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18 April 2022
 
Upcoming events
18-26/04/2022
E-Election for GTCC Board 2022

26/04/2022
E-OGM 2022 

27/04/2022
[Save the date] OGM Reception 2022 

29/04/2022

29/04/2022

10/05/2022
[Save the date] GTCC Seminar on "Incoterms 2022"

12/05/2022
[Save the date] GTCC Seminar “CEO Tells All Series: How HR can become a strategic partner to the CEO”

17/05/2022
[Save the date] GTCC Open Forum
 
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MAZARS IN THAILAND
 
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HÄFELE (THAILAND)
 
Economy
Government subsidy schemes run past B68bn
More than 68 billion baht has been spent under three government subsidy schemes designed to help reduce the cost of living and stimulate the economy, says a government spokesman. (Bangkok Post, 16/04/2022) More 

Experts expect Asia to weather impact of Russia-Ukraine war despite immediate risks
Economists and analysts have warned that Russia’s invasion of Ukraine would impact Asia’s energy and commodity prices and affect growth more than previously expected, but they still believe the region could handle the crisis in the long term. (The Nation, 13/04/2022) More
 
Consumer confidence plunges again
Consumer sentiment dropped for the third straight month in March, hitting the lowest level in six months, as consumers remain concerned about the spread of the Omicron variant, higher costs of living and the impact of the Russia-Ukraine war. (Bangkok Post, 09/04/2022) More 

LRT airport link ‘ready by 2029’
The light rail transit (LRT) project linking Bang Na intersection and Suvarnabhumi airport is expected to break ground in 2025 with the first-phase operation to be launched by 2029, according to the Bangkok Metropolitan Administration (BMA). (Bangkok Post,09/04/2022) More 
 
Industry sentiment on 2 year high
The Thailand Industry Sentiment Index (TISI) rose to 89.2 points in March, the highest in 25 months, while the mood in April should be improved by the Songkran festival, says the Federation of Thai Industries (FTI). (Bangkok Post, 08/04/2022) More 
 
Economic Factsheet
UPDATE Magazine
Doing business in Thailand 2022
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GTAI
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, 08/04/2022) Mehr

Ukrainekrieg dämpft den zaghaften Aufschwung in Thailand
Der Ukrainekonflikt heizt die Inflation an und belastet die fragile Konjunktur. Die Wirtschaftsbeziehungen zwischen Thailand und Russland sind eigentlich unbedeutend. (GTAI, 25/03/2022) Mehr

 
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GTCC MULTI-CHAMBER EASTERN SEABOARD SEMINAR
 
Companies & Industrial Sectors
TAT eyes B656bn from domestic travel
Domestic tourism receipts for the first quarter this year are expected to tally 135 billion baht from 29.7 million trips, but the Tourism Authority of Thailand (TAT) is still aiming for 656 billion baht in revenue from the segment for the entire year. (Bangkok Post, 08/04/2022) More 

AWC looks to Chaing Mai for expansion
SET-listed Asset World Corp (AWC) is pinning its hopes on a full reopening in the second quarter, focusing on a footprint expansion in Chiang Mai with three hotel projects this year. (Bangkok Post, 12/04/2022) More 

Centara Osaka debut slated for July 2023
Centara Hotels & Resorts has confirmed a July 2023 opening date for Centara Grand Hotel Osaka. (Bangkok Post, 11/04/2022) More 
 
Nok Air offers charter flights to Betong
Nok Air has joined hands with three business allies to provide charter flights from Bangkok to Yala's Betong district for three months starting from April 29. (Bangkok Post, 11/04/2022) More 
 
AIS introduces new report centre against spammers
Mobile giant Advanced Info Service (AIS) has launched Thailand's first free spam call report centre, aiming to protect customers from bad actors while simultaneously boosting its capabilities to investigate cyberthreats. (Bangkok Post, 09/04/2022) More 
 
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GTCC MULTI-CHAMBER EASTERN SEABOARD NETWORKING
 
Thailand & ASEAN
Siam Makro to open two more stores in Cambodia to meet rising demand
The increasing purchasing power of Cambodians is prompting foreign department stores, including Thailand’s Siam Makro Plc, to open more shopping malls in the country, the Thai embassy reported. (The Nation, 13/04/2022) More
 
