Register now for our upcoming events
26/11/2024
27/11/2024
02/12/2024 [Save the Date] TEBA Seminar on “The Future of Mobility in Thailand: Embracing EU Market Dynamics, EV Trends, and Global Trade Challenges” @Jupiter Function Room at IMPACT 12/12/2024
13/12/2024
For more events, please click HERE |
|
FORVIS MAZARS IN THAILAND |
|
|
GTCC AFTERWORK NETWORKING - CHRISTMAS EDITION |
|
|
Govt sizes up Thailand's growth outlook The National Economic and Social Development Council (NESDC) last week forecast a Thai GDP growth rate of 2.3-3.3% in 2025, with an average of 2.8%.(Bangkok Post, 25/11/2024) More
Govt gets tips to run economy The government is mulling a white paper containing proposals on ways to revitalise the flagging economy, in the hope of reaching a 3% growth rate by the end of next year. (Bangkok Post, 25/11/2024) More
Thai economic and investment landscape under Trump 2.0 The global economy in the first quarter of 2025 will be shaped by three themes: US economic resilience, China's strategic pivot, and escalating economic tensions following Donald Trump's return to the White House. (Bangkok Post, 23/11/2024) More
Thailand's household debt rises to a worrying THB1.2 trillion SME non-performing loans have seen a 20% year-on-year increase, NCB report reveals. (The Nation, 21/11/2024) More
Digital transformation key to surviving economic uncertainty Transition to the digital economy and adopt AI and big data, ex-finance minister Somkid Jatusripitak tells business community. (The Nation, 21/11/2024) More
Trump tariffs ‘could cost Thailand B160 billion’ Thailand risks missing its economic growth target next year if US President-elect Donald Trump follows through with his pledge to raise tariffs as it could hurt the country’s exports and weaken the baht, according to a study. (Bangkok Post, 20/11/2024) More
|
|
Thailand gründet Ausschuss für Investitionen in Halbleiter Ein neues Gremium unter Vorsitz der thailändischen Premierministerin möchte den auf Massenware ausgerichteten Elektroniksektor um hochwertige Halbleiterproduktionen ergänzen. (GTAI, 04/11/2024) More
EU investiert in Global-Gateway-Projekte in Südostasien In ASEAN-Ländern treibt die EU 14 Leuchtturmprojekte voran. Von Transport- über Energie- und Digitalinfrastruktur bis zum Gesundheitssektor ist alles dabei. (GTAI, 23/10/2024) More
|
|
| Companies & Industrial Sectors |
|
|
|
New business registrations set to top 90,000 this year The number of new business registrations this year is expected to exceed 90,000, driven by the rebound in exports and tourism as well as the government's stimulus measures in the final quarter. (Bangkok Post, 25/11/2024) More
Thai auto output heading for three-year low on tight lending Thailand is expected to produce 1.5 million units of passenger cars and trucks this year, the lowest total since pandemic-disrupted 2021, as both domestic sales and overseas shipments slide, according to the Federation of Thai Industries. (Bangkok Post, 25/11/2024) More
Israel sees profit in Thai food nous Israeli food technology can help boost Thailand's agriculture sector and the two countries can together help strengthen global food security, said the Israeli Ambassador Orna Sagiv. (Bangkok Post, 25/11/2024) More
Thailand’s food trade to top THB700 billion next year The private sector is set to propel Thailand towards becoming a global food hub by 2026, with the value of the nation's food trade expected to surpass THB700 billion ($20 billion) next year. (Vietnam News Agency, 24/11/2024) More
New broom for industry First-time minister Akanat Prompan is already making his mark at the industry ministry. On his first day in office, he reportedly announced "industrial reform". The lofty goal focuses on three points of action. First, tackling industrial waste and polluting factories; second, raising the production capacity of local manufacturers, and third, supporting Thai industry to produce advanced and environmentally friendly products. (Bangkok Post, 20/11/2024) More
Italy-Thailand flights to increase as tourism booms Italian carrier ITA Airways plans to extend its flights to Thailand until the middle of next year, while the Tourism Authority of Thailand (TAT) is targeting a new record high for the Italian market in 2025 as international flights resume. (Bangkok Post, 20/11/2024) More
Thailand targets Japanese auto giants for investment, tech transfer Industry minister set to meet executives from top Japanese automakers to discuss investing in electric vehicle production and advancing mobility technology in Thailand. (The Nation, 20/11/2024) More
