He worked as a broadcast and financial journalist and was the Economics Editor of the Far Eastern Economic Review. He began his working life as a journalist on the Far Eastern Economic Review. Singapore: The Next Fifty Years - Lecture IV: Demography and Family by Ho Kwon Ping. Below is the transcript of a CNBC interview with Ho Kwon Ping, Executive Chairman, Banyan Tree Holdings. By DestinAsian - September 8, 2020. Are you always thinking about whatâs next or do you take time to appreciate what youâve achieved? We found a lovely place on the beach that was actually a wasteland. Mr. Ho Kwon Ping is the owner-founder and Executive Chairman of Banyan Tree Holdings, which owns both listed and private companies engaged in the development, ownership and operation of hotels, resorts, spas and galleries, residential homes, and other lifestyle activities around the world. Kwon Ping has 1 job listed on their profile. Ho: We are, but it starts at the level of business education. Mr Ho Kwon Ping , executive chairman of Banyan Tree Holdings and an S R Nathan fellow, gave his first lecture, “Politics and governance” of the series of five organised by Institute of Policy Studies (IPS) at the University Cultural Centre at NUS on Monday. But, say Mr Ho Kwon Ping and his wife Claire Chiang, unlike in most Asian family businesses, it is not certain that their children will necessarily take … The panorama oasis pool at the
Ho Kwon Ping (b. He will be turning 69 in only 245 days from today (22 December, 2020). Events. See the complete profile on LinkedIn and discover Kwon Ping’s connections and jobs at similar companies. As Chairman of Singapore Management University (SMU), Ho was awarded the Singapore Governmentâs Meritorious Service Medal for his contribution in the founding of SMU. We did a second property after that with Sheraton and then two more. Ho Kwon Ping's foray into the business world came several years later when he decided to join the family business after his father suffered a stroke. Ho: When we took over Laguna Phuket, we realized it was a beautiful but environmentally polluted location. 24 August 1952, Hong Kong–) is a prominent businessman in Singapore. An Interview with Ho Kwon Ping, Executive Chairman, and Claire Chiang, Senior Vice President, Banyan Tree Holdings. Ho Kwon Ping is executive chairman of Banyan Tree Holdings. Ho: In China, high-end resorts all look like Greek palaces, because they are for the newly rich. More importantly, our associates like to be identified with a company that reflects their values. Ho Kwon Ping (b. Like many youths of the period, they wanted to do their part to help create a better life for people in this part of the world. This has been a core value of Banyan Tree. Photo courtesy of Banyan Tree Holdings. Ho Kwong Kwan currently works at China Europe International Business School. What is the history of Banyan Tree? The fourth hotel was on a piece of land with no beach. He joined the family business in 1981. Family is whoever is trusted to be part of the decision-making process. Business and capitalism is critical to the success of the world, but it makes me cringe that business leaders think they are not supposed to be idealistic, that theyâre only supposed to be making money. Roshni Nadar Malhotra. He joined the family business in 1981. *FREE* shipping on qualifying offers. The publication garnered a National Council Book Award and spawned a 30-chapter Chinese-language television drama in Singapore that won five broadcast awards. on a private island in Kerala, India. Ho Kwon Ping. Trade Talk: Ho Kwon Ping of Banyan Tree Holdings. Displaying 10 out of 3 results Media playtime 47:55minutes. Why is this so important for you? (Photo by Nozomu Ogawa) Chiang: This is about shaping business activism â businesses talking to other businesses about what they should and must do to improve the world. Labels: Banyan Tree, Ho Kwon Ping, Leadership style, traits. Law Awareness Week 2020. – Ho Kwon Ping, Banyan Tree Holdings “Thankfully we’ve extended our survivability past two years, even if it’s a worse-case scenario,” he noted. HO KWON PING. Ho: Prior to opening the doors of a new property to paying guests, we have a big party where we give awards to contractors, suppliers, and all of our staff. But business students today are reacting against this. An in-conversation from a recent digital event with Ho Kwon Ping, Executive Chairman, Banyan Tree Holdings, and Andrew Yeo, Senior Associate, Global