CKP to build hydropower plant near Luang Prabang
CK Power Plc (CKP), the power generation arm of construction firm CH Karnchang Plc, expects to start building a new hydropower plant near Luang Prabang on the Mekong River in northern Laos as it joins the global trend of focusing more on clean energy. (Bangkok Post, 11/04/2022) More 

Ratch to fund Indonesian expansion through investment by Egat
State-run Electricity Generating Authority of Thailand (Egat) will inject 11.25 billion baht into its subsidiary SET-listed Ratch Group Plc, Thailand's largest private power generation firm by capacity, to increase registered capital and expand investment in Indonesia, a populous country with high energy demand. (Bangkok Post, 07/04/2022) More 
 
CRC, The Parenrice join forces
Central Retail Corporation (CRC) announced a partnership with Singaporean tech firm The Parentinc to enhance CRC's service offerings and strengthen its portfolio in the mother and children's segment. (Bangkok Post, 07/04/2022) More 
 
PTT poised to sell mining business in Indonesia
National oil and gas conglomerate PTT Plc expects to sell its coal mining business in Indonesia within the first half of this year as the company plans to focus more on clean energy and mobility. (Bangkok Post, 05/04/2022) More 
 
Green Technology
TPCH planning to join state programme
TPC Power Holding Plc (TPCH), the renewable energy arm of engineering and construction service provider Thai Polycons Plc, plans to join the state programme to sell electricity to manufacturers who demand more clean energy as part of their production. (Bangkok Post, 12/04/2022) More 

Toyota, Chinese carmakers set to join EV price war in Thailand
Spurred by growing domestic demand for electric vehicles, manufacturers in Japan and China are set to seek government subsidies to cut EV prices in Thailand, according to a Finance Ministry source. (The Nation, 09/04/2022) More

GM and Honda to Co-develop Affordable Electric Vehicles
General Motors Co. and Honda Motor Co. plan to jointly develop a line of affordable electric vehicles, deepening strategic ties as they work to bring costly plug-in technology to the mass market. (Bangkok Post, 07/04/2022) More 

Energy Absolute, MEA, JRW Utility join hands to build EV smart charging stations
To prepare for the future of the Thai automotive industry, three giants — Energy Absolute (EA), Metropolitan Electricity Authority (MEA), and J.R.W. Utility — have joined hands to develop EV smart charging stations to join the drive in making the country pollution-free and environmentally friendly. (The Nation, 07/04/2022) More

Agencies urged to speed up ELV measures
Prime Minister Prayut Chan-o-cha has ordered responsible agencies to speed up offering incentives and measures to encourage motorists to scrap their ageing vehicles in a bid to reduce ultra-fine dust particles known as PM2.5 and tackle ongoing expensive steel prices. (Bangkok Post, 05/04/2022) More 
 
Bilateral Business
BoI okays new incentives for EV charging stations
The Board of Investment (BoI) approved enhanced incentives and conditions on Thursday for investments in charging stations for electric vehicles (EV), a move to accelerate the growth of the domestic EV market and quickly expand related infrastructure. (Bangkok Post, 08/04/2022) More 

Efta free-trade talks edge closer
The Commerce Ministry will seek cabinet endorsement for a proposed negotiation framework for a free-trade agreement (FTA) with the European Free Trade Association (Efta) following a recent public hearing on the matter. (Bangkok Post, 11/04/2022) More 

Bio-plastic industry gets tax incentive
The cabinet has approved an extension of a 25% corporate tax exemption for bio-plastic industry companies in order to promote Thailand as an Asean bio-hub. (Bangkok Post, 06/04/2022) More
 
Legal / HR / CSR / Education
Hua Hin targets wellness market as tourism tries to recover
The resort city of Hua Hin continues to emphasise its position as the country's prime wellness destination to capture demand from high-value tourists, creating a travel niche after two years of pandemic disruption. (Bangkok Post, 13/04/2022) More 

NBTC supports training for people in need
The National Broadcasting and Telecommunications Commission (NBTC) is working with the Department of Skill Development (DSD) and Disabilities Thailand (DTH) to conduct digital skills training for the underprivileged and people with disabilities to support their career opportunities and improve their quality of life. (Bangkok Post, 11/04/2022) More 
 
Important update on Covid-19
Test & Go may be binned soon
The government will next week consider scrapping the Test & Go entry scheme and Thailand Pass registration as it aims to pull in more visitors to help the tourism sector. (Bangkok Post, 14/04/2022) More 
 
Entry to be easier from May
RT-PCR tests for foreign visitors are expected to be replaced by antigen tests from next month in a bid to attract more tourists and revitalise the struggling sector. (Bangkok Post, 09/04/2022) 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 #7
In 1962, the Thai-German Chamber of Commerce (now GTCC) had 57 member companies, comprising German and Thai merchants, and entrepreneurs.
 
