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Prime minister to
speak at JFCC luncheon
H.E. Thaksin Shinawatra, prime minister of the Kingdom
of Thailand, will be the guest speaker at a Joint Foreign Chambers of
Commerce and Business Association luncheon on Wednesday, July 25th, 11:30
a.m. at the Grand Hyatt Erawan Hotel Ballroom.
This event is being organized to give the Thailand
business community an opportunity to hear first hand the views and
opinions regarding achievements and plans of the governments’ top
position in cooperation with the private sector.
As the capacity of the venue is limited, tickets will
be sold on a first-come first served basis. Tickets for the event are
priced at 1,000 baht net, or table(s) of 10 seats for 10,000 baht per
table. Admission will be for ticket-holders only.
If you wish to attend, please reply with payment no
later than July 20th 2001 to: Thai-Canadian Chamber of Commerce, 9th
Floor, Sethiwan Building, 139 Pan Road, Silom, Bangrak, Bangkok 10500,
tel. 02266-6085/86
Payment must be made in Thai Baht by cheque payable to
“Thai-Canadian Chamber of Commerce” at 9th Floor, Sethiwan Building,
139 Pan Road, Silom, Bangrak, Bangkok 10500. Bank transfer to A/C “Thai
Farmers Bank, Patpong Branch, Saving Account No. 018-2-62721-6”, THB.
Kindly note that transfer fees have to be borne by customers.
German Thai Chamber of
Commerce (GTCC) feels investment slowing
At the Stammtisch (networking evening) held at the Amari
Orchid Resort last week, two of the board members of the GTCC admitted that
overseas investment from Germany has slowed this year; however, they did not
believe that this could be taken as an indicator of adverse Thai government
policies. Hans-Kurt Schaefer, the senior vice president of the German
Commerzbank, felt that the general economic slow down in Europe was simply
being reflected as a slow down in overseas investment.
 Hans-Kurt
Schaefer (left), senior vice president of the German Commerzbank, and Stefan
Buerkle (right) at the German Stammtisch
The other board member, Stefan Buerkle, a well
established business advisor with the GTCC, said that the “honeymoon”
period following a change in government was not yet over, but he did not
endorse some sections of the overseas media who were portraying the new
Thaksin government as being “anti foreigners”. While the name of the
party, Thai Rak Thai, may look overly nationalistic, the GTCC were confident
that Thailand was still looking for overseas investment, especially from the
larger ‘Blue chip’ companies.
BCCT Breakfast Briefing
“Internationalization of Capital
Markets”
The British Chamber of Commerce Thailand will be
holding a breakfast briefing at Novotel Lotus Bangkok (Sukhumvit 33),
Lotus 1 Room on Thursday 26 July 2001 from 07.30 - 9.00 a.m. The guest
speaker will be Dr. John L G Board from the London School of Economics.
The BCCT is delighted to welcome Dr. John L G Board who
has kindly agreed to be guest speaker at the next BCCT Breakfast Briefing
on the subject of ‘Internationalization of Capital Markets’. Dr Board
will also talk briefly about the LSE Summer School to be held in Bangkok
in September 2001.
Dr. John Board is Reader in Finance and Accounting at
the London School of Economics. His research interests are in the areas of
derivatives markets, financial market regulation, portfolio selection, and
inter-market relations, in which he has a large number of academic and
professional publications. His research output includes a report
(commissioned by the Securities and Investment Board) into the
relationships between futures markets and the volatility of the equity
market, principally whether derivatives induce excessive volatility.
He has examined, in work sponsored jointly by the
London Stock Exchange and the London International Financial Futures
Exchange, the effects of large trades on the equity and traded options
markets. He acted as Specialist Adviser to the UK Treasury Committee’s
investigations into derivatives regulation and the Stock Exchange and gave
published evidence to the Committee on the collapse of Barings Bank. His
recent research includes work on public offerings and the nature of best
execution. He is currently engaged in work commissioned by the Financial
Services Authority to consider the effect of changes in financial markets
on regulation.
He is consultant to and co-ordinator of the Derivatives
and Market Linkages section of the Financial Markets Research Centre
(sponsored by the Economics and Social Science Research Council) at LSE.
He has also been funded under the Department of Trade and Industry’s
Foresight programme to investigate the effects of innovation in the
financial markets. He has been a research Fellow of the Institute of
Chartered Accountants in England and Wales. His teaching is principally in
Finance and he has taught at a number of institutions in the UK, France,
Eastern Europe, India and South America, at undergraduate, masters, MBA
and PhD levels.
The cost of this breakfast is 500 baht per person
including VAT. If you would like to attend please reply with payment to
the Chamber office no later than Wednesday 25th July 2001. Fax:
+662-651-5354, tel. +662-651-5350-3, email: [email protected]
Bank of Thailand’s new
governor to address the FCCT
The Bank of Thailand’s new governor, M.R.
Pridiyathorn is to address the FCCT at 7:30 p.m. on Wednesday July 25.
The appointment of M.R. Pridiyathorn Devakula as the
Bank of Thailand governor, and his announcement of a new interest rates
policy signaled through the increase of the key 14-day repurchase rate to
2.5% from 1.5% in a bid to discourage capital outflows, have been top
headlines in recent weeks both in Thailand and abroad. The new governor
has accepted to give to the FCCT his first major speech in English since
the recent changes.
Dinner from 7 p.m. Dinner Bt 280 members; Bt 400
non-members. Please book in advance for dinner. Call the FCCT on
652-0580-1.
Updated every Friday
Copyright 2001 Pattaya Mail Publishing Co.Ltd.
370/7-8 Pattaya Second Road, Pattaya City, Chonburi 20260, Thailand
Tel. 66-38 411 240-1, 413 240-1, Fax: 66-38 427 596
Updated by
Chinnaporn Sungwanlek, assisted by Boonsiri Suansuk.
E-Mail: [email protected]
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