Chiang Mai Airbnb searches surge nearly 30% for Loy Krathong stays Interest in travel to Chiang Mai amongst international guests remains undimmed, according to Airbnb's most recent search data. (The Nation, 13/11/2024) More
|
|
Alarm over end of Thailand's free medicines policy A civil society group is unhappy with the Medical Council of Thailand's legal action against the National Health Security Office (NHSO)'s policy over free medicine for 16 ailments under the universal healthcare scheme. (Bangkok Post, 24/11/2024) More
Thailand, Malaysia promote seamless travel across Southeast Asia The Thai Ministry of Foreign Affairs led by its Minister Maris Sangiampongsa, has dispatched a team of advisers to Malaysia to discuss strategies to enhance tourism cooperation between the two countries. (VNEXPRESS, 24/11/2024) More China-Thailand Railway: A New Era of Connectivity With the roar of the whistle, a Harmony train loaded with "Made in Anning" departed from Anning North Port, Kunming International Dry Port, China, delivered the goods to Bangkok, Thailand via the China-Laos-Thailand Railway, and finally arrived at Ranong by road transportation. (Bangkok Post, 23/11/2024) More
ASEAN, Turkiye Explore Avenues for Enhanced Partnership At the Sixth ASEAN-Türkiye Sectoral Cooperation Committee (AT-JSCC) Meeting at the ASEAN Headquarters/ASEAN Secretariat, ASEAN and Türkiye reaffirmed their commitment to strengthening the ASEAN-Türkiye Sectoral Dialogue Partnership and explored opportunities for enhanced cooperation. (ASEAN.org, 22/11/2024) More
Govt to build new bridge to Cambodia The government is building a bridge that will permanently link Chanthaburi with Pailin province in Cambodia at a cost of about 15 million baht. (Bangkok Post, 22/11/2024) More
Thailand Post bullish on new alliance Thailand Post is forging the development of a cross border e-commerce economy with Vietnam and Indonesia through its regional alliance model and an integrated platform to boost the volume of Thai e-commerce. (Bangkok Post, 19/11/2024) More
Carbon Markets Club signs MoC at COP29 to support ASEAN carbon framework Five major carbon market associations from Thailand, Malaysia, Indonesia, Singapore, and ASEAN signed a Memorandum of Collaboration (MoC) at the 29th Conference of the Parties (COP29) held in Baku, Azerbaijan. (The Nation, 19/11/2024) More
|
|
Michelin pins investment on EV policy French tyre maker Michelin vows to expand its investment in Thailand, hoping to benefit from the government's electric vehicle (EV) promotion policy despite weak domestic car sales.(Bangkok Post, 25/11/2024) More
Thailand aims to achieve net zero carbon emissions ahead of schedule Thailand has set clear goals and appointed agencies responsible for climate change mitigation in a bid to achieve net zero carbon emissions earlier than 2065. (The Nation, 21/11/2024) More
Businesses still lack digital tools to reach sustainability goals, survey finds Like their peers elsewhere in the world, most Thai businesses still rely mainly on manual methods to measure their progress on sustainability, a survey has found. (The Story Thailand, 19/11/2024) More
Environment board to enforce Euro 6 standard on petrol engines The National Environment Board has resolved to enforce the Euro 6 standards for petrol internal combustion engines (ICE) from January 1 next year, Industry Minister Akanat Promphan said on Sunday. (The Nation, 17/11/2024) More
EVs expected to boost sales at upcoming motor expo The 41st Bangkok International Motor Expo, scheduled to start on Nov 29, offers distributors hope for car sales amid sluggish sentiment, with bookings at the event expected to increase from last year, driven by new EVs. (Bangkok Post, 15/11/2024) More
China's EV sector reaches 10 million production milestone, overcapacity fears deepen The China Association of Automobile Manufacturers, an industry consortium backed by the government, announced that the 10 millionth EV rolled off the production line, an increase of 4.3% from the same period last year, and beating the 2023 production seven weeks before the year's end.(Bangkok Post, 15/11/2024) More
Bridging agriculture and renewable energy Agriculture is a key sector in Thailand, however, it contributes to a significant number of environmental issues, particularly greenhouse gas emissions. As the world's population grows, the need for both food and clean energy increases. (The Nation, 13/11/2024) More
|
|
Thailand's Eastern Economic Corridor to include Prachin Buri The government is planning to expand the Eastern Economic Corridor (EEC) to include the eastern province of Prachin Buri, in the hope of turning it into a hub for health and tourism for senior citizens. (Bangkok Post, 24/11/2024) More
