DEAR FRIENDS and MEMBERS of the STCC Our Country Takes Pole Position Among Non-Asian Countries

JUNE 2014 | SWISS-THAI CHAMBER OF COMMERCE | E-NEWSLETTER #47

TOP NEWS SUPPORTED BY Deutsche Bank: In Stall Speed DFDL: Here Comes the Sun Interview: Giovanni Dante Salce Swiss School: Football Friendly Matches Contribution: Kurt Wüthrich

THE SWISS AMBASSADOR’S MESSAGE DEAR FRIENDS AND MEMBERS OF THE STCC Our country takes pole position among non-Asian countries. With goods worth USD 9,2 bil- SERVICE lion in 2013, Switzerland ex- ported more to Thailand than STCC CALENDAR countries like South Korea, Sin- Tuesday, 3rd June 2014: gapore, Indonesia, Germany or Joint Event with German- India. The total volume of bi- TCC: Economic Outlook 2015; lateral trade amounted to USD 11:00 Kempinski Hotel 10,7 billion. Swiss machinery, precision instruments, watches, Tuesday, 3rd–5th June 2014: pharmaceutical and chemical Kafka Festival @ Goethe Insti- CHRISTINE SCHRANER BURGENER products remain popular here. tute; Opening Ceremony 18:00 AMBASSADOR OF SWITZERLAND TO Also, on Foreign Direct Invest- Thursday, 12th June 2014: THE KINGDOM OF THAILAND ments (FDI), Switzerland takes STCC- Stamm, AMARI Boule- an eminent position. In 2013, vard Hotel, Sukhumvit Soi 5 For once, the STCC Board asked Switzerland advanced from the Friday, 13th June 2014: me to provide an introductory 10th to the 7th rank. The 150 SwissSchool Graduation Cere- message. While Thailand is go- Swiss companies located here mony, @RIS Minburi, 10–12hrs ing through a difficult phase, do employ over 55’000 work- Thursday, 19th June 2014: finding the right words is chal- ers. The Swiss have a distinct VOLVO Truck Factory Visit with lenging. passion for Thailand – not only BeluThai Chamber, start 07:45 for economic reasons. In 2013, If I am looking back, on a 199’923 Swiss tourists visited Sunday 22nd June 2014: positive note, I would like to Thailand marking an increase SWISSRail Business Brunch in underline how well the bilat- of 4.6 percent towards 2012. Mandarin Oriental @ 13:00 eral economic ties between Thailand reciprocated its affec- Thursday, 10th July 2014: Thailand and Switzerland had tion for Switzerland by increas- STCC- Stamm, AMARI Boule- developed throughout 2013: ing the number of Thai visitors vard Hotel, Sukhumvit Soi 5 Switzerland is Thailand’s 6th to Switzerland by 27 percent More details at most important trading partner (!), amounting to 71’134 trav- www.swissthai.com on Swiss exports to Thailand. elers.

01 JUNE 2014 | SWISS-THAI CHAMBER OF COMMERCE | E-NEWSLETTER #47

STCC PRESIDENTS MESSAGE SUPPORTED BY

However, economic forecasts cannot be reduced to national for the current year have been economic interest; all human grim. Most worrying in this re- rights play a significant role. gard in my view is the fact that The history has shown that the current situation is likely successful economic and social to affect the FDI performance development is not sustainable of Thailand’s most important in a suppressed society. All hu- investors – Japan, the USA and man rights are based on prin- the UK – adding to the overall ciples of dignity and freedom. dampened investment climate. Therefore, my sincere wish for The statistics for 2014 are very Thailand is that full freedoms, likely to look different from the social equality, the rule of law ones of 2013. and a democracy that can work for all Thais can be established But I cannot talk today about as soon as possible. economic relations without expressing my concerns with Yours sincerely, regard to the actual political Christine Schraner Burgener situation. The Swiss govern- AMBASSADOR OF SWITZERLAND ment made a statementAdhesive a day TO THE KINGDOM & Sealant OF THAILAND TechnologiesTRINA after the coup, demanding the INTERNATIONAL military forces to respect the rule of law and allow the return *** to power of a democratically Contact the president: elected government. Economic Luzi A. Matzig rights and economic well-being (Lersan Misitsakul) MS Hybrid Polymer are closely interlinked with civ- President STCC il, political, social and cultural [email protected] best performing rights. International relations Tel. +66 (0) 2626 2121 window, door and facade SERVICE sealant. MEMBER DETAIL SoutheastUPDATES Asia Link Co., Ltd. Dowww.seal-ast.com you have changes among your delegatesT: 0 2732 or changes 2092 to your e-mail, mobile, telephone, or fax numbers? Please send all updates to [email protected]

