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EABC Weekly E-News 2019 29th Edition

UPCOMING EVENTS


PARTNER & MEMBER EVENTS

 

4 Sep





4-7 Sep





5 Sep





9 Sep





30-31 Oct





15-17 Jan




 

MEMBER NEWS

THAILAND TOBACCO PLAIN PACKAGING ACT (2019)


MPG Legal Department kindly shared with us their tax update on the Thailand Tobacco Plain Packaging Act (2019). The 2019 Act substitutes the 2017 Tobacco Control Act, which set the minimum age for purchasing tobacco products at 20 and banned tobacco advertising, sponsorship and promotion as well as the sale of single cigarettes. This new legislation goes a step further, stipulating that all tobacco products will have plain packaging by September 2019.

For more information, please visit our website at 
https://www.eabc-thailand.org/news/members/thailand-tobacco-plain-packaging-act-2019/

PREMIUM PARTNERS

 






















































 

EVENT PARTNER











       

NEWS CORNER

SME NIGHT: SHARE, MEET AND ENJOY

Our EABC SME: Share, Meet and Enjoy Night brought together over 100 prestigious guests, which well exceeded our expectations! It was something different and the response from everyone who attended has been extremely positive. We wish to express our sincere gratitude toward all of you for extending your kind supports of our event and taking the time to attend SME: Share, Meet and Enjoy Night on 29 August 2019 at ABar, 37th Fl. of Bangkok Marriott Marquis Queen’s Park.

For more pictures, please visit our website at 
https://www.eabc-thailand.org/news/eabc/sme-night-share-meet-and-enjoy/

2019 EU-ASEAN BUSINESS SENTIMENT SURVEY


The EU-ABC has recently published the 5th EU-ASEAN Business Sentiment Survey.

Key findings this year:
  • 53% of respondents see ASEAN as the region with the best economic opportunity, up from 51% in 2018.
  • 88% of respondents expect to increase trade and investment in ASEAN in the next 5 years, an increase of 13% over 2018.
  • But only 3% of respondents feel that ASEAN Economic Integration is progressing fast enough, down from 11% in 2018
  • 58% of respondents found that the number of non-tariff barriers (NTBs) to trade in ASEAN have not changed much, despite various ASEAN-level commitments to eliminate NTBs.
  • 94% of respondents would like the EU to accelerate FTA negotiations with ASEAN and its members.
For more information, please visit our website at 
https://www.eabc-thailand.org/news/2019-eu-asean-business-sentiment-survey/

GUILLOTINE PROJECT

 
The Guillotine Project is a fast track way of reviewing laws and regulations and removing unnecessary or unwanted laws and regulations, or revising them, according to a process.
Please do submit proposals for change or removal of any laws or regulations which are about licences or permits of any kind.

Some 1,000 issues, regulations or laws are expected to processed by May 2019. The first batch of 370 of these can be viewed on the ‘Simple and Smart License’ site
www.sslicense.go.th/th/page/item/index/id/1

Image result for simple and smart licence thailand


Please do provide Stakeholder input in the way the issues are proposed to be addressed at
www.sslicense.go.th/th/page/item/index/id/1

For more information – see EABC website
 

NEWS AROUND THE WORLD

ELON MUSK VISITED CHINA AND WON A TAX BREAK FOR TESLA
HK, September 2, 2019
Elon Musk is returning from China with a tax break for his electric car company.

Chinese authorities announced on Friday that Tesla (TSLA) has won an exemption from a 10% purchase tax, which will reduce the price that customers will have to pay for a Model 3, Model S or Model X.

Thirty-four car makers were on the exemption list, which was released by the Ministry of Industry and Information Technology and State Taxation Administration. The list mainly applies to cars made by joint ventures between Chinese and foreign companies, like Daimler (DDAIF) and Toyota (TM). Tesla is the only foreign manufacturer being granted an exemption on its own.

Read more at:   

BX TO STOP SERVICES AT MONTH'S END
September 3, 2019
Bitcoin Co Ltd (bx.in.th), Thailand's largest digital asset exchange, will cease its operations at the end of this month "to focus on other business opportunities", igniting a price slump for digital assets traded on the exchange.

The price of Bitcoin traded on bx.in.th fell by 3.6% as of Monday's press time. The price of the much-touted cryptocurrency fell below 200,000 baht per bitcoin at one point, touching a low of 199,999 baht.

Read more at: 
 

ADVOCACY TOPICS


Click at icons below to see some of the works from our current 12 advocacy working groups on our website.
 
Healthcare & Pharmaceutical Digital Economy/ICT

 

DID YOU KNOW?

PORNHUB LAUNCHES ENVIRONMENTAL CAMPAIGN TARGETING THE ‘DIRTIEST BEACH
Porn, but make it philanthropic. That’s the ethos behind Pornhub Cares—the charitable arm of the pornography streaming giant—and its latest humanitarian venture: a beach clean-up campaign.

Pornhub’s “Dirtiest Porn Ever” operation is here to help clean up our disgusting beaches by producing a video in which a well-known pornstar couple has sex on a litter-covered beach. Meanwhile, cleaners in Pornhub-branded hazmats suits tidy up the rubbish.

Per Pornhub Cares, each view of the video results in an (unknown) donation to Ocean Polymers, a British recycling technology company that specializes in collecting and reprocessing plastic from the ocean and turning it into fuel. The accompanying Pornhub website also includes information on the problems of single-use plastic, and tips for sustainability.

 
Source:  

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