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April sees more export gloom Exports fell for a second straight month in April, weighed by the global economic slowdown, deepening trade tensions between the US and China, political uncertainty in the EU and downside risk in the Chinese financial markets.(Bangkok Post, 23/05/2019) More
Economy faces heightened political uncertainties: BoT Heightened political uncertainties in Thailand after an election meant to herald a return to democracy have clouded the outlook for economic policy, the central bank said in minutes of a meeting earlier this month that left interest rates unchanged. (Bangkok Post, 22/05/2019) More
Planning unit cuts growth forecast The government's planning unit has lowered its full-year GDP growth forecast to 3.3-3.8% from 3.5-4.5% after the economy grew at its slowest pace in more than four years in the first quarter. (Bangkok Post, 22/05/2019) More
New approach needed as trade war wallops Thai exports The recent escalation of the US-China trade war may lead Thai exports to grow by only 0.5 per cent in 2019, according to the University of the Thai Chamber of Commerce’s Centre for International Trade Studies. (The Nation, 15/05/2019) More
Govt rushes to ink EEC deals The government is pushing to get at least two contracts relating to the much-touted Eastern Economic Corridor (EEC) project signed by next month, before the new government is sworn in. (Bangkok Post, 14/05/2019) More
Dept in big push for SMEs to embrace e-commerce platforms With a budget of Bt1.28 billion, the Ministry of Industry’s Department of Industrial Promotion (DIP) aims to generate a business value of Bt13 billion in 2019 through bringing traditional small and medium-sized enterprises (SMEs) onto e-commerce platforms. (The Nation, 14/05/2019) More |
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FTI’s export forecast gets another trim The Federation of Thai Industries (FTI) will revise its export growth projection for this year to 0-1%, blaming the deepening US-China trade war for dampening economic sentiment. (Bangkok Post, 24/05/2019) More
Airport digital revenue eyed Samart Telcoms (Samtel), an ICT solutions provider, aims to raise revenue derived from airport digital solutions to 25% of total revenue by 2022 from 17% expected this year. Airport digital solutions are expected to reach 1.7 billion baht this year. (Bangkok Post, 27/05/2019)More
Ikea touts e-commerce to boost sales Ikea has launched its online store as the Swedish furniture chain seeks to attract forward-looking customers in Thailand. (Bangkok Post, 24/05/2019)More
Car shipments tumble to 24-month low Thailand's car shipments in April stood at 67,114 units, down by 7.52% year-on-year, marking the lowest volume in 24 months. (Bangkok Post, 24/05/2019)More |
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Asean’s mobile e-commerce leaders Mobile apps are playing a vital role in the development of e-commerce. According to a report by Google, there are more than 350 million internet users in the six largest markets in Southeast Asia. (Bangkok Post, 23/05/2019) More
ASEAN supports Thai Chairmanship’s socio-cultural priorities The ASEAN Socio-Cultural Community (ASCC) Council extended its full support for Thailand’s 2019 ASEAN Chairmanship and priorities at a meeting in Chiang Mai. (Asean.org, 18/05/2019)More |
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Solar power drawing private-sector interest after new PDP Thailand’s solar power market is heating up as many listed companies plan massive investments in the sector. Distribution channels for solar panels are also expanding to serve local demand for both on-grid and off-grid power generation. (Bangkok Post, 27/05/2019) More
Eppo to wind down EV subsidy period The Energy Policy and Planning Office (Eppo) expects to close the application period for partial subsidies for the development of charging stations for electric vehicles (EVs) in 2019. (Bangkok Post, 22/05/2019) More
Industrial estate eyes on-site power The Electricity Generating Authority of Thailand (Egat) and Industrial Estate Authority of Thailand (IEAT) – are teaming up with Pinthong Industrial Park to develop on-site power generation at industrial estates in Chon Buri province. (Bangkok Post, 14/05/2019) More |
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Thai Union strikes it rich with tuna oil When Tunyawat Kasemsuwan, the director of Global Innovation Centre (GIC), joined Thai Union Group five years ago, he saw a lot of ‘’value” left unused at the firm’s tuna processing factory, and decided to take on the responsibility of finding ways to tap that value. (Bangkok Post, 21/05/2019) More
Hafele assured B4bn sales in reach for 2019 Encouraged by 14% growth in sales in the first quarter, Hafele (Thailand) Ltd., the local unit of the German furniture fittings maker, is upbeat about achieving 4 billion baht in sales this year. (Bangkok Post, 14/05/2019) More |
