We thank our Elite Partners for their support! |
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STCC News: - Webinar - Recording of Economic Outlook 2022
- Events are back
- Joint Chambers Economic Outlook Luncheon (21 Feb)
- Member Exclusive Event (22 Feb)
- Save the Date Khon Kaen Business Forum (3-4 March)
Economy: - Thailand Monthly Economic Monitor January 2022
- Switzerland to abolish industrial tariffs from 2024
Member Stories: - DKSH - Four Factors Driving Southeast Asia’s Economic Future
- Firmenich - AI: Why chefs are turning to artificial intelligence
- Mister Loo - MoU with COTTO and Siam Cement Group (SCG)
- S-GE - Recovery boom for Swiss SMEs in exports persists
New Members:
Embassy News: - Film Screening at Goethe-Institut on 15.02
RIS Swiss Section Deutschsprachige Schule Bangkok - Resilient, Caring and Transforming
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Executive Director's Message |
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I hope you had a good start to 2022 and enjoyed your holiday. I would also like to wish you a Happy Lunar New Year and hope that the year of the Tiger will bring us all good health and success.
As you have seen, the STCC office has been strengthened considerably since the beginning of the year and I am very happy that Khun Nuttinee (Jannie) is supporting the Chamber's activities and initiatives. Together with her, I will support our members in all business-related matters. You can always contact us if there is something your company needs support with. |
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| In 2021, we witnessed the emergence of the Delta and Omicron; variants that continued to impose massive social and economic impacts on the world. Yet, as we adapt to the new norm, the global economy is back on track for a rapid recovery.
With rising inflation and a global supply chain crisis, what will the economy bring in 2022? Will these trends persist? What are the drivers of growth for recovery?
The panel of experts at the webinarshed light on the post-Covid recovery, the geopolitical situation in China, inflation in Switzerland and Singapore as well as other crucial questions for 2022.
In case you missed it you can find the recording here. |
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| Omicron cases surged as Thailand neared its end-2021 mass vaccination target of seventy percent. The government tightened international travel restrictions but refrained from reimposing a national lockdown to support the ongoing economic recovery.
In Q4 2021, economic activity improved significantly but mobility fell in January as tighter restrictions were imposed. In the latest Thailand Economic Monitor, the World Bank projected economic growth to increase to 3.9 percent in 2022, but risks related to new variants remain.
With an expected economic recovery, fiscal support is projected to be less expansionary in FY22 despite recently announced measures. Inflation continued to climb due to supply-side disruptions while remaining within the Bank of Thailand’s target range.
Like other regional currencies, the Thai baht depreciated against the USD in December, despite net financial inflows to bond and equity markets. |
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| Bern – Import duties for industrial products in Switzerland will be removed from 2024 onward. The Federal Council expects the lifting of industrial tariffs to benefit Switzerland as an economic location and to promote recovery of the economy after the pandemic. It will be advantageous for both the domestic Swiss economy and the export industry.
(Image credit: Patrik Walde/Port of Switzerland) |
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| History will record 2021 as a difficult year for the 10 members of the Association of Southeast Asian Nations (ASEAN), but it also marked some notable developments.
Long periods of COVID-19 lockdowns and factory closures resulted in heavy congestion at ports in Vietnam, Malaysia, and Singapore. Long shipping lines and docks stacked with containers illustrated Southeast Asia’s central importance to global supply chains. |
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| Our member Firmenich's flavourists are shaping the future of plant-based proteins using augmented creation. In this BBC News article, meet Sam, their new AI robot helping chefs and flavourists perfect flavours to make sustainable, nutrient-rich meat and dairy alternatives taste great. |
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| We are thrilled to announce that we have signed a Memorandum of Understanding (MoU) with COTTO, Thailand’s most recognized premium sanitary ware producer under the ownership of Siam Cement Group (SCG), Thailand’s largest cement & building material conglomerate.
By combining forces, we aim to provide a new toilet experience to the public community and to revolutionise the prevailing toilet infrastructure with new technologies such as smart toilets, health-check kiosks in combination with e-health applications. |
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| Recovery boom for Swiss SMEs in exports persists
The export sentiment of Swiss SMEs 𝗰𝗼𝗻𝘁𝗶𝗻𝘂𝗲𝘀 𝘁𝗼 𝘀𝗸𝘆𝗿𝗼𝗰𝗸𝗲𝘁 Two-thirds of all companies surveyed by Switzerland Global Enterprise assume, that they will 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲 𝘁𝗵𝗲𝗶𝗿 𝗲𝘅𝗽𝗼𝗿𝘁𝘀 and will be able to expand further by the middle of the year. The Credit Suisse 𝗘𝘅𝗽𝗼𝗿𝘁 𝗕𝗮𝗿𝗼𝗺𝗲𝘁𝗲𝗿, which reflects foreign demand for Swiss products, also remains in the range of the record values of 2018 and 2010 and thus in the growth zone. |
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| Grand Hyatt Erawan Bangkok is a 5-star luxury hotel with resort-styled facilities in Bangkok’s downtown Rachaprasong area. Located at a cultural landmark, the Erawan Shrine, the hotel is conveniently linked to Chidlom and Rajdamri BTS Stations and premium shopping centers like Central World and Siam Paragon via Skywalk. Hotel includes 380 guestrooms with elegant Thai touches and a living area by the window to best enjoy the dynamic city views. The hotel’s 44 suites feature an additional living room and access to the Grand Club Lounge offering a VIP concierge, use of a boardroom and complimentary breakfast, afternoon tea and evening cocktails and canapés. Guests staying in one of the hotel's Club rooms or suites enjoy club benefits including daily breakfast and evening cocktails served at Grand Club Lounge.
