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< Back Thailand’s economy experienced a slow but steady revival, primarily driven by private consumption 28 Sept 2023 As for the general economy, it gradually continues to recover. The main driver being increased private consumption, a strong labour market and a moderately recovering tourism sector. However, the situation is different when it comes to goods exports. Goods exports declined with 5.5% (year-on-year), making it the tenth consecutive month of contraction. The major reason behind the contraction this month being a decline in both manufacturing and agricultural exports. When it comes to the outlook for Foreign Direct Investments (FDI), it has mainly been supported by the economic recovery and investment promotion efforts. There is an increased interest in certain targeted industries such as electronics, food processing, and the automotive sector in which the electronic vehicle supply chain stands out. The inflation continues to be very low, though a minor increase was seen in August. The reason behind the increase being rising energy and food prices. As seen from the first ten months, fiscal consolidation has progressed at a slow pace due to the implementation of energy subsidies. However, the central government's fiscal deficit decreased to 4.3% of GDP, compared to 6.2% in the same period last year. As for the public debt, it remained stable at 61.7% of GDP as of July. Regarding the newly formed government, they have set up policy priorities that aim to stimulate household spending. This includes a provided one-time transfer of 10 000 THB via digital wallets to all individuals aged 16 and above. This, together with additional cuts in energy prices, and by postponing debt repayments for (1) farmers; (2) small and medium enterprises; and (3) individuals for three years, all serves the purpose to reduce the cost of living in the country. However, some of these efforts would lead to increased fiscal costs. Lastly, Thailand´s current account balance recorded a deficit of 1.1% of GDP in July due to a declining goods trade surplus and increased deficits in services, primary and secondary income. Read the full report at: https://documents1.worldbank.org/curated/en/099345209202319955/pdf/IDU080f2279a09ced04ba90ace20f6e79dbc8d51.pdf Previous Next

< Back Ingvar Krook Application 2023.2024 Now Open! 26 Apr 2023 The Thai-Swedish Chamber of Commerce (SweCham) in Bangkok is delighted to offer an internship opportunity for a recent or upcoming Swedish graduate, starting in September 2023, for a duration of 6 to 10 months. The Ingvar Krook’s Grant will cover the living expenses of the selected applicant during their stay in Bangkok. The internship at SweCham office in Bangkok, Thailand, will provide the successful candidate with a chance to contribute to the Chamber’s work program, activities, and events. It will enable them to enhance their professional skills and personal growth, gaining exposure to a variety of business-related fields such as marketing and communication, event planning, project management, content creation, and public relations. The scholar will also acquire significant knowledge about the business environment in Thailand and Asia. Overall, this internship opportunity at SweCham offers a highly valuable and enriching experience for the selected candidate, enabling them to broaden their horizons while advancing their career prospects. QUALIFICATIONS AND REQUIREMENTS Swedish Nationality Student or recent graduate (Bachelor or Master level) in business administration, international business, marketing and communications or related fields Excellent written and oral communication skills in English Excellent social skills and strong team player High computer literacy in MS Office and preferably website management skills/experience Interested in graphic design High level of initiative, judgement, and decisiveness in accomplishing tasks Ability to work independently, good time management skills and an eye for details Ability to work effectively under pressure and to juggle multiple tasks Interest in, and basic understanding of, online and offline marketing HOW TO APPLY We are reviewing applications on an on-going basis until a suitable candidate has been identified so please submit your applications as soon as possible. Applications should be written in English and consist of short CV and cover letter highlighting relevant qualifications and experience. Applications should be submitted via email and sent to director@swecham.com with the subject ‘Application for SweCham Internship-[NAME]’. Previous Next

