Energy Absolute collaborates with Computer Forms (Malaysia) Berhad for mass transportation development

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Energy Absolute collaborates with Computer Forms (Malaysia) Berhad for mass transportation development

Energy Absolute collaborates with Computer Forms (Malaysia) Berhad for mass transportation development

TUESDAY, SEPTEMBER 27, 2022

THE NATION

EA Mobility Holding, a subsidiary company of Energy Absolute, has collaborated with Computer Forms (Malaysia) Berhad (CFM) to sign the contract of HOA (Head of Agreement) for developing Malaysia to become a zero carbon emission society to improve the quality of life for Malaysians. This change could implement electric transportation within the urban area for less greenhouse gas emission.

On September 26, the Head of Agreement was established between Datuk Wira Justin Lim Hwa Tat, Board of directors, Computer Forms (Malaysia) Berhad (CFM) and Mr Somphote Ahunai, Chief Executive Officer, Energy Absolute, who attended the ceremony. The purpose of this agreement is to establish the Joint Venture to invest in the electric vehicles business and the Ecosystem of electric vehicles completely in Malaysia.

Currently, Malaysia has a policy to decrease the consumption of fossil fuels and encourage the use of electric vehicles by up to 37% following the policy within 2022-2040. Furthermore, Joining COP26 from Malaysia’s government for responding to the national policy to become a zero carbon emission society. There is the main reason for the Joint Venture to develop a fully electric transportation system. CFM is interested in the performance and potential of Energy Absolute becomes the leader in the Clean Energy business and Electric vehicles in Thailand through their variety of products that have zero carbon emission. There are many types of businesses Developing and producing batteries, producing electric vehicles such as Electric buses, Electric Ferries and charging station providers. The charging station has a high technology named Ultra Fast Charge that could speed up the electric charge to 80% within 15-20 minutes.

Mr Somphote Ahunai, CEO, Energy Absolute, said that it is so honourable to establish the Joint Venture with CFM for developing mass transportation. This step could be one of the significant moments for EA that the company’s technology named Ultra-fast charge is accepted, and the organizational innovation is developed and produced in Thailand. Expanding the business to Malaysia can establish Joint Venture and develop products shortly that could expand the market in the Asia Pacific region and global market.

In the first phase, CFM will support the Joint Venture to explore the Electric vehicle market and Electric Charge Station in Malaysia. There is the signing of the Head of Agreement about trading electric bus 200 buses to Gemilang International Limited (GML) also installation Ultra Fast Charing station that can charge 15-20 minutes. This system is suitable for mass transportation because it’s not required to take a long time to charge.

The second phase will cover expanding the transportation market in Malaysia through EA’s products including Electric buses, Electric ferries and Electric trucks and also establishing a factory to produce many types of products in Malaysia.

This collaboration could be beneficial to both companies and could improve mass transportation in urban area to produce less pollution and reduce greenhouse gas emission. The Joint Venture from EMH and CFM would be the great opportunity for improving electric mass transportation by international collaboration. Lastly, it could encourage the consumption of clean energy and be a significant production base of electric vehicles shortly.

THE NATION

GQ Smart T-Shirt – maximum comfort, effortless washing

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GQ Smart T-Shirt – maximum comfort, effortless washing

GQ Smart T-Shirt – maximum comfort, effortless washing

TUESDAY, SEPTEMBER 27, 2022

THE NATION

Introducing the GQ Smart T-Shirt, a T-shirt with the latest innovations for your maximum comfort that is also easy to clean.

GQ Smart T-Shirt makes your life easier and is suitable for all activities. GQ Air and GQ Stretch innovations eliminate the concern over sweat smell, while ensuring that the fabric is always flexible and breathable for all actions.

GQ Smart T-Shirt – maximum comfort, effortless washing

GQ Guard offers water repellent capability that allows you to enjoy your life to the fullest without worrying about stains. Meanwhile, GQ Smart innovation offers a wrinkle-free surface that needs no ironing, saving both time and electricity.

GQ Smart T-Shirt – maximum comfort, effortless washing

GQ Smart T-Shirt features smaller fabric threads that result in a soft, comfortable feel while minimising irritation on the skin.

