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EIC revises down GDP forecast once more Siam Commercial Bank’s Economic Intelligence Center (EIC) has again downgraded its 2019 economic outlook, slashing the forecast for Thai GDP growth to 3.6% amid a global economic slowdown and domestic political risk. (Bangkok Post, 11/04/2019) More
Trade war puts brakes on growth Siam Commercial Bank’s (SCB) economic research unit has whittled back its expectations for the country’s economic growth this year to 3.6 per cent as the US-China trade war keeps exports under pressure. (The Nation, 11/04/2019) More
Thai plans to issue debentures to major investors Thai Airways International PLC president Sumeth Damrongchaitham and representatives of underwriters KBank, Bangkok Bank and Krungthai Bank announced that THAI debentures would be issued to investors. (The Nation, 10/04/2019) More
Slow 2019 start for private investment Concerns have been raised about foreign investment incentives amid prevailing domestic political uncertainty, says Finance Minister Apisak Tantivorawong. (Bangkok Post, 08/04/2019) More
SET: Outlook unharmed by politics Whatever political faction can form a government coalition will have little effect on Thailand's economic outlook because every party favours existing economic development policies, says the Stock Exchange of Thailand (SET). (Bangkok Post, 04/04/2019) More
78% of Thais go cashless as confidence in digital payments grows: Visa Four in five Thais consumers (78 per cent) tried going cashless in 2018, compared to only 50 per cent in the previous year, as confidence in digital payments grows, according to the 2018 Visa Consumer Payment Attitudes study. (The Nation, 03/04/2019) More
Shippers slash export forecast The country’s largest shippers group has cut its export growth forecast to 3% this year from the previous 5%, citing the global economic slowdown, the Brexit impasse and the trade row between the world’s two biggest economies. (Bangkok Post, 03/04/2019) More
BoT: Politics will not harm GDP growth Domestics politics are not anticipated to affect the country’s economic growth this year because the two main political parties vying to form a coalition government have similar economic policies, says the Bank of Thailand. (Bangkok Post, 02/04/2019) More |
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FTI uneasy over car loan measures The Federation of Thai Industries (FTI) disagrees with new measures from the Bank of Thailand to control auto loans, saying they would pressure new car sales based on panic changes. (Bangkok Post, 09/04/2019) More
Unilever prepared for domestic instability Despite mounting political uncertainty and potential harm to domestic consumption, Unilever Thailand’s chief executive believes the market for consumer goods will remain robust. (Bangkok Post, 09/04/2019) More
Shopee targets SME sellers with new features Shopee aims to attract more local small and medium-sized enterprises (SMEs) to increase revenue and leverage its 30 million users. (Bangkok Post, 08/04/2019) More |
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TCEB Moves Thailand to the Forefront of Asia and ASEAN’s MICE Industry Bangkok ranks second most sustainable MICE destination in Asia in the 2018 Global Destination Sustainability Index. (Bangkok Post, 11/04/2019) More
Asean on course for national single window The 10 Asean member states plan to adopt the national single window system this year to facilitate regional customs payment and reduce trade barriers, says the Finance Ministry’s Fiscal Policy Office (FPO). (Bangkok Post, 05/04/2019) More |
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Euro 5 upgrade delayed a year Environment and energy policymakers are likely to postpone the schedule for the mandatory upgrade from Euro 4 to Euro 5 standards by another year because many stakeholders are not ready. (Bangkok Post, 17/04/2019) More
Most trucks tipped to be B20-compliant Energy policymakers announced yesterday that biodiesel B20 will be compatible with nearly all general trucks on the road in Thailand. (Bangkok Post, 10/04/2019) More
Southeast Asia launches $1 billion facility for green infrastructure The Association of Southeast Asian Nations (ASEAN), the Asian Development Bank (ADB) and major financiers on Thursday launched a facility to spur more than $1 billion in green infrastructure investments across Southeast Asia. (Thailand Business News, 05/04/2019) More
Biomass, biogas group cries foul over PDP Thai renewable power operators plan to file a lawsuit against a new version of the power development plan (PDP) 2018-37 after seeing it has a lower quota for renewable power generation. (The Bangkok Post, 04/04/2019) More
Govt urged to push for electric vehicles To implement a successful national policy on adoption of electric vehicles (EVs), governments need proper mechanisms to ensure competition drives the EV market growth, Dr Chunyuan Gu, ABB’s president for Asia, Middle East and Africa, said. (The Nation, 02/04/2019) More |
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Firms use new tools to gauge customer sentiment Businesses are creating more advanced tools to understand customer sentiment and draw conclusions from the collection of personal data, says the head of a Germany-based enterprise software firm. (Bangkok Post, 09/04/2019) More |
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New labour law expands benefits The new labour law, with more benefits for workers including a higher layoff compensation rate for long-serving employees, will come into effect on May 5. (Bangkok Post, 06/04/2019) More
Draft law would ease M&A of SFIs The Finance Ministry is set to issue legislation to facilitate mergers and acquisitions (M&A) of specialized financial institutions (SFIs) in a bid to enhance risk management and prevent competition with the private sector. (Bangkok Post, 04/04/2019) More |
Chamber Representatives Alphonse Grillini and Umapha Ngarmsri
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Chamber Representatives Bruno Huber and Prin Pathanatham Chamber Representative Robert Pijper
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Chamber Representatives Bjoern Voss and Jan Hinrichs Chamber Representatives Michael Steibl and Johannes von Rohr Chamber Representatives Anan Jamnansribejra and Lars Wittig Chamber Representatives Jörg Ritzmann and Yossiri Promchuakeaw
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German exhibitors have an average of eight objectives at trade fairs “AUMA MesseTrend 2019” survey now published Exhibitors pursue a wide range of objectives at trade fairs. Above all they want to etablish direct personal contacts with customers. This is one of the results of the AUMA MesseTrend 2019, a representative survey of 500 companies that exhibit at fairs with a focus on trade visitors.More |
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