Choti Lamsam
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Choti Lamsam
Choti Lamsam (; th, โชติ ล่ำซำ; ) was a Thai businessman who founded the Kasikornbank or otherwise known as the Thai Farmers Bank in 1945 with registered capital of Baht 5 Million. The bank has been listed on the Stock Exchange of Thailand (SET) since 1976. Choti was born in 1879 to a Hakka family. His father, Ng Yuk Long, was a second generation Thai Chinese with ancestry from Guangdong province. After Ng Meow Ngian, Yuk Long's father died, he took over and expanded the family's timber business. He also owned agricultural trading, saw mills and rice mills. After 1932, he set up an insurance and banking business. In 1939, Yuk Long was murdered by the local Chinese mafia. Choti and his brothers, Julin and Kasem, then took over the family business. During World War II, the banking industry started to grow and Choti established Thai Farmer Bank on June 8, 1945, focusing on retail banking and customers in the rural areas. Choti died in 1948 (2491 BE). Choti Lamsam's g ...
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Kasikornbank
Kasikornbank ( th, ธนาคารกสิกรไทย, , Teochew: Khai-thài Ngîng-hâng, , stylised in all caps), often stylised as KBank and formerly known as the Thai Farmers Bank is a banking group in Thailand. KBank was established on 8 June 1945 (2488 BE) by Choti Lamsam, with registered capital of five million baht. It has been listed on the Stock Exchange of Thailand since 1976. On 8 April 2003, Thai Farmers Bank PCL changed its English name to Kasikornbank PCL (official abbreviation, KBank). As of April 2020, the CEO is Kattiya Indaravijaya. The previous chairman and CEO, Bantoon Lamsam, who held the position for 28 years, was the grandson of the founder. History Kasikornbank (then Thai Farmers Bank) was established on 8 June 1945, with registered capital of five million baht and 21 employees. Its first office is now the Thanon Sua Pa Main Branch. The bank showed healthy performance after only six months in operation. As of 31 December 1945, or at the e ...
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Thai Baht
The baht (; th, บาท, ; currency sign, sign: ฿; ISO 4217, code: THB) is the official currency of Thailand. It is divided into 100 ''satang'' (, ). The issuance of currency is the responsibility of the Bank of Thailand. Society for Worldwide Interbank Financial Telecommunication, SWIFT ranked the Thai baht as the 10th-most-frequently used world payment currency as of January 2019. History The Thai baht, like the Pound (currency), pound, originated from a traditional unit of mass. Its currency value was originally expressed as that of silver of corresponding weight (now defined as 15 grams), and was in use probably as early as the Sukhothai Kingdom, Sukhothai period in the form of bullet coins known in Thai as ''phot duang''. These were pieces of solid silver cast to various weights corresponding to a Thai units of measurement, traditional system of units related by simple fractions and multiples, one of which is the ''baht (unit), baht''. These are listed in the follo ...
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Stock Exchange Of Thailand
The Stock Exchange of Thailand ( th, ตลาดหลักทรัพย์แห่งประเทศไทย), or SET, is the only stock exchange in Thailand. Founded on 30 April 1975, it is ASEAN’s 2nd largest after Singapore and the world's 25th by market capitalization at (both SET and mai) as of 22 October 2022. From 2015 to June 2020 it was the biggest IPO market in Southeast Asia in terms of accumulated raised fund at USD 17.8 billion (THB 598.0147 billion). It is also the region’s most active bourse for 10 consecutive years with daily trading turnover normally exceeding USD 2 billion. In recent years, the number of market participants has risen sharply: trading accounts has increased almost 10 times from 2008 to 2022. Based on the number of investors, about 3% of people in Thailand participate in the stock market. SET index is the oldest and the most cited equity index in Thailand. It made intraday all-time high at 1852.51 on 27 February 2018, surpassing th ...
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Hakka
The Hakka (), sometimes also referred to as Hakka Han, or Hakka Chinese, or Hakkas are a Han Chinese subgroup whose ancestral homes are chiefly in the Hakka-speaking provincial areas of Guangdong, Fujian, Jiangxi, Guangxi, Sichuan, Hunan, Zhejiang, Hainan, Guizhou in China, as well as in Taoyuan City, Hsinchu County, Miaoli County, Pingtung County, and Kaohsiung City in Taiwan. The Chinese characters for ''Hakka'' () literally mean "guest families". Unlike other Han Chinese subgroups, the Hakkas are not named after a geographical region, e.g. a province, county or city, in China. The word ''Hakka'' or "guest families" is Cantonese in origin and originally refers to the Northern Chinese refugees fleeing social unrest, upheaval and invasions in northern parts of China (such as Gansu and Henan) during the Qin dynasty who then seek refuge in the Cantonese provinces such as Guangdong and Guangxi, thus the original meaning of the word implies that they are guests living in the Cantone ...
