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6 February 2023
 
Upcoming events
9/02/2023

13/02/2023

15/02/2023
[Save the date] STCC Multi-Chambers Networking Night @ Rembrandt Hotel & Suites Bangkok

17/02/2023

17/02/2023

2/03/2023

9/03/2023
[Save the date] GTCC Monthly Briefing with L&P @ Kimpton Maa-Lai Bangkok

9/03/2023
[Save the date] GTCC AFTERWORK 3/2023 @ Kimpton Maa-Lai Bangkok

30/03/2023
[Save the date] Ordinary General Meeting 2023 @ Shangri-La Hotels and Resorts

For more events, please click HERE
 
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MAZARS IN THAILAND
 
Economy
Baht hits high-value products
High-value industrial products with few imported raw materials are expected to be the hardest hit as baht strengthens. (Bangkok Post, 6/2/2023) More

Thailand’s unemployment rate drops to 1.2% as of November
A new census conducted by the National Statistical Office shows that the number of unemployed persons in Thailand has dropped by 95,000, with 620,000 new people entering the workforce. (Bangkok Post, 3/2/2023) More
 
Rising living costs take toll on spending
Cautious spending, flexible payment and authentic automation are among key consumer trends in Thailand this year: market research firm Euromonitor International. (Bangkok Post, 26/1/2023) More
 
Thailand opens first digital free trade hub
Thailand has launched its first digital free trade hub in partnership with Alibaba, as the country looks to upgrade its logistics and e-commerce sectors. The hub is a free trade area in Thailand’s Eastern Economic Corridor (EEC) designed to facilitate cross-border e-commerce between Thailand and China. (Asean Briefing, 23/1/2023) More
 
Economic Factsheet
UPDATE Magazine
Technical update January 2023
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GTAI
Thailänder geben viel Geld für ihre Haustiere aus
Hunde, Katzen und Kleintiere werden immer beliebter. Der Markt für Heimtierbedarf wächst. Mehr
 
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GTCC MEMBERS EXCLUSIVE SITE VISIT
 
Companies & Industrial Sectors
Cabinet backs NT's 5G project
The cabinet has approved National Telecom's (NT) 5G business project and operational expenditure of 6.7 billion baht to capitalize on the 26-gigahertz spectrum range during the period until the spectrum license expires in 2036. (Bangkok Post, 3/2/2023) More

Land prices surge amid urban growth
Infrastructure, including a new expressway, along with urbanization driven by mass transit expansion and market competition pushed Bangkok land prices up by as much as 75% in recent years. (Bangkok Post, 3/2/2023) More
 
Rubber farmer income plan gets approval
The government has approved a 7.64-billion-baht income guarantee scheme for rubber farmers for the 2022-23 season, which is operating for the fourth consecutive year. (Bangkok Post, 2/2/2023) More
 
Fuel consumption up 13.5% last year
Domestic fuel consumption rose 13.5% year-on-year last year on the country's reopening and improving Covid-19 situation, the Department of Energy Business reported. (Bangkok Post, 31/1/2023) More
 
Hotel subsidies, daily vouchers to promote tourism
The cabinet on Tuesday approved a budget of 3.95 billion baht to stimulate tourism, including 2.02 billion baht for room discounts and food-tour vouchers, from February to September. (Bangkok Post, 26/1/2023) More
 
Car production in 2022 up 11.7%, says FTI
Car production in Thailand in 2022 increased 11.7% from the year before to 1.88 million units, the Federation of Thai Industries (FTI) said. (Bangkok Post, 26/1/2023) More
 
Thailand beats 2022 tourism target with 11.15m arrivals 
Thailand received 11.15 million foreign visitors in 2022, a surge from just about 428,000 the previous year, according to the tourism ministry. (Bangkok Post, 26/1/2023) More
 
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GTCC BUSINESS & STUDY TRIP TO GERMANY
 
