Due to security at the Royal Danish Embassy it is strictly necessary to sign up for the AGM beforehand. Please do not forget to bring your ID which has to be presented in order to enter the Embassy.  Full Story >>

Many people had ensured they were available for the Nordic Networking, sponsored by SAS which was held on Thursday night March 4th.
Approximately 100 attendants were present at the networking where they enjoyed the great atmosphere which was created by the cozy surroundings in Minibar Royale, at Citadines Hotel.  Full Story >>

Source: The Nation

Thailand is expected to start a first round of negotiations toward a bilateral free-trade agreement with the European Union by the middle of the year, a move seen as necessary if the Kingdom is to remain competitive with potential rivals for European business such as Vietnam and Singapore...  Full Story >>

The Nordic Chambers of Commerce had the honor of hosting a breakfast seminar with Nandor Von der Luhe, Chairman of the Joint Foreign Chambers of Commerce in Thailand (JFCCT), as the speaker...

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Source: Bangkok Post

The cabinet has agreed to continue measures to stimulate the tourism sector for another year, as proposed by the Ministry of Tourism and Sports, deputy government spokesman Watchara Kannika said on Tuesday afternoon...  Full Story >>

DanCham will be moving office from Saturday, February 27, 2010

DanCham would like to inform you that we will be moving our office. The new Office location will be:

Danish-Thai Chamber of Commerce

34 C.P Tower 3, 9th Floor Tower A,

Phyathai Rd, Ratchathewi

Bangkok 10400, Thailand

A short move from Tower B to Tower A. DanCham will continue to share offices with the Swedish-Thai Chamber of Commerce and the Finish-Thai Chamber of Commerce. Our phone and fax numbers will remain the same as before.
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Source: Atherton

Thailand’s February 26, 2010 court decision concerning the seizure of former Prime Minister Thaksin Shinawatra’s approximately US $2.25 Billion in assets has been the subject of many media publications. Most of these focus on the politics surrounding the case. However, the law underlying the case is of more significance.  Full Story >>

Source: Bangkok Post

The National Telecommunications Commission (NTC) has told TOT Plc to speed up expanding its 3G services by August next year or face losing its 3G spectrum.
The NTC has sent a note to TOT this week telling it to go ahead with its second-phase 3G network expansion without waiting for the NTC's 3G licence auction, said NTC acting secretary Takorn Tantasit.
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Source: Bangkok Post

The Tourism Authority of Thailand will use its crisis management centre to monitor impacts from Friday's court ruling on whether former premier Thaksin Shinawatra's 76 billion baht in frozen assets should be seized.
TAT governor Surapol Svetasreni said the agency would work with private tourism organisations to monitor the situation and issue information for foreign tourists for the entire day through the TAT's overseas offices and its website...  Full Story >>

Source: The Nation

The Thai Federation of Logistics will propose the idea of establishing the National Logistics Institution to the government in a bid to strengthen the industry to deal with higher competition before the market is fully liberalised under the Asean Economic Community (AEC) in 2015...  Full Story >>

Source: Bangkok Post

If you need to know the consequences when you encounter a customs audit, this article will gives you a few ideas. Once a mistake arises, the customs authorities tend to accuse you of an offence under Section 27 of Customs Act B.E. 2469 (1926) with a jail term of up to 10 years. There is also a penalty of 400%, not of the deficient duties but of the entire imported value itself...  Full Story >>

Source: The Nation

Bank of Thailand will gradually increase interest rate this year, Tarisa Watanagase - central bank governor, said yesterday.
"As the economy is recovering this year, there is no need to keep the policy rate at the very low rate of 1.25 per cent as at present," she said on the sideline of a seminar on Finance Thailand 2010.  Full Story >>

Source: Epn.dk

Pandora melder sig nu til gruppen af virksomheder, der vil børsnoteres.

»På længere sigt kunne det være helt naturligt for en virksomhed af den størrelse, hvis virksomheden og markedet er klar,« siger Christian Frigast, adm. direktør for kapitalfonden Axcel, der ejer 60 pct. af Pandora, til avisen.

Ifølge nyhedsbureauet Reuters har investeringsbanker fået mandat til at stile mod en børsdebut, formentlig allerede i år, men det vil Christian Frigast ikke kommentere. Reuters' kilder angiver, at Axcel går efter at sælge aktier for lidt over...
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Source: Bangkok Post

Tourism figures rebounded in January, but the industry's outlook remains shaky after six foreign countries issued travel advisories for Thailand.
Tourism and Sports Minister Chumpol Silpa-archa said 1.579 million visitors arrived in Thailand in January, a 24.35% increase over the same month last year.

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Source: Thai-ASEAN News Network

The State Railway of Thailand governor confirmed the the Airport Rail Link will be ready for commercial opening in April and said that registration of a subsidiary, which will be set up to manage its operation as a legal entity, is expected to be completed before the end of February.
State Railway of Thailand or SRT governor Yutthana Thapcharoen said that by the end of February installation of a communication system at the Airport Link will be finished...  Full Story >>

Source: Thai-ASEAN News Network

Consumer confidence in January reached the highest level in 21 months following positive outlook on the economy. An academic suggests extension of the government's stimulus measures as risks to the economic turnaround still remain.
The Economic and Business Forecasting Center of the University of the Thai Chamber of Commerce, or UTCC, has conducted a consumer confidence survey for January...

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Source: Bangkok Post

The arrival of the much-hyped Asean Free Trade Area (Afta) at the start of this year results in the elimination of tariffs for almost 99% of all goods and services traded among the 10-member Asean bloc. Such a significant move is sure to elevate the profile of Asean to an economic force that could rival China, India, Brazil and Russia with a staggering combined GDP of around US$1.5 trillion and a consumer market with almost 600 million people  Full Story >>

Source: EnergyMap.dk

Recently Roland Berger, the strategy consultants, issued a report entitled “Clean Economy, Living Planet” placing Denmark no. 1 in terms of cleantech sales as a percentage of GDP – more than 3%...  Full Story >>

Source: Thai-ASEAN News network

The central bank confirms the Thai banking system is solid. It says business lending has started improving as uncertainty in the global economy must be closely monitored.
The Bank of Thailand, or BoT, reported that the performance of commercial banks in 2009 was at a satisfactory level.  Full Story >>

Source: Bangkok Post

A senior government minister is calling on the telecoms regulator to press ahead with an auction of third-generation mobile phone licences without waiting for the setting up of a new supervisory body.
PM's Office Minister Sathit Wongnongtoey yesterday said the National Telecommunications Commission (NTC) should move forward with the 3G licence auction without having to wait for the establishment of the National Broadcasting and Telecommunications Commission (NBTC)...

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