If you have trouble viewing this in email, please click here |
|
Central bank says it has acted on rapid moves in baht The baht is likely to remain volatile and the central bank has taken action on excessive moves in the currency to help the private sector adjust, the Bank of Thailand said. (Bangkok Post, 04/03/2019) More
NESDC keeping an eye on borrowing The state planning unit is keeping a close watch on rising household debt after debt defaults on personal loans increased at a faster rate. (Bangkok Post, 02/03/2019)More
MPI marks 10-month high Thailand’s manufacturing production index (MPI) in January hit the highest level in 10 months with a 0.2% year-on-year rise to 107.99 points, driven by higher production volume in the automotive, air conditioning and sugar industries. (Bangkok Post, 27/02/2019) More
Exporters worry over baht and minimum wage Exporters are concerned with myriad risks – a strengthening currency, a slower economy and the US-China trade war – pressuring shipments this year, which are projected to grow by 3%. (Bangkok Post, 26/02/2019) More
EEC: The Business Opportunity in 2019 [TMB Analytics] Since late 2018, we have already seen signs of global economic slowdown. Is 2019 a better year? (Bangkok Post, 23/02/2019) More
Trade optimism lifts spirits, SET leads region Recap: Global stock markets rebounded late in the week as investors anticipated a positive outcome of US-China trade negotiations. Thailand led regional peers, helped by gains in consumer and energy stocks and shrugging off a fall in exports in January. (Bangkok Post, 23/02/2019) More
Confidence boost on way for online sale The Bank of Thailand (BoT) will speed up the development of two payment systems it is introducing to boost the confidence of buyers and sellers making social commerce and e-commerce transactions. (The Nation, 21/02/2019) More
Foreign investors flee Thai shares ahead of March election Foreign investors have dumped 10.5 billion baht in Thai equities in seven straight sessions, as worries about potential political instability grip the nation ahead of elections in March. (Bangkok Post, 20/02/2019) More
Baht surges to 5-year high near 31 The baht soared to its highest level against the dollar in more than five years. Analysts expect the local currency to continue marching past the 31-baht mark. (Bangkok Post, 21/02/2019) More |
 |
| Companies & Industrial Sectors |
|
|
Thailand travel strong in January Thailand’s tourist arrivals grew by a slim 4.91% in January with China predictably leading the source markets according to Ministry of Tourism and Sports data released at the weekend. Key European countries demonstrated declines in arrivals, including Germany (-3.5%), France (-2.5%), Finland and Sweden (-10.68%). (TTRweekly, 03/03/2019) More
Thai start-up GET ties up with Indonesia’s Go-Jek GET, an on-demand multi-service platform supported by the Indonesian Unicorn start-up Go-Jek, was officially launched in Bangkok after a two-month trial. Over the trial period, GET completed 2 million transactions covering 80 per cent of Bangkok. (The Nation, 28/02/2019) More
Toyota recommits to Thai production base Toyota Motor Thailand remains committed to using Thailand as a production base both for domestic and export markets, vowing to invest about 10 billion baht annually. (Bangkok Post, 21/02/2019) More |
 |
ASEAN meeting on Protection of the Rights of Migrant Workers The Ministry of Labour of Thailand hosted the 12th Meeting ASEAN Committee on the Implementation of the ASEAN Declaration on the Protection and Promotion of the Rights of Migrant Workers (ACMW), to discuss and follow up the progress on the protection of the rights of migrant workers in ASEAN. (ASEAN Thailand 2019, 18/02/2019) More |
 |
Audi reveals plug-in hybrid for Q5, A6, A7 Sportback and A8 Audi has announced petrol-electric plug-in hybrid tech for four distinct models and introduced a new badge strategy for its PHEVs to be in line with the e-tron BEVs. Word is out that Audi will launch the e-tron SUV at the Bangkok motor show late March as the premium market’s first BEV. (Bangkok Post, 26/02/2019) More