Thailand & ASEAN
Krungsri aims to grow regional base
Bank of Ayudhya (Krungsri) continues to expand its financial business in Asean and targets its regional customer base exceeding 500,000 this year. (Bangkok Post, 3/2/2023) More

WHA targets 5-year revenue of B100bn
SET-listed WHA Corporation, the country's largest developer of built-to-suit logistics facilities, is targeting revenue of 100 billion baht from 2023 to 2027, alongside 68.5 billion baht in investments in Thailand and Vietnam. (Bangkok Post, 3/2/2023) More
 
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GTCC BUSINESS LUNCHEON
 
Green Technology
24 billion baht allocated to boost EV battery production
The government has set aside a budget of 24 billion baht to subsidize domestic manufacturing of battery cells for electric vehicles (EVs). (Pattaya Mail, 6/2/2023) More
 
Green factory breaks ground
NatureWorks, a manufacturer of polylactic acid (PLA), a sugar-derived biopolymer, has started the construction of a new factory in Nakhon Sawan in line with a state policy to support bio-, circular and green (BCG) economic development. (Bangkok Post, 4/2/2023) More

Duo team up for EV sharing scheme
EV Primus Co, a distributor of multiple brands of electric vehicles (EVs), has diversified its EV business by teaming up with Haupcar Co to offer an EV sharing service through a digital platform, aiming to serve the travel lifestyles of urban dwellers. (Bangkok Post, 4/2/2023) More

SCGC plans to develop plant-based plastics plant
SCG Chemicals Plc (SCGC) is preparing to jointly develop a bio-based ethylene factory in Thailand to produce plastic materials made from plants, as part of efforts to focus more on eco-friendly manufacturing. (Bangkok Post, 2/2/2023) More
 
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THAI GERMAN CONFERENCE "SOLAR PV AND GRID INTEGRATION"
 
Bilateral Business
Thai-EU trade talks set to start by March
Thailand and the EU have agreed upon the joint political will to pursue free trade agreement (FTA) negotiations, with the long-awaited talks scheduled to kick off in the first quarter of this year. (Bangkok Post, 27/1/2023) More
 
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EMO HANNOVER 2023 WORLD TOUR
 
Legal / HR / CSR / Education
Online scammers in the crosshairs
Authorities step up measures to combat cybercrime as schemers develop a host of ploys to fleece victims. (Bangkok Post, 6/2/2023) More

Bangkok is still sinking, and fast!
Getting Bangkok ready for the consequences of climate change is crucial for saving this megacity from being submerged under rising sea levels, climate experts say. (Bangkok Post, 6/2/2023) More

Industry president urges long-term fix to PM2.5
The Federation of Thai Industries urges the government to speed up solving Bangkok's PM2.5 problems, fearing if the situation remains, it affect economy and tourism. (Bangkok Post, 5/2/2023) More
 
Nielsen puts spotlight on online trends
Streaming, smart connected devices, authentic content, influencers and "shoppertainment" are among the key trends for Thai consumers to monitor this year, says data analytics firm Nielsen Thailand. (Bangkok Post, 3/2/2023) More

Cabinet greenlights workers' wage hike
The cabinet approved a wage increase for skilled workers in 17 professions. (Bangkok Post, 1/2/2023) More
 
Important update on Covid-19
Covid-19 cases 'are declining' despite foreign arrival surge
The number of Covid-19 cases has gradually declined, despite the spike in foreign visitors entering the country, said government spokeswoman Traisuree Taisaranakul. (Bangkok Post, 30/1/2023) More
 
Covid-19 vaccine available for foreigners nationwide
Each province to have a centre where foreign tourists can pay for voluntary Covid-19 vaccination, while foreign residents will continue to get free shots. (Bangkok Post, 26/1/2023) More
 
For more updates, please follow us on Facebooktwitter, LinkedIn and website
 
Member News
Coachology: Empowered Women in Leadership
23-24 February 2023. The program will discover some powerful tools to develop your Influence, Inner Confidence & Powerful Femininity, then you’ll love being part of this inspiring event. Created by business women for business women! More

