AM Best Company, a global credit rating agency, has revised the outlook of Dhipaya Insurance Public Company Limited (TIP)
Dhipaya is the second largest non-life insurer in Thailand with a market share of approximately 9.9%, based on direct premium written in 2020.
AM Best Company, a global credit rating agency, has revised the outlook of Dhipaya Insurance Public Company Limited (TIP) from “negative” to “stable” and affirmed the Financial Strength Rating of “A-” (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent).
Although the insurance industry has been adversely affected by weakened macroeconomic conditions and operational challenges in the light of the COVID-19 pandemic, TIP has achieved a track record of outstanding performance with impressive growth of premiums and profits that has significantly outperformed the industry benchmarks.
AM Best Company, a global credit rating agency, has revised the outlook of Dhipaya Insurance Public Company Limited (TIP)
“Dhipaya is the second largest non-life insurer in Thailand with a market share of approximately 9.9%, based on direct premium written in 2020. The company is viewed by AM Best to have a dominant position in several domestic segments, including for fire, industrial-all-risk and personal accident business. The company’s business profile also benefits from a level of shareholder support, including for business referrals and access to extensive country-wide distribution networks”
In addition to sustainable performance, the favourable credit rating revision has been underpinned by its solid risk-adjusted capitalisation and prudent enterprise risk management.
“The revision of the outlooks to stable reflects AM Best’s increased comfort level over the company’s ability to navigate the ongoing challenging operating environment driven by the COVID-19 pandemic”
Thai Vietjet unveils the second half of the year’s plan
Ready for international services and revitalize domestic tourism
Thai Vietjet reveals its operational plan in the second half of 2021, preparing for international routes resumption & expansion, and encouraging the revival of tourism in Thailand together with both government and private agencies as well as accelerating the development of service improvements in all aspects to provide the best experience to passengers.
“During the COVID-19 pandemic since the first round in 2019, Thai Vietjet has never stopped flying. We have also expanded to 6 new domestic routes in 2019, marking the airline’s growth amid the crisis. In the past, we have reduced and increased flights accordingly for the situation to meet the travel passenger’s needs and the measures of each province. Now, it is showing good signs as the number of vaccinated populations continually increases and more people start traveling again. We have also launched a campaign to encourage passengers to get vaccinated to build their immunity and protect their health, and lighten the duties of medical staff. We are giving special privileges of ‘Free Seat Selection’ to passengers who have completed 2 Covid-19 vaccinations. Moreover, most importantly, we are committed to providing services with the highest safety by strictly performing aircraft disinfection daily throughout its fleet in compliance with Thai Ministry of Public Health to ensure the health and safety of passengers” said Mr. Woranate Laprabang, Chief Executive Officer of Thai Vietjet.
In early June 2021, Thai Vietjet successfully hosted ‘Vietjet Sky Career Festival 2021’ during June 7 – 9, 2021. This year, the event was held virtually via live streaming on our Facebook fan page ‘Vietjet (TH)’. The event was held annually since 2018 to provide participants with an opportunity to explore a career in the aviation industry, learning from aviation specialists, participating in online job recruitment, developing a personal career path, and getting a chance to win free air tickets daily. The event has reached over 100,000 online views, and more than 3,000 potential candidates applied to be a part of the airline in various job functions, such as pilot, flight attendant, ground operation, engineer, and more to support our fleet expansion plans in the second half of this year. Mr. Woranate Laprabang added “In the past, Thai Vietjet has never had any staff layoffs. On the other hand, our employment rate has grown around 20-25%. In 2019, we had about 650 employees, and now we have over 800 employees already. We are now recruiting the 17th batch of Thai Vietjet Cabin Crew to support our fleet expansion which we plan to receive 7 new aircraft by the end of the year 2021. For this month, we have also increased the flight frequency on our domestic routes continuously to support higher travel needs.”
Thai Vietjet unveils the second half of the year’s plan
Customers Experience Enhancement:
Having the idea of ‘customer-centric, Thai Vietjet continues to enrich customers’ experiences with many digital movements implemented. The airline has introduced theb‘Amy’ chatbot, which went live with friendly artificial intelligence software that can interact with passengers instantly through the airline’s contact channels, including Line Official, Facebook Messager, and Skyfun Website. The next 3 following phases with further developed and integrated functions will be launched later this year. At the current phase, the newly launched chatbot can answer general inquiries from passengers, FAQs and connect to the airline’s live chat service. The service aims to further enhance passenger experience and increase their satisfaction towards the airline’s service quality.
