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20/09/2024
26/09/2024
04/10/2024
10/10/2024
24-26/10/2024
For more events, please click HERE |
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FORVIS MAZARS IN THAILAND |
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GTCC YOUNG PROFESSIONALS NETWORK EVENING "MEET THE CEOs" |
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Thai consumers shift focus to essentials More than half (54%) of Thai consumers are concerned that macroeconomic volatility will affect the country's economic outlook, according to PwC's latest survey. (Bangkok Post, 13/09/2024) More
New B20bn industrial fund to prioritise SMEs Newly appointed Industry Minister Akanat Promphan plans to set up an Industrial Reform Fund worth at least 20 billion baht to help manufacturers, especially small and medium-sized enterprises (SMEs), better deal with liquidity and improve their competitiveness. (Bangkok Post, 11/09/2024) More
Thai household debt at record high Average household debt in Thailand has reached a record high due to slow economic growth, lower incomes and high living costs, and people are having trouble servicing their loans, a survey showed on Tuesday. (Bangkok Post, 10/09/2024) More
Thai Senate approves B3.75tn budget for 2025 fiscal year Thailand's Senate on Monday passed the government's 3.75 trillion baht (copy11 billion) budget bill for the 2025 fiscal year. (Bangkok Post, 09/09/2024) More
FETCO: Thai economy has passed its lowest point Kobsak Pootrakool, chairman of the Federation of Thai Capital Market Organizations (FETCO), says the outlook for Thailand's economy in the fourth quarter of 2024 is to improve steadily from late September going forward. (The Nation, 09/09/2024) More
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Der Außenhandel mit Asien-Pazifik verliert an Fahrt Die Aussichten für den Außenhandel zwischen Deutschland und Asien-Pazifik 2024 sind eingetrübt. Trotzdem liegen in der Region wichtige Wachstumsmärkte für deutsche Unternehmen. (GTAI, 05/08/2024) More
Neue Investitionsanreize für ausländische Automobilzulieferer Thailand möchte eine heimische Zulieferindustrie für Elektrofahrzeuge aufbauen. Fertigung und Verkauf von Elektroautos reißen bereits chinesische Anbieter an sich. (GTAI, 30/08/2024) More
Smart Farming soll Erträge steigern Thailand hat eine starke, aber für ausländischen Besitz weitgehend geschlossene Landwirtschaft. Die Exportorientierung befördert technischen Fortschritt. (GTAI, 09/09/2024) More
ASEAN Insights Wertvolles Knowhow für den Markteintritt in den aufstrebenden ASEAN-Nationen sowie hilfreiche Kontakte bietet die Veranstaltung der IHK München. (GTAI, 18/09/2024) More
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GTCC MEMBER EXCLUSIVE SITE VISIT TO INTERROLL (THAILAND) CO., LTD. |
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| Companies & Industrial Sectors |
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Thai fish-based products under scrutiny as US updates forced labor list “Findings on the Worst Forms of Child Labor” (TDA Report) released by the US Department of Labor on September 5, 2024, three more Thai products were added to the Trafficking Victims Protection Reauthorization Act (TVPRA) list, even though shrimp has been removed. (Khaosod English 12/09/2024) More
Government 'has no policy to axe Bangkok Port' The Transport Ministry insists there is no policy to remove Bangkok Port, but does plan to renovate its non-developed areas and turn them into so-called smart communities. (Bangkok Post, 12/09/2024) More
Thai software sector sees growth of 12.8% The software sector outperformed three other digital sectors last year with strong growth of 12.8%, reaching a value of 215 billion baht. (Bangkok Post, 11/09/2024) More
Value of food delivery, ride-hailing sales hits $5bn in H1 The combined gross merchandise value (GMV) of Thailand's online food delivery and ride-hailing services in the first half of 2024 reached US$5 billion, according to India-based Redseer Strategy Consultants. (Bangkok Post, 11/09/2024) More
Big C Supercenter plans four new branches and B5bn renovation by 2025 Big C Supercenter Plc, a Thai supermarket and convenience store operator, plans to launch four more branches by the end of 2025. (Bangkok Post, 11/09/2024) More
Hoteliers uneasy about minimum wage hike Increasing the daily minimum wage to 400 baht only among large employers could distort the job market in the hotel industry, say hoteliers, as the higher pay rate would attract workers to certain hotels. (Bangkok Post, 10/09/2024) More
Digital content sector sees tiny growth The video game and animation sectors continued to decline in 2023, resulting in a slight growth of the overall digital content industry by an average of 0.01% to 44.2 billion baht. (Bangkok Post, 10/09/2024) More
AOT aiming high with airport plans Airports of Thailand (AOT) has outlined an expansion of its six international airports to manage 210 million passengers by 2032. (Bangkok Post, 07/09/2024) More
Thai gaming market growth vulnerable to economic headwinds Synnex CEO Sutida Mongkolsuthree expects the Thai gaming market to grow by 10% year on year in 2024, as people can access video games using desktops, laptops, mobile phones and/or game consoles. (The Nation, 06/09/2024) More
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GTCC AFTERWORK BRIEFING WITH EGS-PLAN (BANGKOK) CO., LTD. AND NETWORKING |
