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June 2016 Newsletter

A stunning photo by Shaun Jeffers of the glow-worms at Waitomo

In This Edition

* President's Message
* Business Talk & Networking
* Obituary: David O'Callaghan
* Brexit and NZ Dollar
* Emotikis
* Best Aussie pie made
      by kiwis


Upcoming Events

* JFCCT Serives Forum 
      Jun 28th
* Business Talk & Networking
      Jun 30th
* Business Networking
      July 28th


President's Message

Dear Members,

It is a sad month for the NZ Chamber, as one of our best liked members, David O’Callaghan passed away last week, losing his battle with cancer. David was a real stalwart of our committee & past treasurer for the Chamber.  An obituary for David is included in this newsletter and on our web site.

As part of the 60 years NZ-Thailand economic relations the NZ Embassy hosted a Maori Cultural performance presented by Te Pouia at the Siam Centre. This was a great performance that proudly represented the rich culture we have in NZ. Many thanks to our Ambassador HE Mr Ben King, for hosting the event which I believe was appreciated by all who attended.

This month’s Corporate Knight (Thursday 30 June) is a joint Chamber event between Thai-Finnish, Thai Swedish, Netherlands Thai, BeluThai and Thai Norway Chambers of commerce and will be held at the Four Points Sheraton.  Our thanks to this month’s corporate sponsor JVK International Movers and our location sponsor Four Points by Sheraton.

Prior to the CK event we have a presentation by Dr Sirilaksana Khoman from the National Anti-Corruption Commission. Dr Sirilaksana is an entertaining and informative speaker who provides interesting insights on corruption in Thailand & work done by the commission.
Peter Burgess


NZTCC together with BeluThai, Thai Finnish, Thai Swedish, Thai Norwegian and Netherlands Thai Chamber of Commerce, is pleased to invite members and guests to join the Business Talk and Networking Event on 30th June.

The topic will be "Is Fighting Corruption in Thailand A Losing Battle?" by our guest speaker Dr. Sirilaksana Khoman, Chair, Economic Sector Corruption Prevention, at Thailand's National Anti-Corruption Commission (NACC). 

Event Details
Date:       Thursday 30 June 2016
Time:       17.00 - 18.30 (Biz Talk)
                18.30 - 20.30 (Networking Event)
Price:       500 THB for members and 900 THB for non-members
Venue:     Breeze Room, 8th Floor, Garden Wing, Four Points by Sheraton Hotel
More about our guest speaker DR.SIRILAKSANA KHOMAN
Registration is binding. Please register by 27 June 2016.          REGISTER
Reservations cancelled less than 48 hours in advance will be invoiced and charged as no-shows

JVK was established in 1979 initially providing a packing and moving service to destinations both domestically and internationally. Today, JVK is a publicly listed company providing a complete range of logistics solutions to serve government, corporate, and individual clients. Our primary services have grown to include: Household goods removal service, Office removal service, Machinery removal service, Exhibition removal service and Self-storage service. 

From our headquarters in Bangkok, Thailand, we employ over 200 full-time employees, maintain a fleet of over 30 transport vehicles and operate a warehouse facility of over 3,000 square meters. We offer a network of JVK offices throughout Asia and alliance partners around the world.

Whether you require a household goods removal within Bangkok or an International relocation to any destination, JVK is here to help. /

Obituary: David O'Callaghan

It is with regret that we inform you that David O’Callaghan, a long-time member and officer of our Chamber passed away after losing his battle with cancer.

Those of us in the Chamber knew David as friendly, open and helpful no matter what the situation. He always had a ready smile and routinely went out of his way to help Chamber members.

David was a past Treasurer of the Chamber however, it will be his unstinting, energetic and enthusiastic commitment to the Chamber across all aspects that he will best be remembered for.

David was a keen golfer and cyclist. He was also a true Kiwi. Quiet and understated about his own ability and accomplishments, passionate about New Zealand’s success in business and in sports, and always prepared to acknowledge if a better team came through to defeat a kiwi side on the day.

Our thoughts and condolences go out to Lynda, Christopher and Sarah. He will be greatly missed.