To support passengers during COVID-19 escalation, the airline also introduced the ‘Booking Self-management’ function on its website to assist passengers in booking management. Moreover, the airline has announced the service recovery policy to support affected passengers during the outbreak of the pandemic. The airline also expanded the call center sector and added more possible contact channels to support all passengers with its best services.
The Launch of E-commerce Platform and Loyalty Program:
To further enhancing its passengers’ purchasing experience, the airline shall soon introduce its e-commerce platform ‘Sky Shop’ at skyshop.skyfun.biz.
During the first phase, customers will be able to have a multi-choice shopping experience with the airline’s in-flight souvenir, hotel voucher, travel insurance, non-life insurance, Covid 19 test package, and other transportation services with a special offer via the ‘Sky Shop’ website. In the future, the airline hopes to expand the platform into a widely utilized e-commerce platform that offers customers a wide range of products from several partners and suppliers, not just the airline’s products and services.
Customer experience is one of Thai Vietjet’s top priorities, and the new e-commerce platform will contribute to completing the airline’s customer experience chain with the idea of “customer-centric”, bringing satisfaction to the customer not only the moment they start planning to fly, but also at the end of the journey, and beyond.
And that has led to another phase to uplift the customers’ satisfaction development, with the introduction of Thai Vietjet’s loyalty program called ‘SkyFUN Loyalty’.
The SkyFUNNER is Thai Vietjet’s official loyalty program. As a SkyFUNNER, passengers will enjoy many prestigious benefits from the airline itself and its travel partners, regardless of where they fly to. Once become a SkyFUNNER, passengers can earn ‘coins’ throughout various activities, for instance, booking tickets, completing check-in, and chatting with the airline’s chatbot ‘Amy’. Passengers then can use the coin to redeem attractive benefits and privileges to enhance their journey with the airline. The SkyFUNNER loyalty program is currently under extensive development and the airline expects to announce the official launch of the program by the second half of the year.
Baker McKenzie has appointed Thinawat Bukhamana as the Managing Partner of its Bangkok office
Thinawat Bukhamana has been appointed as the Managing Partner of our Thailand office, effective 1 July 2021.
Baker McKenzie has appointed Thinawat Bukhamana as the Managing Partner of its Bangkok office, effective 1 July 2021, taking over the position from Wynn Pakdeejit. A renowned lawyer in the Firm’s Banking & Finance practice group with over 30 years of experience, Thinawat will serve a second term as Managing Partner after previously holding the position from 2014-2017.
As head of the Banking & Finance practice group, Thinawat is highly recognized for providing clients with innovative and ground-breaking solutions.
Thinawat received his LL.B. from Chulalongkorn University and his LL.M. from Southern Methodist University. Additionally, Thinawat received his Executive Program Certificate from the Kellogg Program at Northwestern University. He is also regularly featured and recognized as a leading lawyer in leading legal directories such as Chambers Asia Pacific, The Legal 500, and IFLR1000. He also serves as a visiting lecturer at Chulalongkorn University in Bangkok. Thinawat is also a member of the Asia Pacific Regional Council for Baker McKenzie.
KING POWER GROUP joins tourism boosting PHUKET SANDBOX campaign
King Power Group, in supporting the Tourism Authority of Thailand (TAT), joins the tourism boosting PHUKET SANDBOX initiative by offering incoming tourists countless exciting benefits from the group’s businesses and services.
Accentuating the “Vaccinated & Hygienic” slogan, King Power never ceases to surprise the world as a global leader in the travel and retail business whose “new normal” travelling ethos is set to assure travellers’ confidence.
