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01.07.2020
14.07.2020 [Save the date] GTCC Webinar: “Impacts on Cashflow & Business Valuation"
16.07.2020 |
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Govt plans B50bn fund for small firms hit by pandemic The government will seek cabinet approval next week for a 50 billion baht fund to help small businesses affected by the coronavirus outbreak. (Bangkok Post, 29/06/2020) More
EEC Office targets B100bn in annual application value Despite bearish investment sentiment caused by the coronavirus outbreak, the Eastern Economic Corridor (EEC) Office still aims to increase investment applications for the corridor by 100 billion baht every year, for a combined 300 billion baht between 2019 and 2021. (Bangkok Post, 29/06/2020) More
B100bn of recovery projects screened by economic agency The National Economic and Social Development Council (NESDC) has screened the first round of 213 projects worth 101.48 billion baht out of a 400 billion baht budget earmarked to help those suffering from the impact of the Covid-19 pandemic.(Bangkok Post, 27/06/2020) More
Bids for extension of Orange Line to be invited next month The MRTA board meeting on June 26 gave the go-ahead to invite bids from private contractors from July 3-9. The documents will be sold from July 10-24 at Exhibition Room 1, MRTA Building 1, 9am to 3pm. (The Nation, 27/06/2020) More
NBTC signs deal with airports to back 5G The National Broadcasting and Telecommunications Commission (NBTC) has signed a deal with the Department of Airports (DoA) to support 5G technology for its regional airports, with Krabi airport serving as a pilot project. (Bangkok Post, 25/06/2020) More
Govt signs U-Tapao 'airport city' deal The state agency overseeing eastern seaboard development, on Friday signed a 290-billion-baht deal to build the Eastern Airport City Project at U-Tapao. (Bangkok Post, 20/06/2020) More
BoT readies digital currency payment system The Bank of Thailand has announced a project to develop a prototype payment system for businesses using the Central Bank Digital Currency (CBDC), which will build upon knowledge from Project Inthanon. (Bangkok Post, 19/06/2020) More
BoI approves B42bn of investment plans The Board of Investment (BoI) has approved five investment project applications worth about 41.8 billion baht and measures to strengthen the agricultural sector and agro-industry, the state investment agency said Wednesday. (Bangkok Post, 17/06/2020) More |
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GTCC WEBINAR WITH BMW GROUP, DBS & TPQI |
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Aufstrebendes Schwellenland in Südostasien Thailand ist ein wichtiger Akteur in der ASEAN-Region. Gemeinsam mit Deutschland arbeitet das Land seit fast 60 Jahren für nachhaltige Entwicklung. (GTAI, 25/06/2020) More
Unterstützung beim Schritt nach Thailand Die Bundesregierung fördert nachhaltiges unternehmerisches Engagement in Thailand mit vielfältigen Angeboten von Beratung bis Finanzierung. (GTAI, 19/06/2020) More
Thailand hat Covid-19 besiegt, aber die Wirtschaft leidet stark Die Konjunktur Thailands hängt vom Tourismus und Außenhandel ab. Industrie, Dienstleistungen, Konsum und Investitionen schrumpfen. Wenige Branchen werden sich zügig erholen. (GTAI, 19/06/2020) More
Covid-19: Allgemeine Situation und Konjunkturentwicklung Thailand hat den Coronavirus im Griff. Die Stimmung der Verbraucher und Unternehmer ist aber stark getrübt. Staat und Wirtschaft suchen nach Impulsen. (GTAI, 17/06/2020) More |
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GTCC ICE BREAKER NETWORKING WELCOME BACK! |
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| Companies & Industrial Sectors |
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Industry Ministry splashes out on tech and development The Industry Ministry is planning 1.9 billion baht in spending to help farmers and small and medium-sized enterprises (SMEs) as part of a 10-billion-baht pandemic relief proposal submitted to the National Economic and Social Development Council. (Bangkok Post, 27/06/2020) More
PDMO launching cheap bonds via blockchain The Public Debt Management Office (PDMO) plans to sell 200 million baht worth of savings bonds with a smaller ticket at an unprecedented face value of 1 baht each through Krungthai Bank's (KTB) blockchain-based e-wallet to enable retail investors to better access the savings alternative. (Bangkok Post, 16/06/2020) More
TOP issues $1bn in debentures Thai Oil Plc (TOP) has issued US$1 billion in debentures or senior unsecured notes to foreign institutional investors in a bid to maintain cash on hand and continue development projects in the pipeline during the economic downturn. (Bangkok Post, 16/06/2020) More
New Egat contract cuts gas purchases from PTT State-run Electricity Generating Authority of Thailand (Egat) is fuelling its growth in liquefied natural gas (LNG) shipping by reducing its gas purchases from national energy conglomerate PTT in a new 10-year contract. (Bangkok Post, 22/06/2020) More
BoI, EEC to hurry new S-curve perks The Board of Investment (BoI) and Eastern Economic Corridor (EEC) Office have been ordered to speed up rejigging promotional privileges for five new S-curve industries to make them more enticing for foreign investment. (Bangkok Post, 23/06/2020) More
NokScoot goes out of business The regional budget airline NokScoot is shutting down, saying it cannot recover from the impact of the coronavirus outbreak. (Bangkok Post, 26/06/2020) More |
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PM urges Asean travel relaunch Thailand has called on Asean members to collaborate over public health in a bid to reopen intra-regional travel as part of post-Covid 19 measures to restore the regional economy. (Bangkok Post, 27/05/2020) More
