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Register now for our upcoming events:
24.07.2019
08.08.2019 [By invitation only] GTCC Members Speed Networking 2/2019
08.08.2019
14.08.2019
23.08.2019 [Save the date] GTCC Members Exclusive Site Visit to Ducati Motor (Thailand) Co., Ltd.
12.09.2019 [Save the date] GTCC Meets the German Ambassador |
Strong baht hits foreign investment fund returns, TMB says The strong baht has cut the value of the foreign investment fund (FIF) under fund management, falling by Bt27 billion from Bt1.2 trillion at the start of the year, TMB Bank said. (The Nation 22/07/2019) More
Moment of reckoning Pledges to fulfil election campaign policies are on the verge of being labelled fact or fiction as the new coalition government ramps up efforts to reinvigorate the lacklustre economy. (Bangkok Post, 22/07/2019) More
Transport minister moving ahead with B880bn infrastructure projects Transport Minister is moving ahead with the mega-infrastructure investment projects started by the previous government, worth a combined 880 billion baht. (Bangkok Post, 21/07/2019) More
Strong fundamentals keeping Thai economy stable, IMF report shows Domestic consumption and investment on infrastructure is allowing the Thai economy to grow continuously, according to the International Monetary Fund (IMF). (The Nation, 20/07/2019) More
Brainstorms on South development with Transport Newly installed Commerce Minister Jurin Laksanawisit along with Deputy Transport Minister and Deputy Interior Minister held a multi-party discussion on measures to boost the economy of five provinces in the South. (The Nation, 20/07/2019) More
Profiles of Members of Prayut II Cabinet, on economic affairs H.M. King Maha Vachiralongkon issued a royal command to appoint a 36-member Cabinet with Gen Prayut Chan-o-cha as prime minister and defence minister on July 10, 2019. Brief backgrounds and qualifications of the economy ministers can be found here (The Nation, 17/07/2019) More |
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Companies & Industrial Sectors |
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Third Bangkok airport proposed The Airports Department has proposed building a new airport in Nakhon Pathom province west of Bangkok to relieve congestion at the capital’s two main gateways. (Bangkok Post, 20/07/2019) More
BoT more amenable but still leery of Libra landing Bank of Thailand governor has toned down his hostility towards Facebook's digital currency plan, but prudent study of both the benefits and risks of the virtual coin is still needed. (Bangkok Post, 19/07/2019) More
Central bank launches quicker, safer QR-payment system The Bank of Thailand, with some commercial banks, has launched a new version of QR code-payment, saying this will be more convenient and offer better security for both consumers and businesses. (The Nation, 19/07/2019) More
SET works with think tank IPPD on sustainable development The Stock Exchange of Thailand (SET) and the Institute of Public Policy and Development (IPPD) have signed a memorandum of understanding (MoU) to jointly research ways to boost the country’s economic and social development. (The Nation, 19/07/2019) More
Domestic car sales down Domestic car sales contracted for the first time in 30 months in June, down 2.1% from a year earlier to 86,048 units, after increasing 3.7% in May. (Bangkok Post, 18/07/2019) More
Chipping away at power The ombudsman has ruled that state-run Electricity Generating Authority of Thailand (Egat) must re-establish a majority hold on national generation, but this plan may not be feasible. (Bangkok Post, 15/07/2019) More |
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ASEAN ministers to sign deal on ASEAN MRAs ASEAN economic ministers are scheduled to sign a pact on mutual recognition arrangements (MRAs) for automobiles and parts as well as the improvement of protocols for dispute settlement mechanisms in September. (Bangkok Post, 19/07/2019) More
Drafting of ASEAN documents approved by Cabinet The 52nd meeting of ASEAN foreign ministers, scheduled for July 30-August 3 in Bangkok, will discuss several key issues, including a push for Smart City projects around the region and in many Chinese cities. (The Nation, 15/07/2019) More
Federation promotes standards for organic goods in ASEAN The private sectors of ASEAN nations are preparing organic standards to reduce production costs and improve supply chain management. (Bangkok Post, 12/07/2019) More |
The coming storm It's been over two years since the government laid a foundation for electric vehicle (EV) production in the country. Auto parts makers can survive the shift to EVs, but losses loom for those that cannot adapt. (Bangkok Post, 22/07/2019) More