On the occasion of King Power’s participation in the Phuket Sandbox campaign on July 1, 2021, Apichet Srivaddhanaprabha, assistant chief operating officer of King Power Group, commented that “King Power Group is ready to help boost the country’s economy which has faced a setback due to the Covid-19 situation by focusing on tourism as a key strategy, as we can see in the launch of PHUKET SANDBOX project. King Power, as a private company, is already participating in several national-level campaigns to promote Thai tourism, such as the “Thailand smiles with you” project which emphasises the unique Thai smile as a significant “welcome to Thailand” reference in the mind of tourists. Our latest contribution is the participation in the tourism-boosting “Phuket is now open” campaign which is organised under the “Amazing Thailand, Now even more Amazing” concept. This campaign makes use of sport to attract tourism – Sport tourism – through three football players of Leicester City FC, this year’s FA Cup champions. They appear in the promotional video “Amazing Moments in Phuket” which will be broadcast in foreign media as an initiative to attract targeted travellers to visit Phuket as part of the PHUKET SANDBOX project.
For the reopening of Phuket’s door to tourists, King Power, as a global leader in the travel and retail business in Phuket, joins the government’s PHUKET SANDBOX campaign and stresses its role as the key player in the business.
The new measure “SAFETY SHOPPING at King Power Phuket” is here to ensure that travellers who pass the COVID-19 screening protocol at Phuket International Airport will shop with confidence at King Power retail stores and services in the terminal, since we strictly follow the KING POWER CARE POWER hygiene measures and practise D-M-H-T-T (Distancing, Mask-wearing, Hand-washing, Testing temperature, and ThaiChana tracing app).
Staff members on duty are fully vaccinated according to the tourist service protocol, and are trained to strictly follow virus-prevention measures.
King Power Phuket’s downtown store is also ready to serve with confidence under the SHA-plus public health measure according to Phuket City administration and Tourism Authority of Thailand. Our downtown staff members are also fully vaccinated. Strict hygienic measures are carried out in all service areas.
Under the campaign “KING POWER PHUKET SANDBOX: Shop Eat Play Stay Safe”, we aim to stimulate tourists’ spending by offering promotional benefits in all our businesses and services in order to accentuate the image of Thailand as the ultimate shopping and dining paradise.
The campaign pampers tourists with discounts and exclusive premium offers in all King Power stores, accommodation, restaurants and attractions and includes:
• 1,000 baht discount coupon for the purchase of selected duty free products of which the net price is 3,000 baht or more, and 500 baht-discount for the purchase of selected souvenirs of which the net price is 1,500 baht or more. This promotion is available at King Power tax free shop, Phuket International Airport.
• 2,000 baht discount for the purchase of selected products and minimum spending of 6,000 baht at King Power duty free shop, Phuket.
• 1,000 baht discount coupon for the purchase of selected duty free products of which the net price is 3,000 baht or more, and 20% discount when purchasing home delivery products of which the net price is 3,000 baht or more on King Power website and King Power application.
• Exclusive discount for Mahanakhon Skywalk entrance ticket. Weekday price (Monday to Friday) is reduced from 530 baht to the special offer price of 371 baht. Weekend price (Saturday and Sunday) of 880 baht is cut down to 616 baht only.
• Special 4-day-and-3-night accommodation package at Pullman King Power Bangkok; only 5,100 baht for the Deluxe Room Package; 8,100 baht for the Executive Room Package; and 9,600 baht for the Suite Room Package.
• 50% special discount per dish at Ramayana restaurant King Power Phuket, or 50% discount when purchasing a 500-baht cash card at Thai Taste Hub, King Power Rangnam and Mahanakhon Cube.
Moreover, from Monday to Friday throughout July at King Power Phuket, Thai national tourists are offered a 2,000 baht discount for 6,000-baht minimum spending on selected products.
Plus, only on Saturday and Sunday, two discount coupons valued at 22,000 baht and one 4,000-baht discount coupon are on offer for the purchase of cosmetics and perfumes with spending of 6,000 to 11,000 baht.
King Power Phuket and King Power Group are now ready and delighted to join the government’s initiative in welcoming tourists to the island under the PHUKET SANDBOX campaign.
We are confident in our safety measures adopted across all services, especially our stores that are now following the SAFETY SHOPPING at King Power policy, and the King Power Care Power hygiene guidelines which operate under the standard D-M-H-T-T practices issued by the state in order to prevent the spread of COVID-19 now and in the future.
KING POWER GROUP joins tourism boosting PHUKET SANDBOX campaign
BTS Group jointly establishes the Carbon Markets Club, promoting carbon credit trading to help reduce greenhouse gases towards a Net Zero society
BTS Group Holdings Public Company Limited, along with 10 organisations, jointly established “the Carbon Markets Club”. A first for Thailand, the club supports carbon credit and Renewable Energy Certificate (REC) trading to reduce greenhouse gases towards a Net Zero society.
