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 February 2015 Issue 7



   "As my family and I come to the end of our time in Thailand, we look back with great fondness and hope that it is not too long before we return. A large part of what has made our experience here so positive has been the support and networks we found through AustCham when we first arrived and that have developed since then.

I am now coming to the end of serving two years on the Board and, as with many things here in Thailand, there have been a lot of changes to AustCham during this time and I am glad to have been part of this ongoing journey of development. I feel privileged to have met so many great friends and contacts through the membership base, to have worked with the AustCham team who, as a small team, achieve so much and to have been part of a diverse Board of Directors.

A strong underlying theme has been the feeling of being part of a community, not just for me professionally, but also for my family, including the opportunity to be involved in local and regional initiatives that give back to the society we are part of. This community reaches across borders between Australia and Thailand and it has been a particular pleasure to meet so many of the AustralianAlumni Group, many of whom I will stay in touch with.

Somehow there is a little bit of Thailand in us now that is here to stay. I am sure that it will pull us back to visit and I look forward to seeing many of you again in the future. "


Rananda Rich

Board of Directors



Panel Discussion: “How will Thailand’s National Legislative Reform affect the Private and Public Sector”



Thailand’s political, economic and social landscape is changing. National legislative reform is imminent and changes will no doubt have an impact on both the public and private sector. AustCham is pleased to invite members and guests to this key issue dinner which will feature representatives from the Board of Investment, the Board of Trade and the Australian Trade Commission.



Investment Perspective for 2015 and beyond



AustCham Thailand invites you to attend our briefing on International Investment. Mr Pierre Fabry, Founder and Director of Interselect N.V, has dedicated his whole career to financial investment. Join us for this special briefing as Pierre sheds light over the current economic tunnel, and provides insight into market predictions, industry overviews, and investment opportunities that should not be missed.



March Sundowners



Sundowners – AustCham Thailand's monthly business networking function – is the most successful networking event in Bangkok. It is a great opportunity for members and guests of the Chamber to meet new people and expand their professional network in a social environment.



ESB Sundowners



It is time to network and mingle on the Eastern Seaboard hosted by AusCham and held together with the American Chamber of Commerce in Thailand (AMCHAM),the British Chamber of Commerce Thailand (BCCT), the German-Thai of Commerce (GTTC) and the South African Chamber (SATCC). AustCham is pleased to invite members and friends to join us.



ANZAC Day 2015



AustCham invite all members to take part in this special event this year at Hellfire Pass, Kanchanaburi for ANZAC Day remembrance. We will avail of the convenience and ease of using this option in the dawn service at Hellfire Pass, followed by the service held in the town of Kanchanburi.



The 12 Commandments of Asian Business Etiquette


Do you know the definition of Business Etiquette? Business etiquette is about building relationships with other people. Etiquette is not about rules & regulations but is about providing basic social comfort and creating an environment where others feel comfortable and secure, this is possible through better communication.

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Why Culture Is Key?


Booz & Company’s annual study shows that spending more on R&D won’t drive results. The most crucial factors are strategic alignment a culture that supports innovation.

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Harnessing The Power of Shifting Global Flows


There has been a steady drumbeat of reports in the press and elsewhere that the heyday of globalization is over. Since the financial crisis, growth in global trade volumes has slowed.

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The Forecast of Bangkok Residential Market from CBRE


High net worth Thais are showing a renewed interest in property, be it residential or land plots. The domestic midtown market is fed by a generational shift in local lifestyle that sees younger, smaller households relocate to mass market condominiums.

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Seven-Year Investment Promotion Strategy(2015 -2021)


To promote valuable investment, both investment in Thailand and Thai overseas investment, to enhance Thailand’s competitiveness, to overcome the “Middle Income Trap” and to achieve sustainable growth in accordance with the sufficiency economy philosophy

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Bank of Thailand, Thai Chamber of Commerce 'on same page' over exports


The Joint Standing Committee on Commerce, Industry and Banking earlier expressed the private sector's worry about the country's export competitiveness in terms of the exchange rate, since the baht seemed to be stronger than other trade competitors in the region when compared with the US dollar.

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Thailand Proposes an Inheritance Tax


Thailand’s Prime Minister and head of the National Council for Peace and Order (NCPO) General Prayuth Chan-Ocha announced plans to reform Thailand’s tax system. As part of the reforms, the PM proposed an inheritance and property tax. The new taxes are expected to address the income disparity gap between Thailand’s rich and poor.

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Humor at Work: Workplace Culture is Everything

Valerie Hoeks: Cultural difference in business

Mark Walsh : Cross-Cultural Communication



Promotions for AustCham members

Special promotions for AustCham members.

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New Member - The Bangchak Petroleum Public Company Limited

The Bangchak Petroleum Public Company Limited (BCP) was established in 1985 and listed on the Stock Exchange of Thailand (SET) in 1993.

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New Member - Design 103 International LTD

Design 103 Limited Thailand was founded by Mr. Chuchawal Pringpuangkeo in 1968, an independent consulting firm of architects, engineers, planners and interior designers.

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New Member - Aziam Burson-Masteller Co, Ltd.

Aziam Burson-Marsteller (ABM), a leading public relations and communications consultancy, has been active in Thailand since 1986. In 1998, ABM became a majority Thai-owned affiliate of Burson-Marsteller.

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New Member - Soneva Kiri Resort Company Limited

Soneva Kiri is the latest Soneva, offering Intelligent Luxury of the highest international standard in a remote environment that nurtures the indigenous feel in design, architecture and service. Koh Kood is the fourth largest island in Thailand, but one of the least developed.

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Member briefing: 'Leave or stay - What matters most to employees? ,4 February 2015, Mode Sathorn Hotel Bangkok

More pictures

February Sundowners,4 February 2015, Mode Sathorn Hotel Bangkok

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Combined Chambers Professional Women’s Group Cosmetics Workshop and Networking Event, 12 February 2015, W Hotel Bangkok

More pictures

Editorial contributions to Advance Magazine are welcome.
Please direct queries and/or submit content to communications@austchamthailand.com

20th Floor, Thai CC Tower
  43 South Sathorn Road
Bangkok 10120 Thailand
Tel: +66 2 210 0216-8
Fax: +66 2 675 6696
Email: office@austchamthailand.com
Visit our web site: www.austchamthailand.com


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Australian-Thai Chamber of Commerce

20 Floor, Unit 203, Thai CC Tower
43 South Sathorn Road   ·   Bangkok Thailand 10120

Tel: +66 2 210 0216   ·   Fax: +66 2 675 6696   ·   office@austchamthailand.com

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