ASEAN Summit: Thai PM suggests three principle after Covid-19 situation Prime Minister Prayut Chan-o-cha proposed a three-pronged strategy for regional recovery from the Covid-19 crisis during his teleconference speech at the 36th Asean Summit on June 26. (The Nation, 26/05/2020) More |
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Thailand offers tax perks to spur pharma investments While Thailand hosts one of the largest pharmaceutical sectors in South-east Asia, it imports some 90 per cent of the ingredients for finished products. Thailand's Board of Investment in April approved measures to speed up development in this sector. (The Strait Times, 06/06/2020) More
B.Grimm aiming for second LNG licence for power plant B.Grimm Power (BGRIM) will ask the government to grant it a second licence to import liquefied natural gas (LNG) as it is developing a new gas-fired power plant. (Bangkok Post, 29/06/2020) More |
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High-tech Smart Park to get nod The cabinet is expected to approve the 12-billion-baht Smart Park industrial estate this September, the first step to make the eastern coast a high-tech industry hub in the region. (Bangkok Post, 25/06/2020) More
Dasta urges community tour packages The Designated Areas for Sustainable Tourism Administration (Dasta) aims to push community-based tour packages subsidised by the government for the 1.2 million health volunteers that assisted in fighting the pandemic. (Bangkok Post, 25/06/2020) More |
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| Legal / HR / CSR / Education |
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Mahanakorn Partners Group: Two updates on the Land and Building Tax Act This MPG update illustrates two Notifications and a Royal Decree related to the Land and Tax Act B.E. 2562 (2019). More |
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| Important update on COVID-19 |
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State of emergency extended until end of July The state of emergency was extended for another month, until July 31, at the meeting of the government’s Centre for Covid-19 Situation Administration (CCSA). (The Nation, 29/06/2020) More
Nightlife to resume, some foreigners allowed in All night entertainment venues, including wet massage parlours, will open their doors again on 1 July 2020 and some foreigners will be allowed into the country, but not tourists, as virus lockdown restrictions are further eased. (Bangkok Post, 29/06/2020) More Thailand ranks second in the world and first in Asia for COVID-19 recovery Thailand comes second after Australia among the countries with the highest COVID-19 recovery index, and it is ranked first in Asia, according to a report issued by the Global COVID-19 Index (GCI) on 11 June 2020. (Thailand PRD, 11/06/2020) 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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Medical and Clean Room Technology Webinar by ARBURG ARBURG in ASEAN will organise a medical and clean room technology webinar via Zoom video conferencing app, to provide more benefits and updated technology on medical and clean room for plastics processing on 1 July 2020, 15.30 – 16.30 (Singapore time). For registration, click here.
Enapter: Hydrogen microgrid costs now cheaper than diesel Enapter’s latest findings indicate that 100% renewable microgrids are more resilient and economic than diesel. The company has been researching the feasibility of using hydrogen within microgrids in a bid to replace fossil fuels with carbon free alternatives. More
Q&A with President of BMW Group Thailand Alexander Baraka, President of BMW Group Thailand, talks sustainability, strategies, the future of the automotive landscape, and identifying Thailand as a key regional player. (Prestige, 16/06/2020) 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 Christian Wurm and Jaclyn Yong
Khun Kanin Silpa-Archa |
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Chamber Representatives Bruce Pierce and Joerg Sandmann |
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Exclusive offer: Get 20% discount at Goji Kitchen+Bar |
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Conditions: -Present your GTCC membership card upon arrival. -Advanced reservations are required and blackout dates applies
Validity period: Now - 31 July 2020 |
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EnergyDecentral The leading trade fair for innovative energy supply Date: 17-20 November 2020 More |
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Strong trade fair programme planned for 2021 The exhibition organisers in Germany are planning a particularly extensive range of trade fairs for 2021: Around 190 international and national events are on the programme, 20 of which have been postponed from 2020 to next year due to the corona pandemic. More |
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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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Innovation Challenge in Bangkok Enable Southeast Asia is a project powered by enpact and SmartHectar. Our goal is to foster innovation in AgriFood & WaterTech while promoting collaboration between promising startups and corporates. After some delays due to COVID-19, we are beyond excited to start the project with an Innovation Challenge in Bangkok for CP Foods, one of the biggest food companies in the region. The Challenge will run from September 14-17, 2020 @True Digital Park For more information, click here. |
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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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