The online MOU signing ceremony among the Club’s eleven founding members brings together leading Thai organisations who have committed to reducing the effects of carbon emissions through carbon trading. The founding member organisations are: BTS Group Holdings Public Company Limited, Bangchak Corporation Public Company Limited, Electricity Generating Authority of Thailand (EGAT), BCPG Public Company Limited, BBGI Public Company Limited, Charoen Pokphand Group Company Limited, Shell Company of Thailand, KASIKORNBANK Public Company Limited, Bank of Ayudhya Public Company Limited, Tetra Pak (Thailand) Company Limited, and Bangkok Industrial Gas Company Limited.
BTS Group jointly establishes the Carbon Markets Club, promoting carbon credit trading to help reduce greenhouse gases towards a Net Zero societyMr. Daniel Ross, Chief Investment Officer and Head of the Sustainability Department of BTS Group, stated that “the effects of climate change have brought together many countries to limit the increase of the global average temperature to no more than 1.5 – 2 ºC according to the Paris Agreement. The transition from use of fossil fuels to green or renewable energy sources is the most important action needed to help tackle this issue, yet they are not happening fast enough. While the development of green innovation or technology still requires more resources, financial or otherwise, from both the private sector and government, BTS Group agrees that carbon trading can be an important interim step to help remediate this issue. The establishment of the Carbon Markets Club today will help us prepare for challenges and new kinds of trade opportunities.”
Mr. Ross also mentioned that “we, at BTS Group, are conscious of the effects of climate change on global warming. This urgently needs to be addressed in order to achieve tangible results as soon as possible. BTS Group embraces UN SDG 13: Climate Action as one of our core missions, which also includes policies that will help us decarbonise the transportation sector in Thailand.”
The founding members of the Carbon Markets Club have committed to support, raise awareness, and promote carbon credit trading through both the Thailand Voluntary Emissions Reduction Programme (T-VER) run by the Thailand Greenhouse Gas Management Organisation (TGO) and the REC scheme run by EGAT. They have set out to develop the current over-the-counter mode of trade into a digital platform that is convenient, supports e-registration with registration and accreditation agencies, promotes e-carbon trading, and integrates Blockchain trading technology.
In addition, the Club was congratulated by executives from the Stock Exchange of Thailand (SET), The Federation of Thai Industries (FTI) and the TGO, who will help support the future participation and growth of the network to include listed companies and companies in the Federation of Thai Industries from numerous sectors.
Scoot’s First A321neo Aircraft Takes Flight to Bangkok
Scoot’s brand new A321neo aircraft offers additional capacity and range, unlocking new network growth possibilities for Scoot while enabling us to elevate the passenger experience for Thai customers
Scoot, the low-cost arm of Singapore Airlines, today welcomed the entry into service of its new single-aisle Airbus A321neo aircraft, as it made its inaugural flight from Singapore to Bangkok Suvarnabhumi as TR610.
TR610 departed Singapore at 1524hrs on 28 June 2021 and arrived in Bangkok at 1639hrs the same day, all times local. The return flight TR611 departed Bangkok at 1733hrs on 28 June 2021 and arrive in Singapore at 2129hrs the same day, all times local.
Subsequently in August, Scoot will deploy the A321neo on its Singapore-Cebu and Singapore-Ho Chi Minh City routes. Scoot’s A321neo aircraft feature 236 seats in a single-class, 3-3 configuration.
Benefits of the A321neo
Scoot’s A321neo aircraft has a range of up to 2,620 nautical miles (nm), or 4,852 km, approximately 270nm farther than the A320neo. This allows Scoot to deploy the A321neo aircraft on short to medium-haul routes with up to six hours of flight time compared to the older-generation A320 aircraft’s four-to-five hours, thereby opening up more options for new destinations.
With a larger passenger capacity of 236 seats, 50 more than the A320neo, and more fuel-efficient engines, the single-class A321neo will allow Scoot to improve its operating economics and unit costs. It will also enable Scoot to optimise its fleet utilisation to better match capacity to demand.
