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20 March 2023
 
Upcoming events
23/03/2023

30/03/2023

20/04/2023
[Save the date] GTCC AFTERWORK Briefing

20/04/2023

25/04/2023

26/04/2023
[Save the date] STCC Multi-Chambers Networking Night

27/04/2023
[Save the date] GTCC YP Network Evening 1/2023

28/04/2023
[Save the date] GTCC Multi-Chamber Eastern Seaboard Seminar with Rhenus Logistics @ Hilton Pattaya

28/04/2023
[Save the date] GTCC Multi-Chamber Eastern Seaboard Networking @ Hilton Pattaya

26/05/2023
[Save the date] GTCC Gala Night 2023 @ Anantara Siam Bangkok Hotel

For more events, please click HERE
 
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MAZARS IN THAILAND
 
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TÜV SÜD THAILAND
 
Economy
SCB ramps up growth outlook to 3.9%
SCB Economic Intelligence Center has upgraded its Thai economic growth forecast for 2023 to 3.9% from 3.4% because economic trends are better than expected.  (Bangkok Post, 18/20/2023) More

BoT: External stability strong, economy recovering
Thailand's external stability is sound with low foreign debt and high international reserves, while the economy is recovering steadily on increased tourism and domestic spending, the Bank of Thailand (BoT) said. (Bangkok Post, 17/20/2023) More
 
Economic Factsheet
UPDATE Magazine
Guidebook: Doing business in Thailand
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GTAI
Pkw-Markt wächst 2022 um ein Viertel
Die Produktions- und Verkaufszahlen in der ASEAN steigen 2022 jeweils um rund ein Viertel. Dank Indonesiens starker Exporte gibt es einen neuen Rekord in der Pkw-Produktion. Mehr

Export von Maschinen und Chemie nach Südostasien schwächelt
In US-Dollar gerechnet sind die deutschen Exporte in die ASEAN im Jahr 2022 um mehr als 3 Prozent gesunken. Auch bei einigen der wichtigsten Ausfuhrgüter ist der Trend negativ. Mehr

NRW-ASEAN Summit
Nehmen Sie am NRW-ASEAN Summit in Gelsenkirchen teil und informieren Sie sich über den Wachstumsmarkt der ASEAN-Region. Mehr
 
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GTCC AFTERWORK 4/2023
 
Companies & Industrial Sectors
Sector enters the next phase 
Thailand's e-commerce landscape is entering the next stage where major e-marketplace players are introducing innovative features to woo customers instead of focusing on price wars. (Bangkok Post, 20/03/2023) More

Chinese arrivals predicted to top 300,000 in April
The Chinese government expects the number of Chinese tourist arrivals will rise to more than 300,000 in April, according to the Chinese ambassador to Thailand.(Bangkok Post, 19/03/2023) More

Thaicom to capitalise on the space economy
The firm is focusing on its new orbital slot licences and low-Earth orbit satellite service.  (Bangkok Post, 18/03/2023) More

Bangchak to pay B20.9bn for Esso unit
The total value of shares in Esso (Thailand) to be acquired by Bangchak Corporation is estimated at 20.9 billion baht, or 9.18 baht per share, according to the latest calculation released by Bangchak's financial advisor Krungthai XSpring Securities. (Bangkok Post, 17/03/2023) More

THG set to spend B5bn on projects from 2023-25
Thonburi Healthcare Group Plc (THG) will spend 5 billion baht between 2023 and 2025 funding various investment projects, including the construction of new hospitals in Thailand and Vietnam, as it aims to benefit from the full reopening of countries. (Bangkok Post, 17/03/2023) More

Confidence underpins retail recovery
Consumer spending in Thailand will post solid growth over 2022, with real household spending (based on 2010 prices) projected to grow by 4.6% year-on-year. (Bangkok Post, 16/03/2023) More

Asia-Pacific travellers return in 2023, with different tastes
Travellers are set to come out in fuller force across the Asia-Pacific region this year, though still-high inflation and structural hurdles likely will leave the critical industry still far from pre-Covid levels. (Bangkok Post, 13/03/2023) More

Four new airlines seeking licences to operate in Thailand
The source told Thansettakij that the four companies are: P80 Air, Really Cool Air, Landarch Airline, and Siam Seaplane. (The Nation, 13/03/2023) More

