12/07/2023 13/07/2023
13/07/2023
13/07/2023
14/07/2023
20/07/2023
20/07/2023
21/07/2023
26/07/2023
26/08/2023 [Save the date] Falling Walls Lab Thailand 2023
12/10/2023
20/10/2023
21/10/2023
For more events, please click HERE |
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GTCC AFTERWORK BRIEFING WITH MAZARS IN THAILAND |
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Horns of a dilemma With the Move Forward Party (MFP) still on track to establish a new government, fresh concerns over the next chapter in Thai-Chinese economic relations have surfaced. Critics cited the MFP's proposal to form a "security alliance" with the US by scaling up the annual Cobra Gold military exercise as one factor that may affect trade between Thailand and China, though the party insists on developing cooperation with Beijing to ensure peace and prosperity. (Bangkok Post, 26/06/2023) More Household debt, bad loans to hit finance firms Rising household debt and non-performing loans (NPLs) are going to hurt listed companies in leasing, hire-purchase and finance because they are drag on the economy and lower consumer purchasing power, says an analyst. (Bangkok Post, 24/06/2023) More
Thailand's 2024 budget to be ready by Q1 2024 Thailand expects its 2024 fiscal budget to be ready by the first quarter of next year, Danucha Pichayanan, chief of the National Economic and Social Development Council (NESDC), told a business seminar on Wednesday. (Bangkok Post, 21/06/2023) More
BoT cracks down on lending The Bank of Thailand plans to implement new lending guidelines to prevent over-indebtedness of household borrowers. (Bangkok Post, 20/06/2023) More
Thailand moves up competitiveness table Thailand has improved by three places to 30th in the World Competitiveness Ranking released by the International Institute for Management Development (IMD). (Bangkok Post, 20/06/2023) More |
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| Thailand implements Global Tax Rules |
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Thailand setzt auf die Schiene Eisenbahnverbindungen sind die einzige Chance, Thailands Transportinfrastruktur zu modernisieren. Doch der Weg von der Straße auf die Schiene ist nicht leicht. (Marcus Hernig, 19/06/2023) More
Siemens Mobility setzt auf Verkehrswende in Thailand Der Chef von Siemens Mobility in Thailand erklärt im Interview, wo und warum deutsche Technologieanbieter trotz starker Konkurrenz aus China gute Chancen haben. (Marcus Hernig, 12/06/2023) More |
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| Companies & Industrial Sectors |
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Sales of commercial cars, pickups slump Domestic sales of commercial cars and pickups slowed in May based on a variety of factors, ranging from stricter lending standards and weak purchasing power to political uncertainty, says Toyota Motor Thailand. (Bangkok Post, 26/06/2023) More
Phuket switches focus to becoming international medical hub After failing to win its bid to host the Specialised Expo 2028, Phuket will now turn its attention to promoting itself as an international medical hub, spokesperson Anucha Burapachaisri said. (The Nation Thailand, 22/06/2023) More Diprom aims to kick start for the Thai creative economy The Department of Industrial Promotion (Diprom) is focusing on increasing the potential Thai entrepreneurs so that they can generate at least 250 million baht for the country's creative economy. (The Nation Thailand, 21/06/2023) More
Thailand can feed growing global appetite for future food: Commerce Ministry Thailand has a major opportunity to expand its exports of so-called future food to meet growing global demand, the Commerce Ministry said on Tuesday. (The Nation Thailand, 20/06/2023) More
ChatGPT spurs rise in AI investment The publicity surrounding ChatGPT has prompted 45% of senior corporate executives to increase artificial intelligence (AI) investments, a recent Gartner poll of more than 2,500 executive leaders has found. (Bangkok Post, 20/06/2023) More
Survival of online media: Transforming the business model Despite the various degrees of content limitation and changes Southeast Asia media are facing, all online media in the region, and probably globally, are now struggling financially. (Thai PBS World, 19/06/2023) More
Thai Industries Sentiment Index drops for two consecutive months in May Thailand’s exports have been impacted by the uncertainties surrounding the global economy, leading to a decline in the Thai Industries Sentiment Index (TISI) for the second consecutive month to 92.5 in May. (Thailand Business News, 18/06/2023) More
Decline in population poses challenge for Bangkok's housing market Recent decline in population has raised concerns about the sustainability of Bangkok's housing market. Over the next two decades, statistical trends indicate a decrease in population across all age groups, particularly a significant decline of approximately 6-7% among younger age groups. (The Nation Thailand, 17/06/2023) More
Bangkok urged to woo business tourists Online travel agent Agoda hopes Thailand can become a preferred destination for business travellers, competing with Japan and Vietnam. (Bangkok Post, 16/06/2023) More
Digital push woos multinational firms Many foreign software firms established offices in Thailand this year to capitalise on the country’s continuing digital transformation and to serve the demand of local enterprises. (Bangkok Post, 16/06/2023) More