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Energy Ministry girds for disrupted oil supply The Energy Ministry has ordered relevant oil and gas regulators to monitor the political conflict in the Middle East to prepare for an interruption of petroleum supplies in a worst-case scenario. (Bangkok Post, 23/05/2019)More
Long overdue, or a step too far? Thailand faces unique threats from cyber-attacks that will only increase as the economy becomes more digitized. With the passage of the Cybersecurity Act, the government seeks to aggressively confront the problem with enforcement powert. (Bangkok Post, 20/05/2019)More
Waste not, want not Thai government set a target to recycle all plastic in the country by 2030. While this ambitious goal is a solid start, Thailand needs to make serious changes to its physical recycling efforts and regulations governing recycled plastic. (Bangkok Post, 21/05/2019)More |
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Mazars Thailand’s German Desk Mazars Thailand’s German desk provides support to German companies at every stage of their corporate development, helping them seize opportunities in a competitive business environment. Martin Liebenow, German tax consultant (Deutscher Steuerberater), is the head of the German desk at Mazars Thailand. More
Jef Neve and Teus Nobel On Tour at Millennium Hilton Bangkok Free admission for GTCC members to an exclusive performance of modern and classic jazz by renowned international pianist Jef Neve teaming up with talented trumpet player Teus Nobel, on Tuesday, 4 June at one of the best rooftop bars in the city -- ThreeSixty Jazz Lounge at the Millennium Hilton Bangkok. More
Goethe-Institut Thailand: Partners for the National German learning Olympiad (NDO) This upcoming June, the Goethe-Institut Thailand is coordinating National German learning Olympiad (NDO), a German language competition among young students from 50 schools in Thailand. It is seeking for partners to provide the participants with different samples or merchandise of goodie-bags or other forms of sponsorship. Not only joining hands with the Goethe-Institut and NDO as a CSR programme, it would be also an opportunity for your company to establish consumer confidence with supporting an educational sector. More
KAIZEN™ Leadership Engagement Workshop Leaders’ KAIZEN™ Workshop is guiding senior leaders, middle management and leadership teams in their role as KAIZEN™ Leader with focus on how to deploy and cascade strategic objectives in the organization and to empower and motivate their teams through coaching, inquisitive leadership and “Go See”. Register for the Two-days Leaders’ KAIZEN™ Engagement Workshop on 4-5 July 2019 in Bangkok. More |
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Featured: Thailand strives for data security; Interview: Digitalisation and e-commerce proving successful for Würth; Thailand Economic Outlook 2019; and GTCC Ordinary General Meeting 2019 // Business Brief // Chamber Activities // GTDEE Insights // Trade Fairs // Members' Corner |
Condition: Enter Promo Code: GTCCPromo
Validity period: Now - 31 July 2019 |
Exhibit with us!
German Pavilion by GTCC in CEBIT ASEAN 27-29 November 2019 Hall 7-8 IMPACT Exhibition Center Bangkok, Thailand
Register your visitor ticket today by clicking HERE. |
Exhibit with us!
German Pavilion by GTCC in CEBIT ASEAN 27-29 November 2019 Hall 7-8 IMPACT Exhibition Center Bangkok, Thailand
Register your visitor ticket today by clicking HERE. |
Media Partners for EMO Hannover 2019 |
| Regional workshop and conference |
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The German Business Group Cambodia (ADW), the Global Business Network (GBN) Programme and the Delegation of German Industry and Commerce in Myanmar (AHK Myanmar) are pleased to invite you to a regional workshop and conference on German business and development cooperation in Mekong region and Industry 4.0 in Cambodia
Date: 18-19 June 2019 |
German exhibitions advance again in 2018 The slower rate of economic growth in Germany and greater uncertainties regarding foreign trade had only a slight dampening effect on the German exhibition industry in 2018. Exhibitor and stand space figures increased once again. In particular, exhibitors and visitors from abroad continued to make strong use of Germany as an exhibition location. More |
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Mazars in Thailand is a leading audit, accounting, tax, legal and advisory practice, combining the benefits of an integrated global partnership with the entrepreneurial drive of its senior advisors. |
Chadaphan Maliphan
Publication and Communication Manager Tel: +66 2 055 0623 |
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