02 JUNE 2014 | SWISS-THAI CHAMBER OF COMMERCE | E-NEWSLETTER #47

ECONOMY REPORT BY DEUTSCHE BANK IN STALL SPEED • Economic outlook: High fre- tend to come into play eventu- ployment or the BOP front, and quency data suggest that the ally. Prepared food price infla- auto and electronics exports, economy may well have con- tion (5.1%yoy in April vs. 3.7% along with tourism, seemed to tracted in the first quarter, in March) was the main contrib- be turning a corner, indices of which has prompted us to utor to the pick-up in CPI, but private consumption and in- revise the 2014 GDP growth we see conditions in place for vestment remained in contrac- forecast down to 2.5%. further inflation in the coming tion territory. Indeed, weak months. Weaker baht, firming growth momentum may diffuse • Main risks: The political situ- fuel prices, and concerns about some of the inflationary risks ation continues to loom large El Nino affecting food produc- later this year. as a major drag to consumption, can all contribute to in- tion and investment. The risk flation heading past 3% in the Clearly the ongoing political is things could get worse this next few months. conflict continues to weigh summer as yet another elec- heavily on expectations and tion is planned, opposition While inflation has bottomed, outlook. There is also little sup- to the timing of which has it’s not clear if the economy port from fiscal as disbursement already been vocalized by the has troughed. In its recently has lagged considerably due to opposition. published report on economic the political situation and ad- and monetary conditions, the verse judicial ruling on various The 2.45% inflation print for Bank of Thailand saw condi- public sector activities. The April (core inflation: 1.7%) was tions weakening in March vis-à- outlook for the economy relies not surprising. Inflation can re- vis February, with both external heavily on the political situ- main subdued for only so long and domestic demand subdued. ation, but there is some room even in the presence of weak Although there was little to be for optimism for the second demand as supply side factors concerned about on the em- quarter as exports and tourism

03 JUNE 2014 | SWISS-THAI CHAMBER OF COMMERCE | E-NEWSLETTER #47

ECONOMY REPORT BY DEUTSCHE BANK are likely to pick up. Q1, however, looks like a wash. Indeed, we think that Thailand’s economy likely contracted in Q1, continuing on a path of weakness that has been charted for nearly a year. The index of value-added production declined by 10.6%yoy in March, which was the twelfth con- secutive month of contraction of the series; the index of capacity utilization was down 9.8%yoy at the same period while the index of shipment was down 13.1%yoy; electricity generation was down 6.8%yoy through February.

Measures gauging consumer and investor senti- ment were also down sharply. Based on this data- flow indicating very weak domestic demand, and poor exports data through March, we estimate that the economy contracted by 1.5%yoy in Q1. Based on this, we have revised down the 2014 annual average growth forecast to 2.5%. Lower economic growth will be driven by weak consumption and investment; even trade will likely be anemic in the first half of the year.

Risk of weak growth external accounts may be mitigated though as weak exports and imports go hand-in-hand. Three key factors have driven the weak Thai economic performance, in our view. First, with the expiration of various one- off supporting measures (car buying scheme, rice

04 JUNE 2014 | SWISS-THAI CHAMBER OF COMMERCE | E-NEWSLETTER #47

ECONOMY REPORT BY DEUTSCHE BANK

pledging scheme, and post- showing signs of a turnaround. flood reconstruction), and the Note that over the past couple rise in household debt (nearly of decades Thailand’s econ- 80% of GDP), some fatigue in omy has become increasing- the economy was inevitable. ly more reliant on trade (see Second, the ongoing political chart below), with trade share uncertainty has caused delays of GDP far exceeding that of and cancellations in consump- consumption or investment. tion and investment decisions Since we remain confident of and soured external investor a pick-up in global demand, sentiments. Third, exports we still see a growth rebound have disappointed so far this despite a poor first quarter year, unlike the performance and lingering political risk. of Thailand’s peers in the region (i.e. Malaysia, the Phil- The other area of positive de- ippines, and Singapore), with velopment could be tourism. key export items such agricul- If the political situation does ture and electronics products not worsen, the still in negative growth terri- summer season could see a tory. spike in arrivals and hotel oc- cupancy, giving the economy Looking ahead, the external a rare respite. We understand sector remains a major poten- that visitor arrivals picked up tial source of support. Exports in later April and early May. could bottom with a rise in partner country demand, es- Taimur Baig, pecially China and EU. Region- Singapore, ally, auto demand is already +65 6423 8681