< Back Thank you for showcasing the security technologies from Axis Communications 31 May 2024 On 27 May 2024, SweCham Executive Director Dr Pojanath Bhatanacharoen visited Axis Communications at their office for a fruitful discussion, aiming to explore our future collaborations. We would also like to thank Khun Lee Oh Tee (Director, Strategic Growth Initiative South Asia Pacific), Khun Suphawaporn Siriudomdetku (National Sales Manager), and Khun Pikunkaew Pornpratan (Account Manager Thailand) for their warm welcome to the Axis Communications office. As the industry leader in video surveillance, Axis Communications develops and supplies innovative network solutions that enhance security and business performance. Founded in 1984 and headquartered in Lund, Sweden, Axis Communications employs around 4,000 people across more than 50 countries. In partnership with thousands of technology and system integration partners, Axis is dedicated to creating a smarter and safer world. During this visit, we exchanged information on our current initiatives and plans for 2024. Dr Pojanath also shared our work at SweCham, covering our advocacy work, member initiatives, projects, and upcoming events. The discussion also led us to look at potential opportunities for future collaboration between our organisations. We look forward to developing new opportunities and partnerships with Axis Communications in the future! Interested in learning more about Axis Communications? The Axis Experience Centre in Bangkok offers a unique opportunity to explore how these innovations are shaping the future. By visiting them, you can enjoy hands-on experiences with network video, gain behind-the-scenes access, and receive expert insights into industry trends. To learn more about Axis Communications or book a visit, please visit www.axis.com/experience-center/bangkok Previous Next

< Back New Design of Bangkok Bank Mobile Banking Application 29 May 2023 Bangkok Bank Mobile Banking application is rolling out a new design that improves both the user experience and functions to give greater convenience to customers. While still meeting high levels of security, the new design reflects the understanding of the customer. The developments reflect the continuous efforts to improve Bangkok Bank Mobile Banking to provide a good user experience, be top of mind and become your ‘trusted partner’ for mobile banking throughout your financial journey. Experience the new design for Bangkok Bank Mobile Banking from today onwards. It is now available at App Store, Google Play and Huawei App Gallery. Photo credit: ThaiPR.NET Source: https://www.thaipr.net/en/finance_en/3338690 Previous Next

Internship 2024 The SweCham welcomes new interns all year round! Applications are open for 2024!! Athicha Saibua 'Interning at SweCham is a great experience! I've tried my hands on various projects and in doing so, have gained many essential skills. Working in a small team makes me feel seen and heard, even as an intern, and it has definitely made me confident more in work environment.'

< Back Aritco Home Lift Innovative Solutions for Accessibility and Design at Architect'24 Expo! 3 May 2024 This year, SweCham member, ลิฟต์บ้าน Aritco Thailand: Home Lift from Sweden, is exhibiting at the Architect’24, the 36th ASEAN’s largest building technology exposition. Our Executive Director, Dr Pojanath Bhatanacharoen, also visited them at the booth and was warmly welcomed by Khun Jutharat Hongkhajorn, Assistant to the Managing Director. Aritco (Thailand) Co., Ltd. provides sales and installation services for Home Lifts and platform lifts, the high-quality patented screw-driven system from Sweden, which offers superior design, utmost convenience and compliance with European Safety standards. Thailand is their region of responsibility where they install lifts both indoors and outdoors, as well as offering reliable warranty service that covers emergency call 24-hour assistance. Visit Aritco Thailand and their team today until 5 May at Hall 3, Booth L316, Pole L44, at IMPACT Challenger! To discover more about Aritco Thailand, please visit https://www.aritco.co.th/EN/home Previous Next

SweCham Working Groups SweCham has set up two working groups with leading Swedish companies to support the Thailand 4.0 economic model with know-how, advocacy, and investment guidance. Behind the initiative is SweCham’s Sustainability Working Group (SWG) and newly formed Connectivity Working Group (CWG) with world-leading Swedish companies as the driving force. Connectivity Working Group Sustainability Working Group

