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March 2016 Issue 21 |
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Thailand Retail Supply Chain Summit |
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This one day conference will explore the challenges facing today's retailers and potential solutions for maximizing logistics and distribution operations in Thailand. Confirmed speakers include senior executives from Premier Retail, Minor Food, Mallika Interfood, WearYouWant, Frank.co.th, P-Value, Armstrong & Associates and more. AustCham Thailand members can receive 30% discount, simply use “austcham” promo code when registering. More details www.retailsupplychain.asia |
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The Department of Agriculture and Food Western Australia (DAFWA) contracted AEC Group Pty Ltd (AEC) to undertake a pre-feasibility study into the creation of new and innovative beef supply chain models in Thailand. |
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What we all want to know is will the market be up for the rest of the year? |
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2016 global share markets have started on a very weak footing, continuing the falls we have seen since the high of May 2015. As mentioned in my previous article this panic in global share markets started with Chinese shares falling heavily in the early days of January, a plunging oil price, and a tightening monetary policy in the US. Global markets eased further in February, continuing the major slump in January, but then enjoyed a strong bounce after bottoming mid-month. |
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The BOI policy update by Khun Duangjai Asawachintachit, Deputy Secretary General Office of the Board of Investment. |
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After a turbulent 2015, China’s major stock exchanges took another hit in January. Chinese authorities have in the past clumsily tried to stop the free fall in markets with various degrees of success. |
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As many as 33.83 million foreign tourists could visit Thailand in 2016, up 13.22% on the 29.8 million in 2015, according to the Tourism Council of Thailand (TCT). |
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THE BAHT is likely to strengthen further against US dollar, as Thailand’s financial market is expected to welcome more investment inflows amid no change in US interest rates and continued quantitative easing in Japan and the euro zone. |
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The Revenue Department will increase corporate income tax deductions for depreciation and entertainment expenses to alleviate business operators' tax burden, according to its chief. |
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Indonesia could overtake Thailand as ASEAN's Auto production hub |
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STRONG EVIDENCE suggests that Indonesia could replace Thailand as the main automotive-production hub in ASEAN, according to Ipsos Business Consulting. |
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The cabinet has approved extra public holidays in May and July to boost tourism, the Minister of Tourism and Sports says. |
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We’re pleased to announce that the new Australian Alumni website is up and running. To view the new website, please click here. |
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The 2016 Annual General Meeting was held on Thursday 3 March 2016 at the Grand Hyatt Bangkok. AustCham is proud to announce the AustCham Board of Directors for 2016/2017. The Board welcomes two new Directors, Stuart Kelly and Karouna Sunthorn and looks forward to working with the AustCham membership over the coming year. The AustCham Board can be contacted at any time by email: boardofdirectors@austchamthailand.com The Chamber would also like to take this opportunity to thank departing Board member M.L. Laksasubha Kridakon (Khun Lak) who recently announced her retirement after six successive years of service as a Director and Vice President of the Board. Khun Lak has made a significant contribution to the Chamber over this period, most notably with Australian Alumni and the Tourism and Hospitality Committee. AustCham is delighted to announce that Khun Lak has agreed to serve as a Special Adviser to the Board so that the Chamber will continue to benefit from her counsel and experience. Meet the AustCham Board of Directors, click here |
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On Tuesday 15 March, Ms. Alex Cullum, Exectuive Director and Ms. Yata Srisung, Membership and Communcations Manager from AustCham Thailand attended a Joint British Chamber of Commerce Thailand (BCCT)/ AMCHAM Thailand / AustCham luncheon held at Pullman Grande Sukhumvit. Associate Professor Naraporn Chan-o-cha, Vice Chair of the Distance Learning Foundation and wife of the Prime Minister was guest speaker. |
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On Tuesday 8 March, the Australian Alumni and AustCham in partnership with the Australian Embassy Bangkok hosted a panel discussion to celebrate International Women’s Day. Moderated by Mr Simon Osborne Group Managing Director at AIP Global, speakers included H.E. Mr Paul Robilliard the Australian Ambassador to the Kingdom of Thailand, Khun Sarinrath (Bird) Kamolratanapiboon General Manager at Design World Partnership, Khun Pratamaporn (Pat) Svasti-Xuto Executive Vice President of Governance and Corporate Affairs at the ANZ Bank and Ms Sally O’Hara Country President, Thailand at ACE Life Assurance. Attracting in excess of 60 guests from diverse backgrounds, the event celebrated women’s voices in decision-making and leadership. Click here to see the pictures |
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AustCham Vice President Josh Hyland recently completed ‘The Blind Challenge’ - a 32 kilometre tandem bike ride from Mount Beauty to Falls Creek in country Victoria, Australia with Khun Boonsiri Peungkaew. Khun Boon was born into a poor village with only 20% vision. Overcoming immense challenges she completed studies at Khon Khaen University and most recently, established the Mae Sot Blind Centre. ‘The Blind Challenge’ seeks to raise awareness of the capabilities of people with visual impairments and also raises funds for the Mae Sot Blind Centre. This year The Blind Challenge was supported by Australian companies including Qantas Airlines. Popular Thai TV show Kon Kon Kon will also be making a documentary of the event. Find out more about the Mae Sot Blind Centre at www.maesotblindcentre.org |
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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 - Caterpillar Leasing (Thailand) Ltd. Caterpillar Leasing (Thailand)Ltd., is a wholly owned subsidiary of Caterpillar Financial Services Corporation.Cat Financial is a wholly owned subsidiary of Caterpillar Inc., a Fortune 100 company and the world's largest maker of construction and mining equipment, diesel and natural gas engines and industrial gas turbines. Cat Financial offers a wide range of financing alternatives, which support the entire Cat product line, and also extends loans to customers and Caterpillar’s network of dealers. The company is headquartered in Nashville, Tennessee. |
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New Member - Akaryn Hotel Group Co.,Ltd Akaryn Hotel Group is an innovative hospitality management company catering to like minded owners and developers of hotels and resorts in and around Asia. Read more |
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New Member - Siam City Law Offices Limited SCL Law Group provides a full range of legal services to serve the needs of clients. We have structured our group of law firms in such a way that general legal work, such as corporate, securities, banking and finance, corporate recovery services, expatriate services, labour, mergers and acquisitions, property, taxation, litigation and arbitration, are handled by Siam City Law Offices; and intellectual property, information technology and telecommunications work is handled by Chavalit & Associates. |
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New Member - Orion Investigations Co., Ltd. Orion Investigations is a commercial investigation company and registered law office based in Bangkok. We work with local and international clients to help them protect and enhance their brand, their assets, their reputation and their revenues. |
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New Member - Courtyard by Marriott Bangkok Courtyard by Marriott Bangkok located at the "PULSE of Bangkok". The hotel offers a fresh new perspective on business and leisure travel. Experience quality, affordable accommodation combined with tranquility in the heart of Asia's most dynamic and cosmopolitan city. Our young energetic team personalizes every guest's visit and is committed to the little details that add up to a memorable stay. |
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Editorial contributions to Advance Magazine are welcome. |
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