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

30
MAR
2017

European Chambers Luncheon: BOI Policy Update

European Chambers Luncheon: BOI Policy Update Date:...
21
MAR
2017

Annual General Meeting 2017

Mark your calendars! Annual General Meeting 2017 Date:...
20
MAR
2017

Lecture for European Investors on Prompt Pay

POSTPONED EABC Seminar: Lecture for European Investors...

BUSINESS REVIEW

NEWS & MEMBER OFFERS

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

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..

22
MAR
2017

Special Member Offer from Plaza Athenee Bangkok, A Royal Meridien

Gastro Bistro

Further adventures in French bistro culinary culture unfold in an all-new, all you can eat, a la cart menu format every Sunday lunchtime at The Reflexions, Plaza Athenee Bangkok, A Royal Meridien Hotel. The talented team, led by many Michelin-restaurant experienced mistress of mouth-watering creations Chef Roxanne Lange, invites savvy diners to indulge their appetites for classic and contemporary French bistro cuisine from an original menu of over 20 dishes, optionally matched with five Italian and New World wines, draught beer and soft drinks.
Priced THB 2,500++ per person including free flow wine, draught beer and soft drinks.

For more information or to make reservation, please call 02 650 8800 or email: fb.bangkok@lemeridien.com

http://www.plazaatheneebangkok.com/en/forms/bistro

21
MAR
2017

Annual General Meeting 2017

Mark your calendars!
Annual General Meeting 2017

Date: Tuesday, 21 March 2017
Time: 18.00 – 21.00 hrs.
Venue: Sheraton Grande Sukhumvit
Price: Free for members and spouse/companion

RSVP: secretary@norcham.com by 17 March 2017

 

Generously sponsored by Jotun

20
MAR
2017

Lecture for European Investors on Prompt Pay

POSTPONED

EABC Seminar: Lecture for European Investors on Prompt Pay

Date: Monday, 20 March 2017
Time: 10.00 – 12.00 hrs.
Venue: Plaza Athenee, A Royal Meridien Bangkok
Price: Baht 850 for EABC members and Baht 1,000 for non-members

Online registeration, please click here.

You are cordially invited to join EABC seminar and get to know the important aspects of Prompt Pay:

  • What is it? Benefits for businesses. How good is the security system?
  • How can European investors help the ministry implementing National E-Payment Policy?
  • What it means for you and your company
  • Incentives/promotions for attracting foreign investors to help implementing the E-Payment Policy considered by the Ministry of Finance
  • New policy measures the Ministry of Finance will intoduce in the near future and the Economic outlook for the remain of 2017

VIP Lunch after the session with H.E. Kiatchai Sophastienphong.

For more information, please visit EABC website.

16
MAR
2017

Labour Affairs Matter – How to Avoid Labour Disputes in Thailand

Nordic Seminar and Networking with Lorenz & Partners on "Labour Affairs Matter – How to Avoid Labour Disputes in Thailand"

Date: Thursday, 16 March 2017
Time: 16.30 – 17.45 hrs.
Venue: The Admiral’s Pub & Restaurant, Sukhumvit 24 Road
Price: Baht 300 for TNCC members and Baht 500 for non-members (inclusive of snacks and coffee break)

RSVP: to secretary@norcham.com by 10 March 2017

Members of Thai-Norwegian Chamber of Commerce are invited to meet and discuss with the business consultants from Lorenz & Partners Co., Ltd. (L&P) on the importance of Thailand’s Labour Law and key requirements of the Thai Labour Protection Act (LPA). The speakers will elaborate on the following topics and will present concrete cases to visualize the legal risks and to enable the participants to deal with future challenges.

Topics
– Common pitfalls with regards to fixed-term employment agreements
– Preparing and issuing legally compliant warning and termination letters (Risks & Best Practices)

About the Speakers

  • Mr. Till Morstadt, an Equity Partner of Lorenz & Partners since April 2004, is an expert in tax law and accounting and has extensive experience in structuring major foreign investments in Thailand. Read more>>>
  • Mrs. Athitaya Chanthasirichot, a Partner of Lorenz & Partners, advises primarily European clients in Thailand on matters of foreign investment in Thailand. Read more>>>
  • Dr. Constantin Frank-Fahle, a Senior Consultant of Lorenz & Partners, is a legal expert in international commercial and plant construction law. Read more>>>

Agenda
16.30 – 16.00 Registration and snacks
16.30 – 17.30 L&P Seminar Briefing
17.30 – 17.45 Q&A
18.00 – 21.00 Networking

For more information, please download the enclosed flyer.