GQ Smart T-Shirt – maximum comfort, effortless washing
GQ Smart T-Shirt – maximum comfort, effortless washing
GQ Smart T-Shirt – maximum comfort, effortless washing
GQ Smart T-Shirt – maximum comfort, effortless washing
GQ Smart T-Shirt – maximum comfort, effortless washing

GQ Smart T-Shirt comes in nine colours and five sizes, from S to XXL, offering a simple yet unique style for men and women. Available at online shop https://gqsize.link/AXCagY or GQ shops nationwide.

#GQApparel #GQSmartTshirt #tshirt

THE NATION

BTSC loses case over cancellation of Orange Line bidding

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BTSC loses case over cancellation of Orange Line bidding

BTSC loses case over cancellation of Orange Line bidding

TUESDAY, SEPTEMBER 27, 2022

THE NATION

The Mass Rapid Transit Authority of Thailand (MRTA) was on Tuesday acquitted of unlawfully cancelling the first bidding process for the Orange Line’s western section.

The Central Criminal Court for Corruption and Misconduct Cases Tuesday ruled that the bid selection committee was authorised to cancel the process in the interest of the state and commuters.

The lawsuit was filed by the Bangkok Mass Transit System (BTSC), operator of the Skytrain and one of the original bidders, against MRTA governor Pakapong Sirikantaramas and six members of the selection committee.

It alleged that the seven defendants violated the Criminal Code by abusing their authority in cancelling bidding for the 128-billion-baht contract to construct the Orange Line section and operate the entire line.

The court reasoned that the seven defendants had changed the bidding rules and timeframe in line with the goal of the MRTA and Cabinet.

The changes were made after lengthy discussions among the committee and were not dictated by the governor, the court said.

It found that the plaintiff failed to provide convincing evidence that defendants cancelled bidding to benefit a private firm or had committed any malfeasance. The court also dismissed the plaintiff’s accusation that the defendants had discriminated against and persecuted BTSC.

The Orange Line project will run 35.9 kilometres from Min Buri in eastern Bangkok to Bang Khunon in the west.

The eastern section from the Thailand Cultural Centre to Min Buri is under construction and will stretch 22.5km with 17 stations, 10 of them underground.

The western section from Thailand Cultural Centre to Bang Khunnon will run for 13.4km with 11 underground stations.

The MRTA cancelled the first bid process on February 3 last year on grounds that it needed to change the bid criteria to prioritise technical data. Bids had already been put in by Bangkok Expressway and Metro Plc (BEM), and a consortium of BTSC, Sino-Thai Engineering and Construction and RATCH Group.

The second bid process was held on July 27 with two participants – the BEM and Italian-Thai Development Group. BEM won the contract by meeting technological requirements and offering the lowest price.

THE NATION

Siam Piwat showcases ECOTOPIA, Thailand’s first eco-lifestyle multi-brand store, at Sustainability Expo 2022

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Siam Piwat showcases ECOTOPIA, Thailand’s first eco-lifestyle multi-brand store, at Sustainability Expo 2022

Siam Piwat showcases ECOTOPIA, Thailand’s first eco-lifestyle multi-brand store, at Sustainability Expo 2022

TUESDAY, SEPTEMBER 27, 2022

THE NATION

Positioned as a model of value co-creation, the store highlights Siam Piwat’s capabilities as an organization of sustainability

Bangkok (September 26, 2022) – Siam Piwat Co., Ltd., a leading real estate and retail developer, the owner and operator of world-class projects such as Siam Paragon, Siam Center, and Siam Discovery, a joint owner of ICONSIAM and Siam Premium Outlets Bangkok, has reaffirmed its business philosophy of creating sustainable and mutual growth at the Sustainability Expo 2022 (SX2022), Southeast Asia’s largest sustainability event. At the expo, Siam Piwat set up a booth that encapsulated the essence  ECOTOPIA – Thailand’s first and largest eco-lifestyle multi-brand store, reflecting its business tenet of creating shared value to foster sustainable growth for all and create net positive impacts for society, the environment, and the country. 

Siam Piwat showcases ECOTOPIA, Thailand’s first eco-lifestyle multi-brand store, at Sustainability Expo 2022

As a pioneer introducing novelty for a better world, Siam Piwat has opened ECOTOPIA since 2017 to create Asia’s leading eco-lifestyle destination that offers environmental-friendly and well-being products for eco-conscious consumers. It has collaborated with 12 eco-co-creators and more than 300 brands of small entrepreneurs to curate more than 100,000 eco-friendly items available at more than 1,000 square meters, the third floor, Siam Discovery.