MEA in Smart City MOU with Krungthep Thanakom Metropolitan Electricity Authority (MEA) and Krungthep Thanakom Co., Ltd. signed a memorandum of understanding (MoU) to develop electricity infrastructure for the Smart Metropolitan Bangkok project. (Bangkok Post, 15/07/2019) More
Banpu sets store by BPIN's renewable tech Coal mine operator Banpu expects revenue from its energy technology segments under subsidiary Banpu Infinergy (BPIN) to represent 10% of the total by 2025. (16/07/2019) More |
Continental building new motorcycle tire factory in Rayong Continental laid the cornerstone for a new motorcycle tire factory in Rayong, Thailand on 10 July 2019. The company plans to invest approximately EUR 26 million here. When the plant comes on stream in 2021, production will initially focus on radial tires, followed at a later stage by bias-ply/cross-ply models. It will also create approximately 100 new jobs. More |
Legal / HR / CSR / Education |
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Reskilling initiatives: why some fail and some succeed According to The Future of Jobs Report 2018 by the World Economic Forum, 51% of the workforce in Thailand needs to go through some form of reskilling. This means that half of the graduates in Thailand aren’t ready for the jobs they’re about to take. (Bangkok Post, 22/07/2019) More
Rewarding board excellence The winners of Thailand's Board of the Year Awards will be announced Wednesday, highlighting the country's top listed-company boards in terms of their vision, performance and commitment to good governance and sustainability. (Bangkok Post, 22/07/2019) More
People will shape the future of business In a future defined by artificial intelligence and automation, businesses have started backing people to set themselves apart. They see a marriage of talented teams with innovative technology and producing better products at a lower cost as the key to success. (The Nation, 10/07/2019) More |
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Baker McKenzie Named Number One Legal Brand in Asia Pacific For Third Straight Year Baker McKenzie has been named number one legal brand in the Asia Pacific region for the third consecutive year, according to the Acritas Asia Pacific Brand Index 2019. More
Thai Union recognized in Asian Excellence Award and Asiamoney Award Thai Union Group PCL has been recognized in two major corporate governance awards in Asia: Asia’s Best CEO and Best Investor Relations Company at 9th Asia Excellence Award 2019. More
OIA now on Instagram OFFICE FOR INTERIOR & ARCHITECTURE (OIA) is now on Instagram that allows them to share moments, stories and images. The account is chronologically themed to take you back to OIA’s early formative days and guide you through the decades of work up until presence. More
SSI Schaefer awarded the Best of Industry Award 2019 This marks the fourth time that excellent innovations from this industry have been awarded the Best of Industry Award. The award in the category “Material Flow” was presented to SSI Schaefer for the innovative SSI Flexi Shuttle during an evening gala. More |
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Featured: Pharma market in Thailand: Rising demand, but tougher competition; Pharmaceuticals: Working towards a healthier future; Interview: Bayer Thai Co., Ltd. and Polipharm Co., Ltd.; GTCC Gala Night 2019 "fairy Tales" // Business Brief // Chamber Activities // GTDEE Insights // Trade Fairs // Members' Corner |
Exclusive offers: 10% discount for STE products
Conditions: The offer is not valid for cartridges
Validity period: Now – 31 December 2019 |
DELEGATION TRIP ASEAN 20 - 26 October 2019 NRW.International supports small and medium-sized enterprises in accessing selected markets worldwide with a high-quality program of business trips. This autumn, Thailand and Singapore are the target countries. |
Join GTCC Business & Study Trip to Germany "Industry 4.0 / Smart technologies driving tomorrow's production" by visiting EMO Hannover 2019 and Exclusive Site Visits 14-22 September 2019
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 |
German exhibitions 2018: More exhibitors from all continents Last year more exhibitors from all over the world came to exhibitions in Germany. All told, there were around 118,000 foreign exhibitors at the 178 international and national exhibitions, 4.4% more than at the respective previous events. More |
Doing business in Thailand |
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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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