14
MAR
2017

Cambodia Focus: Explore Opportunities Across The Border

Members of Thai-Norwegian Chamber of Commerce are cordially invited to attend the seminar by Eurocham Cambodia on the topic of "Cambodia Focus: Explore Opportunities Across The Border"

Date: Tuesday, 14 March 2017
Time: 9.00 - 18.00 hrs.
Venue: Pullman King Power Hotel, Bangkok
RSVP: to Eurocham-Cambodia

This event, tailored specifically for European businesses in Thailand, will give you the answers on how to improve your supply chain and how to find new partners. The full day event will begin with panel sessions including the Secretary General of the Council for the Development of Cambodia, H.E. Mr. Sok Chenda Sophea, while the second half of the day will consist of B2B meetings with specialists to answer your questions and to discuss expansion possibilities in detail.

Agenda

09.00: Registration

09.15: Welcoming remarks - Mr. Arnaud DARC, EuroCham Cambodia Chairman

09.20: Cambodia’s trade and investment overview - H.E. Mr. SOK Chenda Sophea, Cambodian Minister attached to the Prime Minister, Secretary General of the Council for the Development of Cambodia

09:50: How to trade with and set up a business in Cambodia - Mr Guillaume MASSIN, Managing Director, DFDL Cambodia

10.20: Coffee break / networking

10.45: Attractiveness of Cambodia - panel discussion, followed by Q & A
H.E. Mr. SOK Chenda Sophea, Cambodian Minister attached to the Prime Minister, Secretary General of the Council for the Development of Cambodia
H.E. Mr. SOK Siphana, Advisor to the Royal Government of Cambodia
H.E. Mr. George EDGAR, Ambassador of the European Union to Cambodia
H.E. Mr. Arnaud DARC, EuroCham Cambodia Chairman

11.45: Success stories
Mr. HONG Joseph, General Manager, Bosch Thailand
Ms. Lidya CORTBERG, Creative Director, Melon Rouge

12.15: Closing remarks - H.E. Mr. OK Boung, Cambodian Secretary of State for Commerce

12.30: Lunch buffet

14.00: B2B meetings

18.00: End of the event

For more information, please visit Eurocham-Cambodia

03
FEB
2017

Amendment of BOI Act and New BOI laws

The Investment Promotion Act B.E. 2520 (BOI Act) was amended and this amendment has been effective since 25 January 2017. The official English translation has not yet been published on the BOI website (2 Feb 2017), but DFDL has summarised the changes.

Please click on the below link for the full text:
 

Full story
01
FEB
2017

Thailand: New Law on Interest Overcharging

The first enactment of Thailand’s Interest Overcharging Law, which came into effect in 1932, prohibited any person from loaning money to another person and subsequently charging them interest at a rate that exceeded the rate prescribed by the law.

Eighty-five years later, Thailand finally promulgated a new law focused on this topic called “The Act Prohibiting the Collection of Interest at an Excessive Rate B.E. 2560 (2017)” on January 15, 2017. The new law was made effective the following day, repealing the 1932 version.

A key element of this new law is the enhanced stringent penalties imposed on any person who loans money to an individual and then levies interest on repayments at a rate exceeding that permitted by law. This action will result in the offender facing criminal sanctions amounting to imprisonment for no more than two years, a fine of not more than THB 200,000, or both. These penalties are significantly stricter than those meted out under the previous Act, which only imposed up to a one-year imprisonment term, a fine of not more than THB 1,000, or both.

See further
 

Full story
26
JAN
2017

The Best Ever Seafood under the Stars coming up

The best ever Seafood under the Stars at the Norwegian Ambassador's Residence featuring renowned Norwegian Chef Markus Dybwad is just around the corner. Mark your calendars!

Date: Thursday, 26 January 2017
Time: 18.30 – 22.00 hrs.
Venue: Residence of H.E. the Norwegian Ambassador, 74 Sukhumvit Soi 38
Price: Members: Baht 5,000 plus 7% VAT. Table for 10: Baht 48,000 plus 7% VAT

RSVP: secretary@norcham.com by 20 January 2017.

Markus Dybwad celebrates Seafood under the Stars Chef Markus Dybwad

With a record of accomplishment from Michelin starred restaurants such as Restaurant Bagatelle in Norway, Heston Blumenthal’s The Fat Duck in UK, Iggys and Equinox in Singapore, Norwegian born Chef Markus Dybwad is taking his experience to Asia to give you the best of what can be offered of cold water seafood. Chef Markus has through his curious nature been introduced to the traditional Norwegian cooking, the fine dining cuisine of the Fat Duck, the French style in Paris, and through nearly three years around Asia, the Eastern palette. This has developed into a food philosophy where styles, flavours and traditions are pieces of the puzzle leading to the ultimate moment of the guest satisfaction.