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There are now several million Chinese who have been educated in the U.S. and elsewhere, and are now proud of their heritage and want to travel throughout China to feel the authenticity of Chinese culture. So it’s known over the world as a tree that travelers on a journey can stop under and take shelter and find peace. She was also appointed Director and Non-Executive Chairperson of Wildlife Reserves Singapore and Chairperson of Wildlife Reserves Singapore Conservation Fund, along with chairing the Employer Alliance in the Singaporean government. Last check: 10 months ago, He graduated from National University Of Singapore, Stanford University and Tunghai University. 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. The Art of Leadership: Perspectives from Distinguished Thought Leaders Born in 1952, Ho Kwon Ping was educated in Tunghai University, Taiwan; Stanford University, California and the University of Singapore. Singapore: The Next Fifty Years - Lecture IV: Demography and Family by Ho Kwon Ping. Highlights. CEO, New World Development. Ho: I’m trained as a development economist and my wife is a development sociologist. 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. 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. We got a local Thai group to manage it and we then owned and developed our first hotel. Kwon Ping has 1 job listed on their profile. We do research on local architecture and culture to bring out the sense of pride in the location itself. read more, Yes, Ho Kwon Ping is still alive Lee Suan Yew (LKY brother), former director of HPL 19. He was born on August 24, 1952 (68 years old) in Hong Kong. Ho: Wall Street has focused on maximizing shareholders’ profits, but if you recognize stakeholders, which includes the employees and customers, then CSR is no longer external to you â€“ it’s a fundamental upon which my compensation is reflected. We need to change the mindset so that the fundamental mission of business is to build a better society. In 1994, he launched Banyan Tree Hotels & Resorts and is currently Chairman of the Board of Trustees of Singapore Management University. He worked as a broadcast and financial journalist and was the Economics Editor of the Far Eastern Economic Review. Chiang is an Arts and Social Sciences graduate (Honours) from the University of Singapore. As a family business, is it challenging to get away from it at times? 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. View Kwon Ping Ho’s profile on LinkedIn, the world's largest professional community. It makes sense, but are we as a society a long way from achieving that? Opinion | How Singapore can play a crucial role in the emerging Pax Sinica by bridging East and West on a private island in Kerala, India. 16. 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. In 2008, Ho was named CEO of the Year at the Singapore Corporate Awards. 24 August 1952, Hong Kong–) is a prominent businessman in Singapore. 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. By DestinAsian - September 8, 2020. 2 Ho is also chairman of Banyan … Ho: In China, high-end resorts all look like Greek palaces, because they are for the newly rich. Ho Kwong does research in leadership, mentoring, deviant behavior, and work-family issues. He worked as a broadcast and financial journalist and was the Economics Editor of the Far Eastern Economic Review. started his career as a broadcast and financial journalist before joining his family business in 1981. So they come to Banyan Tree to help them handle tourism in a responsible manner. 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. It was, though, not always so smooth and successful a ride. 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 stakeholders’ interests as equally important as those of shareholders. He joined the family business in 1981. Without much research, they simply bought the land – without realising how polluted it actually was. Mr. Ho Kwon Ping is the Executive Chairman of Banyan Tree Holdings, a Singapore-based premium hospitality brand with global business interests. 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. Ho: When we took over Laguna Phuket, we realized it was a beautiful but environmentally polluted location. 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. The … 25 First Banyan Tree opening in 1994. 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. by Howard Lee. Founders Claire Chiang (left) and Ho Kwon Ping (right) / Image Credit: China Daily. What is the history of Banyan Tree? He worked as a broadcast and financial journalist and was the Economics Editor of the Far Eastern Economic Review. As Chairman of Singapore Management University (SMU), Ho was awarded the Singapore Government’s Meritorious Service Medal for his contribution in the founding of SMU. 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. 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. 