For instance, it can be deployed in place of the A320 during popular seasons, days of week or flight tranches, or substitute Scoot’s larger Boeing 787 aircraft in pockets of softer demand. It can also be deployed to complement some Boeing 787 routes to enable higher and more customer-convenient frequency.
The new A321neo aircraft also underscore Scoot’s commitment to offering customers a more comfortable and improved travel experience, through features such as premium black leather seats, amply-sized overhead compartment bins, ambient lighting technologies that reduce jetlag, improved air quality, and reduced noise emissions.
In the long term, the A321neo will enable Scoot to achieve more sustainable operations and reduce carbon emissions with its enhanced sharklets and fuel-efficient Pratt & Whitney PW1100G-JM engines. Based on pre-COVID levels of operations, there is an estimated 50% reduction in noise footprint and nitrogen oxide emissions, as well as a reduction of 5,000 tonnes less carbon dioxide per year per aircraft.
Campbell Wilson, Scoot’s CEO, said, “Scoot’s brand new A321neo aircraft offers additional capacity and range, unlocking new network growth possibilities for Scoot while enabling us to elevate the passenger experience for Thai customers in a commercially viable manner. Investing in new-generation aircraft and operating a young, fuel-efficient fleet is a cornerstone of Scoot’s strategy to achieve net zero carbon emissions by 2050. Combined with our recent achievement as the world’s first and only low-cost carrier to attain the highest Diamond status in the APEX Health Safety powered by SimpliFlying global audit of airlines, Scoot is on a firm footing to recover and re-establish ourselves as the low-cost carrier of choice in the region for post-pandemic travel.”
Anand Stanley, President Airbus Asia-Pacific said, “The arrival of the A321neo at Scoot marks another milestone in the close relationship we share with the Singapore Airlines Group. With the A321neo, Scoot will be able to increase capacity and open new routes across the Asian region. The aircraft will bring new levels of efficiency with significantly reduced fuel consumption, as well as lower emissions. We are confident that the A321neo will position Scoot well for the recovery in air travel. See you onboard soon!”
Scoot fleet
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To date, Scoot has taken delivery of three A321neo aircraft, leased from BOC Aviation, out of a firm order of 16. Of the 16, six are an upsize from Scoot’s original A320neo orders and ten are leased. Since the start of the previous financial year 2020/2021, five A320ceo aircraft had left Scoot’s operating fleet as part of an ongoing fleet renewal plan.
Scoot now has 29 single-aisle aircraft in its operating fleet – 21 A320ceo, five A320neo, and three A321neo, with 28 A320neo and 13 A321neo remaining on order. These are in addition to 20 widebody Boeing 787 aircraft in its fleet, with seven remaining on order. The average age of Scoot’s fleet is now five years and 10 months.
Scoot’s Thailand services
Currently, Scoot is operating 11-times-weekly services between Singapore and Bangkok (Suvarnabhumi). Due to the pandemic, Scoot is resuming its services in a safe and calibrated manner. Scoot plans to resume its other Thailand services – Singapore-Chiang Mai; Singapore-Hat Yai; Singapore-Krabi; and Singapore-Bangkok-Tokyo – in due time when the time and conditions are right.
Almost 9M cryptominers prevented in SEA SMBs in 2020
more than phishing, ransomware combined, Unusually high office electricity bill despite remote work? Maybe there’s a miner
In Southeast Asia, cryptomining is the highest in terms of attempted attacks blocked by Kaspersky at 8,926,117 in 2020. Detected phishing attempts were at 2,890,825 while ransomware attempts were at 804,513 last year.
Malicious cryptocurrency malware used in cryptomining is being used by cybercriminals to use hardware they don’t own such as smartphones, computers, tablets, and servers. They then harness the processing power of these devices to mine for cryptocurrencies such as Bitcoin, the prices of which have been skyrocketing.
So if you’re a business owner and your staff are working remotely because of the pandemic yet you find your office power bill unusually high, check your IT backend. There may be cryptominers using your business resources, at your expense.
In Kaspersky’s recent 2020 SMB Threat Report, cryptomining attempts were monitored to have been reduced to 8,926,117 in 2020 from a massive 13, 247,796 detections in 2019.
“We have seen a decrease in miner attacks around the world and the same trend applies to SEA, too. The main factor behind the decreasing number of attacks is the cost of cryptocurrencies which has been declining over the past three years and only recently began to rise sharply in price again,” says Evgeny Lopatin, Malware Analyst Team Lead at Kaspersky.