NZ Dollar, Swaps tumble after Brexit poll

The New Zealand dollar tumbled more than 3 US cents, or 4.4 percent, and swap rates dropped as the UK voted to leave the European Union, confounding the predictions of bookmakers and pollsters.

The kiwi dollar fell to 69.84 US cents at 5pm in Wellington, from as high as 73 cents when voting closed this morning at 9am NZ time and down from 71.80 cents late yesterday. The local dollar surged as high as 52.88 British pence, the highest in almost three years, and was recently at 52.21 pence, from 48.55 pence yesterday.

Financial markets were wrongfooted by the Brexit vote, with polls calling the outcome too close to call as voting got under way and bookmakers predicting strong support for remaining in the EU. That carried through the close of the referendum, when Brexit backer Nigel Farage, of the UK Independence party, conceded defeat. However, six hours later and with the Brexit vote firmly in the lead, the BBC declared the result for the 'leave' camp and the British pound dived to a 30-year low.

"The exit polls were completely incorrect on the British elections and quite clearly useless on Brexit. The market got completely wrong-sided," said Tim Kelleher, head of institutional FX sales at ASB Bank."Across the board, there's risk off".

Kelleher said there's a high probability of intervention in currency markets by central banks, possibly acting in concert. "I don't think the Bank of England has been in yet."

The vote also "puts any chance of a Fed rate hike on the back foot and absolutely puts an August cut by the RBNZ on the cards," he said.

New Zealand's financial markets have been relatively unscathed in the fallout from the Brexit. The South African rand and Japan's Nikkei 225 Index tumbled more than 7 percent, while New Zealand's S&P/NZX 50 Index has fallen 2.3 percent. Gold and the yen, typically seen as safe haven investments, both climbed.

"We've come out of it relatively unscathed," Kelleher said. "We're as far as you can possibly get from all the carnage and we have reasonably attractive yields."

New Zealand's two-year swap rate dropped 14 basis points to 2.17 percent and the 10-year swaps tumbled 21 basis points to 2.65.

The trade-weighted index was recently at 75.36, having earlier soared to 76.90, from 75.99 yesterday.

The kiwi rose to 63.88 euro cents from 63.41 cents and slumped to 71.06 yen from 75.12 yen yesterday. The local currency dropped to 4.6286 yuan from 4.7222 yuan and rose to 95.53 Australian cents from 95.45 cents yesterday.

(Scoop: BusinessDesk)

Maori Emotiki Join Emoji Crowd

People wanting to text in a Maori “accent” will be able to do so in July with the release of a special set of distinctive green emoji in New Zealand, called “emotiki”.

Along with more usual ideas and emotions, the 150-character keyboard will also reflect Maori-specific concepts such as moves of the ritual haka warrior dance, as well as flax skirt, outrigger canoe and whanau. There’ll also be a small number of animated gifs, including one for pukana – a fierce expression with stuck-out-tongue used during the haka.

They emojis are the work of the Te Puia Maori cultural centre, which said it was going to keep them under wraps until July, but had confirmed their existence after being “thrilled” by the response online. The idea came from youngsters using social media to celebrate their performances at traditional Maori song and dance events, according to spokeswoman Kiri Atkinson-Crean.

“All they could use were expressions and symbols from other countries,” Atkinson-Crean told the Stuff website. “We wanted to give them another form of this language for an opportunity to express themselves.”
Photo by Te Puia.

Australia’s Best Pie is NZ-Made and Vegan

New Zealand-born Adrian Apswoude and Doug Meijer’s Melbourne bakery Ka Pies Bakehouse have been awarded Australia’s Best Pie for their Thai vegetable curry vegan pie.

Apswoude and Meijer launched Ka Pies in 2014. The pair had no baking experience.

It is the first time in the history of the Baking Association of Australia’s competition that a meat-free pie has won.

The bakery’s pies are now distributed all over Melbourne, to New South Wales, Queensland and New Zealand.

Original article by Goya Dmytryshchak, Star Weekly, June 3, 2016.
Photo by Damjan Janevski.


Copyright © 2016 New Zealand Thai Chamber of Commerce, All rights reserved.

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