contact@norcham.com     |     +66 2650 8444
The Thai-Norwegian Chamber of Commerce was founded in 1996 with the aim of facilitating increased trade and investment between Thailand and Norway. It provides members with a forum to improve business conditions and opportunities as well as creating venues and channels for exchange and sharing of information. Current membership stands at around 80 premium and corporate members in addition to some 20 individuals.
The Chamber office is co-located with Innovation Norway's representative office in Bangkok's central business district and also works closely with the Royal Norwegian Embassy as part of Team Norway. Through its membership of the Joint Foreign Chambers of Commerce in Thailand, the Chamber identifies challenges and opportunities in doing business in Thailand, seeking support in Thai Government policies
to address such issues. The Thai-Norwegian Business Review Magazine is issued four times per year. Business Review features interesting articles about business, trade and life style in both Norway, Thailand and the neighbouring countries. It is distributed free to the members and other contacts. The Chamber website www.norcham.com contains news and information about the latest Chamber activities and useful intelligence within business and trade in Thailand.
The Thai-Norwegian Chamber of Commerce was founded in 1996 with the aim of facilitating increased trade and investment between Thailand and Norway. It provides members with a forum to improve business conditions and opportunities as well as creating venues and channels for exchange and sharing of information. Current membership stands at around 80 premium and corporate members in addition to some 20 individuals.
The Chamber office is co-located with Innovation Norway's representative office in Bangkok's central business district and also works closely with the Royal Norwegian Embassy as part of Team Norway. Through its membership of the Joint Foreign Chambers of Commerce in Thailand, the Chamber identifies challenges and opportunities in doing business in Thailand, seeking support in Thai Government policies
to address such issues. The Thai-Norwegian Business Review Magazine is issued four times per year. Business Review features interesting articles about business, trade and life style in both Norway, Thailand and the neighbouring countries. It is distributed free to the members and other contacts. The Chamber website www.norcham.com contains news and information about the latest Chamber activities and useful intelligence within business and trade in Thailand.

Chamber Sponsors

EVENTS

26
MAY
2017

Crisis Management Workshop

Sometimes we can predict that there will be a crisis,...
17
MAY
2017

Norwegian National Day

Norwegians Worldwide would like to invite all...
12
MAY
2017

Thailand – Land of Investment

Thailand - Land of Investment Many opportunities at the...

BUSINESS REVIEW

NEWS & MEMBER OFFERS

26
MAY
2017

Crisis Management Workshop

Sometimes we can predict that there will be a crisis, however in most cases a crisis comes from an unexpected event. Your organisation has to make decisions quickly to limit damage and interruption to your business. Training for a potential crisis by using scenario exercises is an efficient and valuable tool to help you and your team prepare. In this workshop you will work through a simulated crisis that will make you think about your own organisation and what you may need to do.

We will start with an introduction to Crisis Management by our two experienced speakers: Rune Fjellstad, Director of Safety and Security for Telenor in Asia, and Andrew Durieux, who has worked with Crisis Management in the ASEAN region for over 20 years, with organizations such as the UN and the Red Cross.

The Royal Norwegian Embassy in Bangkok will also have a short introduction on how they work on security issues in Thailand.

Then we will conduct the scenario using the attendees and a simulation – you will participate. Can you handle it? How will you react?

08:30 – 09:00 Registration
09:00 - 12:00 Introductions and workshop

There will be one short break during the seminar. A light meal and drinks will be served.

Date: Friday, 26 May 2017
Time: 08.30 – 12.00 hrs.
Venue: Sheraton Grande Sukhumvit
Price: Baht 1,200 for members / Baht 1,500 for non-members

RSVP: secretary@norcham.com before 22 May 2017

For more information, please find the enclosed flyer.

17
MAY
2017

Norwegian National Day

Norwegians Worldwide would like to invite all Norwegians and people with a connection to Norway to join the celebration of the Norwegian Constitutional Day, 17 May.

There will be a celebration during the day with the traditional parade and lots of ice-cream and activities for the children.
This event will take place at the Norwegian Ambassador’s Residence from 11:00 – 13:30.
In the evening, there will be a gala dinner at Sheraton Grand Sukhumvit.

Please see the attached invitations for more information or contact the 17th of May committee on the following e-mail: 17maibangkok@gmail.com

12
MAY
2017

Thailand – Land of Investment

Thailand - Land of Investment
Many opportunities at the centre of ASEAN, a growing market with 600+ million consumers

Date: Friday, 12 May 2017
Time: 9.45 - 13.00 hrs.
Venue: Scandic Hotel Solli, Parkveien 68, 0254 Oslo
RSVP: register.thai.seminar@gmail.com
Participation is free of charge.

Thailand is located at the geographic centre of ASEAN and is an ideal logistics base to serve the region and countries beyond. Free-trade agreements have been established within ASEAN and with China, India, Australia and New Zealand to facilitate trade and investment. This fact coupled with Thailand Board of Investment incentives and a reasonable priced, high quality labour force, good infrastructure and a stable economy make Thailand an ideal steppingstone for expansion into ASEAN.