Kaspersky is advising business owners not to keep their guards down.
“SMBs normally have a relaxed attitude towards information security and so the main damage from cryptomining is expected to be felt by this sector. Cryptocurrencies continue to attract investor and user attention due to the continued spike in its prices so we really caution SMBs not to underestimate the possibility that cryptomining will remain to be a serious cyberthreat. After all, cybercriminals have long realized that infecting servers is more profitable than mining on home users’ computers so SMBs should take this silent threat seriously,” says Yeo Siang Tiong, General Manager for Southeast Asia at Kaspersky.
In the region, most of the monitored cryptomining attempts prevented by Kaspersky were observed in Indonesia and Vietnam for two consecutive years, accounting for almost 71% in 2020 and 80% in 2019 of all attempted incidents in SEA.
Almost 9M cryptominers prevented in SEA SMBs in 2020
Unlike ransomware attacks which tend to be more frightening and require to be dealt with quickly, cryptominers flourish the longer they are hidden and use this stealth in the long-term to profit from the exploit.
Some tell-tale signs that personal devices are being used illegally by cryptominers include system response slowing down due to the workload strain, increase in power consumption that result in batteries depleting at a faster pace or electricity bills skyrocketing, and a more significant data usage.
Almost 9M cryptominers prevented in SEA SMBs in 2020
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If businesses suspect their systems being accessed by cryptominers, Kaspersky has a few tips to ensure the safety of their assets and devices:
● Keep operating systems and software fresh and regularly updated.
● Avoid clicking email links and attachments from unverified and untrusted sources.
● Practice caution when installing software from the web since cryptominers are known to embed malware in them.
● Take advantage of a strong security solution that businesses with limited cybersecurity expertise and resources could use like Kaspersky Endpoint Detection and Response Optimum (KEDRO). KEDRO is actually an efficient way for SMEs to reduce costs while saving on protection as it complements protection for endpoints such as mobile phones, tablets, and laptops connected to the company network.
● Carry out regular security audits of your corporate network. And you should not forget about less-obvious targets, such as queue-management systems, POS terminals, and vending machines. Once infected, an army of those devices can bring much profit to criminals.
Twitter Reveals 4 Key Conversation Themes in Thailand
Twitter research found four unique cultural themes on Twitter in Thailand and uncovered 10 conversational topics that shape them
Twitter is where people connect and converse. It’s where communities are formed and people engage in conversations. Thais come to Twitter to find out #WhatsHappening, connect with others, and join in conversations on a diverse range of topics. From entertainment to sports, TV to movies, beauty to current affairs; people are finding out and sharing the latest updates about these topics, and much more, on Twitter.
Conversations are at the heart of Twitter and a single Tweet can have a wide-ranging impact. Twitter took a deep dive into over 64,000 Tweets in Thailand to find out more about the power of Tweets and how Thais shape their own unique culture through conversations and communities.
Speaking of this recent research, Martyn U’ren, Head of Research APAC & Global Export – Twitter, said, “From the outset, our aim was to get an accurate view of conversations on Thai Twitter. While some conversations are louder than others, what we found was that Thai conversations are diverse and vibrant. The research has shown an interesting layering of conversational topics that form four key cultural themes. What does this mean? Our findings will help Thais to better understand the diverse communities on Twitter while providing Thai and international brands with unique insights into conversational themes and topics on Twitter in Thailand.”
This research found four unique cultural themes on Twitter in Thailand and uncovered 10 clear conversational topics that shape them. It uncovered that Thais on Twitter are a manifestation of Thai culture and that people showed a huge span of affinities in conversations, and that diversity is the norm.
1. Personal Musings – Everyday Chatter, Love and Relationships, Self-Reflection
This is the largest space comprising 45% of the total conversation volume on Twitter in Thailand and it’s where people engage in everyday chatter – sharing their daily routine, commute and the mundane in their lives. It’s also a safe space for people to pour out their hearts and Tweet about love and relationships – their lack of, desire for, and moments with their significant others.
Thais tend to also share their daily pain points in moments of self-reflection. This might literally be small physical aches and pains like a minor headache or fatigue, though Thais also like to comment on the weather – the unbearable heat during the hot season and their desire for the rainy season to arrive.
