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04.06.2020
11.06.2020 [Save the date] GTCC Virtual CEO Forum "Best practices for restructuring/reopening of your business operations amidst Covid 19"
17.06.2020 [Save the date] GTCC Webinar "Legal and practical aspects for remote working"
18.06.2020 [Save the date] GTCC Virtual Stammtisch
23.06.2020
25.06.2020 [Save the date] GTCC Webinar “The future of aviation industry: Travelling safely in times of coronavirus - and beyond” |
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Bank of Thailand ready to curb recent baht strength The Bank of Thailand said it’s concerned about a recent rapid appreciation in the currency and added it’s ready to take steps to curb a climb that could imperil an already fragile economy. (Bangkok Post, 01/06/2020) More
Hard road to recovery Thailand's economy in 2020 will face its longest period of contraction since the Asian financial crisis of 1997-98. The economy shrank by 1.8% year-on-year in the first quarter, from growth of 1.5% a year earlier, as weak exports, public consumption and investment dragged on headline growth. (Bangkok Post, 01/06/2020) More
Registrations see further fall in April New business registrations fell again in April, with the figures down 33% year-on-year from the same month last year after a 12% drop in March. (Bangkok Post, 28/05/2020) More
Govt to consider joining Asia-Pacific trade pact in a month The cabinet has agreed to set up a committee to consider whether Thailand should seek membership in an Asia-Pacific trade agreement after widespread opposition last month amid concerns joining the pact may harm the agriculture industry. (Bangkok Post, 26/05/2020) More
NESDC okays guideline for B400bn rehabilitation The state planning unit, the National Economic and Social Development Council (NESDC), on Monday approved a guideline for the 400 billion baht slated for economic and social rehabilitation under the government's 1.9-trillion-baht relief measure to soften the economic blow from the deadly virus outbreak. (Bangkok Post, 26/05/2020) More
Pattaya City unveils plans for nine-kilometre monorail The Pattaya City administration plans to build a monorail to ease traffic congestion and connect the city with the government's flagship Eastern Economic Corridor project. (Bangkok Post, 24/05/2020) More
Navy to finalise U-tapao deal The navy will sign a contract next month with BBS Joint Venture to build the 290-billion-baht Eastern Airport City Project at U-tapao airport which is one of five megaprojects under the government's infrastructure development in the Eastern Economic Corridor (EEC). (Bangkok Post, 22/05/2020) More
BoI seeks to lure makers of medical equipment As Asian supply chains reshuffle in the wake of the pandemic, the government is focusing its efforts to attract foreign investors in need of a new manufacturing base around the medical devices sector, a promising industry in light of the health crisis. (Bangkok Post, 22/05/2020) More |
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Coronavirus treibt Digital Health voran Das Gesundheitswesen investiert wegen der Covid-19-Epidemie verstärkt in E-Health. Digitale Technologien sind gefragt, allerdings fehlen der rechtliche Rahmen und die Koordination (13/05/2020) More |
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MÖVENPICK BDMS WELLNESS RESORT BANGKOK |
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| Companies & Industrial Sectors |
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FTI sounds alarm on auto industry The Federation of Thai Industries (FTI) has issued a dire warning to the government, saying the state must provide substantial assistance to the automotive sector and related supply chains or the sector risks collapse. (Bangkok Post, 01/06/2020) More
Thailand rises in Cloud Readiness Index Thailand jumped one spot to ninth in the Cloud Readiness Index (CRI), according to the Asia Cloud Computing Association (ACCA). (Bangkok Post, 01/06/2020) More
Ministry-led B5bn venture capital fund moves ahead The Industry Ministry and two other government bodies will discuss a proposal to form a 5-billion-baht venture capital fund to support industries struggling as a result of the coronavirus pandemic. (Bangkok Post, 29/05/2020) More
Two-year path to prior growth seen The economy could take at least two years to return to pre-coronavirus growth levels and this year's nadir could be delayed in the event that a second-wave outbreak occurs, says Standard Chartered Bank Thai. (Bangkok Post, 29/05/2020) More
BAFS turns attention to diversified services Bangkok Aviation Fuel Services Plc is focusing its attention on diversified business projects after its core business of aviation refuelling took a devastating hit. (Bangkok Post, 30/05/2020) More
Central to take over FamilyMart Central Retail Corporation Plc (CRC) has acquired 100% of the shares of FamilyMart, a major convenience store chain, to develop a new business model. (Bangkok Post, 28/05/2020) More
Rubber glove exports get pandemic boost Global demand for protective gloves is soaring in light of the coronavirus pandemic, driving Thailand's rubber glove exports to surge 16% year-on-year in the first four months of 2020. (Bangkok Post, 27/05/2020) More
Depa helps Revenue upgrade The Digital Economy Promotion Agency (Depa) is assisting the Revenue Department in developing big data analytics systems to analyse taxpayer behaviour to improve their services and upskill Revenue officials who deal with emerging tech, such as data science. (Bangkok Post, 26/05/2020) More
Brand new retail The retail industry, one of the sectors hardest hit by the Covid-19 pandemic, is gradually reopening its brick-and-mortar operations as lockdown measures start to ease in many countries including Thailand. (Bangkok Post, 25/05/2020) More
Local SMEs set to make aircraft parts The Royal Thai Air Force (RTAF) is helping SMEs expand into manufacturing aircraft parts for the maintenance and repair industry in a new venture. (Bangkok Post, 22/05/2020) More |
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GTCC WEBINAR WITH THE CHANGE INITIATIVE CO., LTD.. |
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New challenges for Asean This year marks the midpoint of the 10-year journey toward the realisation of the Asean Community Vision 2025. The journey began with the formal establishment of the Asean Economic Community (AEC) in 2015, and envisions deeper regional integration in terms of political and security dimensions over the next five years. (Bangkok Post, 01/06/2020) More