Counsel on the future of the global tourism industry, with a focus on Asian markets. Ho: China today is like America during President Eisenhowerâs period after the war. How you build can also destroy the environment, and how you integrate yourself with the community can also destroy the social cultural environment, because youâre opening a resort where one dayâs room rate could be equal to a local villagerâs monthly income, so you create dependency and resentment. “At that time, it was about building a foundation for Singapore, about education and jobs,” says Chiang. He joined the family business in 1981. In April 2009, Chiang, together with Ho Kwon Ping, was a joint recipient of the Hospitality Lifetime Achievement Award at the annual China Hotel Investment Summit. Singaporean Businesswoman And Spouse Of The Prime Minister Of Singapore, Is The Chief Executive Officer Of Temasek Holdings (since 2002). Lee Suan Yew (LKY brother), former director of HPL 19. Select from premium Ho Kwon Ping of the highest quality. Founder, K11 Group. As a family business, is it challenging to get away from it at times? CEO, New World Development. Ho's foray into the business world came several years later when he decided to join the family business after his father suffered a stroke. Gloria Lee (Kim Yew's wife), former air stewardess turned founder of Kim Eng Securities 18. He's been a university drop out (from Stamford) and a prisoner, (jailed for something he wrote). We were the first resort to have built a five-star hotel in an intentionally isolated place that showcased the beauty of indigenous architecture in a modernized form. by Howard Lee. Whenever we open a new hotel, we put together a task force of young people drafted from different hotels and backgrounds so they help the new hotel acquire the management culture. Married to Ho Kwon Ping, president of the Wah Chang/Thai Wah group of companies, she is executive director of Banyan Tree Gallery. We have signature items such as our pool villas, the gallery, and the Saffron signature restaurant, as well as the way you are greeted when you come in â that is a Banyan Tree touch point. read more, Yes, Ho Kwon Ping is still alive
He is also the founding and current Chairman of the Board of Trustees of Singapore Management University, Chairman of The Singapore Summit and a non-executive … Entrepreneurship by itself is such a risky proposition that we need to teach young people how to reduce the risk of the path towards entrepreneurship and not glamorize it. With that great sense of responsibility, we wanted to do good and as we did that, we began to realize consumers like to link their purchasing power with their values. Mr. Ho Kwon Ping is the Executive Chairman of Banyan Tree Holdings, a Singapore-based premium hospitality brand with global business interests. After his release, he continued his studies at the University of Singapore and graduated in economics and history in 1978 Last check: 10 months ago, He graduated from National University Of Singapore, Stanford University and Tunghai University. After that, the focus is on the next hotel.â¢, Click Here to Download a PDF of An Interview with Ho Kwon Ping, Executive Chairman, and Claire Chiang, Senior Vice President, Banyan Tree Holdings, See other features from LEADERS Magazine's January, February, March 2013 edition, Stepping Out: The Making of Chinese Entrepreneurs. He joined the family business in 1981. The birth of modern domestic tourism â the biggest thing happening in China today â has occurred with the growth of transportation and communications infrastructure. View Kwon Ping Ho’s profile on LinkedIn, the world's largest professional community. The business has to be led to grow in its own right," said Mr Ho. Ho Kwon Ping (HKP): This is the worst crisis that's hit the whole world in probably 50 years or ever since World War II. He worked as a broadcast and financial journalist and was the Economics Editor of the Far Eastern Economic Review. Mr Ho. The first Banyan Tree resort opened in Phuket in 1994, on the … Ho Kwon Ping is the founder of Banyan Tree, a worldwide chain of luxury resorts based in Asia. Ho Peng, (Ho Ching sister), Director-General of Education MOE. Ho Kwon Ping's foray into the business world came several years later when he decided to join the family business after his father suffered a stroke. The three elephants in the room for the next fifty years of Singapore. All three family-owned companies are listed