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07/08/2024
09/08/2024
15/08/2024
16/08/2024
22/08/2024
22/08/2024
23/08/2024
27/08/2024 [Invitation only] GTCC New Members Meet-up 4/2024 @ The Great Room, Gaysorn Tower
04/09/2024 [Save the Date: 08:30-10:30 hrs.] Executive Breakfast Talk "Women in Leadership: Manufacturing & Logistics" Supported by Rhenus Logistics
18-19/10/2024
For more events, please click HERE |
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FORVIS MAZARS IN THAILAND |
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GTCC AFTERWORK WITH FORVISMAZARS |
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Ministry launches recovery project The Commerce Ministry has joined forces with government agencies to launch a nationwide economic recovery project over a period of three months which is expected to reduce the cost of living by up to 7 billion baht. (Bangkok Post, 03/09/2024) More Fuel consumption declines by 0.05% Total fuel consumption dropped by 0.05% year-on-year to 156.6 million litres per day (MLD) during the first half of 2024, consistent with the country's economic growth, says the Department of Energy Business. (Bangkok Post, 03/09/2024) More Thailand heading for decade of low growth The Thai economy is projected to expand by an average of 2.8% per year over the next decade, boosted by a tourism rebound, its status as a regional automotive hub, and the regionalisation of large Thai conglomerates, says a DBS Bank report. (Bangkok Post, 02/09/2024) More
Finance Ministry raises GDP growth expectations
Thailand's economy is expected to grow 2.7% in 2024, the Ministry of Finance said on Friday, up from a previous forecast of 2.4% due to higher foreign tourist arrivals and exports.(Bangkok Post, 26/07/2024) More Exports fall for first time in 3 months, weaker than expected
Thai exports fell for the first time in three months in June due to slowing agriculture and food sales, the Commerce Ministry said on Friday, adding that it still expected exports to grow overall in 2024. (Bangkok Post, 26/07/2024) More
Thailand bets on B500bn cash handout to revive economy
The government expects the rollout of a long-delayed cash handout to most adult citizens to help reverse a slump in economic activity and tackle the highest household debt in Southeast Asia. (Bangkok Post, 24/07/2024) More
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EU Antidumping - Rohrformstücke mit Ursprung in China und Thailand Auf Einfuhren von Rohrformstücken mit Ursprung in China und Thailand bestehen endgültige Antidumpingmaßnahmen, die mit Durchführungsverordnung (EU) 2019/1259 verlängert wurden. Im Oktober 2023 kündigte die Europäische Kommission das bevorstehende Außerkrafttreten der Maßnahmen zum 26. Juli 2024 an. Nun leitet sie eine Auslaufüberprüfung ein. (GTAI, 30/07/2024) Mehr
Thailand-Landbrücke soll Straße von Malakka entschärfen Eine neue Landbrücke in Thailand könnte ab 2030 zu einer Alternative zum Schiffsverkehr durch die kritische Straße von Malakka werden. Ob sie real wird, ist allerdings fraglich. (GTAI, 25/07/2024) Mehr
Kommt Thailands Wirtschaft wieder in die Gänge? Die Wirtschaft in Thailand wächst nur noch langsam. Die Regierung stellt Geldgeschenke in Aussicht und wirbt für Investitionen. Deutsche Unternehmen sind zurückhaltend. (GTAI, 19/07/2024) Mehr
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GTCC TRAINING WITH COACHOLOGY |
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| Companies & Industrial Sectors |
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Toyota retains No. 1 spot in 1st half global sales for 5th year TOKYO - Toyota Motor Corp said Tuesday that its group sold 5.16 million vehicles worldwide in the first half of 2024, outselling German rival Volkswagen AG to retain the top spot in global sales for the fifth straight year. (BangkokPost, 30/07/2024) More
NPLs for pickup trucks rise sharply The National Credit Bureau (NCB) reported a 39% increase in bad debt for pickup truck loans in May. (BangkokPost/ 29/07/2024) More
Digital sector investments get 'full' backing The government fully supports investments in data centres and cloud service projects in Thailand so it can become a digital economy hub, says government spokesman Chai Wacharonke. (BangkokPost, 29/07/2024) More
Metthier introduces intelligent patrol robot Metthier, a local smart facility management service provider, has launched the country's first intelligent patrol robot powered by artificial intelligence (AI), Internet of Things, and cloud technologies to bolster its security service. (BangkokPost, 26/07/2024) More
Making Thailand a financial hub an uphill task Prime Minister Srettha Thavisin recently presided over the Finance Ministry’s “Ignite Finance” vision that aims to make the country a financial hub. The Finance Ministry plans to consolidate supervision of financial markets, facilitate new investment and draw in foreign capital and professionals. (Thai PBS, 26/07/2024) More
NSTDA reveals crucial future technologies Artificial muscles, engineered microbes and security robotics are among the top 10 technological advances to watch out for this year, as they will make an impact over the next 5-10 years, according to the National Science Technology and Development Agency (NSTDA). (BangkokPost, 24/07/2024) More
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GTCC BUSINESS & STUDY TRIP TO GERMANY: 9-17 NOVEMBER 2024 |
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Cambodia PM launches project linking Mekong river to sea via canal Cambodia’s Prime Minister launched a controversial $1.7 billion canal project that aims to provide a new link from the Mekong river to the sea.(Thai PBS, 05/08/2024) More
Malaysia, Thailand urge construction of second bridge linking them The agreement between Malaysia and Thailand on the construction of the second bridge that connects their localities demonstrates both countries' commitment to accelerating regional economic growth, according to Malaysian PM. (Vietnam Plus, 05/08/2024) More
SCGP sees 15% hike in revenue target SCG Packaging Plc (SCGP), a Thai operator in the fully-integrated packaging chain in Southeast Asia, maintains its revenue target is projected to increase by 15% year-on-year to 150 billion baht in 2024, driven by growing demand for packaging products in Vietnam. (BangkokPost, 24/07/2024) More