Thailand and Japan to start first phase of Bangkok - Chiang Mai Rail Project
Thailand and Japan are set to embark on the first phase of a high-speed rail project linking Bangkok and Chiang Mai province. (NNT, 09/03/20232) More
 
Thailand & ASEAN
ASEAN member countries jointly prioritize MICE professional development
10 ASEAN Tourism Ministers approve the ASEAN professional standards for MICE Professionals and Event Professionals. Effective regionally this year, the approved standards will enhance the competitiveness and strengthen the potential of ASEAN MICE industry. (Pattaya Mail, 16/03/2023) More
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GTCC OGM 2023
 
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GTCC BUSINESS & STUDY TRIP TO GERMANY
 
Green Technology
Ethanol tax incentives mulled
The Finance Ministry stands ready to use tax measures to support the use of ethanol to produce bio-ethylene, a major feedstock used for making bio-based polyethylene. (Bangkok Post, 20/03/2023) More

Thailand to become home to the world’s largest solar roof
A solar panel the size of 18 football pitches is currently being built in the Falken tyre manufacturing facility—the largest rooftop installation worldwide. (Sustainability, 19/03/2023) More

Energy firms team up for production trial of bio-based transformer oil
BBGI Plc, SCG Chemicals Plc, and QTC Energy Plc have signed a commercial collaboration agreement to develop and manufacture bio-based transformer oil, marking the first production trial of its kind in Thailand. (NNT, 10/03/2023) More
 
Bilateral Business
BGRIM sets B5-7bn aside for projects in Europe
B.Grimm Power Plc (BGRIM), an energy developer with the largest capacity in the small power producer segment, is planning to spend 5-7 billion baht developing more renewable power generation facilities in Europe this year after acquiring two energy assets in Poland and Italy.  (Bangkok Post, 16/03/2023) More

EU and Thailand relaunch trade negotiations
the EU and Thailand announced the relaunch of negotiations for an ambitious, modern and balanced free trade agreement (FTA), with sustainability at its core. This announcement confirms the key importance of the Indo-Pacific region for the EU trade agenda, paving the way for deeper trade ties with the second largest economy in South-East Asia and further strengthening the EU's strategic engagement with this burgeoning region. (European Commission, 15/03/2023) More
 
Legal / HR / CSR / Education / Health
Coming up for air
Thailand's surging PM2.5 dust pollution is damaging both the economy and people's health, but shows little sign of abating. (Bangkok Post, 20/03/2023) More
 
Member News
Gulf Energy bags 'Issuer of the Year' award
Gulf Energy Development Plc received the "Issuer of the Year" award at the Best Bond Awards 2022, hosted by the Thai Bond Market Association. (Bangkok Post, 18/03/2023) More

Bumrungrad Health Fair 2023
15 March - 15 May 2023. Better Health Shaper You Various health check-up packagess available at up to 20% off. Available through the Bumrungrad website only. Valid through 31 May 2023. More

GTCC members' promotions 
Check out GTCC members' special offers on accommodation, restaurant / food delivery, and other services. More
 
Trade Fairs
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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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DMEA
25-27 April 2023, Berlin, Germany 

DMEA, Europe´s Leading Digital Health Conference and Trade Fair for digitalisation in the healthcare sector, will take place for the sixteenth time on the Berlin Exhibition Grounds. The focus will be ranging from digitalisation strategies for the healthcare sector and nursing to consumer health and data protection in inpatient facilities as well as interoperability. More
 
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 LIGNA 2023
15-19 May 2023, Hannover, Germany

Over 105,000 square meters of exhibition space and more than 1,100 exhibitors: LIGNA 2023 celebrates its return to presence with a comprehensive overview of the woodworking and wood processing industry. Despite the tense global political situation, the positive booking status confirms LIGNA's status as the world's leading trade show. More
 
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German Trade fairs take off powerfully
Since January, more than 50 trade fairs have taken place in Germany, more than 60 are still planned until the end of March. Among them outstanding shows such as the travel fair ITB in Berlin, the world's leading trade fair for water, heat and air ISH in Frankfurt and the International Dental Show IDS in Cologne. The latter will celebrate 100 years of existence this March. 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
 
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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