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GTCC BUSINESS & STUDY TRIP TO GERMANY: 9-17 NOVEMBER 2024 |
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Vietnam beats Thailand, Singapore to become Asia's leading destination Vietnam has outperformed neighboring countries such as Thailand, Singapore, and Indonesia to be named "Asia's Leading Destination" at this year's World Travel Awards. (VNEXPRESS, 12/09/2024) More
APAC Micro-MNCs Confident in Digital Trade Future Deloitte reports rising adoption of digital technologies and branding among APAC micro-MNCs, driving cross-border e-commerce growth. (Bangkok Post, 06/09/2024) More
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Thailand's EV makers seek to renegotiate govt incentives as sales slow As sales of electric vehicles (EVs) miss expectations in Southeast Asia's largest market, Thailand's main group of manufacturers, comprising large Chinese and Japanese firms, seeks to extend production deadlines set in a government scheme of incentives. (Bangkok Post, 11/09/2024) More
Reclaiming the initiative Call to fill in sea areas to combat erosion and fuel development gains traction. (Bangkok Post, 06/09/2024) More
Thai EV association recharges with new president and board The Electric Vehicle Association of Thailand (EVAT) has unveiled a new president and board to guide the country in its mission to become a hub for EV manufacturing and exporting in Southeast Asia. (The Nation, 06/09/2024) More
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New deal to boost climate resilience The Interior Ministry and German Corporation for International Cooperation GmbH (GIZ) signed an agreement to advance the integrated urban climate action for low-carbon and resilient cities (Urban-Act) project in Thailand. (Bangkok Post, 09/09/2024) More
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| Legal / HR / CSR / Education / Health |
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400-baht daily wage plan set to go ahead Labour Minister Phiphat Ratchakitprakarn insists on increasing the daily wage to 400 baht nationwide on Oct 1 despite concerns that the rise will harm businesses. (Bangkok Post, 09/09/2024) More
Pearson BTEC Level 3 Secures Official Accreditation from Thai University Central Admission System (TCAS) Pearson BTEC qualifications, renowned globally for their career-focused approach, have now received official accreditation from the Thai University Central Admission System (TCAS) making them equivalent to the Thai Higher Secondary Education level. (Bangkok Post, 09/09/2024) More
International Schools in Thailand Thrive, Reaching $2.5 Billion in 2024 BANGKOK — International schools in Thailand continue to grow, contrary to the overall declining number of students and schools in Thailand due to falling birth rates, according to a leading Thai research center. (Khaosod English 08/09/2024) More
AIT Unveils Cutting-Edge AI Lab for Global Innovation The new AI and Simulation Lab at AIT is set to revolutionize research and collaboration, driving breakthroughs in AI and simulation technologies worldwide. (Bangkok Post, 05/09/2024) More
Transport Ministry drafts "Land Bridge" legislation The Ministry of Transport is drafting the Southern Economic Corridor (SEC) bill, to support the construction and operation of the Pheu Thai party’s ambitious ‘land bridge’ mega project. (Thai PBS World, 03/09/2024) More
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WHA increases target for land sales SET-listed WHA Corporation, Thailand's largest developer of built-to-suit logistics facilities, has revised up its industrial land sales target to 2,500 rai this year, thanks to growing foreign investment and the state policy to promote new businesses. (Bangkok Post, 12/09/2024) More
BDMS and Medsi Group Partner for Healthcare Excellence BDMS and Medsi Group sign MoU to enhance medical collaboration, teleconsultation, and medical tourism between Thailand and Russia. (Bangkok Post, 09/09/2024) More
Grand Opening Jungheinrich NXT Warehouse Jungheinrich unveils NXT Warehouse in Thailand, pioneering sustainable and innovative material handling solutions. More
Bangkok Marriott Marquis Queen’s Park wins “Best Meetings Hotel (Thailand)” title at M&C Asia Stella Awards 2024 The M&C Asia Stella Awards 2024 honors the very best business events destinations, convention centers, destination management companies, hotels, integrated resorts and sustainability efforts, spanning 29 awards across six categories. More
Sindhorn Kempinski Hotel Bangkok Appoints Jee Hoong Tan as Hotel Manager With a remarkable 30-year journey in the luxury hospitality industry, Tan’s appointment brings a wealth of expertise, leadership, and a proven track record of success to his new role. More
GTCC members' promotions Check out GTCC members' special offers on accommodation, restaurant / food delivery, and other services. More |
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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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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. |
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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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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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