New specialised units boost Thailand's chances of becoming world medical hub
Thailand’s status as a world medical and wellness hub has been further enhanced thanks to special treatment options being offered by Bumrungrad International Hospital. (Nation Thailand, 31/1/2023) More
 
New Members
Chamber Representative
Yada Rattanaklao

Chamber Representatives
Roland Aung
Otharat Virojdecha

Chamber Representatives
Charnchai Jiamchoatpattanakul
Sanjay Sachdev
Chamber Representatives
Pitchakorn Meesak
Miti Phongsak

Chamber Representatives
Neville Leung
Hauke Otten

Mr. Jan Vincent Jordan
Trade Fairs
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Spielwarenmesse 2023: Successful restart with all the old strength

The reunion brought great joy: after an enforced gap of three years, the Spielwarenmesse reasserted its position as the biggest event of the sector. Between 1 and 5 February at the exhibition centre in Nuremberg, personal networking, product innovations and establishing new contacts came top of the agenda. The next edition of the fair takes place at the end of January 2024. Precise dates will be announced at the end of February. More
 
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BAU
17-22 April 2023, Munich, Germany
 
BAU, the World's Leading Trade Fair for Architecture, Materials and Systems, showcases the latest products and materials for commercial and residential construction and interior work for both new-build and renovation and modernization. It is the business and information platform for everyone who is involved in planning, building and designing buildings. More
 
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Revolutionary: The highlights of this year’s IWA Outdoor Classics
2 -5 March 2023, Nuremberg, Germany

For its first edition following the pandemic, IWA OutdoorClassics, the World's Leading Trade Fair for Hunting, Shooting Sports, Outdoor Activities and Security, will undergo a mini-revolution: With the simultaneous introduction of three new special exhibition areas and a new community format, the content of the event will be given a significant quality boost. More
 
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ITB Berlin
World’s Leading Travel Trade Show
7-9 March 2023, Berlin, Germany
 
ITB Berlin will once again bring together tourism professionals and key players from the global travel industry. Taking as its slogan ‘OPEN FOR CHANGE’, ITB Berlin is ready to host a live comeback next year with the future positioning as a pure B2B product. The focus will therefore be on three days of business, content and networking. More
 
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German trade fairs recover slowly
First recovery in sight for trade fairs in Germany: At least 340 trade fairs are planned between Husum and Friedrichshafen in 2023. Thus, almost 25 percent more trade fairs will take place in 2023 than were possible last year. In the first quarter of 2023 alone, a good 120 trade fairs are scheduled - in 2022, only 18 trade fairs could be held in the same period due to Covid-19 restrictions. Energy efficiency, circular economy and innovative production technologies are the top subjects at German trade fairs in 2023. More
 
AHK network news
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Thailand and the EU to resume talks about a possible free trade agreement
After a meeting between Thailand's Minister for Industry Jurin Laksanawisit and the EU Trade Commissioner Valdis Dombrovskis on January 26, 2023 in Brussels, both sides announced that they would like to resume negotiations on a free trade agreement after ten years. More

If you have any questions about the usage of Free Trade Agreements in the Asia-Pacific region, you can contact Mrs. Annika Huck, Divisional Head for Trade Policies (Asia/ASEAN). E-Mail: annika.huck@sgc.org.sg 
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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
 
Other news
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The second Expatriate Orientation Program (EOP 2)
The Thailand Foundation, in collaboration with the Ministry of Foreign Affairs, will organize the second Expatriate Orientation Program (EOP 2) at the Ministry of Foreign Affairs on 14 - 15 February 2023. The program, which will be conducted in English, is designed to provide expatriates living and working in Thailand with essential information on various topics including historical and cultural aspects of Thailand, how to work more effectively with Thais, cultural sensitively, decoding Bangkok and the four regions of the country, and overview of Thailand’s economic outlook. More

For further information, please contact Miss Artima at info@thailandfoundation.or.th
 
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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