Bangchak to sell Nido subsidiary Mostly state-owned energy firm Bangchak Corporation Plc plans to sell a subsidiary, Nido Petroleum Pty Ltd, which operates oil and gas drilling in the Philippines. (Bangkok Post, 30/05/2020) More |
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Striving for a greener future Thailand works with Germany to achieve sustainable development.The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH is training energy officers nationwide under a partial coronavirus lockdown to fight climate change. It is working in 120 countries to promote international cooperation in various fields for sustainable development. (Bangkok Post, 01/06/2020) More |
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‘Tesla of Thailand’ keeps factories running in virus lockdown Thailand’s biggest electric-vehicle venture has stayed mostly in gear during the Covid-19 pandemic, with Energy Absolute Plc (EA) ontinuing construction on a lithium-ion battery plant and vehicle development. (Bangkok Post, 20/05/2020) More |
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| Legal / HR / CSR / Education |
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70% of SET firms ready for PDPA Some 70% of SET-listed companies are prepared for the Personal Data Protection Act (PDPA) related to capital market compliance, according to a survey conducted by the Securities and Exchange Commission (SEC). (Bangkok Post, 26/05/2020) More
Household debt risks boiling over The country's household bad debt is expected to reach 1 trillion baht this year, putting the ratio to total loans outstanding into double digits as debt-servicing ability erodes amid coronavirus-induced income shocks, says the head of the National Credit Bureau (NCB). (Bangkok Post, 23/05/2020) More Survey finds shifts in spending habits The spending habits and behaviours of Thai consumers are changing as new habits take shape across the globe. These findings come from a Visa survey of consumers from across 40 countries, including Thailand. (Bangkok Post, 21/05/2020) More |
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| Important update on COVID-19 |
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Third phase of easing of lockdown starts on June 1 Thai government’s Centre for Covid-19 Situation Administration (CCSA) decided to implement the third phase of relaxation of lockdown measures. (The Nation, 29/05/2020) More
Foreigners allowed to enter Thailand on case-by-case basis Under phase 3 of the lockdown relaxation, foreigners with work permits or permission from the Labour Ministry or other government agencies will be allowed to enter the country after registration. (The Nation, 29/05/2020) More Hotline and email to reach German Embassy Bangkok German Embassy Bangkok is not open for public visits. It can be reached via Hotline @ 02-287-9123 (Monday to Friday 9.00 am – 8.00 pm, Saturday to Sunday 10.00 am – 4.00 pm) & email <info@bangk.diplo.de>
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Regulator awards licence for LNG to B.Grimm Power The Energy Regulatory Commission (ERC) granted a licence to B.Grimm Power Plc to trade liquefied natural gas (LNG) in Thailand, the third of its kind awarded since the ERC opened LNG trade to the private sector. (Bangkok Post, 28/05/2020) More
Bumrungrad launches "60-Second Service," responding to the new normal trend Patients are welcome to visit the conveniently located clinic for quick vaccinations or to pick up their prescription medications.More
GTCC members’ social contributions during the COVID-19 pandemic German-Thai business community takes part in fighting against the impact of the COVID-19. GTCC members support Thai people, healthcare professionals and Thai government with dedication and passion. More
GTCC members' promotions Check out GTCC members' special offers on accommodation, restaurant / food delivery, and other services. More |
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Chamber Representatives Yogesh Peter Kotak and Wolfgang Bonder
Chamber Representative Tom Sorensen |
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Chamber Representative Richard David Gadd |
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Exclusive offer: 20% discount on all products. |
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Conditions:
For more information, please contact: |
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EnergyDecentral The leading trade fair for innovative energy supply Date: 17-20 November 2020 More |
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EuroTier 2020 The world's leading trade fair for animal production Date: 17-20 November 2020 More |
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German politics sends first signals for trade fair restart The German federal states will decide in future, as of when exhibitions can be realised, if guidelines for hygiene and personal distance are fulfilled. Government and federal states agreed that simultaneously, exhibitions will no longer be regarded as mass events. More |
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AHK-Online-Sprechtag 2020 25.06.2020 nur noch ein Monat bis zum AHK-Online-Sprechtag am 25. Juni 2020! Bereits jetzt haben sich AHK-Vertreter aus rund 70 Ländern angemeldet. Mehr |
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AHK World Business Outlook Spring 2020 Results of the survey by the Network of German Chambers of Commerce Abroad (AHKs) show that the global economy and thus the business of German companies abroad are in a substantial crisis. Two thirds of the more than 4,000 companies surveyed by the AHKs worldwide expect the economy to deteriorate in the respective countries. More |
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ASEAN Snapshot 2020 The third edition of the ASEAN Snapshot presents a selection of key economic indicators on ASEAN and information of German-ASEAN business relations. ASEAN Snapshot aims to provide audiences with an overview of the business developments of ASEAN, ranging from demographic, economics, trade and investment as well as the business relations of selected 7 ASEAN-nations with Germany. More |
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Chadaphan Maliphan
Publication and Communication Manager |
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