Redefines domestic MICE to boost economy Thailand Convention and Exhibition Bureau (TCEB) is redefining its domestic MICE strategy with the aim of turning it into a key mechanism to help boost economic growth, create jobs and distribute income across the country. (Thai PBS World, 15/06/2023) More Industrial mood at 8-month low on political uncertainty Thailand's industrial sentiment in May hit its lowest level in eight months, dented by weak exports and uncertainty over the formation of a new government, an industries group said on Wednesday. (Bangkok Post, 14/06/2023) More
Thailand records 11.4m foreign tourists Thailand received 11.4 million foreign tourist arrivals from January to June 11, and saw spending of 472 billion baht (US$13.67 billion), the Ministry of Tourism and Sports said in a statement on Tuesday. (Bangkok Post, 13/06/2023) More |
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Emerging East Asia Bond Yields Fall on Easing Inflation says ADB According to the latest issue of the Asian Development Bank’s Asia Bond Monitor, bond yields in emerging East Asia declined from March to May due to easing inflationary pressure in the region and slower monetary tightening in the US. (Thailand Business News, 22/06/2023) More
ASEAN and Gulf Cooperation Council to hold the summit in October After more than two decades of relations, ASEAN and the Gulf Cooperation Council (GCC) will reportedly hold their first summit in Jakarta in October. (Thai PBS World, 17/06/2023) More
Asean leaders endorse roadmap for Timor-Leste to join 10-nation bloc Thailand stands to benefit from exports and investments once Timor-Leste joins the Association of Southeast Asian Nations as the 11th member after Asean leaders endorsed the roadmap for welcoming the new member country. (The Nation Thailand, 14/06/2023) More |
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GTCC YP NETWORK EVENING 2/2023 WITH COVESTRO |
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Hydrogen the way for Thailand to achieve net-zero carbon emission goal The government should launch measures to promote the use of hydrogen as fuel to help Thailand achieve its net-zero carbon dioxide emissions goal, the top executive of a global industrial gas company said. (The Nation Thailand, 24/06/2023) More FTI, industrial estate authority aim to improve waste processing standards The Federation of Thai Industries (FTI), in collaboration with the Industrial Estate Authority of Thailand (IEAT), aims to improve the operational standards of waste processors nationwide as part of its efforts to lead Thailand towards a sustainable supply chain. (The Nation Thailand, 20/06/2023) More
Exim Bank eyes green loans Export-Import (Exim) Bank of Thailand plans to expand its green loans to 50% of its total outstanding loan book within four years, in line with global environmental goal, says president Rak Vorrakitpokatron. (Bangkok Post, 19/06/2023) More
Sales of electric vehicles surge 474% in first five months of the year More than 32,000 electric vehicles (EVs) were registered with the Ministry of Transport in the first five months of this year, compared to fewer than 2,000 in all 2021 and about 10,000 in all last year. (The Nation Thailand, 16/06/2023) More
NPS Successfully Installs First Phase Of 60 MW Floating Solar Power Plant In Thailand National Power Supply Public Company Limited or NPS has successfully completed the installation of the first phase of the 60 MW floating solar power plant or “Floating Solar Farm” on the well, NPS President said. (Solarquater, 15/06/2023) More |
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GTCC OKTOBERFEST 2023 [FRIDAY FULLY BOOKED] |
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BoI urges Thai startups to innovate The Board of Investment (BoI) has joined hands with the National Innovation Agency to encourage local startups to come up with new business ideas as part of efforts to promote more investments in the country. (Bangkok Post, 24/06/2023) More
Transport Ministry to seek new Cabinet’s nod for 3 Red Line extensions The Transport Ministry will ask the new Cabinet to approve three extension projects for the urban Red Line railway that will require a combined budget of 21.754 billion baht, a ministry source said. (The Nation Thailand, 21/06/2023) More
Foreign firms bring THB45bn to Thailand, down 18% y-o-y The number of foreign companies setting up operations in Thailand in the first five months of 2023 grew 16% year-on-year but investment dropped 18%, according to the Commerce Ministry on Tuesday. (The Nation Thailand, 20/06/2023) More |
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| Legal / HR / CSR / Education / Health |
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NESDC urges expanding tax base before implementing welfare policies The National Economic and Social Development Council (NESDC) wants the next Thai government to expand the tax base before proceeding with its policy of providing extensive social welfare benefits. (The Nation Thailand, 25/06/2023) More Retirees skip Chiang Mai amid heavy smog Chiang Mai tourism operators hope the new government will work to urgently solve the haze problem to lure back long-stay senior tourists, which represent a major loss for the province. (Bangkok Post, 19/06/2023) More
Price controls get one-year extension The Ministry of Commerce has extended price controls on 51 products and services for another year. The extension will expire on June 30, 2024. (Bangkok Post, 16/06/2023) More
Prayut pushes for another diesel tax cut extension as expiry date nears Caretaker Prime Minister Prayut Chan-o-cha has ordered the Finance Ministry and other relevant agencies to finalise preparations for extending the diesel tax cut, which is due to expire on July 20. (The Nation Thailand, 13/06/2023) More |
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| Important update on Covid-19 |
