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Monthly Newsletter.
Networking, news and events.
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LCT Meeting
The Ambassador H.E. Reuben Levermore paid a visit at the Lawyers Council under the Royal Patronage on Friday, 29 May together with Mr. Brian Sinclair-Thompson to represent the New Zealand business people in Thailand.  Dr. Sutham Valaisathien as the President of Belu-Thai Chamber of Commerce and the Board Member of Lawyers Council of Thailand was the host.
In this Edition Summary of Upcoming Events
Presidents Message                              
Corporate Knight  Business Networking
Events in July
NZ Economy slows
Sheep management by drone
NZ Wine production
 
Presentation & Networking  June 25th
Insurance & AEC Luncheon Jul 9th
Networking Event July 23rd



Presidents Message

Dear Members,

The month of June has started with some extraordinary strong winds and torrential rain causing widespread  flooding and traffic congestion in many areas around Bangkok. While not unusual to have heavy rain, the volume over a short period was just too much for the system to handle. Lets hope it is not a sign for the rest of the rainy season.

The EGM last month was successful and we were able to vote through the changes required to amend the charter and more importantly complete the registration of our new address with the MOC.

I am happy to announce that the NZTCC through the support of the JFCCT has been invited to join the BOT committee which is a good opportunity for our chamber.

Last week  NZ celebrated  the 40th anniversary of New Zealand-ASEAN  ties, a significant event. Later this year New Zealand Prime Minister John Key will join the ASEAN leaders' summit in Kuala Lumpur to commemorate the  relationship. 

Early July we are continuing the support of the NZ ASEAN anniversary,  jointly hosting  a luncheon with a presentation on the future of insurance in Thailand  and the AEC. 

The Super 15 semi-finals are upon us with two NZ teams up against our trans Tasman rivals lets hope we succeed and make the final an all NZ affair.

I look forward to seeing you all at this months Corporate Knight at the Eastin Grande. We have an excellent speaker in  Dr. Sethaput Suthiwart-Narueput the topic is a Thailand economic review. I  would like to thank our sponsor Grayling and Justin Barnett and his team for their ongoing support of the chamber.

Kind regards,


Peter Burgess
President

                 

NZTCC , Irish Thai & Beluthai Chambers Joint
presentation and 
Corporate Knight Business Networking

Mid Year Economic Review : Thailand's New Normal
Speaker:
Dr. Sethaput Suthiwart-Narueput
Executive Chairman, Thailand Future Foundation
(for more details please go HERE)
Date: Jun  25th 2015
Venue:  Eastin Grande Sathorn
(Nearest BTS Station Surasak)
Time: Presentation  Registration 4:30 pm
Presentation  5:00pm
Networking Meeting 6:30pm
Cost:
Presentation : Free
Networking Event
Chamber  Members   500baht
Non Members  900 baht

Sponsors

Grayling is a leading Public Relations, Government Relations, Investor Relations and Events Consultancy with specialist services including CSR, environment and sustainability and digital.  Grayling operates from 54 offices in 26 countries worldwide across Europe, North America, the Middle East and Asia.

Enterprise Ireland is the government organisation responsible for the development and growth of Irish enterprises in world markets.  We work in partnership with Irish enterprises to help them start, grow, innovate and win export sales on global markets.  In this way, we support sustainable economic growth, regional development and secure employment. 


Events in July

calendar change  
For July Corporate Knight Business Network the date has been changed to:
JULY 23rd 2015
 This has been done  to avoid a clash with  the long holiday weekend.
 
 

 Joint ASEAN+6 Chambers’ Luncheon Talk

in celebration of

the 40th Anniversary of the New Zealand – ASEAN Relationship

THE FUTURE OF INSURANCE: THAILAND AND THE ASEAN ECONOMIC COMMUNITY 2015

by

Khun Pravej Ongartsittigul

Secretary-General of the Thai Insurance Commission

Thursday, 9 July 2015

The Westin Grande Sukhumvit Hotel  @ Ballroom

For more details and booking  please go HERE

Sponsored by
Pacific cross


NZ economy: Weakest quarterly growth in 2 years

EconomyNew Zealand’s $239 billion economy grew at its weakest quarterly pace in two years, driven by a dairy-led contraction in agriculture and the impact on the mining sector of a drop in oil and gas activity. The New Zealand dollar fell.

Gross domestic product grew 0.2 percent in the first three months of the year, according to Statistics New Zealand. That was a third of the growth forecast by the Reserve Bank and bank economists. The economy grew at an annual 3.2 percent, just below expectations. The local currency fell as low as 69.09 US cents, from 69.56 cents immediately before the 10:45am release. It was recently trading at 69.14 US cents.

Weak growth may stoke speculation the Reserve Bank will cut the official cash rate again in coming months after last week’s quarter-point reduction to 3.25 percent. Reserve Bank governor Graeme Wheeler cited the slump in global dairy prices and the impact on the terms of trade in last week’s monetary policy statement, estimating farmers’ incomes in the 2014/15 season would be down about $7 billion.

Agricultural industries contracted 2.3 percent in the quarter, reflecting lower milk production that was driven by drought conditions in some regions and lower dairy prices. In this week’s GlobalDairyTrade auction, dairy prices fell to their lowest levels in almost six years.

The mining sector shrank 7.8 percent, “due to decreased exploration activity, and oil and gas extraction,” the government statistician said. “There was less extraction and exploration as international prices fell.”

The combined 2.9 percent decline in primary industries more than offset gains in business services, up 2.1 percent, retail trade and accommodation, which rose 2.4 percent on the back of tourist spending, and a 2.5 percent increase for transport, postal and warehousing, led by international air transport.

Retailing and accommodation recorded annual growth of 6.1 percent, the fastest in almost a decade, helped in the quarter by international events such as the Cricket World Cup and Chinese New Year. International tourist spending rose 2.3 percent in the latest quarter.

The expenditure measure of GDP grew just 0.1 percent in the first quarter, slowing from a revised 1.2 percent increase three months earlier. Household consumption rose 0.7 percent, led by spending on durable goods, and exports of goods and services gained 1.5 percent. Imports of goods and services rose 1 percent.

Inventories grew by $106 million, reflecting a build-up in agriculture and forestry. Investment in fixed assets fell 1.9 percent.

(Source Business Desk @Scoop NZ)


Hi-tech sheep herding

Sheep HerdingSouth Island farmer Brett Sanders uses a drone to herd his sheep across his 29,000 acre farm near Alexandra, New Zealand.

Instead of using a sheep dog to herd the flock, the farmer attached a horn and siren to the drone to get his sheep moving.

“So far it is just an added tool I can use on the farm at certain times to help with the mustering”, said Sanders.

Using the drone saves both time and money and allows the farmer to keep an extra pair of eyes on the sheep.

Before buying his first drone second-hand from a kid, the farmer had wanted one for three years as deep snow in winter made it hard to check on the sheep regularly.

Apart from herding his sheep Sanders also enjoys the amazing footage of the stunning New Zealand landscape provided by the drone.

(Source: Daily Mail, Mimmie Wilhelmson, June 01, 2015.)


NZ Wine

(Source: The New Zealand Wine Directory)

Ball Logos

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