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Thai Chinese
Thai Chinese (also known as Chinese Thais, Sino-Thais), Thais of Chinese origin ( th, ชาวไทยเชื้อสายจีน; ''exonym and also domestically''), endonym Thai people ( th, ชาวไทย), are Chinese descendants in Thailand. Thai Chinese are the largest minority group in the country and the largest overseas Chinese community in the world with a population of approximately 7-10 million people, accounting for 11–14% of the total population of the country as of 2012. It is also the oldest and most prominent integrated overseas Chinese community. Slightly more than half of the ethnic Chinese population in Thailand trace their ancestry to Chaoshan. This is evidenced by the prevalence of the Teochew dialect among the Chinese community in Thailand as well as other Chinese languages.The term as commonly understood signifies those whose ancestors immigrated to Thailand before 1949. The Thai Chinese have been deeply ingrained into all elements of Thai ...
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Lamsam Family
The Lamsam family ( th, ล่ำซำ) is a Thai family of Chinese descent. Notable as the founders of Kasikornbank, the extended family owns businesses in the banking and insurance industries. The family's current head, Banthoon Lamsam, together with his family, is listed by ''Forbes'' as the 27th richest in Thailand in 2017. The Lamsam family traces its roots to Ung Miao Ngian ( zh, c=伍淼源, of the Ng () clan), a Hakka immigrant from Guangdong who moved to Thailand (then known as Siam) during the reign of King Chulalongkorn (Rama V, 1868–1910). He established himself in the timber industry, setting up shop in 1901 and later expanding into rice milling. He married two wives and had six children. His third son, Ung Yuk Long, inherited the business and led the family's most dominant branch. Yuk Long had three wives, with six sons and six daughters. His second wife Thongyu, a daughter of the Wanglee family, was the mother of the three of his sons— Choti, Chulin and Kasem L ...
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Thai Bankers
Thai or THAI may refer to: * Of or from Thailand, a country in Southeast Asia ** Thai people, the dominant ethnic group of Thailand ** Thai language, a Tai-Kadai language spoken mainly in and around Thailand *** Thai script *** Thai (Unicode block) People with the name * Thai (surname), a Vietnamese version of Cai, including a list of people with the name * Thai Lee (born 1958), an American businesswoman * Thai Nguyen, US-based Vietnamese fashion designer and television personality Other uses * Thai (cannabis), a name for the drug * Thai Airways, the national airline of Thailand * Thai cat, a breed of cat * Thai, a month in the Tamil calendar * Toe to Heel Air Injection (THAI), a method of extracting oil from oil sands See also * * Dai (other) * Tai (other) * Tay (other) * Thais (other) * Thay (other) * Tie (other) * Siam (other) * Tai peoples or Thai peoples, the ethnic groups of southern China and Southeast ...
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People From Meixian District
A person ( : people) is a being that has certain capacities or attributes such as reason, morality, consciousness or self-consciousness, and being a part of a culturally established form of social relations such as kinship, ownership of property, or legal responsibility. The defining features of personhood and, consequently, what makes a person count as a person, differ widely among cultures and contexts. In addition to the question of personhood, of what makes a being count as a person to begin with, there are further questions about personal identity and self: both about what makes any particular person that particular person instead of another, and about what makes a person at one time the same person as they were or will be at another time despite any intervening changes. The plural form "people" is often used to refer to an entire nation or ethnic group (as in "a people"), and this was the original meaning of the word; it subsequently acquired its use as a plural form of pe ...
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1879 Births
Events January–March * January 1 – The Specie Resumption Act takes effect. The United States Note is valued the same as gold, for the first time since the American Civil War. * January 11 – The Anglo-Zulu War begins. * January 22 – Anglo-Zulu War – Battle of Isandlwana: A force of 1,200 British soldiers is wiped out by over 20,000 Zulu warriors. * January 23 – Anglo-Zulu War – Battle of Rorke's Drift: Following the previous day's defeat, a smaller British force of 140 successfully repels an attack by 4,000 Zulus. * February 3 – Mosley Street in Newcastle upon Tyne (England) becomes the world's first public highway to be lit by the electric incandescent light bulb invented by Joseph Swan. * February 8 – At a meeting of the Royal Canadian Institute, engineer and inventor Sandford Fleming first proposes the global adoption of standard time. * March 3 – United States Geological Survey is founded. * March 11 – Th ...
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1948 Deaths
Events January * January 1 ** The General Agreement on Tariffs and Trade (GATT) is inaugurated. ** The Constitution of New Jersey (later subject to amendment) goes into effect. ** The railways of Britain are nationalized, to form British Railways. * January 4 – Burma gains its independence from the United Kingdom, becoming an independent republic, named the ''Union of Burma'', with Sao Shwe Thaik as its first President, and U Nu its first Prime Minister. * January 5 ** Warner Brothers shows the first color newsreel (''Tournament of Roses Parade'' and the '' Rose Bowl Game''). ** The first Kinsey Report, ''Sexual Behavior in the Human Male'', is published in the United States. * January 7 – Mantell UFO incident: Kentucky Air National Guard pilot Thomas Mantell crashes while in pursuit of an unidentified flying object. * January 12 – Mahatma Gandhi begins his fast-unto-death in Delhi, to stop communal violence during the Partition of India. * January 1 ...
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