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Germany’s vaccine donation: A million Pfizer doses to strengthen Thai Health Ministry Germany has made a vaccine donation of almost one million doses of the bivalent Covid-19 vaccine to the Thai Ministry of Public Health, planning to distribute this significant stockpile to Thai hospitals in the forthcoming weeks. (Thaiger, 23/06/2023) More |
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GTCC MEMBERS EXCLUSIVE SITE VISIT |
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Sindhorn Kempinski Hotel Bangkok received EarthCheck Certified Silver & Thailand’s Best Hotel Spa Sindhorn Kempinski Hotel Bangkok has achieved EarthCheck Certified Silver, and its Sindhorn Wellness by Resense took the crown as Thailand’s Best Hotel Spa at the Travel + Leisure Luxury Awards Asia Pacific 2023. More
Kimpton Maa-Lai Bangkok named Thailand's Best City Hotel in the Travel + Leisure Luxury Awards Asia Pacific 2023 Kimpton Maa-Lai Bangkok, Langsuan’s stylish hospitality landmark, has been named Thailand's Best City Hotel in the Travel + Leisure Luxury Awards Asia Pacific 2023, winning “the best” accolade for the second consecutive year. More
Vana Belle is recognized as No.1 in Thailand from Tripadvisor Vana Belle, a Luxury Collection Resort, Koh Samui is delighted to announce that they have recently received the No. 1 rank in Thailand on the TripAdvisor Travelers’ Choice Award 2023. More
Miskawaan Health Group: An evening with Dr. Ross Walker 3 July 2023, Miskawaan Sundowner Series presents an evening with Ross Walker, Australia leading preventative cardiologist. Talk topic: Unlock the Five Stages of Health: Embrace Vitality & Live Life to the Fullest. More
GTCC members' promotions Check out GTCC members' special offers on accommodation, restaurant / food delivery, and other services. More |
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IFA Berlin 1-5 September 2023, Berlin, Germany Discover innovation, imagine the future and immerse yourself at IFA, the world’s largest consumer electronics and home appliances trade show where you will explore exhilarating product launches and debuts from industry pioneers who dare to reshape the future. More |
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IAA MOBILITY 5-10 September 2023, Munich, Germany The IAA MOBILITY is the international meeting place for the mobility of the future. It shows what will move us tomorrow, from the smallest vehicles to automobiles and bicycles to new solutions for public transport. Always in focus: sustainability and the technologies that will shape mobile life in the future. More |
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EMO 2023 16-23 September 2023, Hannover, Germany
GTCC Business & Study Trip to Germany "Production technology of tomorrow" by visiting EMO 2023 and Exclusive Site Visits. More |
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[Save the Date] AGRI TECHNICA 11-19 November 2023, Hannover, Germany
GTCC Business & Study Trip to Germany AGRITECHNICA 2023 and Exclusive Site Visits. [Save the Date] |
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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 |
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Asien-Pazifik-Forum Bayern - 26 Juli 2023 Beim 15. Asien-Pazifik-Forum Bayern beleuchten wir Ihre Möglichkeiten für Absatz, Sourcing, Investment und Innovation. Das spannende Konferenzprogramm erklärt die Neuordnung der Weltwirtschaft, zeigt Wege der Diversifizierung und unterstützt Sie bei Ihrer Strategieentwicklung. Die deutschen Auslandshandelskammern in Asien bieten Ihnen individuelle Beratungsgespräche und über 20 Aussteller präsentieren ihre Asien-Pazifik-Dienstleistungen in Form einer kleinen Messe. Mehr |
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ASEAN Snapshot 2023 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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Asien - Geschenke über die Grenze Anbei erhalten Sie einen Überblick über die Zollbestimmungen von Geschenken an Geschäftspartner in asiatischen Staaten. Informationen und Hinweise zu den kulturellen Besonderheiten sind ebenfalls abrufbar. Meh |
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Falling Walls Lab Thailand 2023 - 26 August 2023 Falling Walls Lab Thailand 2023 will be held on 26 August 2023 in Bangkok to bring together a diverse and interdisciplinary pool of students and early-career professionals, and strengthen contacts and cooperation between Germany and Thailand in science and innovation. The event is organised by the Germany Falling Walls Lab Foundation and supported by the German Ministry of Foreign Affairs, the German Academic Exchange Service (DAAD), the German Embassy, GTCC, and local partners such as several universities, the NSTDA. Details on the venue and registration will be circulated in July. Click here for the invitation letter and sponsorship
Stuttgart Ballet Gala Performance - 12 October 2023 Stuttgart Ballet Gala Performance will take place on Thursday 12 October 2023, 19:00 hrs. at Thailand Cultural Centre. The performance is part of the Bangkok’s 25th International Festival of Dance and Music. Stuttgart Ballet is a leading German Ballet Company dating back to 1609 which has kept its reputation as one of the top ten ballet companies in the world. All GTCC members will get 5% discount on purchase of 2 tickets and 10% discount on purchase of 4 or more tickets. Click here for ticket booking |
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Chadaphan Maliphan
Publication and Communication Manager |
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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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