Twitter Reveals 4 Key Conversation Themes in Thailand
2. Community and Connection – Current Affairs, Passions, Local Marketplace
Twitter is an essential part of Thais’ lives and research found that the community and connection space accounted for 35% of total conversational volume. Actively using Twitter to stay connected with their communities as well as keep themselves updated with #WhatsHappening around them, Thais Tweet regularly about current affairs; from COVID updates to cryptocurrency to local or regional politics.
Whether it’s music, sports, food or shopping; Thais also like to share their passions on Twitter. From beauty to food to restaurants and the latest fashion, Thais actively review products they’ve bought and places they’ve been. For entrepreneurs, Twitter is the place to sell their wares. From home cooked food and confectionery to clothing, fan merchandise and crafts; Thais have made Twitter their local marketplace where they showcase their creativity and products they’ve made for sale.
Twitter Reveals 4 Key Conversation Themes in Thailand
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3. Beauty and Wonder – Curated Aesthetics, Celebrity and Fandom, Hopes and Dreams
Accounting for 16% of conversational volume, this space sees Thais on Twitter sharing Tweets about common interests that people can marvel at. Using curated aesthetics like a photo album or digital scrapbook, people like to share places or items of beauty. Visual Tweets of everyday scenes such as cafes, beautiful homes, nature, beaches and more are common. Celebrity and fandom is another popular conversation in this space and comes alive on Twitter. From K-Pop, in particular Thai stars such as BamBam (@BamBam1A) from GOT7 (@GOT7Official) and #Lisa from BLACKPINKOFFICIAL (@BLACKPINK), to local artists such as Peck Palit (@peckpalit) and 4EVE (@4eveOfficial), and celebrities, Thais are avid fans of everything celebrity.
While the pandemic brought struggles for some, Twitter also saw hopes and dreams emerge as a key theme with people Tweeting their travel nostalgia and engaging with others by asking “Where would you travel after COVID?”
Twitter Reveals 4 Key Conversation Themes in Thailand
4. Betterment and Aspiration – Podium for Celebration, Inspirational and Uplifting
With 4% of the total conversational volume; conversations here are centered around motivations and inspiration, with people expressing their best selves. As a podium for celebration, Thais on Twitter proudly share their joy and celebrations – from graduation, good grades, birthdays, to anniversaries and more.
Thais are also generous with uplifting each other and Tweets in this space are inspirational and uplifting. Twitter is like a support network where people encourage each other through tough times – Tweets are often general, not aimed at any specific person, but for the community at large, in the event somebody needs the support.
Twitter Reveals 4 Key Conversation Themes in Thailand
Keep up-to-date with the latest happenings on Thai Twitter by following @TwitterThailand.
Dow supports over THB 4 million To help Thailand fight against the new wave of COVID-19
“Dow support Thailand to fight against COVID-19” campaign during the new wave of outbreaks, Dow Thailand Group has continuously provided essential resources, including Dows products, protective equipment, and relief bags in a total value of more than THB 4 million, to government agencies, hospitals, and communities where the company operates.
Since the new wave of COVID-19 in 2021, Dow and Solvay have donated more than 100,000 liters of hydrogen peroxide (H2O2) – a product of MTP HP JV Company, a joint venture between Dow and Solvay in Thailand – to Bangkok and Rayong (in addition to over 15 million liters which was already given in 2020) to disinfect public areas. The H2O2 disinfectant is environmentally benign as it is non-corrosive, colorless, and decomposes to oxygen and water without harmful chemicals left after use.
Dow has provided in-need medical and protective equipment to hospitals and COVID-19 screening centers. The effort includes a donation of powered air-purifying respirators (PAPRs) to Rayong hospital, a fund-raising campaign together with employees to support Siriraj Foundation in purchasing the oxygen high-flow devices which increases the COVID-19 patients’ chance of survival. Dow has also supported protective equipment, such as hand sanitizer gel and spray, foot pedal alcohol dispensers, face masks, food, and drinking water to frontline healthcare workers and officials in Rayong, an industrial and tourist destination with a large number of people living.
Dow supports over THB 4 million To help Thailand fight against the new wave of COVID-19
Caring for the health and well-being of local people and youth, Dow has delivered hundreds of sets of COVID-19 protective equipment consisting of alcohol gel, disinfectant soap, and cloth masks to nearby communities. Moreover, relief bags containing rice, dry food, and other daily necessities have been distributed to communities in the Klong Toey area, Bangkok, and Rayong.
