Message From Chamber – February 2024

“Dear AustCham Members, I trust many of you had a relaxing break over the December and January holiday season.  It was great to see so many members at our annual Sundowners at the Australian Embassy in December and again see so many of you at the Sundowners at Asiatique.  At the December event at the […]

Welcomed changes to Company Law – Mergers without new Company creation or liquidation

On 1 January 1925, the Civil and Commercial Code (‘CCC’) of Thailand became effective and introduced various rules and procedures concerning for the legal affairs and rights of natural and legal ‘persons’ covering areas such as family law, inheritance law, contract law, property law, corporate law, commercial law and more. With respect to companies, the […]

<strong>What is Sustainability Marketing?</strong>

Business sustainability has positive implications not only for society and the environment, but also the bottom line. Studies show that companies with well-defined sustainability policies are seen as more attractive to investors, employees, and potential customers alike. In 2021, McKinsey reported that companies can reduce operational costs by as much as 60% through ESG investments. […]

<strong>Why Automation is Central to Business Growth in 2023</strong>

With pandemic-related disruptions largely behind us, businesses can at last survey the landscape they face in 2023 and beyond, with a reasonable level of confidence. Yet that landscape differs in significant ways from earlier years. Companies have greater difficulty balancing their books; more employees expect permission to work from home, and are increasingly willing to […]

Phuket Hotel Market Recap 2022

We are optimistic about the continuation of a quick and robust bounce back from the pandemic in the number of visitors to the island,with foreign tourism playing a major role over 2023 on the back of the pent-up demand, and the returning of Chinese tourists to Phuket.A number of factors may stand in the way […]

Hotel investment volumes in Thailand expected to rise to THB12 billion in 2023

2022 saw 14 hotels sold with THB11 billion of combined value Bangkok, 13 February 2023 – Data from property consulting firm JLL reveals that Thailand saw 14 investment-grade hotel transactions totaling THB11 billion in 2022, dropping from THB12.3 billion in 2021 due largely to a slippage of some transactions that did not close before the […]

Headlines summary as of 28 February 2022

News Newly confirmed cases Total Cases Death toll Hospitalised/ intensive care patients 22,311 Domestic +24,765 Abroad+167 2,8191,927 ( since January 2021) 42 216,645   Total vaccination 1st dose vaccine recipients (28 Jan -27 Feb) 2nd dose vaccine recipients (28 Jan -27 Feb) 3rd dose vaccine recipients (28 Jan -27 Feb) 122,779,134(+305,763) 53,537,245 (+21,180 yesterday)   77.0 % […]

Headlines summary as of 25 February 2022

News Newly confirmed cases Total Cases Death toll Hospitalised/ intensive care patients 24,932 Domestic +24,765 Abroad+167 2,819,282 ( since January 2021) 41 190,110   Total vaccination 1st dose vaccine recipients (28 Jan -24 Feb) 2nd dose vaccine recipients (28 Jan -24 Feb) 3rd dose vaccine recipients (28 Jan -24 Feb) 122,779,134(+305,763) 53,3971,481 (+74,834  yesterday) 76.7 % […]

Headlines summary as of 24 February 2022

News Newly confirmed cases Total Cases Death toll Hospitalised/ intensive care patients 23,557 Domestic +23,329 Abroad+228 2,590,589                           38 180,993     Total vaccination 1st dose vaccine recipients (28 Jan -21 Feb) 2nd dose vaccine recipients (28 Jan -21 Feb) 3rd dose vaccine recipients (28 Jan -21 Feb) 122,473,371 (+287,889) 53,282,587 (+61,074  yesterday)  76.6 % 49,582,584 […]