Siam Piwat showcases ECOTOPIA, Thailand’s first eco-lifestyle multi-brand store, at Sustainability Expo 2022

Ms. Narathip Rattapradit, Chief Operating Officer, Siam Piwat Co., Ltd., said, “The Sustainability Expo 2022, which was held under the theme of sufficiency and sustainability for the world, marked a major collaboration of Thailand’s leading organizations to create Good Balance, Better World, which shared the same business approach as Siam Piwat. It also presented an excellent opportunity for Siam Piwat to present a model of brand development that produced tangible sustainability outcomes. Over the course of 63 years, all projects developed by Siam Piwat have focused on creating shared value and net positive impacts for society and the country.

Siam Piwat showcases ECOTOPIA, Thailand’s first eco-lifestyle multi-brand store, at Sustainability Expo 2022

Siam Piwat has driven its business with the concept of sustainability, as can be seen in various projects, such as Siam Piwat 360° Waste Journey to Zero Waste, which seeks to achieve closed-loop waste management in accordance with circular economy principles, as well as the launch of Thailand’s first-ever drive-thru drop-off points for cleaned used packaging, which not only promotes waste separation but also helps to systematically bring waste into the management process, so that it can be recycled into raw materials or upcycled for other uses, thus contributing to the restoration of environmental balance.

Siam Piwat showcases ECOTOPIA, Thailand’s first eco-lifestyle multi-brand store, at Sustainability Expo 2022

Ms. Usara Yongpiyakul, Chief Executive Officer – Retail Business Group, Siam Piwat Co., Ltd., stated that “ECOTOPIA is a brand that has been developed in order to cultivate eco-consciousness in everyday life and encourage environmental revitalization. It has become a platform that revolutionizes the retail industry by creating a new business ecosystem that brings together nature lovers and an eco-community that unites them in an effort to change the world for the better. ECOTOPIA has also been ranked among the top 20 best retail stores in Asia by Inside Retail, Asia’s leading retail media, marking another successful step forward for Siam Piwat in its efforts to its advance sustainability business.”

The design and presentation of the ECOTOPIA booth also reflected Siam Piwat’s commitment to sustainability, as the components could be disassembled for further use.

Siam Piwat showcases ECOTOPIA, Thailand’s first eco-lifestyle multi-brand store, at Sustainability Expo 2022

You can visit ECOTOPIA by Siam Piwat both at the showcase booth in Exhibition Hall 3 on G Floor in the Better Living Zone and at the Marketplace Booth on LG Floor in the Marketplace Zone at the Sustainability Expo 2022, held on September 26 – October 2, 2022 at Queen Sirikit National Convention Center. A variety of activities await all visitors every day at the booth in the exhibition zone, including a photo corner and workshops held in collaboration with ECOTOPIA’s co-creators who are eco-curators, where you can learn how to color the sky with soft pastels with Friend & Forest and ENVIRONMAN, join “Uncle Ree” or Charee Boonyavinij for a workshop on how to grow vegetables for health and the environment, or take part in a workshop for nature-loving ladies hosted by Cleo in collaboration with Ali, a brand of chemical-free organic cleaning products.

The first 1,000 visitors to the ECOTOPIA booth in the Marketplace Zone will also receive an exclusive gift — vegetable seeds from Uncle Ree Farm, and will be eligible for special promotions and discounts.

For more information about activities, please visit: Facebook: ECOTOPIA and Sustainability Expo or www.sustainabilityexpo.com    
 

THE NATION

Five Apec members confirm their attendance at summit in Bangkok in November

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Five Apec members confirm their attendance at summit in Bangkok in November

Five Apec members confirm their attendance at summit in Bangkok in November

TUESDAY, SEPTEMBER 27, 2022

THE NATION

Leaders of at least five members have agreed to attend the Asia-Pacific Economic Cooperation (Apec) Economic Leaders’ Meeting on November 18-19, Thailand’s Foreign Ministry said on Tuesday.

Tanee Sangrat, director of the Information Department and spokesman of the Foreign Ministry, said leaders of some other members had not yet officially confirmed, but they had conveyed their intention to participate to the Thai ambassador to the United Nations.

“We don’t want to give details of the names of these members yet due to security reasons,” Tanee said.

On Monday, acting government spokesman Anucha Burapachaisir said Thailand was now ready to host the annual Apec Summit and other meetings.

The meeting will be held at the Queen Sirikit National Convention Centre while the gala dinner in honour of the Apec economic leaders and their spouses will be held at the Royal Thai Navy Convention Hall.

