to zero in a bid to lower electricity bills for six months.(Bangkok Post, 09/03/2022) More 
 
Thailand approves relaxed tax rules for digital assets
The cabinet on Tuesday relaxed tax rules for investments in digital assets to help promote and develop the industry following a surge in cryptocurrency trading in Southeast Asia's second-largest economy.(Bangkok Post, 08/03/2022) More 
 
Important update on Covid-19
Race to end restrictions
After plaguing Thailand for two years with physical and economic ailments, the Covid-19 pandemic is expected to be downgraded to an endemic from July 1, marking a significant step towards full economic recovery.(Bangkok Post, 21/03/2022) More 
 
Pre-travel Covid tests for arrivals lifted from April1
The Centre for Covid-19 Situation Administration on Friday resolved to discontinue the requirement that visitors pass a pre-travel Covid-19 test, from April 1, but testing on arrival will continue.(Bangkok Post, 18/03/2022) More 

For more updates, please follow us on Facebooktwitter, LinkedIn and website
 
GTCC News
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GTCC's 60th Anniversary: Our 60 facts #5
Since 1962, GTCC has relocated its office for 5 times.
  • The first office (1962-1964) was at 35 Suriwong Road on the first floor, with the monthly rent fee of 500 THB for the space of 25 sq.m in 1962.
  • The second office (1964-1972) was located on 331 Silom Road.
  • The third office (1972-1999), in the picture, was on the 6th floor of Kongboonma Building, Silom Road, opposite to Narai Hotel.
  • The fourth office (1999-2017) was at 25th Floor of Empire Tower. 
  • Our current office has been at AIA Sathon Tower since 2017. 
 
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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. 
 
Member News
WHA makes move into health tech
WHA Corporation, Thailand's largest developer of built-to-suit logistics facilities, plans to launch a digital healthcare service with cooperation from Samitivej Hospital as it ventures into healthcare technology.(Bangkok Post, 19/03/2022) More 

Thaivivat offers AI tech startup, inspection app
Thaivivat Insurance (TVI) has launched Motor AI Recognition Solution (MARS), a deep tech startup, and MARS Inspect, a real-time vehicle inspection application, aiming to achieve total premiums of 10 billion baht by 2024.(Bangkok Post, 17/03/2022) More 
 
B.Grimm hails first private import of LNG
B.Grimm Power Plc (BGRIM) has become the first private company to procure liquefied natural gas (LNG) for Thailand, following an agreement with national oil and gas conglomerate PTT Plc to use its LNG receiving and regasification facility in Rayong.(Bangkok Post, 16/03/2022) More 
 
Thai Union launches biodiversity scheme
Seafood producer Thai Union Group has teamed up with the Sustainable Fisheries Partnership (SFP) to further improve transparency in the company's supply chains and consider wider impacts on biodiversity. (Bangkok Post, 16/03/2022) More 
 
GTCC members' promotions 
Check out GTCC members' special offers on accommodation, restaurant / food delivery, and other services. More
 
New Members
Chamber Representatives
Glenn Durkin
Nutthapol Rintakul

Chamber Representatives
Andreas Krause
Ulf Reinhardt

Chamber Representatives
Won Suk Kim
Narongchan Boontam

Chamber Representatives
Rasmegh Srisethi
Deepankar Suresh Panjabi

Chamber Representatives
Edouard Demptos
Heekyung Chung
Chamber Representatives
Vittavat Phonphaisan
Walaitip Suetrongmunkong

Chamber Representatives
Klaus Feidrich Heinrich Puehmeyer
Christopher Feidler

Chamber Representatives
Dieter Ruckenbauer
Yasuhiro Yoneyama

Mr. Marcel Kruger

Mr. Sascha Funk

Chamber Representatives
Mario Zerbe
Nutpatsorn Zerbe
 
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Exclusive offer: 
50% off on Softa-Gel for 2nd piece
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Validity: 
Now - 12 April 2022

 
Obituary
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Bayer Thai's Founder: Mr. Charn Charnchainarong (1930 - 2022) 
GTCC is deeply saddened by the passing of Mr. Charn Charnchainarong at the age of 92. Mr. Charn as the founder of Bayer Thai in 1962, was highly recognised and respected by colleagues for his valuable contribution. His great vision and legacy will always remain as a memory. We would like to extend our deepest condolences and sympathy to his family and Bayer Thai.
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Mr. Stefan Bürkle (1967 - 2022)
We are deeply saddened by the passing of Mr. Stefan, GTCC Executive Director 2008-2011 and Deputy Executive Director 1999-2007. Our deepest condolences go out to his family and friends. Mr. Bürkle will always be remembered for his commitment and diligent support to GTCC members and the chamber that contributed to the successful development of GTCC.  
 
Trade Fairs
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Thailand joint stand by GTCC at BIOFACH 2022 Summer Edition
26–29 July 2022, Nuremberg Germany
The world´s leading trade fair for organic food, combined with VIVANESS: International trade fair for natural and organic personal care will take place as a ‘summer edition’ from 26–29 July 2022. GTCC is organising Thailand joint stand in cooperation with Thai Organic Trade Association (TOTA) to assist Thai companies in participating in these shows. Come and experience the full diversity of the organic community onsite in Nuremberg. 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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Exhibitors and Visitors at Trade Fairs Can Enter Germany
Trade fair participants from abroad can enter Germany, if they provide proof of vaccination, recovery or a negative test upon entry. All quarantine and registration obligations no longer apply. As for vaccines, Germany only recognizes full vaccination with Pfizer, AstraZeneca, Moderna, Janssen and Nuvaxovid (Novavax). More
 
AHK network news
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Sustainability is becoming increasingly important for German companies abroad, but many issues remain unresolved
According to a survey conducted among member companies of the German Chambers of Commerce Abroad (AHK) in Autumn 2021, two-thirds of the surveyed companies stated that they deal with sustainability issues even if they themselves are not (yet) affected by any particular aspect of regulation. More
 
Contact Person
Chadaphan Maliphan

Publication and Communication Manager
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GTCC Privacy Policy
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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