in Singapore and Thailand. The symbolism externally is that banyan trees gird the entire earth from South America to India, around tropical and sub-tropical areas. HO KWON PING. IPS-Nathan Lectures Singapore: The Next Fifty Years - Lecture IV: Demography and Family by Ho Kwon Ping. Ho Kwon Ping was born on the 24th of August 1952, which was a Sunday. Chiang: Doing good is not extra; it must be the rule of business. So they come to Banyan Tree to help them handle tourism in a responsible manner. Mr Ho Kwon Ping, founding Executive Chairman of Banyan Tree Holdings, an international hospitality business, founding Chairman of Singapore Management University, former journalist at the Far Eastern Economic Review, has worn many hats over the course of his long and illustrious career. Ho Kwon Ping responds to DPM Teo's remarks, says he is for high, competitive ministerial salaries. Ho Kwon Ping (Chinese: 何光平; born 24 August 1952) is a Singaporean businessman. Over thirty years ago, back in 1984, Singaporean couple Ho Kwon Ping (65) and Claire Chiang (66) chanced upon a vast expanse of coastal land in Phuket, Thailand, that used to be a tin mine. Over thirty years ago, back in 1984, Singaporean couple Ho Kwon Ping (65) and Claire Chiang (66) chanced upon a vast expanse of coastal land in Phuket, Thailand, that used to be a tin mine. Mothership | August 15, 2020, 02:00 PM . Ho: This started as a family business, but if itâs going to continue beyond us, it has to be a culture where our closest associates from the lowest to the highest feel a sense of ownership of Banyan Tree. Born in 1952, Ho Kwon Ping was educated in Tunghai University, Taiwan; Stanford University, California and the University of Singapore. Is the tenure of jobs or the pressures of short-term results an excuse? In China, what might be called a secondary destination may have 150 million people within a five-hour driving radius. Ho Kwon Ping is a Singaporean businessman.He was born on August 24, 1952 (68 years old) in Hong Kong.. About. Family is whoever is trusted to be part of the decision-making process. In the U.S., there is a high degree of patriotism because the military as an institution in the U.S. is portrayed positively by Hollywood so every American learns to have respect for that institution. For example, we grow 2,000 trees per year for every resort, we buy locally, and we create local jobs â the arguments for sustainability and the growth of community are due to that intervention. Itâs about mapping the topography, looking at master planning with guidance that is more appropriate to the terrain, and building to the local culture. Mr. Ho Kwon Ping is the owner-founder and Executive Chairman of Banyan Tree Holdings, which owns both listed and private companies engaged in the development, ownership and operation of hotels, resorts, spas and galleries, residential homes, and other lifestyle activities around the world. Chiang: Our search is for a new kind of economic order and a new kind of capitalist model, away from the short-term Wall Street capitalism that maximizes individual gain, into what we call communitarian capitalism, where we look at stakeholdersâ interests as equally important as those of shareholders. He worked as a broadcast and financial journalist and was the Economics Editor of the Far Eastern Economic Review. From 1982 to 1990, she lectured in the Sociology Department of the National University of Singapore and continued research work in the Centre for Advanced Studies from 1990 to 1994. But in working together, they develop a bond. Mr Ho Kwon Ping is the Founder and Executive Chairman of Banyan Tree Holdings and Laguna Resorts and Hotels, and Executive Chairman of Thai Wah Public Company. He is the Executive Chairman of Banyan Tree Holdings, a Singapore-based leisure business group, which owns both listed and private companies engaged in the development, ownership and operation of hotels, resorts, spas, residential homes, retail galleries and other lifestyle activities in the region. He joined the family business in 1981. Born in 1952, Ho Kwon Ping was educated in Tunghai University, Taiwan; Stanford University, California and the University of Singapore. You need education with popular media that doesnât demonize business leaders and you have to create a culture where there is a sense of what business should be about. From 1978 to 1981, Chiang worked at the Faculty of Medicine at The University of Hong Kong while completing her