THE NATION

World Bank raises Thailand growth forecast to 3.1% amid signs of economic recovery

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World Bank raises Thailand growth forecast to 3.1% amid signs of economic recovery

World Bank raises Thailand growth forecast to 3.1% amid signs of economic recovery

TUESDAY, SEPTEMBER 27, 2022

THE NATION

The World Bank on Tuesday raised its forecast for Thailand’s gross domestic product (GDP) this year from 2.9 per cent to 3.1 per cent following recovery in consumption and exports.

However, the bank also reduced Thailand’s growth forecast for next year from 4.3 per cent to 4.1 per cent.

“Despite the economic slowdown’s impact on Thailand’s exports, easing of Covid-19 restrictions will help support the country’s tourism,” it said.

The World Bank expects growth in the East Asia and Pacific region this year to drop sharply to 3.2 per cent due to the impact of China’s strict Covid-19 restrictions on industrial manufacturing, domestic sales and exports.

The bank also expects 8-10 million foreign tourists to visit Southeast Asian countries this year.

The Thai government forecasts a 3-3.5 per cent expansion for the country’s economy this year as tourism recovers.

THE NATION

Songkhla touted as southern Thailand’s hub for medical tourism, MICE activities

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Songkhla touted as southern Thailand’s hub for medical tourism, MICE activities

Songkhla touted as southern Thailand’s hub for medical tourism, MICE activities

TUESDAY, SEPTEMBER 27, 2022

THE NATION

Thailand’s southern province of Songkhla should be considered for its potential as a medical and wellness hub as well as a MICE destination, Prince of Songkhla University (PSU) president said.

PSU chief Niwat Keawpradub said on Monday that the province has all the resources necessary to hold MICE (meetings, incentive travel, conventions, exhibitions) activities as well as provide the latest medical services.

He said promoting Songkhla as a medical hub would also go hand in hand with the government’s policy to boost medical tourism.

“Songkhla is fully prepared with top medical supplies and equipment and has some of the best government and private hospitals,” he said.

Niwat added that boosting Songkhla’s potential as a MICE as well as medical and wellness hub will also contribute to the country’s economy.

Songkhla touted as southern Thailand’s hub for medical tourism, MICE activities

He pointed out that Songkhla’s potential was proven by the 300 million baht revenue generated at the “Healthy Living & Innovation Expo 2022” held in Hat Yai from September 8 to 11.

“This reflects the success achieved by the government and private sector in promoting Thailand as an international medical hub,” he said.

The expo was organised by PSU, Medical Science Research and Innovation Institute, and the Songkhla Convention and Exhibition Bureau.

THE NATION

Oracle Releases Java 19 New release delivers seven JDK Enhancement Proposals

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Oracle Releases Java 19 New release delivers seven JDK Enhancement Proposals

Oracle Releases Java 19 New release delivers seven JDK Enhancement Proposals

MONDAY, SEPTEMBER 26, 2022

New release to increase developer productivity, improve the Java language, and enhance the platform’s performance, stability, and security. Java 19’s key capabilities are to be showcased at JavaOne 2022 in Las Vegas on October 17-20.

Oracle today announced the availability of Java 19, the latest version of the world’s number one programming language and development platform.

Java 19 (Oracle JDK 19) delivers thousands of performance, stability, and security improvements, including enhancements to the platform that will help developers improve productivity and drive business-wide innovation.

Oracle will showcase the latest capabilities in Java 19 at JavaOne 2022, taking place October 17-20 in Las Vegas, and via a keynote broadcast airing on dev.java/ at 9:00 a.m. PT on Tuesday, September 20.

Taveesak Saengthong, managing director, Oracle Thailand, said, “The developer community is the lifeblood of Java. As the steward of Java, Oracle is committed to providing developers and enterprises in Thailand with the latest tools to help them create innovative apps and services. We are confident that the new features and enhancements in Java 19 will boost efficiency for developers and programmers in Thailand, enabling businesses to build great platforms.”

The latest Java Development Kit (JDK) provides updates and improvements with seven JDK Enhancement Proposals (JEPs). Most of these updates are to be delivered as follow-up preview features improving on functionality introduced in earlier releases.

