06/09/2023
14/09/2023
14/09/2023
21/09/2023
21/09/2023
22/09/2023
22/09/2023
05/10/2023 [Save the date] GTCC Business Women Networking 3/2023
09/10/2023
12/10/2023
14/10/2023
For more events, please click HERE |
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LUFTHANSA GERMAN AIRLINES |
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Thailand records current account deficit of $0.4bn in July Thailand recorded a current account deficit of US$0.4 billion in July, after a surplus of copy.4 billion the previous month, the Bank of Thailand (BoT) said on Thursday. (Bangkok Post, 31/08/2023) More
Employment growth drops in Q2 as economy slows Employment in the second quarter rose 1.7% from a year earlier, slowing from a 2.4% increase in the previous three months, the state planning agency said on Monday, as economic growth slowed. (Bangkok Post, 28/08/2023) More
Digital money transfer could boost GDP growth to 5-7% next year The Pheu Thai Party's plan to transfer 10,000 baht to every Thai at least 18 years of age could raise the country’s gross domestic product (GDP) growth to 5-7% next year, according to the University of the Thai Chamber of Commerce. (The Nation Thailand, 27/08/2023) More
Exports down 6.2%, bigger slump than forecast Thai exports shrank for a 10th consecutive month in July, and at a far bigger rate than expected, as global demand remains sluggish, the Commerce Ministry said. (Bangkok Post, 25/08/2023) More
Chamber of commerce sets 3-point plan for Srettha to revive Thailand’s economy The chairman of the Thai Chamber of Commerce on Wednesday urged the new government to work urgently on reviving the economy and tourism with stimulus measures and by speeding up budget disbursements. (The Nation Thailand, 23/08/2023) More
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| Mazars technical update - August 2023 |
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Deutscher Export von Maschinen und Kfz boomt im 1. Halbjahr 2023 In der ASEAN kriselt zwar das Geschäft mit Luftfahrzeugen und den Covid-19-Impfstoffen. Doch die klassischen deutschen Technologiebranchen können die Einbußen überkompensieren. (GTAI, 28/08/2023) Mehr
Deutsche Exporte im 1. Halbjahr 2023 um 8,5 Prozent gestiegen Hohe Wachstumsraten in Indonesien bescheren den besten Wert der Ausfuhren in die ASEAN seit 2018. Die Region kompensiert einen Teil des deutschen Exportrückgangs in China. (GTAI, 24/08/2023) Mehr
Kfz-Produktion und -Verkäufe im 1. Halbjahr 2023 gestiegen In der ASEAN baut Thailand seine Stellung als größter Produktionsstandort und Indonesien seine Position als stärkster Verkaufsmarkt aus. In Vietnam bricht die Kfz-Branche ein. (GTAI, 07/08/2023) Mehr
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| Companies & Industrial Sectors |
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Aviation tech investments pick up after pandemic Aviation operators are investing greater amounts in technology to offset the slow post-pandemic recovery of human resources, which is lagging growing travel demand, according to SITA, an aviation IT provider. (Bangkok Post, 02/09/2023) More
Nitori to spend B240m on Thai furniture expansion Nitori, a Japanese furniture and home furnishings company, is poised to spend 240 million baht to expand its furniture business in Thailand through 2024. (Bangkok Post, 01/09/2023) More
Factory output falls 4.43% Thailand's manufacturing production index (MPI) in July dropped 4.43% from a year earlier, the Industry Ministry said on Thursday, as exports declined amid sluggish global demand. (Bangkok Post, 31/08/2023) More
Moving Thailand manufacturing up the value chain Despite accounting for over 6 million jobs and contributing to 34% of the Thai economy earlier in the year, it is no secret that the sector is on a downward spiral. (The Nation Thailand, 28/08/2023) More
Rising NPLs threaten car production Increasing non-performing loans in the automotive sector could affect Thailand's car manufacturing this year after NPLs rose by 2.05%, with 20,000-25,000 cars seized a month, says the Federation of Thai Industries (FTI). (Bangkok Post, 25/08/2023) More
Surge in business registrations for the provision of elderly care With Thailand already deemed to be an ageing society, meaning at least 10% of the population is over the age of 60, investments geared towards the elderly have gained significant attention. (Bangkok Post, 24/08/2023) More
Domestic tourism rebounds Domestic tourism in Thailand has bounced back 93% compared to 2019, the start of the Covid-19 pandemic, according to the Tourism Authority of Thailand (TAT). (Bangkok Post, 23/08/2023) More
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GTCC MULTI-CHAMBER EASTERN SEABOARD NETWORKING |
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Meeting backs forging digital framework The latest meeting of the Asean Economic Ministers (AEM) agreed to establish the Asean Digital Economy Framework Agreement (Defa) with the aim of boosting the value of digital trade within the Asean region to as much as US$2 trillion by 2030, up from $400 billion in 2021. (Bangkok Post, 31/08/2023) More