Thailand Board of Investment (BOI) and the Royal Thai Embassy invite you to a seminar where you will get the opportunity to learn more about Thailand and the possibilities you have for doing business there.

Thailand fulfils many of the key factors required for an attractive destination:

  • Young, abundant talent
  • Sustained cost competitiveness
  • Healthy and manageable turnover rates
  • Emphasis on quality, information security
  • Enabling Business Policy and regulations
  • Access to ASEAN, a growing market with 600+ million consumers

 

The seminar offers:

  • An update of the latest development in the government policies and incentives
  • New business opportunities in Thailand for Norwegian companies
  • Testimonials from Norwegian companies doing business in Thailand

 

Please see the attached invitations for more information.

09
MAY
2017

Nordic Networking in Chinatown

The Nordic Chambers of Commerce in Thailand are hosting a unique networking event where you will have a chance to meet Nordic friends and colleagues, and at the same time get to know one of the most exciting parts of Bangkok!

The event takes place at Hotel Royal Bangkok in Chinatown. The hotel is located on the main street Yaowarat road, only a short walk from the Hua Lamphong MRT station. Feel free to bring your friends, associates or staff.

Date: Tuesday, 9 May 2017
Time: 17.30 - 21.00 hrs.
Venue: Royal Sky Lounge, Hotel Royal Bangkok Chinatown
Price: Members: Baht 300 / Non-members: Baht 600.

Agenda
17.30 - 18.30 Chinatown Guided Walk Tour
18.30 - 19.15 Registration and networking
19.15 - 19.35 When Safety Meet Productivity - an introduction to Axis Communication
19.35 - 20.00 Talk about Chinatown history
20.00 - 21.00 Networking

RSVP: secretary@norcham.com before 5 May 2017

For more information, please download the enclosed flyer.

26
APR
2017

Company Meetings by Tele- or Video Conference

The Thai government and the relevant authorities are modernising procedural requirements for companies, in order to make it easier to do business in Thailand. In 2014, the Announcement of the National Council for Peace and Order No. 74/2557 on Teleconferences through Electronic Devices (Order 74/2557), and the Announcement of the Ministry of Information and Communication Technology on Security Standards for Teleconferences through Electronic Devices B.E. 2557 were passed to enable meetings to be validly held by electronic means, rather than having to be physically held in accordance with the strict former requirements.

Before these regulations were passed, company Articles of Association could not provide for the possibility of holding meetings by electronic means. As a result, all meetings required a physical presence. The new regulations relax the requirement, allowing companies to register, in their Articles of Association, that meetings can be held by electronic means, provided they are compliant with Order 74/2557 and all required security requirements.

Since 2014, businesses have been inquiring with the Department of Business Development (DBD), Ministry of Commerce, about the legal validity of conducting teleconference calls or video conferences for shareholders meetings and directors meetings, pursuant to Order 74/2557. The DBD has responded by issuing an Explanatory Statement relating to conducting of meetings via electronic means.

In order to conduct teleconference calls or video conferences for these meetings, companies need to comply with the following requirements:

  • International teleconferences are prohibited, so all attendees participating in the teleconferences must be located in Thailand.
  • One-third of the quorum number of directors must be situated in the same place (within the same meeting room), and they cannot be located in different places.
  • If a public limited company, trade association, or a chamber of commerce wishes to conduct meetings by electronic means, they must first specify the provision for such teleconference call or video conference meetings in their Articles of Association;
  • In the case where the meeting’s resolutions registration application was not signed by the authorized person, or there is a challenge against the registration of the resolutions, the registrant must deliver all relevant evidence to show compliance with all the procedural requirements.

If you have any questions about holding company meetings through electronic means, please contact Cynthia M. Pornavalai at cynthia.p@tilleke.com or call: +66 2056 5559.

Please click on the below link to Tilleke & Gibbins website for more legal news:

Website
10
APR
2017

First 2017 issue of Norway-Asia Business Review published

The first issue for 2017 of the joint Norway-Asia Business Review was released on Monday, 10 April 2017. The magazine focuses among several issues on Cambodia and the opportunities there. In addition solar energy as well as liquefied natural gas (LNG) are covered in detail. We also take a look at doping business in India and the challenges Norwegian companies are facing.

Several Norwegian Chambers of Commerce and Business Associations in South and Southeast Asia jointly issue the Norway-Asia Business Review.

The magazine reaches Norwegian-related business executives and decision makers throughout the region including the diplomatic missions as well as government ministries in Norway and Norwegian sector-based organisations, e.g. Innovation Norway and NHO. Business Review is a business magazine and the contents reflects this. The magazine focuses on Norwegian-related stories from the region and issues that have impact or interest for Norwegian related businesses. Business Review is available in print as well as digital form through  Issuu and Pressreader.