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05 JUNE 2014 | SWISS-THAI CHAMBER OF COMMERCE | E-NEWSLETTER #47

NEWS BY DFDL HERE COMES THE SUN Solar power is an extremely country. As expected, Thailand The current target for solar en- popular concept these days; in- has an enormous solar power ergy under the AEDP is to in- terestingly humans have been generation potential with solar crease generation, by 2021, to harnessing the power of the sun irradiance levels ranging be- 2,500 megawatts (“MW”). So- since the 7th century B.C to light tween 1700-2100 kWh/m2/year. lar power currently generates torches. Swiss scientist Horace These figures can be compared power only in the amount of de Saussure is credited as build- to Switzerland which has solar 448 MW. Presently, almost all of ing the world’s first solar collec- irradiance levels ranging from Thailand’s solar power is gener- tor, which would serve as a pre- 800 -1400 kWh/m2/year. ated by solar farms that are over cursor to solar cookers. In more one MW in capacity such as the recent years solar energy is being Thailand, since the early 2000’s Lopburi Solar Plant in central used to generate electricity us- has put forth several ambitious Thailand, with only 1% coming ing the photovoltaic process; it renewable energy promotion from industrial rooftops and/or is this method that is still used policies. The most recent being residential sources. The AEDP today to harness the energy de- the Department of Alternative understands the importance of rived from the source of all life, Energy Development and Effi- both large and small scale solar the sun. ciency’s “Alternative Energy De- generators and as such intro- velopment Plan 2012 – 2021” duced one of the key pillars of Measuring solar irradiance lev- (“AEDP”). The AEDP aims to re- its plan; the Solar Photovoltaic els (the measure of electro- duce Thailand’s dependence on (PV) Rooftop Programme. magnetic radiation produced fossil fuels by having renewable by the sun which is perceived energy provide 25% of Thai- The Solar Photovoltaic (“PV”) as sunlight) proves as an effec- land’s total energy generation Rooftop Programme is aimed tive way to determine the solar by 2021. at encouraging domestic and energy generating capacity of a commercial buildings to install

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06 JUNE 2014 | SWISS-THAI CHAMBER OF COMMERCE | E-NEWSLETTER #47

NEWS BY DFDL

PV systems on their rooftops low 3.85 KW on their residential ical situation is at ease, appli- with the intent of generating homes in Thailand for private, cations may be reopened in the electricity which can be either off-the-grid consumption may coming months. self-consumed and/or sold to do so without fulfilling any li- the government via entities censing and permit require- In regard to the relevant licens- such as the Provincial Electrici- ments. The problem arises when es and permits, on 25 March ty Authority (“PEA”) or the Met- such systems are connected to 2014 the Energy Regulato- ropolitan Electricity Authority the grid and have a generating ry Commission (“ERC”) issued (“MEA”) under the Energy Reg- capacity of in excess of 3.85 an announcement which ruled ulatory Comission’s Rules and KW. To be eligible for (i) elec- that the generation of electric- Regulations on Thailand’s Solar tricity generation in excess of ity under the Solar PV Rooftop PV Rooftop Programme. These 3.85 KW, and (ii) grid-connec- Programme did not constitute a regulations outline the vari- tion, a Factory License issued power plant factory. Since the ous rules for determining the by the Department of Industri- issuance of the announcement eligibility of participants, sale al Works and a Permit to Alter there has been an a debate be- processes and the method for Residential Buildings issued by tween which governmental au- calculating remuneration, and the Civil Works Department are thority has the power to issue mandate use of a standardized required in addition to entering such a notification, there issue Power Purchase Agreement to into a standardized power pur- has be referred to the Office of be entered into between the chase agreement. the Attorney-General so as to proposed generator and either determine which agency has the PEA or MEA. Unfortunately, since October authority to issue such an an- 2013, the MEA have stopped nouncement. One impediment to the imple- accepting applications to sell mentation of the Solar PV Roof- power generated by participa- Nevertheless solar energy de- top Programme has been the tion into the Solar Photovoltaic velopment remains an exciting quagmire of licensing and per- (PV) Rooftop Programme. Based industry which will be heavily mit requirements. Those wishing on the effectiveness of the cur- promoted by the Thai govern- to install solar panel systems rent grid connected systems ment until the AEDP targets are with generating capacities be- and subject to when the polit- met. This is facilitated by the