Master of Philosophy (Sociology) degree. That is the group Banyan Tree is speaking to. She served as a Singapore Nominated Member of Parliament for two terms. Ho: Wall Street has focused on maximizing shareholdersâ profits, but if you recognize stakeholders, which includes the employees and customers, then CSR is no longer external to you â itâs a fundamental upon which my compensation is reflected. Share to Twitter Share to Facebook Share to Pinterest. So I realized that we had to own a brand. But we owned the area, so my brother, an architect, and I, decided to design our first hotel. I researched it and found out the land had been written off by the UNDP â United Nations Development Program â because it was totally polluted by tin mining. Born in 1952, Ho Kwon Ping was educated in Tunghai University, Taiwan; Stanford University, California and the University of Singapore. The Singapore Bicentennial Conference . Assuming the mantle as the eldest son, Ho took the reins of the company only to make a bad business decision, nearly bankrupting the company. She was Singapore’s Woman of the Year in 1999, and a former nominated member of parliament. Since its inception, Banyan Tree has grown to more than 30 hotels and resorts and close to 70 spas and 80 retail galleries, as well as three golf courses. Lee Kim Yew (LKY brother), former chairman Cerebos Pacific, former director of defunct Tat Lee Bank 17. For my business, it's the worst hit of everyone who has been hit. Claire Chiang (b. Banyan Tree Holdings (www.banyantree.com) owns both listed and private companies engaged in the development, ownership, and operation of hotels, resorts, spas, residential homes, retail galleries, and other lifestyle activities around the world. Reasonably Famous: Ho Kwon Ping opens up about his parents, death, & the final third of his life Ho Kwon Ping is a man highly sought-after for his opinions. We decided on the name Banyan Tree for two reasons: the symbolism of Banyan Tree internally â something we could tell our associates â which is that itâs the name of a simple fishing village in Hong Kong that afforded us the opportunity to create our own world early in our lives, reminding us that a warm, intimate setting is more important than fancy trappings. We have historically brought them to a training academy in Phuket to mix with each other for a two-week program where the faculty are our internal senior people, so they not only learn technical things but also about the culture. He was detained under the Internal Security Act for two months for his pro-Communist activities. Just as the influence of Ho Kwon Ping sparked our approach to this editorial, so too will the experienced leaders of the previous generation embolden the Millennial vision of this one. 4 October 1951, Singapore–) is a social activist, entrepreneur and author. What kind of growth do you foresee in that market? The Art of Leadership: Perspectives from Distinguished Thought Leaders started his career as a broadcast and financial journalist before joining his family business in 1981. Our job is to bring to the table the notion of responsible development, not just creating an integrated resort. Chiang: A lot of development in West China is happening because the government now sees tourism as an economic lever for growth and development. Banyan Tree Founders, Ho Kwon Ping And Claire Chiang, Together With Daughter, Ho Ren Yung Talk About Their Entrepreneurial Journey As A Family By Hong Xinyi August 01, 2019 As Banyan Tree Holdings celebrates its 25th anniversary, the entrepreneurial family shares how sustainability guides the company’s past, present and future Mr Ho Kwon Ping, founding Executive Chairman of Banyan Tree Holdings, an international hospitality business, founding Chairman of Singapore Management University, former journalist at the Far Eastern Economic Review, has worn many hats over the course of his long and illustrious career. Ho Kwon Ping was born in Hong Kong although his father Ho Rih Hwa a businessman and diplomat was born in Singapore. Ho Kwon Ping (Chinese: 何光平; born 24 August 1952) is a Singaporean businessman. Ho Kwon Ping was educated at Tunghai University in Taiwan, Stanford University, and the University of Singapore. 