Download the magazine online through this link

Download
05
APR
2017

Yara’s New Bagging Line Grand Opening

The Thai – Norwegian Chamber of Commerce attended Premium Member Yara’s Grand opening of a new bagging line in Ayutthaya province Wednesday 3 April 2017

Yara is a Norwegian company with a long presence in Thailand, dating back to 1972. The history of Yara and the bond between Thailand and Norway go all the way back to 1907, when His Majesty King Chulalongkorn visited Yara’s factory in Notodden, Norway, and bought one ton of fertilizer to use in Thailand.

Today Yara has 24 production facilities in 15 countries around the world and more than 200 warehouses and terminals. This makes Yara the world’s largest supplier of mineral fertilizer. Thailand is Yara’s biggest market in Asia, with China as the second largest.

The new bagging line in Ayutthaya is the first of its kind for Yara. Yara has similar automatic or semi-automatic bagging lines in other countries around the world, but this is the first one where robots are used. Computers monitor all parts of the production, which makes the production both more efficient and of very high quality. By using this world-class technology, there is less dust and waste from the production, and work areas can be divided between workers and machines, creating a safer work environment for Yara’s employees. Sustainable development and innovations are vital factors for Yara in order to create high quality fertilizer to help farmers in Thailand to grow their crops with maximum efficiency. This is an important contribution to development and growth of agriculture in Thailand.

30
MAR
2017

European Chambers Luncheon: BOI Policy Update

European Chambers Luncheon: BOI Policy Update

Date: Thursday, 30 March 2017
Time: 11.30 – 14.00 hrs.
Venue: Conrad Bangkok Hotel, Ballroom on 4th Fl. (map)
Price: Baht 1,200 for members and Baht 2,000 for non-members
*3-course lunch inclusive
*Advance payment and booking at least 3 days before the event
*Cancellations, if any, must be done at least 3 days before the event.

RSVP: to secretary@norcham.com by 24 March 2017

Join us for a luncheon talk with Khun Duangjai Asawachintachit (profile), Deputy Secretary General of the Thailand Board of Investment (BOI) for the latest BOI policy updates and insights on your investments in the land of smiles. With more than 30 years of experience anchoring investments into Thailand on behalf of the BOI, working hand-in-hand with especially European investors, her expertise is definitely something you should not miss.

Expect to learn more about cluster industry development in Rayong/Map Tha Put, how your business could drive Thailand 4.0, and how BOI policy updates will benefit your businesses.

Already have specific questions/topics in mind?
Please share them here - we will make sure Khun Duangjai receive them before the event.

Below is the menu selected for the luncheon, please let us know in advance should you have specific dietary requirements.
• Appetizer: Grilled Mediterranean marinated vegetable with balsamic dressing, toasted pine nuts
• Main course: Pan seared Norwegian Salmon with Grilled Pumpkin, Potatoes Marcaine, Steamed Asparagus with White Wine Cream
• Dessert: Apple strudel with vanilla sauce and rum raisin ice cream

27
MAR
2017

Visit to Dtac Accelerate with Thai – Norwegian Network for Exchange Students

On Monday 27 March, the Thai Norwegian Chamber of Commerce and the Royal Norwegian Embassy in Bangkok co-hosted an event with dtac and the Telenor Group. The event was hosted by dtac Accelerate in the Hangar co-working space, and the aim was to present their company to former Thai exchange students to Norway. This is a group of students that speak Norwegian and have good knowledge of Norwegian culture. They have a unique competence that can be of interest to Norwegian companies in Thailand. The Thai – Norwegian Chamber of Commerce hopes that this event was the first of more similar events. We would like to offer this as a service to our members, as a new way to connect with potential new employees.

Our host had prepared an interesting program with a tour of the working space and presentations of two successful start-ups: Skootar and Takemetour. See website for more information; http://accelerate.dtac.co.th/en/Programs

H.E. Kjetil Paulsen opened the event with a short introduction, followed by a few introductory remarks by the chambers new Executive Director Anne-Kari Gulliksen. All Premium members were also invited to the event.

24
MAR
2017

Thailand as an Investment Destination

As part of the strategy to attract foreign investment, the 2013 reduction of its corporate income tax level to 20% saw the country’s corporate tax rate become the second lowest in the ASEAN bloc, behind only Singapore.

Two years later, in 2015, Thailand’s Board of Investment (BOI) announced a seven-year investment promotion strategy. This had a specific focus on investments intended to enhance national competitiveness, as well as activities that were environmentally friendly, energy saving or using alternative energy. It also looked to boost clusters that created an investment concentration based on regional potential, while strengthening the value chain. In particular, it aimed to nurture investments in the border provinces of southern Thailand, which could develop the local economy, as well as special economic zones capable of fostering economic connectivity with nearby countries. Additionally, it outlined plans to attract overseas investment in order to enhance the competitiveness of Thai businesses, while boosting the country’s role within the wider global economy.

Among the incentives on offer to help realise these strategic goals are a number of tax concessions, land ownership deals, and streamlined investment procedures, as well as import duty exemptions/reductions relating to activities that meet national development objectives. Additionally, any manufacturing company in receipt of investment promotion privileges is exempt from both foreign equity restrictions and local content and export requirements..