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. He joined the family business in 1981. Ho Kwon Ping (Chinese: 何光平; born 24 August 1952) is a Singaporean businessman. What kind of growth do you foresee in that market? Mr Ho. Ho Kwon Ping is the energetic and outspoken founder of Banyan Tree Hotels and Resorts and one of Singapore's most respected business leaders. It was, though, not always so smooth and successful a ride. 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 . 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. Born in 1952, Ho Kwon Ping was educated in Tunghai University, Taiwan; Stanford University, California and the University of Singapore. The interview played out in CNBC's latest episode of … We are looking at larger integrated resort developments that include both brands, perhaps together with a convention center. 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. Enrique K. Razon Jr. Chairman and President. Below is the transcript of a CNBC interview with Ho Kwon Ping, Executive Chairman, Banyan Tree Holdings. Ho Kwon Ping (b. The three elephants in the room for the next fifty years of Singapore. “At that time, it was about building a foundation for Singapore, about education and jobs,” says Chiang. An Interview with Ho Kwon Ping, Executive Chairman, and Claire Chiang, Senior Vice President, Banyan Tree Holdings. For the next 10 years, running businesses helped me realize that if you produce things for other people, but didn’t own the brand, then ultimately you are running to stand still. She is also the Chairperson of Banyan Tree Global Foundation. 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. 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. 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. We had a blank canvas where we recognized a resort development is a double-edged sword: we could do tremendous good or bad. The exclusive all pool-villa at Banyan Tree Kerala is surrounded This was the intentional part in my career. He began his working life as a journalist on the Far Eastern Economic Review. It’s about mapping the topography, looking at master planning with guidance that is more appropriate to the terrain, and building to the local culture. Ho Kwon Ping was educated at Tunghai University in Taiwan, Stanford University, and the University of Singapore. Chiang was one of the first two women in 89 years to be elected to the Board of the Singapore Chinese Chamber of Commerce & Industry. *FREE* shipping on qualifying offers. Ho: Banyan Tree will not be everywhere in the world, so our identity and uniqueness will be in our creating a strong sense of place wherever you are, and yet that strong sense of place must help you also realize it’s a Banyan Tree. 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. He joined the family business in 1981. All three family-owned companies are listed in Singapore and Thailand. 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 it’s 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. Ho Kwon-Ping is Executive Chairman at Banyan Tree Holdings Ltd. View Ho Kwon-Ping’s professional profile on Relationship Science, the database of decision makers. How you build can also destroy the environment, and how you integrate yourself with the community can also destroy the social cultural environment, because you’re opening a resort where one day’s room rate could be equal to a local villager’s monthly income, so you create dependency and resentment. But in working together, they develop a bond. The Singapore Bicentennial Conference . Chiang: Doing good is not extra; it must be the rule of business. Photo courtesy of Banyan Tree Holdings. (Related: Banyan Tree Founders, Ho Kwon Ping And Claire Chiang, Together With Daughter, Ho Ren Yung Talk About Their Entrepreneurial Journey As A Family) Story continues below. 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 … After that, the focus is on the next hotel.•, 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. 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. Ho Peng, (Ho Ching sister), Director-General of Education MOE. In 2009, he was the recipient of the Hospitality Lifetime Achievement Award at the China Hotel Investment Summit in Shanghai. He was detained under the Internal Security Act for two months for his pro-Communist activities. He joined the family business in 1981. Ho Kwon Ping responds to DPM Teo's remarks, says he is for high, competitive ministerial salaries. He worked as a broadcast and financial journalist and was the Economics Editor of the Far Eastern Economic Review. At that time, we decided to innovate to remove the focus away from the fact that the resort was not directly situated on the beach. We did a second property after that with Sheraton and then two more. She was Singapore’s Woman of the Year in 1999, and a former nominated member of parliament. Find the perfect Ho Kwon Ping stock photos and editorial news pictures from Getty Images. He's been a university drop out (from Stamford) and a prisoner, (jailed for something he wrote). 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. Ho: China today is like America during President Eisenhower’s period after the war. Ho Kwon Ping was born on the 24th of August 1952, which was a Sunday. 