Member News
Indorama completes Oxiteno acquisition
Indorama Ventures Plc (IVL), a global chemical company, has fully acquired a 100% stake in Brazil-based Oxiteno S.A. Indústria e Comércio. (Bangkok Post, 08/04/2022) More 

Deutsche Bank expects Thai finance, banking sectors to witness robust growth
This buildup will also support increased cross-border transactions and hedging as local businesses venture overseas, DB’s Alexander von zur Muehlen tells The Nation’s Vitaya Saeng-Aroon in an exclusive interview. (The Nation, 05/04/2022) More 

A Century and a Quarter of Excellence: Kempinski Hotels Marks 125 Years of Timeless Elegance and Beautiful Performances
Sindhorn Kempinski Hotel Bangkok, led by Mr. Adrian Rudin, Vice President Operations – South East Asia and General Manager of Sindhorn Kempinski Hotel Bangkok, recently celebrated Kempinski’s 125th anniversary with a toast to commemorate the special night. More
 
GTCC members' promotions 
Check out GTCC members' special offers on accommodation, restaurant / food delivery, and other services. More
 
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Exclusive offer: 
Industrial Grade 3D Printed Parts at material costs
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Validity: 
Now - 30 June 2022

 
Trade Fairs
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IFAT: World's leading trade fair for water, sewage, waste and raw materials management: 30 May - 3 June 2022, Munich, Germany
The sustainable use of resources and climate protection is the major topic of IFAT Munich. International interest in the world's leading trade fair for environmental technologies remains strong and boasts a high international presence. Relevant key players will present latest products and services on environmental solutions. Core topics include water and sewage treatment and the circulation of water in industrial production processes to zero liquid discharge. More
 
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Insights-X, 5-7 October 2022, Nuremberg
Planning for the seventh Insights-X trade fair is in full swing. After a two-year ‘pandemic break’, the event organised by Spielwarenmesse eG will be back at the Nuremberg Exhibition Centre in the autumn at the ideal time for ordering. Between 5 and 7 October 2022, Insights-X – the only independent trade fair in Germany for the international stationery industry – is going live again. For the forthcoming edition, the organisers will be adding a new platform to complement the physical fair: Insights-X Digital. More
 
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SPIEL '22, 6-9 October 2022, Essen
SPIEL ’22 is the world’s largest is the world’s largest public fair for board, card and role-playing games, where games publishers from all over the world present the latest trends and developments to a broader public for the first time and visitors have the opportunity to try out and buy the new products on site. The SPIEL event hosts the award of both the annual ‘German Games Prize’ and the ‘innoSPIEL’ award for a particularly innovative games idea. More
 
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Corona pandemic and trade fairs
All COVID-19 restrictions will no longer apply at German trade shows. By April 3 at the latest, no more access restrictions such as 3G or 2G regulations, capacity restrictions, distance requirements or masking obligations will apply at trade shows nationwide. Restrictions can now only be provided by the federal states if the state parliament determines a localized, threatening infection situation. More
 
AHK network news
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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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Export Business Guide - Eigentumsvorbehalt bei Warenlieferungen ins Ausland
Im internationalen Warenverkehr können die beim Inlandsgeschäft gebräuchlichen Regelungen abweichen. Nach dem im Internationalen Privatrecht überwiegend herrschenden Prinzip des „lex rei sitae“ gilt mit Übergabe der Ware, die in der Regel im Ausland erfolgt, das Recht des Landes, in dem sich die Ware befindet. Damit richtet sich auch die Frage der anwendbaren Normen, insbesondere die Bestimmungen zum Eigentumsvorbehalt nach den Regelungen dieses Landes. Die vorliegende 11. Auflage unseres Werkes zeigt das Rechtsinstitut des Eigentumsvorbehaltes in 80 Ländern auf. Mehr
 
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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