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The firm provides legal services in general commercial practice, also specializes and renders advice in the wide area of legal environment including all aspects of business related matters, mergers and acquisition, contracts, labour law, dispute resolution, and litigation, etc. Our service also extends to company secretarial service, work permit, immigration, and translation of legal related document.
With extensive experiences of Wichien Harnpraween and his team, the firms provides service and advice on corporate related matter, foreign business license, merger and acquisition, commercial contracts, financial transaction, and transactions involving real estate, foreign investment, power plant, electronics, computers, automobiles, project finance, intellectual property, customs, taxation, entertainment and environment.
Nitipat Amnatharungsak and his team specialize in litigation, with extensive experiences in litigation, arbitration as well as other general business and commercial dispute, arbitration and bankruptcy.
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| The Embassy of Switzerland is proud to present “Caged Birds” within the Framework of Open Air Kino at the Goethe-Institut Thailand. If you were born in the seventies and below, you might recall Walter Stürm, who was in and often escaping out of jail becoming known as the Jailbreak King. Barbara Hug is a young lawyer fighting Switzerland's antiquated prison system in the 1980s. When the two meet an unlikely alliance is formed. Please join us on February 15, 2022 at 19h00 to watch the movie and to discuss the film afterwards with the producer of the film, Mr. Urs Frey from Contrast Film.
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RIS SWISS SECTION DEUTSCHSPRACHIGE SCHULE BANGKOK |
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Resilient, Caring and Transforming |
| Since the beginning of the new semester, all students, teachers, school staff and even school bus attendants at RIS Swiss Section are required to submit an ATK screen three times per week. This additional effort has proven very effective to detect new infections and keep students and teachers safe in the current Omicron environmen. A big thank you goes to our community for their support and energy. |
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With the end of January we also say goodbye to one of the longest-serving members of the school management team: After almost 16 years at RIS Swiss Section, Mrs. Johanna Vänskä, head of primary, leaves our school and Thailand to pursue new challenges on new shores. Johanna has been the face of our pre- and primary school and a cornerstone of our school community as manager, teacher, mother and friend. The whole school community wishes her all the best for her future and thank her for everything she has done for the school. |
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| New brand ÅF and Pöyry come together as AFRY. We are combining 125 years of global hydropower experience in one of the top 5 knowledge powerhouses for Hydropower.
AFRY has 17,000 employees in more than 100 countries to provide sustainable engineering solutions in the changing energy markets. AFRY is at the forefront of technological innovations in hydropower generation.
The increasing need for clean energy through the greater use of hydropower is a socio-political necessity today. We are here to make it happen. |
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| Founded in 1999, the Asian Trails Group has grown to become Asia’s leading destination management company. Operating in 10 countries across East and South-East Asia, backed by global representation offices that offer support to our clients in their respective locations and time zone, we continue to blaze new paths in travel. Asian Trails is known to be extremely dedicated to delivering personalised and unique experiences that are created through specialised local knowledge, technological innovation, extensive experience and a deep connection with our destinations and host communities. |
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| Plastic welding machines and hot air heaters
We are the solutions for welding in civil engineering and tunnel construction, fabric and tarp, plastic pipes and tanks, roofing membranes , PVC floor coverings, or shrinking and packaging in industrial processes. |
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| DER FARANG is the most important news publication for German-speaking people interested in Thailand and has been offering a mix of local reporting, news, travel highlights, seasonal festivals and events. The magazine and the PDF edition are published every fortnight for expats, residents and tourists in Thailand. The printed edition is read by more than 25,000 readers each month and reaches Thailand fans at home around the world. The online news portal is updated several times a day with local and international news and has around 360,000 readers monthly and the popular news email is sent daily to 8,500 subscribers." |
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| regroup architecture is a Bangkok-based architecture design firm, focusing on contemporary, innovative, and sustainable architecture and interior design. regroup architecture was founded in 2014 and covers the whole design and planning process, including construction management and contracting as turnkey solutions. We see us as a mediator between Europe and Asia, a combination of Swiss design, European knowledge, and local Thai experience. |
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| All our schools rank top 10 in the world - QS Ranking
Swiss Education Group is committed to delivering world-class education that equips our students with the critical thinking and practical business skills that are most needed in the hospitality industry and beyond.
For more information on our schools and programmes visit: www.swisseducation.ac |
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One Stop Business Consulting
Registration of Juristic Entity (Co. Ltd., Rep Office, ITC (BOI))
Project Management Factory, Production, HR
Outsourcing Partner Accounting Services, Salary processing, Recruiting
Insurance Solutions Medical Insurance Corporate and Private Medical, Travel, Covid, Visa Ins + Vehicle, Property, Household, Liability |
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| Discover VIP Jets for convenient, first rate, private jet travel. No long lines at check-in. No extra baggage fees. No endless waiting at security. With VIP Jets you will go where you want to go, at exactly the time you need to get there. You set the schedule and VIP Jets private charter service will do the rest.
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Copyright © 2022 Swiss-Thai Chamber of Commerce, All rights reserved.
Our mailing address is: SwissThai Chamber of Commerce c/o Embassy of Switzerland 35 Witthayu Road, Lumphini Pathum Wan District Bangkok 10330
TX-ID: 01085 4100 0019 Tel: +66 2 038 53 05 Email: secretary@swissthai.com |
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