Slowdown in neighbouring economies affects Thailand’s border, over land trade The value of import and export across borders and over land in July dropped by 15.51% year on year due to a slowdown in the economies of Thailand’s neighbouring countries. (The Nation Thailand, 27/08/2023) More
Vietnam joins Southeast Asian effort on cross-border payments Vietnam's central bank signed an agreement to be part of an initiative by five other Southeast Asian countries to establish a cross-border payments mechanisms between them. (Bangkok Post, 25/08/2023) More |
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Chinese EV producer to set up Thai plant Omoda & Jaecoo International Co, a subsidiary of China's state-owned automobile manufacturer Chery International, plans to apply for Board of Investment (BoI) privileges to set up an electric vehicle (EV) production base in Thailand. (Bangkok Post, 04/09/2023) More
BMW places biggest bet yet on EVs BMW is once again turning to the “Neue Klasse” brand — this time as an electric vehicle — as the German automaker seeks to replicate past successes to catch up with trailblazer Tesla. (Bangkok Post, 02/09/2023) More
Ratch keen to invest B35bn Ratch Group Plc, Thailand's largest private power producer by capacity, remains committed to its plan to earmark capital expenditure of 35 billion baht for expansion in both the power generation and non-power sectors this year. (Bangkok Post, 02/09/2023) More
Green incubator project aims to mitigate effects of climate change The National Economic and Social Development Council (NESDC) in collaboration with the Asian Development Bank (ADB) recently launched the Thailand Green Incubator project in a bid to further promote the bio-circular-green (BCG) economy in Thailand. (The Nation Thailand, 31/08/2023) More
Industrial Estate Authority of Thailand teams up with 6 firms to explore hydrogen usage The Industrial Estate Authority of Thailand (IEAT) has joined hands with six Thai and Japanese firms to jointly study hydrogen fuel at the Map Ta Phut and Smart Park industrial estates in Rayong, part of efforts to help combat global warming. (Bangkok Post, 31/08/2023) More
SPCG still upbeat on revenue despite expiry of adder tariffs SET-listed SPCG, a pioneer in solar farm development in Thailand, expects revenue this year to be on par with last year, although it has lost money through the expiry of adder tariffs granted to its solar farms. (Bangkok Post, 25/08/2023) More |
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GTCC BUSINESS & STUDY TRIP TO GERMANY |
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Elite Card overhaul closely watched The increased difficulty of obtaining popular visas in Thailand and Singapore could benefit Malaysia, according to Juwai IQI, a regional real estate technology company. (Bangkok Post, 25/08/2023) More
Thailand-Pacific Alliance FTA benefits GDP and trade The Free Trade Agreement (FTA) with the Pacific Alliance (PA) has raised Thailand's gross domestic product (GDP) by 0.04% and boosted trade by 16.75%, benefiting various Thai exports. (The Nation Thailand, 23/08/2023) More |
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| Legal / HR / CSR / Education / Health |
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Free visa policy expected to boost condominium sales PM Srettha Thavisin's policy to offer free visas to Chinese and Indian tourists will likely boost sales of condominiums, the Real Estate Information Centre (REIC) said. (The Nation Thailand, 31/08/2023) More
Thailand running out of jobs for university graduates, NESDC reports The National Economic and Social Development Council (NESDC) has warned that new university graduates may find it tough to get jobs as demand is on the decline. (The Nation Thailand, 27/08/2023) More
No need for El Niño-related trade measures Special measures related to the export and import of products affected by El Niño may not be necessary this year, as trade activities remain unaffected by the weather phenomenon, according to the first meeting of the war room recently established to assess the impact of El Niño on Thai farm products. (Bangkok Post, 26/08/2023) More
SMEs urged to adopt digital tax to minimise transaction costs The Thai Chamber of Commerce and the Revenue Department are urging SMEs to switch to digital tax in order to minimise transaction costs and boost competitiveness. (The Nation Thailand, 22/08/2023) More
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Christian Ruge named new GM of Sindhorn Kempinski Hotel Bangkok Sindhorn Kempinski Hotel Bangkok is delighted to announce the appointment of Christian Ruge as the new General Manager, effective 1 August 2023. More
PERI Thailand Open Day 2023 8 September 2023. Discover the future of construction at their new Bangkok facility. There will be facility tours, product showcases, and live demonstrations. 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 Cengizhan Erturk Pronphan Seesongkram
Chamber Representative Lars Witzel