1 He is the chairman of Wah Chang Group and Thai Wah Public Company Limited, which owns a portfolio of public and private companies engaged in hotel development and management, property development, agribusiness and food products mainly in the Asia-Pacific region. Ho and Chiang came of age in the 1960s and ’70s, when much of Asia was still mired in poverty. Thatâs when I really see all the people that have been involved and the pride they have in knowing that this property is now alive, and everyone at that party feels they made a genuine contribution. Ho Kwon Ping, executive chairman of Banyan Tree Holdings, said while there's no real way to measure the appetite for international travel in Asia, domestic travel has seen strong demand. Nobody wanted to manage it, so we realized it was a perfect opportunity to start our own brand. A world that looks to transcend bottom-lines will be one of collaboration, mentorship, and the optimism of the Millennial generation. The views expressed in this podcast can be attributed to the named participant(s) only. All three family-owned companies are listed in Singapore and Thailand. Without much research, they simply bought the land – without realising how polluted it actually was. Is there a certain feel to each so you know youâre in a Banyan Tree property? Chiang is an Arts and Social Sciences graduate (Honours) from the University of Singapore. Ho Kwon Ping is the Executive Chairman of Banyan Tree Holdings a Singapore-based leisure business group which owns both listed and private companies engaged in the development ownership and operation of hotels resorts spas residential homes retail galleries and other lifestyle activities in the region. Chiang: Chinaâs government is interested in retaining their heritage buildings and looks at using those as a point for development of tourism, yet theyâre afraid too much tourism will destroy these sites. Being young and naïve, we purchased it. 24 August 1952, Hong Kong–) is a prominent businessman in Singapore. He was born on August 24, 1952 (68 years old) in Hong Kong. The … What is your vision for China? He worked as a broadcast and financial journalist and was the Economics Editor of the Far Eastern Economic Review. Ho Kwon Ping is Executive Chairman of Banyan Tree Holdings, which owns both listed and private companies engaged in the development, ownership and operation of hotels, resorts, spas, residential homes, retail galleries and other lifestyle activities around the world. Lecture IV: Demography and Family Ho Kwon Ping 2014/15 S R Nathan Fellow for the Study of Singapore 4 March 2015 Auditorium, Shaw Foundation Alumni House, NUS . Ho Kwon Ping is the energetic and outspoken founder of Banyan Tree Hotels and Resorts and one of Singapore's most respected business leaders. In 1994, after the success of rehabilitating an abandoned tin mine into Laguna Phuket, Asia’s first integrated resort, he launched Banyan Tree Hotels and Resorts. The exclusive all pool-villa at Banyan Tree Kerala is surrounded
One out of 90 succeed so the track record isnât good. He worked as a broadcast and financial journalist and was the Economics Editor of the Far Eastern Economic Review. The interview played out in CNBC's latest episode of … Chairperson, HCL Technologies. Ho Kwon Ping was educated at Tunghai University in Taiwan, Stanford University, and the University of Singapore. We see two types of hotels: those in destinations that are so iconic that foreigners will visit to stay in them; and destinations that most foreigners will not come to, but that are still popular among those in the local area. We are looking at larger integrated resort developments that include both brands, perhaps together with a convention center. I was working in Hong Kong and would have become an academic but my father, who was a businessman, had a stroke, so being the eldest son, I had to return to Singapore. This was the intentional part in my career. The Art of Leadership: Perspectives from Distinguished Thought Leaders [Kwon Ping Ho, Kwon Ping Ho, Arnoud de Meyer] on Amazon.com. Enrique K. Razon Jr. Chairman and President. Mr Ho. Banyan Tree Holdings. We need to change the mindset so that the fundamental mission of business is to build a better society. “For various reasons, we’ve reduced our burn rate, we’ve negotiated bank loans. 2 Ho is also chairman of Banyan … Ho Kwong does research in leadership, mentoring, deviant behavior, and work-family issues. Over thirty years ago, back in 1984, Singaporean couple Ho Kwon Ping (65) and Claire Chiang (66) chanced upon a vast expanse of coastal land … by the tranquil backwaters of the quaint Alleppey district
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