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April 2016 Issue 22 |
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Breakfast Briefing: Australian post Budget Economic, Tax and Superannuation Update |
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AustCham is delighted to invite members and guests to participate in a boardroom breakfast briefing to discuss the outcomes of the 2016 Budget and the latest Australian Tax and Superannuation matters for Australians living in Thailand. Australian based AustCham members MMT Financial Services are specialists on taxation, economic and investment advice for Australian expatriates. During upcoming travel to Bangkok, Stephen Caswell and Stephen French will chair a boardroom briefing for AustCham members and guests. |
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Australian Alumni Awards Night |
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The awards recognise the significant achievements of Alumni members who have graduated from any Australian University or other institution of higher learning and whose endeavours reflect the best of Australian education. Winners of the 2016 Australian Alumni Awards will be announced at the awards presentation and dinner on the evening of Thursday 23 June. Tickets on sale soon! Stay tuned for further information |
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Energy consumption in developing Asia is projected to increase sharply as the region’s economies continue to grow at a rapid pace. This hunger for energy will be driven in part by low-priced oil, gas, and coal, the dominant sources of electricity production and industrial expansion. However, subsidized fossil fuels encourage their fast depletion and are a major source of greenhouse gas emissions. Moreover, cheap energy benefits the poor the least, while richer classes, benefiting the most due to their higher energy consumption, belong to powerful lobbies that block energy reforms. The rationale for fuel subsidies reform is to discourage energy overuse, reduce the need for energy rationing, improve economic efficiency, and lessen fiscal vulnerability. This study assesses the extent of fossil fuel subsidies in three Asian countries—India, Indonesia, and Thailand—and projects the impact of their removal on those economies, households, energy use, and environmental pollution. |
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Over the past six months I have constantly made reference to the fact that we are in a low interest, low return, and volatile investment cycle; but what does this mean for investors, particularly those who see themselves as conservative? |
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The Asian Development Outlook, popularly known as the ADO, is a series of annual economic reports on the developing member countries (DMCs) of the Asian Development Bank. The ADO features an assessment of economic trends and prospects for the world and for the developing economies of Asia and the Pacific, economic profiles, economic management issues, development policy concerns, and economic projections, for the DMCs of ADB, and a theme chapter covering important issues confronting the region. |
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Dad's time on the Burma Railway was the formative experience of his life, and those years and those stories and the lore that developed have been part of my life too, and in no small way, have helped make me the man I am today, writes Matthew Abbott. |
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‘THAIFEX – World of Food Asia’ International Trade Relations progress smoothly |
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The Department of International Trade Promotion, Ministry of Commerce, in collaboration with the Thai Chamber of Commerce and Koelnmesse present the second biggest event of its kind in Asia - “THAIFEX -World of Food Asia”, showcasing Asian food products. |
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An Australian being recognised with an Order of Australia for his commercial work in Thailand, says the efforts by many Australians working overseas often go unrecognised by organisations back home. |
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People making less than 26,000 baht a month on average will be tax-exempted under a new personal tax income structure to take effect in 2017 for 2018 filings. |
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South-East Asian economies look perkier than most, but its growth potential is waning |
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When you consider the backdrop of weak global demand, a faltering Chinese economy and uncertainty over American monetary policy, then the predictions for South-East Asian economies appear quite upbeat. Of the ten countries in the region, only tiny Brunei is close to recession. Indeed the Asian Development Bank (ADB) forecasts that growth in regional GDP will climb from 4.4% last year to 4.5% this year and 4.8% in 2017. But hold that backdrop in mind: such forecasts may prove too optimistic, especially if global financial markets get another bout of jitters like those earlier this year, and foreign capital is pulled out in a hurry. |
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Nominations for the 2016 Australian Alumni Awards are currently being accepted. |
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The Australian Alumni Awards recognise the significant achievements of Alumni members who have graduated from any Australian University or other institution of higher learning and whose endeavours reflect the best of Australian education. Deadline for nominations: 5pm Friday 13 May, 2016. |
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Convoy for Kids, first started in the year 2000 and was formed by the transport and logistics companies which made up The Logistics Sub-Committee of The Australian-Thai Chamber of Commerce at that time. The group aims to put some fun into the lives of handicapped and under privileged children as well as give them some financial support. |
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Promotions for AustCham members Discover a variety of promotions and good deals from AustCham members. Click here |
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New Member - SO Sofitel Hua Hin SO Sofitel Hua Hin is an artistic adventure though the Evolution of Life, designed by award winning architects, designers and enhanced with signature fashion designer, Polpat Asavaphrapa. The journey unfolds at the moment of arrival at the geometrical landscaped courtyard and progresses with every step, through the open-air lobby and the interwoven maze of open courtyards and private pathways filled with hidden art and animal figures waiting to be discovered. Situated beachside with a 2-hour drive from Bangkok, the resort has 77 rooms and pool villas split into two distinct styles: SO Arty and SO nature. |
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New Member - Thai Light Gauge Steel Co., Ltd. Thai based light gauge steel is framing and engineering company which import key technology from New Zealand and Australia to manufacture high quality light gauge steel structure. We can supply our customers with wall frame, roof truss, and floor joist produced from highly advanced Scottsdale construction system CNC. In addition, we also import other building products such as building wrap from Australia. Read more |
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New Member - The Bangkok Cleaning Company The Bangkok Cleaning Company is Thailand's premier cleaning consultancy. Innovative and technology based solutions combined with a proactive client-service mentality enables The Bangkok Cleaning Company to deliver first-class cleaning solutions to some of the world's largest and most respected brands and businesses. |
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April Sundowners, 5 April 2016, Courtyard by Marriot Bangkok |
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Editorial contributions to Advance Magazine are welcome. |
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