“With the latest wave of COVID-19 impacting our country, Dow is committed to protecting the health and safety of our employees and communities while deploying our business solutions where they are needed most. Dow’s employees are also encouraged to be a part of the support. We continuously sending immediate support to organizations directly addressing the COVID-19 crisis and working to protect the resiliency of local communities,” said Chatchai Luanpolcharoenchai, Dow Thailand President.
Watch the video of Dow Thailand’s donations worth more than THB 4 million at:
Knight Frank Thailand Indicates Foreigners Remain Interested in Real Estate in Phuket
Given the current situation in Phuket, we, the people who work and live in the province, have started to receive vaccinations. Over 75 percent of such people have received the Covid-19 vaccine.
Mr. Nattha Kahapana, Deputy Managing Director and Head of Phuket Operation, Knight Frank Thailand, said that, as everyone well knows, the Covid-19 outbreak affected all sectors, including the real estate market in Phuket and Samui, which has slowed down considerably as foreigners cannot travel to the country. The proportion of purchasing power from foreigners is 80 to 90 percent, and only around 10 percent from Thai buyers.
In 2020, the total condominium supply was 26,096 units, demand stood at 19,761 units, and 6,335 units remained. Meanwhile, the total supply of villas was 3,871 units and 3,056 units were bought and sold, which represents a relatively high percentage as villas are generally constructed only when a buyer has reserved one; as a result, the villa market has not been as heavily impacted as the condominium market. Also, selling prices have been lowered to attract both Thai and foreign buyers as well as investors. By focusing mainly on online sales channels, the lowered selling price makes it easier for buyers to make their purchasing decisions.
The Covid-19 situation appeared to have improved during the beginning of 2021, but new outbreaks occurred in April. This new wave is considered to be the third wave of the epidemic, which may affect plans to open the country where Phuket has been designated as a pilot province without quarantine. Most recently, the government announced plans to open Phuket to inbound tourists under the Phuket Sandbox scheme on 1 July. Tourists must meet the following criteria:
1. Foreigners must be fully vaccinated at least 14 days before the travel date, and they must have a certificate of vaccination.
2. Travelers must be from a low risk country only; in the case of children under 6 years old, they must be accompanied by a parent who has been fully vaccinated.
3. Tourists must have medical documents confirming that they tested for Covid-19 and have found no infection no more than 72 hours before departure.
4. Upon their arrival in Phuket, tourists must be tested again and they must wait for the test results in their accommodations until negative test results are found. Only then can they be allowed to travel within Phuket. Also, after a 14-day stay, they are allowed to travel to other provinces.
Given the current situation in Phuket, we, the people who work and live in the province, have started to receive vaccinations. Over 75 percent of such people have received the Covid-19 vaccine. This gives confidence to both people in the country as well as to foreigners who wish to enter the province. When foreign tourists are allowed to travel to Phuket, it will greatly increase sales opportunities for the real estate sector. We are confident that the situation will gradually improve and the real estate market in Phuket and Samui will become vibrant again. From the information we received, there are 28 countries that want to travel to Phuket, such as China, England, Germany, Singapore, Russia, etc.
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Although in the beginning, those who come in will be a group that focuses on tourism and leisure, they are still considered to be a good sign for recovery. Before the Covid-19 crisis, this group comes from countries whose citizens tended to buy properties in Phuket as second homes rather than for investment purposes. They view Thailand as a safe place with a moderate cost of living and good healthcare system.
In addition, there is news of a policy to stimulate real estate when the country is opened; this includes the expansion of foreign condominium quotas by more than 49 percent, allowing foreigners to have ownership of houses, and extending leasing rights for more than 30 years. If these measures take place, they will help drive the real estate market enormously, to make up for the slowdown in the business during Covid. Thai investors continue to slow their investments in real estate as they are waiting for the country to open to foreigners.
We believe that real estate in Phuket and Samui will recover before other provinces, as most people in Phuket have been vaccinated against Covid. This includes employees of Knight Frank Phuket. We are ready to serve investors and those who wish to purchase real estate in Phuket and Samui as soon as Phuket is open to foreign tourists.