Oracle Releases Java 19 New release delivers seven JDK Enhancement Proposals

JDK 19 delivers language Improvements from OpenJDK project Amber (Record Patterns and Pattern Matching for Switch); library enhancements to interoperate with non-Java Code (Foreign Function and Memory API) and to leverage vector instructions (Vector API) from OpenJDK project Panama; and the first previews for Project Loom (Virtual Threads and Structured Concurrency), which will drastically reduce the effort required to write and maintain high-throughput, concurrent applications in Java.

“Java developers are increasingly seeking tools to help them efficiently build highly functional applications for deployment in the cloud, on-premises, and in hybrid environments,” said Arnal Dayaratna, research vice president, software development, IDC. “The enhancements in Java 19 deliver on these requirements and illustrate how the Java ecosystem is well-positioned to meet the current and future needs of developers and enterprises.”

Oracle delivers new Java Feature releases every six months via a predictable release schedule. This cadence provides a steady stream of innovations while delivering continuous improvements to the platform’s performance, stability, and security, helping increase Java’s pervasiveness across organizations and industries of all sizes.

The most significant updates delivered in Java 19 are:

Updates and Improvements to the Language
JEP 405: Record Patterns (Preview): Enables users to nest record patterns and type patterns to create a powerful, declarative, and composable form of data navigation and processing. This extends pattern matching to allow for more sophisticated and composable data queries.


JEP 427: Pattern Matching for Switch (Third Preview): Enables pattern matching for switch expressions and statements by permitting an expression to be tested against a number of patterns. This allows users to express complex data-oriented queries concisely and safely.

Library Tools
JEP 424: Foreign Function and Memory API (Preview): Enables Java programs to more easily interoperate with code and data outside of the Java runtime. By efficiently invoking foreign functions (i.e., code outside the Java Virtual Machine [JVM]), and by safely accessing foreign memory (i.e., memory not managed by the JVM), this API enables Java programs to call native libraries and process native data via a pure Java development model. This results in increased ease of use, performance, flexibility, and safety.

JEP 426: Vector API (Fourth Incubator): Enables superior performance compared to equivalent scalar computations by expressing vector computations that reliably compile at runtime to vector instructions on supported CPU architectures.

Ports

JEP 422: Linux/RISC-V Port: Sets the stage for easier Linux/RISC-V implementations by integrating this port into the JDK mainline repository.


Project Loom Preview/Incubator Features
JEP 425: Virtual Threads (Preview): Dramatically reduces the effort of writing, maintaining, and observing high-throughput concurrent applications by introducing lightweight virtual threads to the Java Platform. Using virtual threads allows developers to easily troubleshoot, debug, and profile concurrent applications with existing JDK tools and techniques.


JEP 428: Structured Concurrency (Incubator): Streamlines error handling and cancellation, improves reliability, and enhances observability by simplifying multithreaded programming and treating multiple tasks running in different threads as a single unit of work.


Driving Java Innovation in the Cloud
The Java 19 release is the result of extensive collaboration between Oracle engineers and other members of the worldwide Java developer community via the OpenJDK Project and the Java Community Process (JCP). In addition to new enhancements, Java 19 is supported by Java Management Service – an Oracle Cloud Infrastructure (OCI) native service – that provides a single pane of glass to help organizations manage Java runtimes and applications on-premises or on any cloud.

Supporting Java Customers
The Oracle Java SE Subscription is a pay-as-you-go offering that provides customers with best-in-class support, entitlement to GraalVM Enterprise, access to the Java Management Service, and the flexibility to upgrade at the pace of their businesses. This helps IT organizations manage complexity, contain costs, and mitigate security risks. In addition, Java SE and GraalVM Enterprise are offered free of charge on OCI, enabling developers to build and deploy applications that run faster, better, and with unbeatable cost performance on Oracle Cloud.  

Underscoring Java’s popularity with the global developer community, Oracle is proud to recognize the 1 millionth completed Java certification. Java certifications help developers stand out as Java experts and raise their profiles with enterprises seeking to attract highly skilled Java professionals.

Oracle Releases Java 19 New release delivers seven JDK Enhancement Proposals

SLEEK EV officially debuts in Thailand, eyes having battery swapping stations nationwide in 2023

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SLEEK EV officially debuts in Thailand, eyes having battery swapping stations nationwide in 2023

SLEEK EV officially debuts in Thailand, eyes having battery swapping stations nationwide in 2023

MONDAY, SEPTEMBER 26, 2022

THE NATION

SLEEK EV, a leading Thai-Singaporean electric motorcycle manufacturer, recently launched its brand for the first time in Thailand, aiming to penetrate the Thai market with four models: SLEEK TYPE-V, TYPE-V GT, TYPE-S and SLEEK ONE. Reservations started in June.