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07 JUNE 2014 | SWISS-THAI CHAMBER OF COMMERCE | E-NEWSLETTER #47

NEWS BY DFDL decreasing manufacturing costs it has yet to gain adequate Angus Mitchell for solar PV cell technology traction due to its relatively ([email protected]) which are making solar energy high set-up costs and a lack of an increasingly viable option for awareness among the general Kunal Sachdev smaller scale and domestic use; public. These issues have not ([email protected]) as such strong supporters and barred the Swiss Embassy from advocates of solar energy have launching its own initiatives to Matthew Christensen not been hindered by the strin- install a 150 KW solar generat- ([email protected]) gent licensing requirements for ing set-up. We understand that their future installations. Tech- several Swiss Embassies have For more information nological developments have also implemented this initiative please contact also aided in the development globally. [email protected] of solar energy as there exists a variety of solar panels available for purchase such as fold- able panels to save space, panels with higher efficiencies and panels created from semi-trans- parent organic nanotechnology. Despite the considerable potential for solar generation on a mi- cro and macro level in Thailand,

08 JUNE 2014 | SWISS-THAI CHAMBER OF COMMERCE | E-NEWSLETTER #47

MEMBER INTERVIEW GIOVANNI DANTE SALCE

Name or Alias and Christian 16 y/o, Living in Favorite destination Giovanni Dante Salce the Ekamai area in Thailand Kao Tao Beach near Hua Hin Occupation / Employer Years in Thailand M+R Forwarding (Thailand) Co., Arrived in 1999 from Jakarta, so How do you spend your Ltd. since 15 years Bangkok free time? Youth Football coach and part Languages Favorite restaurants time sausage maker… German/Italian/English/French in Thailand Enoteca Italiana Bangkok. Which book or movie would Family & Home Nicolas and his team are the you recommend to your Married to Mona mother of Luca, best. Thai: Sabai Jay Gayang, on friends and why? Marco 19 y/o, Yasmin 18 y/o Ekamai Games of Thrones by Georg R.R. Martin

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If you had the power to change something in Thailand, what would it be? Better education system on all levels

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09 JUNE 2014 | SWISS-THAI CHAMBER OF COMMERCE | E-NEWSLETTER #47

SWISS SCHOOL NEWS CULTURAL FESTIVAL NEW DELHI An illustrious delegation from the RIS Swiss Section – Deutschspra- chige Schule Bangkok travelled to the Cultural Festival of the Ger- man-speaking schools in South- east Asia from March 13th to 17th 2014.

This year’s venue for the festival was the German European School New Delhi in India with ‘‘Colours“ in yoga sessions, organised field 8th and 9th period, where they as this year’s topic. The chaper- trips as well as musical events planned and worked on the Swiss ones were Liv Lange Rohrer and there. As preparation for the trip School workshop as well as their Alex Schillig. The participants and the cultural event in New own presentation on the topic selected one workshop from the Delhi the participants attended ‘‘Colours“. All participants left ones offered which they attend- the school workshop led by Ms. New Delhi enriched by many ed on the four days in New Del- Lange Rohrer and Mr. Schillig experiences and meaningful im- hi. Furthermore, they could join on Thursday afternoons in the pressions. ALOHA SPLASH Aloha Splash is a fun event held day all students came togeth- and organized each year by our er for a wonderful lunch buffet students’ body SMV. in the music room. There was also an extraordinary snack sale On Monday May 12th, 2014, (Pausenbrotverkauf) organized the students of grades 2 - 11 by the PBV. Such a fun day at enjoyed a day with all sorts school! We are all looking for- of watery fun. The school was ward to “Aloha Splash 2015“! set up with different stations, Thanks to the hard work of the each one supervised by a dif- student council in throwing this ferent teacher in charge of a party. particular game. This gave the students a variety of wet ways Important events to get soaked and stay cool on the hot day. Of course, all the 12.06.2014 Flea Market (11:10 – 12:45) kids and teachers ended up with 13.06.2014 Graduation Ceremony pretty wet heads and clothes! 14.06.2014 Matura Ball The superb planning from the Please visit our website www.swissschoolbangkok.org student council included food and get more information about our upcoming events. as well. At the end of the school