The investment lure of printed circuit boards The rapid growth of the printed circuit board (PCB) industry in Thailand has convinced the Board of Investment (BoI) a "big wave" of foreign PCB manufacturers are investing here. (Bangkok Post, 24/11/2024) More EEC green light for new medical centre Authorities have approved a plan to develop a medical and health centre in Rayong's Pluak Daeng district to support the government's goal of growing investment in S-curve industries in the Eastern Economic Corridor (EEC). (Bangkok Post, 20/11/2024) More
|
|
| Legal / HR / CSR / Education / Health |
|
|
|
Campaign takes aim against discrimination in Thailand Thai civil society organisations have begun a campaign promoting five recommendations to the government they say would help tackle the discrimination that is still prevalent against vulnerable groups. (Bangkok Post, 24/11/2024) More
Game-changing trends every business leader needs to know for 2025 At the recent “Moving Forward” event held by BTS Thailand, over 100 human resources and L&D leaders gathered to explore innovative strategies for starting 2025 with renewed momentum. (Bangkok Post, 24/11/2024) More
Bangkok airport immigration speed and security to the fore The Immigration Bureau (IB) aims to improve its work at Suvarnabhumi airport by implementing new technology, including the Thailand Immigration System (TIS). (Bangkok Post, 17/11/2022) More
|
|
Bluechips & Zollner Enter Joint Venture Zollner and Bluechips – two family-owned companies go hand-in-hand into the future. Strategic development of their footprint on the Asian market. More
GTCC members' promotions Check out GTCC members' special offers on accommodation, restaurant / food delivery, and other services. More |
|
Messe-Insights The AUMA exhibitor outlook for 2024/2025, based on a comprehensive survey of 400 exhibiting companies, provides valuable insights into the industry's trajectory. Conducted by Bonsai Research, the study reflects the perspectives of top-level marketing/trade fair executives, offering a unique and thorough analysis of the German-speaking trade fair landscape. (Report only available in German, HERE) |
|
|
Scam emails alert It has come to our attention that some of our members have received emails with the message "If you're interested to get the Distribution/Member List" mentioning GTCC in the email's subject/content.
Please DO NOT respond or click any links/attachments as the emails are not from our chamber. |
|
AHK World Business Outlook - Fall 2024 The AHK World Business Outlook is based on a regular DIHK survey of the member companies of the German Chambers of Commerce Abroad, delegations and representative offices (AHKs). The survey was conducted from 23 September to 16 October 2024. Results of the survey can be downloaded HERE. |
|
|
ASEAN Snapshot 2024 The German Chambers ASEAN Business Council (GCABC), as a #PartnerInASEAN, has recently launched the latest edition of the ASEAN Snapshot with a focus on the German-ASEAN business relations. The snapshot contains a variety of up-to-date charts and infographics about ASEAN economic developments, ranging from demographic, economics, trade and investment information. More |
|
|
AHK World Business Outlook 2023 (ASEAN Focus) The 2023 survey has been complemented by the German Chambers of Commerce Abroad (AHKs) in the ASEAN region between 20 March and 16 April 2023, in order to derive more insights from the regional business climate. AHK offices are present in seven of the 10 ASEAN member states: Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam, also coordinating activities in Myanmar, Cambodia and Laos. More |
|
|
Position Paper: Why German Businesses support an EU-ASEAN FTA This comprehensive position paper underscore the significance of the proposed FTA. The agreement would incentive investments and facilitate the diversification of supply chains and customer bases. As a result, business in the EU and ASEAN can mitigate their reliance on a single market, thus fostering greater resilience and stability. The survey was conducted by the Singaporean-German Chamber of Industry and Commerce in June 2023 and gathered data from 169 member companies of German Chambers located in ASEAN. More |
|
|
Survey report on "Expectations and Challenges of an EU-Thailand FTA" The European Association for Business and Commerce (EABC) has released a survey report titled "Expectations and Challenges of an EU-Thailand Free Trade Agreement (FTA): Perspectives from European Business in Thailand." More |
|
|
Chadaphan Maliphan
Publication and Communication Manager |
|
|
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. |
|
|