Chamber Representatives Luca Di Filippo Suttipat Pakavaleetorn
Chamber Representatives Tapanan Loretz Adrian Loretz |
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Chamber Representatives Pornpimon Klangsupan Paramee Ngoksamer
Chamber Representatives Stephan Rupf Sascha Jovanovic
Mr. Lars Gahtow |
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iba 22-26 October 2023, Munich, Germany The world’s leading trade fair for the baking and confectionery industry is the international meeting place for bakers, pastry chefs, restaurateurs, café owners, hotel professionals, and caterers as well as decision makers from the food retail market. More |
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ITB Asia 25-27 October 2023, Singapore The Asia's Leading Travel Trade Show is co-located with MICE Show Asia and Travel Tech Asia covering the key verticals in the travel industry such as Leisure, MICE, Corporate, and Travel Technology. With three shows in one event, it has become Asia's largest travel showcase. More
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GTCC Business & Study Trip to Germany. "Sustainable Agriculture" by visiting AGRITECHNICA 2023 and Exclusive Site Visits on 11-19 November 2023 in Hannover, Germany
The business & study trip's content will emphasize the importance of enhancing productivity in the agriculture sector with a focus on preserving the environment and climate. It aims to showcase innovative ideas and practices that enable the agriculture industry to achieve green productivity. This will be accomplished through visits to model farms for sustainable agriculture, leading German companies in agriculture sector, and the renowed trade show for agriculture machinery, AGRITECHNICA, located in Hannover. More |
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German Trade fairs take off powerfully Since January, more than 50 trade fairs have taken place in Germany, more than 60 are still planned until the end of March. Among them outstanding shows such as the travel fair ITB in Berlin, the world's leading trade fair for water, heat and air ISH in Frankfurt and the International Dental Show IDS in Cologne. The latter will celebrate 100 years of existence this March. More |
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Außenwirtschaftstag NRW 2023
21 September 2023, Congress Center Düsseldorf Der Außenwirtschaftstag NRW 2023 (AWT23) ist die größte Konferenz in Nordrhein-Westfalen für auslandsaktive Unternehmen zum internationalen Geschäft und wird alle zwei Jahre von den Industrie- und Handelskammern in Nordrhein-Westfalen e. V. veranstaltet. Unter dem Motto „International – Nachhaltig – Erfolgreich“ bietet der AWT23 einen spannenden und praxisnahen Mix aus Keynotes, Impulsen, Panels, verschiedenen Bühnen mit Vorträgen, der AHK-Lounge mit über 55 AHKs aus allen Regionen der Welt sowie einer Fachausstellung mit rund 60 Ausstellerinnen und Ausstellern. Freuen Sie sich unter anderem auf Mona Neubaur (Ministerin für Wirtschaft, Industrie, Klimaschutz und Energie des Landes NRW), Botschafter Christoph Heusgen (Vorsitzender der Münchner Sicherheitskonferenz) und Burkhard Dahmen (CEO der SMS Group). Buchen Sie jetzt Ihr Ticket!>> Hier |
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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 |
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ASEAN Snapshot 2023 The German Chambers ASEAN Business Council (GCABC), as a #PartnerInASEAN, is pleased to introduce to the fifth edition of the ASEAN Snapshot booklet with a variety of up-to-date charts and infographics about ASEAN economic developments, ranging from demographic, economics, trade and investment information. More |
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TSVD Career Day - 14 October 2023 The Thai Student Association in Germany (Thai Studenten-Verein in Deutschland - TSVD) will organise “TSVD Career Day” on 14 October 2023, 9:30 - 18:30 hrs., at Klett Haus Stuttgart. The event is supported by Dr. David Klett, Thai Honorary Consul in Stuttgart, as well as the Thai Embassy in Berlin and the Thai Consulate-Generals in Frankfurt and Munich. Mr. Roland Folger, Head of Projects Region Overseas (MS/O) of Mercedes-Benz AG, GTCC member, will be the speaker on "Labour situation of German companies in Thailand" at the event. For more information and sponsorship opportunity, click here
Stuttgart Ballet Gala Performance - 12 October 2023 Stuttgart Ballet Gala Performance will take place on Thursday 12 October 2023, 19:00 hrs. at Thailand Cultural Centre. The performance is part of the Bangkok’s 25th International Festival of Dance and Music. Stuttgart Ballet is a leading German Ballet Company dating back to 1609 which has kept its reputation as one of the top ten ballet companies in the world. All GTCC members will get 5% discount on purchase of 2 tickets and 10% discount on purchase of 4 or more tickets. Click here for ticket booking |
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Chadaphan Maliphan
Publication and Communication Manager |
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