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New energy saving scheme set to be approved shortly A plan to have the Metropolitan Electricity Authority (MEA) and Provincial Electricity Authority (PEA) help state agencies manage energy conservation projects under long-term contracts is expected to be approved by the government soon. (Bangkok Post, 05/08/2024) More
Thailand launches network for standardised small EV batteries A new public-private network has been created to develop swappable batteries for small EVs in line with the government’s goal to make the country into an EV hub. (The Nation, 02/08/2024) More
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Central Group secures future of iconic Berlin property Thailand's Central Group has completed the acquisition of the KaDeWe building on Tauentzienstraße, Berlin's most famous shopping street, as well as the assets of The KaDeWe Group, the operator of three luxury department stores – KaDeWe in Berlin, Oberpollinger in Munich and Alsterhaus in Hamburg. (Bangkok Post, 02/08/2024) More
Thailand ready to start free trade negotiations with EAEU Thailand is ready to start negotiations on concluding a free trade agreement (FTA) with the Eurasian Economic Union (EAEU). (BangkokPost, 29/07/2024) More
Board of Investment pushes printed circuit board industry The Board of Investment (BoI) will continue to promote investment in printed circuit boards (PCBs), following a significant increase in investment projects which have made Thailand a global PCB manufacturing base. (BangkokPost, 25/07/2024) More
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| Legal / HR / CSR / Education / Health |
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Call to educate public over nuclear push A new public perception of nuclear technology in the power sector is needed and crucial for the Energy Ministry's efforts to push for small modular reactor (SMR) projects in the 2024 power development plan, say energy and nuclear technology experts. (BangkokPost, 29/07/2024) More
How to accelerate Gen Z growth in your organization As the presence of Generation Z grows within the workforce, it’s essential to adopt innovative strategies to support their development. Mentorship programmes have proven to be a powerful tool in this regard, creating dynamic and mutually beneficial relationships between different generations. (29/07/2024) More
Cabinet okays draft on public sector procurement The cabinet has approved the draft ministerial regulations regarding public sector procurement by state enterprises and government agencies. (BangkokPost, 24/07/2024) More
Majority of Thai people use AI in their daily lives for its convenience: study Over 70 per cent of Thai people used artificial intelligence (AI) for its convenience in daily life, for saving time and boosting operational efficiency, according to a research by creative agency BBDO Bangkok. (The Nation, 24/07/2024) More
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[LAST TABLE ON SATURDAY THE 19TH] GTCC OKTOBERFEST 2024 |
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Blumenthal Richter & Sumet welcomes new Partner Blumenthal Richter & Sumet (BRS) proudly announces the addition of Partner Ms. Promboon Sookatup and her team to the firm’s Tax & Customs and Mergers & Acquisitions Practice. More
Sindhorn Kempinski Hotel Bangkok wins Best Culinary Experience in Thailand Sindhorn Kempinski Hotel Bangkok is honoured to announce it has been awarded the exclusive and prestigious title of Best Culinary Experience in Thailand at the 2024 Haute Grandeur Global Excellence Awards. More
GTCC members' promotions Check out GTCC members' special offers on accommodation, restaurant / food delivery, and other services. More |
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Chamber Representative Martin Venzky-Stalling |
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Chamber Representatives Lim Wei Khoe Pichai Sirikij |
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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) |
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ADB Business Opportunity Fair 2024 in Manila On 9-10 October 2024, the Asian Development Bank (ADB) will host a Business Opportunities Fair (BOF) in Manila. A delegation trip with another program day will be organised with the aim of supporting German companies in the participation of ADB-funded projects. More |
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DIHK Economic Survey Early Summer 2024 - The German economy fails to gain momentum The business situation continues to deteriorate. 28 percent of companies report a good situation, while 23 percent report a poor one. The balance of the situation assessment continues its downward trend, dropping slightly from seven to now five points. (DIHK, 15/05/2024) More |
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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 |
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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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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 |
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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 |
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FALLING WALLS LAB is coming to Thailand Falling Walls Lab Thailand (FWL) will take place on 24 August 2024 at SKYVIEW Hotel Bangkok Sukhumvit 24. The event is a world-class pitch competition and networking forum that brings together a diverse and interdisciplinary pool of students and early-career professionals. More |
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APK 2024: 18th Asia-Pacific Conference of German Business 24-26 October 2024, New Delhi The conference's objective is to provide a platform to deepen the dialogue on current economic developments in Europe and the Asia-Pacific region as well as to build and strengthen personal and economic ties. More |
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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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