World’s first emission-free truck on show Daimler Commercial Vehicles Thailand (DCVT) recently showcased the world’s first emission-free truck, the eCanter 1.0, to 80 top customers and industry stakeholders in Bangkok. (The Nation, 22/02/2019) More
Metal-cutting machines long way from being "ripe for the scrap heap" EMO Hannover 2019 will show how smart technologies meet the production requirements of electro-mobility. The mobility concept for individual transportation will be a combination of progressively downsized internal combustion engines and electric drives, while others predict that electro-mobility will secure jobs or even create new ones. (EMO news, 21/02/2019) More
New recycling plan taps energy fund The government has agreed to use the remaining cash from the Energy Conservation Fund to support a new recycling plan for discarded solar panels and vehicle batteries, in line with the goal of creating a circular economy. (Bangkok Post, 25/02/2019) More |
 |
Thailand becomes even more appealing for European Companies In 2018, Thailand moved up from 46th to 26th place on the list of ideal investment locations. Both World Bank and the Swiss Institute for Management Development (IMD) credited Thailand with having made massive advancements in the quality of its logistics and digitalization as well as in “Ease of Doing Business”. (Sanet Pulse, 26/02/2013)More |
| Legal / HR / CSR / Education |
|
|
Cyber-laws still falling short of needs Protective legislation that allows the authorities to decide what is ‘appropriate’ is a backward step Enforcement of Thailand’s newly enacted national cyber-security legislation will pose multiple challenges for the executive branch in balancing national interests against basic public freedoms. (The Nation, 01/03/2019) More
Why Asian nations should invest in cross-border education: The Thailand opportunity International higher education has evolved over the last several decades, influenced by global economic changes. There is a plethora of academic research on student mobility, with a rich history that is centuries old. (Bangkok Post, 25/02/2019) More CCS asks for domestic aviation parts perks CCS Group, a manufacturer of various machines used in metalworking industries, is calling for the government to ease rules and regulations for component suppliers in the aviation industry, in particular those with 50% local content. (Bangkok Post, 20/02/2019) More |
 |
BMW leaps on China export opportunity BMW Group Thailand plans to export more locally assembled cars to China this year to expand the footprint of the Rayong plant. (Bangkok Post, 27/02/2019) More |
|
Featured: Thailand promoting robots and automation for industry; Interview: Martin Wenzel, KUKA Robotics (Thailand/ASEAN); Preparing for industrial robots: The vital role of the education sector; Robotics market in Thailand; GTCC Oktoberfest 2018; and GTCC Family Christmas Party 2018 // Business Brief // Chamber Activities // GTDEE Insights // Trade Fairs // Members' Corner |
Siam Kempinski Hotel Bangkok offers Brasserie Europa - 35% off for lunch and dinner (on food), not applicable for Sunday Brunch Niche - 30% off on food and 10% off on beverages for lunch and dinner. Validity: 01 March 2019 until 30 December 2019 |
GTCC HANNOVER MESSE Delegation Trip Date: 30 March - 7 April 2019
Secure your seat pls contact us, tel: 02 055 0600 ---------- |
Adhesives - Sealants - Construction Chemicals Date: 19-21 March 2019 Location: Exhibition Centre Nuremberg
Register your visitor ticket by clicking HERE. ---------- |
Business festival for innovation and digital technology Date: 25-27 June 2019 Location: Skolkovo Technopark
Register your visitor ticket today by clicking HERE. |
Media Partners for EMO Hannover 2019 |
Exhibitions score points with networking and experiences AUMA surveyed exhibiting companies about the advantages of trade fairs over digital instruments German exhibiting companies consider trade fairs to offer considerable advantages over digital instruments – like social media and virtual marketplaces – for their B2B communications. This is one result of a study commissioned by AUMA and carried out by KANTAR TNS. More |
Chadaphan Maliphan
Publication and Communication Manager Tel: +66 2 055 0623 |
|
|
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. |
|
|