The company aims to launch three more models next year as well as establish battery swapping stations nationwide to improve their users’ mobility experience, with the emphasis in their motto of creating a “Lifestyle in Motion”. 

Kantinan Tunveenukoon, Co-Founder and Group CEO of Sleek EV Company Limited, said “Today SLEEK is ready to improve the travel and lifestyle of modern people with high-efficiency electric motorcycles with solid performance, backed by comprehensive one-stop service centres, battery swapping stations, and financial services. We are committed to our goal of creating innovation and products that fulfill the lifestyle of everyone.”

SLEEK EV officially debuts in Thailand, eyes having battery swapping stations nationwide in 2023

SLEEK EV has introduced two models in the home scooter segment namely TYPE-S and SLEEK ONE, which are suitable for city use thanks to their compact size. Meanwhile, in the urban scooter segment, the company also launched TYPE-V and TYPE-V GT, which have more power and are suitable for long-distance travelling. The TYPE-V model features a 3,000-watt motor and 60V 70Ah Lithium NMC battery, capable of speeds up to 80km/h and priced at 129,000 baht. The TYPE-GT V model comes with a 4,000-watt Mid-Drive Motor, reaching speeds up to 100km/h with a full digital display, priced at 149,000 baht.

SLEEK EV officially debuts in Thailand, eyes having battery swapping stations nationwide in 2023
SLEEK EV officially debuts in Thailand, eyes having battery swapping stations nationwide in 2023

At the SLEEK launch event, the company also introduced the S Pods and the S Pods Home battery swapping stations. The network of stations will be available at gas stations, shopping malls, restaurants, and coffee shops, within 7-9km apart. SLEEK aims to roll out in Bangkok first, with a target of 225 locations by the end of 2023. Users can use SLEEK mobile application to get their vehicle information, and locate service centres and S Pods stations.

SLEEK EV also announced business partnerships with Bosch Thailand, who will support the SLEEK’s electric motorcycle development, and with Pro Concept Manufacturer (PCM) who will jointly establish a motorcycle assembly and battery manufacturing factory in Thailand.

SLEEK EV officially debuts in Thailand, eyes having battery swapping stations nationwide in 2023

SLEEK EV has also partnered with Bank of Ayudhya, which operates under the framework of Environmental, Social, and corporate Governance (ESG), to provide loans with exclusive interest rates to SLEEK customers.

SLEEK EV officially debuts in Thailand, eyes having battery swapping stations nationwide in 2023

SLEEK EV now has authorized distributors in 22 provinces and expects to have service centres and dealerships nationwide within the first quarter of 2023. The company is committed to developing Thailand’s electric motorcycle industry and promoting the use of renewable energy according to its slogan of ‘Lifestyle in Motion.’

SLEEK EV officially debuts in Thailand, eyes having battery swapping stations nationwide in 2023

#SLEEKEV #LifestyleinMotion #ElectricMobility #ElectricMotorcycle #SLEEKEvent #ParadigmShift2022

THE NATION

Plus Property showcases its Sole Agent portfolio for 2022, comprising 13 projects worth 12.4 billion baht

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Plus Property showcases its Sole Agent portfolio for 2022, comprising 13 projects worth 12.4 billion baht

Plus Property showcases its Sole Agent portfolio for 2022, comprising 13 projects worth 12.4 billion baht

MONDAY, SEPTEMBER 26, 2022

THE NATION

Reasserting its stance of being a professional partner for the client

Plus Property proudly presents its sole agent business results for this year, spanning 13 property projects on highlight locations in Bangkok and the provinces. Sukhumvit, Ari, Sathon and Ratchada are some of the locations with high potential in Bangkok. In the provinces, PLUS has been managing projects in tourist destinations such as Hua Hin and Phuket. In total, 12.4 billion baht of project value is being managed this year. PLUS is also highlighting the trust that clients have given to the company’s professionalism. This is due to the availability of a seasoned sales team, accurate database and analysis capability and insight into market and consumer demands.

PLUS is confident the property market will become revitalized in the final quarter of the year because of supporting momentum from the tourism sector. The company is expanding its clients base by taking on sales management contracts from developers in provinces that have good potential, such as the tourism destinations of Hua Hin and Phuket. 