10 JUNE 2014 | SWISS-THAI CHAMBER OF COMMERCE | E-NEWSLETTER #47

SWISS SCHOOL NEWS FOOTBALL FRIENDLY MATCHES On April, 26th RIS Swiss Sec- REMATCHES Here are the results: Berkeley tion – Deutschsprachige Schule Boys vs the Swiss U11: 2-1, hosted friendly football matches RIS Swiss Section – Deutschspra- Anglo Singapore International against three teams from Berke- chige Schule Bangkok played School vs the Swiss U11: 5-0, ley International School. the rematches against Berkeley Berkeley Girls vs the Swiss U14 International School and Anglo Girls: 1-2, Berkeley Boys vs the Enthusiasm, competition, and Singapore International School Swiss U14: 0-0, Anglo Singapore good fun were the name of the on May 17th at Berkeley Inter- International School Boys vs the day, although the longer the national School. Expectations Swiss U14 Boys: 0-3 matches lasted, the more the were high and more victories The supporters of both sides heat was starting to play a fac- were in the offing. And the three watched well played games with tor. The level of performance in teams of our school did not let lots of action, goals, and excite- all three matches was extremely the supporters down and were ment. Well done to all teams for high. successful. effort, skills and fairplay! The kids from both schools showed massive improvement and the games were extremely competitive and showed great sportsmanship and determina- tion on and off the court. The boys 11 years and under started the competition and the Swiss boys managed to win the match 2-0. The Berkeley boys 14 years and under were too strong for the Swiss team and the final score was 6-2. The girls pre- sented a great match and both teams finally scored one goal.

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11 JUNE 2014 | SWISS-THAI CHAMBER OF COMMERCE | E-NEWSLETTER #47

MEMBER NEWS SAMITIVEJ SUKHUMVIT HOSPITAL AND STCC „HEALTHY DAY EVENT“ Nine STCC members have been welcomed on Friday 16th of May at the Samitivej Hospital by Nicolas Leloup, Head of Inter- national Marketing, and some photos have been taken by Erwin and the hospital’s photograph.

The visit begun at the fitness centre of the hospital, it can be used not only by the patients but as well by the staff of the hospital – “mens sana in cor- pore sano” said the Romans! I was impressed to see such a per- fectly equipped Fitness Room Auditorium. Some delicious - Good option for a first time at a Hospital – it makes really snacks and refreshment with treatment. sense! coffee, tea and sweet drinks (but - Suitable for treatments of of course no alcohol) where of- prostate cancer at several We visited then a so called “in- fered. Later on two doctors lec- stages. telligent” hospital room. The tured about treatments against - No side effects from radio ac- patient in this room is able to prostate cancer and fatty liver tive elements. switch on the TV, to adjust and respectively drinking habits. - No surgical incision. to open or close the curtains and - Short recovery period com- so on, with remotes or an iPod. Doctor Isares Seisorn informed pared to other treatments, However the patient should be about a new possibility to cure the patients are required to skilled enough to handle all the prostate cancer. The treatment stay only 1 – 3 days at the remotes. Mr. Nicolas told us is called HIFU (High intensity hospital. that most of the hospital rooms focused ultrasound). - Immediate treatment result. will be upgraded to “intelligent” - The treatment can be repeat- rooms. If I remember well, the The advantages are evident: ed during the follow-up peri- cost for such a room is around od. 8’000 Baht per day. - Less side effects compared to - Applicable also for patients other treatments. whose condition is not ap- At about 16.00 we went to the - Highly effective compared to propriate for major surgery. 6th floor, to the Bancha Lamsam alternative treatments.

12 JUNE 2014 | SWISS-THAI CHAMBER OF COMMERCE | E-NEWSLETTER #47

MEMBER NEWS

This new treatment is not yet The second presentation body has more problems with available in all countries, the about “Social Drinking” by Dr. alcohol. Cirrhosis Livers look apparatus cannot yet be bought, Nathavut Sirimontaporn advised quite ugly, however the fat in the hospital has to rent it. This about dangers of alcohol con- the liver can be reduced with an treatment incl. a three day stay sumption. Men should not drink appropriate diet program. at the Hospital would cost be- more than 2 - 3 glasses of wine tween 400’000 – 500’000 Baht. per day (or equivalent in oth- It seemed to me that the sec- However it might be good news er kinds of drinks). Women may ond theme found a little less for men with prostate problems. drink even less, it seems their interest by the auditorium. As I know, Switzerland is in matter of consuming Alcohol number 3 in the world, after Italy and France. But of course, the consumption of alcohol in Thailand is a big issue, especially the “Lhau Khaau”; this white alcohol causes not only liver cirrhosis but as well many accidents. The slogan “mau may kap”, “do not drive when you drink alcohol”, should really be observed!