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. 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. Ho Kwon Ping. 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. Ho Kwon Ping is the founder of Banyan Tree, a worldwide chain of luxury resorts based in Asia. The media has portrayed businesspeople in a negative light, so we need a shift in mindset. 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. 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. Family is whoever is trusted to be part of the decision-making process. In 1994, he launched Banyan Tree Hotels & Resorts. In 1977, while working as a journalist for the Far Eastern Economic Review, an English Asian news magazine based in Hong Kong, Ho was detained under the Internal Security Act for writing articles in the Review and held in solitary confinement for two months. A world that looks to transcend bottom-lines will be one of collaboration, mentorship, and the optimism of the Millennial generation. You have been focused on social responsibility since the earliest days of the company. Mothership | August 15, 2020, 02:00 PM . Singapore 9 Awards. In 1994, he launched Banyan Tree Hotels & Resorts. In China, what might be called a secondary destination may have 150 million people within a five-hour driving radius. Banyan Tree manages more than 38 hotels and resorts, over 70 spas and 80 retail galleries, as well as three golf courses. Without much research, they simply bought the land – without realising how polluted it actually was. Ho Kwong Kwan currently works at China Europe International Business School. Chiang: A lot of development in West China is happening because the government now sees tourism as an economic lever for growth and development. Out of that arose two innovations for which Banyan Tree is now known: the 100 percent pool villa concept and the tropical garden spa, both intended to encourage people to stay on property and also pay less attention to the lack of beachfront. The number of business school students who want to focus on social enterprises has gone up and the number going into investment banks has gone down. Ho Kwon Ping HOW BANYAN TREE STARTED. Ho and Chiang came of age in the 1960s and ’70s, when much of Asia was still mired in poverty. The failure of Wall Street leaders today can be placed at the doors of the business schools they have graduated from, because business schools turn out MBAs who practice group think and they all come out focused on making tons of money. 10 April 2015. in Current Affairs. Gloria Lee (Kim Yew's wife), former air stewardess turned founder of Kim Eng Securities 18. He worked as a broadcast and financial journalist and was the Economics Editor of the Far Eastern Economic Review. 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. 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. Why is this so important for you? Mr Ho. Family is whoever is trusted to be part of the decision-making process. Mr. Ho Kwon Ping is the Executive Chairman of Banyan Tree Holdings, a Singapore-based premium hospitality brand with global business interests. Ho: Early on, we started a Banyan Tree Management Academy. Banyan Tree Holdings Limited 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. See the complete profile on LinkedIn and discover Kwon Ping’s connections and jobs at similar companies. 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 they’re only supposed to be making money. Chief Executive and Founding Partner. In 1994, he launched Banyan Tree Hotels & Resorts. Select from premium Ho Kwon Ping of the highest quality. You don’t do a beach resort without a beach, but when you’re young, you don’t consider failure. In 2010, he became the first Asian to receive the ACA (American Creativity Association) Lifetime Creative Achievement Award. HO KWON PING. Ho Kwon Ping was born in Hong Kong although his father Ho Rih Hwa a businessman and diplomat was born in Singapore. He joined the family business in 1981. (deceased?) 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. Of the 9,000, we probably have 2,000 to 3,000 in middle management. Ho joined his family business in 1981 and launched the luxury Banyan Tree brand in 1994 after transforming a tract of environmentally damaged land into the Laguna Phuket resort. Jean Eric Salata . 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. “For various reasons, we’ve reduced our burn rate, we’ve negotiated bank loans. Ho: This started as a family business, but if it’s 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. 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. started his career as a broadcast and financial journalist before joining his family business in 1981. 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. Lee Kim Yew ( LKY brother ), former air stewardess turned founder of Banyan Hotels... Outlets worldwide, about education and jobs, ” says Chiang view Kwon Ping has seen various crises from! So the track record isn’t good to Twitter Share to Facebook Share to.... Prisoner, ( ho Ching sister ), former Chairman Cerebos Pacific, former director of HPL.! 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