Travelers Spend More Money in Thailand Than Anywhere Else in Asia
According to a visualization of recent UN World Tourism Organization data by HowMuch, a financial literacy and infographics agency, Thailand outranks every other nation in Asia when it comes to tourism spend.
Last year, it collected $57 billion in international tourism receipts, nearly doubling Macao ($36 billion), Japan ($34 billion), Hong Kong ($33 billion), and China ($33 billion). Globally, the only countries that out-earn Thailand in terms of tourism dollars are France ($61 billion), Spain ($68 billion), and the United States—which handily takes the gold medal, at $211 billion.
ATBC at ASEAN Business Council Networking Event
The ATBC was proud to be a joint partner in the inaugural ASEAN Business Council’s Networking Event held in partnership with Indonesia, Malaysia, the Philippines, and the NSW and Australian Governments at the NSW Trade and Investment Offices in Sydney.
Approximately 70 people attended the event from a wide range of backgrounds that included business, commercial, diplomatic, academic and trade attendees. Each of the 4 Business Councils gave short updates on their respective areas, as did the NSW and Australian Governments. A particular highlight was a presentation given by Dr Sandra Seno-Alday from the University of Sydney Business School, on various growth trends across the ASEAN Business Sector. The respective Business Councils agreed to capitalise on the success of this event with another event in the future.
You can read a PDF copy of ATBC National President’s Speech from the event here:
Thai Business confidence improves in June
Thai business confidence improved in June, boosted by the government’s economic stimulus measures, a weaker baht, which is good for tourism and exports, growing border trade and recovering farm prices.
The Thai Chamber of Commerce’s new index, which gauges nationwide business sentiment, increased to 48.4 points in June from 47.7 in May — the month it debuted.
Read the full story at the Bangkok Post.
Source: the Bangkok Post
ATBC Welcomes New Thailand Ambassador to Australia
Taste Australia Launched in Thailand
The unique story of Australian horticulture products came alive in Thailand with the launch of “Taste Australia” – Australia’s new branding to promote premium Australian horticultural products.
Australia is known for its great lifestyle with our sunshine, appealing farms, beaches and landscapes, all of which is conveyed through this new in-market brand and activity giving Thai consumers a sense of Australia every time they buy and eat Australian fruit, vegetable and nuts, grown and nurtured by professional growers, in one of the world’s cleanest and most fertile environments.
Read the full story at the Australian Embassy Thailand website.
Australia – Thailand Association Newsletter May 2018
The Australia – Thailand Association aims to foster social and cultural relations between Australian and Thai nationals and expatriates in Canberra and the surrounding regions.
ASEAN Summit Outcomes – March 2018
Prime Minister Malcom Turnbull and Association of Southeast Asian Nations (ASEAN) leaders have agreed to intensify their shared work to shape a more secure and prosperous region.
A joint statement released at the close of the ASEAN-Australia Special Summit in March 2018 – ‘The Sydney Declaration’ – sets out a clear vision for the future of the ASEAN-Australia partnership, with a commitment to further elevate cooperation.
During the Summit, leaders agreed to boost trade, investment and business links between Australia and ASEAN, with new initiatives on smart cities, infrastructure development, economic policy cooperation, digital standards, education exchanges, counter-terrorism and security cooperation.
The ASEAN-Australia Special Summit marks a new era in the increasingly close relationship and reaffirms Australia and ASEAN as partners with a vital stake in a dynamic region undergoing major changes.
For more information on Summit outcomes:
Thailand Launches New Smart Visa
Thailand has officially launched the new 4-year professional visa scheme for professionals, also known as Smart Visa, to attract foreign highly-skilled talents.
The Smart Visa targets foreign entrepreneurs, high-level executives, new business start-ups or digital independents in 10 target industries, which include automotive, electronics, tourism, agriculture and biotechnology, food, robotics, aviation and logistics, biofuels and biochemical, digital, and medical sectors.
ATBC AGM Minutes 2017
At the 37th AGM of the Australia Thailand Business Council (ATBC), held at the offices of member firm Kingsgate, in Sydney on 8 November 2017, we are pleased to advise that the following Board was elected unanimously:
- National President – Doug Blunt
- Vice-President – Jamie Gibson
- Secretary – Jamie Gibson
- Treasurer – Doug Blunt
- Assistant Secretary – Peter Siripol
- Board Member – Peter Siripol
Download the minutes from the Australia Thailand Business Council AGM, held on 8 November 2017.