Plus Property showcases its Sole Agent portfolio for 2022, comprising 13 projects worth 12.4 billion baht

Ms. Somsakul Limsuttaphan, Deputy Managing Director – Business Development and Asset Management Department, Plus Property Company Limited, the full-service professional property and facility management agency, revealed “PLUS’s project sales management team were entrusted by developers to manage a total of 13 projects, worth 12.4 billion baht in all, in 2022. These include property projects in Bangkok, Hua Hin and Phuket. 70% of the projects were of the condominium and 30% were detached house and townhouse projects. The projects span across all price segments, from affordable projects to luxury offerings. Since the start of the year, PLUS has managed sales and marketing for 7 property projects, namely Quintara Phume in Sukhumvit 39, Quintara Treehaus in Sukhumvit 42, Thawee on Phet Kasem Rd., Dusit D2 Hua Hin, Kalm Penthouse Ari, Park Ram Inthra and MEKA Ramintra. Together, these projects account for 6 billion baht in value. The projects have already achieved an 81% sales ratio, worth 4.8 billion baht. A highlight project is the 440-million-baht Kalm Penthouse Ari where a sold out phenomenon was achieved within just 11 months. MEKA Ramintra is another noteworthy project as it is situated in an area with potential in the heart of the Ram Inthra locale, while being just 1 kilometre away from the Pink Line electric train. Designs were based on the concept “The Pride For Endless Pleasure”. The project consists of 3-storey detached homes built in a modern luxury style that emphasized privacy. Only 24 units were available.”

Plus Property showcases its Sole Agent portfolio for 2022, comprising 13 projects worth 12.4 billion baht

From the final quarter of 2022 to early next year, PLUS will manage sales for 6 other projects that are due to launch. These include Navara Pahonyothin 8, two projects in Phuket, a townhome project in Bangkok’s Ratchaphruek area and the Quintara MHy’ Gen project in the Ratchada-Huai Khwang locale. The latter offers a central city location enabling connectivity to all other sites in Bangkok via Ratchada, all at an approachable starting price of 1.99 million baht*. Furthermore, the Quintara MHy’ Den project in the Pho Nimit-Sathon area will become the 5th project from developer Eastern Star which PLUS has administered sales for.

Plus Property showcases its Sole Agent portfolio for 2022, comprising 13 projects worth 12.4 billion baht

Aside from taking additional sales management contracts in Bangkok, PLUS has also been expanding its clients base toward the provinces, especially toward tourism destinations such as Hua Hin and Phuket. The foreign market is currently making a comeback, with information from the Tourism Authority of Thailand forecasting 7-10 million foreign tourist arrivals this year. This would be significantly higher than last year’s figure. Thailand’s full reopening to tourists since July 1 also presents added hope for the revitalization of economic growth. Said revitalization would benefit the recovery of various business sectors in Thailand, especially those within the tourism sector. All the while, the Thai real estate market has been receiving positive signals from the tourism sector.

Plus Property showcases its Sole Agent portfolio for 2022, comprising 13 projects worth 12.4 billion baht

Plus Property places importance in being a “partner” to clients and highlights several advantages of its sales management service. PLUS pays keen attention to the requirements of developers and has insight into market demands. Key success cases have enable the company to continually gain the trust of clients, who allowed PLUS to continue managing sales for them. An example is Eastern Star Real Estate Plc., which is currently having PLUS manage sales for the 5th time. Meanwhile, the Enrich group has submitted two projects for PLUS’s management. Plus Property offers total solution services, including sole agent service that provides developers with consultation at every step of the way, from initialization of project development to design, marketing and sales. PLUS continually develops the capabilities of its sales personnel so they can perform as professional advisors who are knowledgeable and able to provide accurate target group and market assessments and are also able to act as investment advisors. PLUS’s research team makes use of data analytics to improve on sales and engage the CRM system to determine the real demand of consumers. This is achieved in part using the Customer Journey initiative. The information attained is presented to the client developer.

Plus Property showcases its Sole Agent portfolio for 2022, comprising 13 projects worth 12.4 billion baht

Plus Property is a full-service professional property and facility management agency. PLUS is able to provide sales management service for all types of residential projects, delivered by its team of personnel that leverages experience spanning more than 25 years. For more information, call 02 688 7555 or visit https://www.plus.co.th/service/sole-agent

Plus Property showcases its Sole Agent portfolio for 2022, comprising 13 projects worth 12.4 billion baht

THE NATION