Finally, the lucky draw present- ed 2 Members with vouchers for a Liver screening at a value of 4000 Baht each.

We thank the Management of the Samitivej Hospital for wel- coming us at this event, the in- teresting presentations as well as the nice coulinary snacks and we all agreed that we would welcome an other similar event again for our members

Markus Ruprecht, Bangkok; 081 985 69 42; [email protected]

13 JUNE 2014 | SWISS-THAI CHAMBER OF COMMERCE | E-NEWSLETTER #47

14 JUNE 2014 | SWISS-THAI CHAMBER OF COMMERCE | E-NEWSLETTER #47

MEMBER CONTRIBUTION EMERGING NATIONS, BASIC SCIENCE AND NOBEL PRIZES through weekend tutoring class- es and sending them to the west, in the hope that this will produce creativity and economic success? Is western innovation and Nobel Prize winning the way to a hap- py life? Kurt Wüthrich is the right scientist to address these issues. As you find out by reading his bi- ography, http://www.nobelprize. the size of the protein structures org/nobel_prizes/chemistry/lau- solved by using Magnetic Reso- reates/2002/wuthrich-bio.html nance, shows the unconventional Luncheon Talk by Kurt Wüthrich, ways Kurt Wüthrich walks. There- 2002 Nobel prize laureate in chem- Kurt Wüthrich is a people’s man fore his luncheon presentation istry, August 7, 2014 who grew up on a farm in west- will be understandable for a gen- ern Switzerland. He went through eral audience i.e. it will be non- To expand economies and better regular Swiss education like every technical, focusing on the impact the lives of their citizens, Thai- other citizen, including many of of scientific discovery and excel- land and most emerging coun- us expatriates in the Swiss-Thai lence on daily life. It may be use- tries in Southeast Asia follow a community. In those times the ful, however, to have at least a knowledge-based strategy, where worries were more on winning basic picture of the nature of Kurt scientific research and innovation the next football game, catching Wüthrich’s achievements. play a key role. Academic perfor- a big fish from the neighboring mance and degrees have become river, rather than studying for the In the 1960’s, Magnetic Res- measuring gauges in these socie- next math exam. In short, a reg- onance has been used by few ties. Are emerging nations on the ular Swiss, whose passion for na- organic chemists to determine right track by pushing their kids ture provided the energy for hard the chemical structure of small work in scientific discovery. His organic molecules. At the time down-to-earth approach is evi- the instruments were driven by dent when he lectures about pro- vacuum tubes and one needed teins, the molecules of life which chemistry, physics and engineer- are the basis of Kurt Wüthrich’s ing backgrounds just to operate fame. Taking off his belt, which the systems. Vision, stamina and normally functions as pant holder, persistence were needed to apply to explain the folding and spiral- this technology to bio-molecules, ing of amino acids and then to at a time when the fields of biolo- remark that this belt has gotten gy and chemistry were still widely longer over time (as it does for separated. Kurt Wüthrich has ac- many of us) at the same rate as complished to use Magnetic Reso-

15 JUNE 2014 | SWISS-THAI CHAMBER OF COMMERCE | E-NEWSLETTER #47

MEMBER CONTRIBUTION

nance to determine the three-di- system. These processes are very registration details will be an- mensional structures of proteins complex, and the understanding nounced in the next newsletter. and other “molecules of life”. In of the three-dimensional struc- our daily lives we know Magnet- tures of proteins helps to gain ic Resonance as MRI (Magnetic new insights as a basis for fight- Resonance Imaging) from the ing diseases. Understanding bio- hospital’s radiology departments. chemical pathways is necessary Kurt Wüthrich has used this spe- to develop new drugs and medi- cial tool to generate pictures of cal procedures. With this in mind, proteins. This makes it possible Kurt Wüthrich has driven the field to look inside the proteins. Have of protein structure determina- we ever wondered why a head- tion with Magnetic Resonance ache disappears after swallowing over nearly 50 years. a tablet of paracetamol? There is interaction between the drug We are very excited that Kurt molecule and our body. Very like- Wüthrich has accepted the lunch- ly the drug molecule docks onto eon invitation on August 7, 2014. a protein which may then switch Friends, members, mark this date off pain signals to our sensory in your calendars. Venue and

Koh Chang

16 JUNE 2014 | SWISS-THAI CHAMBER OF COMMERCE | E-NEWSLETTER #47

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