< Back SweCham would like to warmly welcome our new intern to our team! 6 Jun 2024 Kuncharika Sasnakul (Sara) is a fresh graduate of Thammasat University with a bachelor's degree in political science and international relations. She has an unwavering interest in fostering policy initiatives that promote trade and business relationships between Thailand and Sweden, particularly steering businesses toward sustainable development. During her three-month journey internship at Swecham, Kuncharika will fulfil the role of Policy and Communications Coordinator. With a keen passion for gaining deeper insight into Swedish culture, she looks forward to utilising this opportunity to significantly enhance her professional skills and meaningfully contribute to the Swecham Team. Previous Next

< Back Bidding farewell to our outgoing intern, Johan Lindeson, the Ingvar Krook Scholar who has been with us for almost a year 7 Jun 2024 Johan has made significant contributions to the SweCham Team and Chamber throughout his internship. He has been actively involved in various SweCham and Team Sweden events, consistently providing valuable support and insight. His participation in the Business Climate Survey was instrumental in supporting Business Sweden in Thailand, showcasing his analytical skills. Johan's efforts were particularly notable in our Swedish cultural events, including the Christmas celebrations last year and the upcoming Midsummer Lunch, where his dedication shone through. Additionally, Johan has also been a vital part of our social media and weekly updates, ensuring that our members and friends stay updated with the latest activities and business trends in Thailand through regular updates and engaging content. His work at the Sweden Pavilion during the Sustainability Expo 2023 and the Swedish Education and Career Days at the OCSC fair 2023 was commendable, where he introduced and promoted Swedish culture to the Thai participants. SweCham greatly appreciated having Johan with us during the past year. It was a pleasure seeing him grow and gain new skills and experiences. We wish him the best of luck in his future career! Previous Next

< Back Rapid Asia and Upskilling and Reskilling Needs in Thai's Automative Sector 8 Feb 2024 Thailand's growing EV industry is driving a shift towards automation and green mobility, presenting both opportunities and challenges. A recent collaboration between Rapid Asia and the International Labour Organization focused on addressing the skills gap in the automotive sector, aiming to develop strategies for skill development to meet evolving industry demands and enhance productivity. Source: https://www.linkedin.com/posts/rapid-asia-co-ltd-_rapidasia-ilo-responsiblebusinesspractices-activity-7161191915126743040-Mu1s? Previous Next

The Story About SweCham The Thai-Swedish Chamber of Commerce (SweCham) was inaugurated in 1989 by Their Majesties HM King Carl XVI Gustaf and HM Queen Silvia of Sweden, and has 35 years since its existence, established itself firmly within the Thai-Swedish and international business community in Thailand. Today, the SweCham has members ranging from well-known multinational companies to small start-ups and local companies, making the Chamber an important trade association representing a range of businesses in Thailand. SINCE 1989 The Chamber conducts an essential role in the Thai-Swedish business community and continuously works to identify business- and trade problems and opportunities. As such, the Chamber provides regular business opportunities for its members through a variety of functions and activities, and it continuously seeks to develop these activities to empower the growing Swedish business community.​ SweCham is working closely with other trade associations and organisations, providing a united voice to advocate for the interests of its members and to improve the business climate in Thailand. This includes interaction with for example the Board of Trade, Thai Customs Department, Immigration and Revenue Departments, the Board of Investment etc. facilitating access to top officials in the Thai administration. Photo credit: Bangkok Post Photo credit: Bangkok Post Photo credit: Bangkok Post 1/2 1/6 OBJECTIVES The Chamber is a member-driven, non-profit, non-governmental organisation offering support and assistance to Swedish and Swedish-related companies and individuals in Thailand. The SweCham is dedicated to: ​ The promotion, advancement and protection of its members’ business interests; ​ Enhancing the commercial relations between Sweden and Thailand, and ​ Improving the business climate in Thailand through seeking affiliation with appropriate bodies in Thailand. WHAT WE DO 01 MEMBER-DRIVEN The promotion, advancement and protection of its members’ business interests 02 ADVOCACY Improving the business climate in Thailand through seeking affiliation with appropriate bodies in Thailand. 03 TRADE PROMOTION Enhancing the commercial relations between Sweden and Thailand