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The Erawan Group
The Erawan Group is a hospitality company of Thailand, formerly known as Amarin Plaza PCL. The company and its affiliates operate hotels, office buildings and shopping centers. The Erawan is headquartered in Bangkok and listed on the SET100 Index of the Stock Exchange of Thailand. History The Erawan Group was founded as the Amarin Plaza Company in 1982, a partnership between the Vongkusolkit and Wattanavekin families, in order to build and operate the Amarin Plaza shopping mall. It was the Vongkusolkits' first diversification into real estate, as the family, owners of the Mitr Phol Group, mainly did businesses in the sugar industry. The Wattanavekins were the founders of Kiatnakin Bank, and also had sugar and cane businesses. The project was conceived when Isara Vongkusolkit was offered a deal with the Srivikorn family, who owned the land on Phloen Chit Road near the Ratchaprasong Intersection. The company expanded into the hospitality industry in a government joint-venture ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Mitr Phol Group
Mitr Phol Group is Thailand's and Asia's biggest sugar and bio-energy producer. Mitr Phol Sugar Corp is a privately owned group of companies, mainly owned by the Vongkusolkit family. As of 2014, Mitr Phol is ranked as the world's fifth largest sugar producer, and the largest producer in Asia. It is Thailand's largest sugar producer and the second largest in China through its joint venture company East Asia Sugar. In addition to Thailand and China, Mitr Phol has operations and investments in Lao PDR, Cambodia, and most recently Australia. Its key business units include sugar, wood substitute materials, and renewable energy. History Mitr Phol sugar business was established as a small family business in Ban Pong District, Ratchaburi Province, producing and trading condensed syrup to sugar mills in 1946. In 1956, the company began to produce its own sugar. In 1983, Mitr Phu Kieo Sugar Mill was constructed in Phu Khiao District, Chaiyaphum Province, with a sugarcane processing ca ...
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Renaissance Ko Samui Resort And Spa
The Renaissance ( , ) , from , with the same meanings. is a period in European history marking the transition from the Middle Ages to modernity and covering the 15th and 16th centuries, characterized by an effort to revive and surpass ideas and achievements of classical antiquity. It occurred after the Crisis of the Late Middle Ages and was associated with great social change. In addition to the standard periodization, proponents of a "long Renaissance" may put its beginning in the 14th century and its end in the 17th century. The traditional view focuses more on the early modern aspects of the Renaissance and argues that it was a break from the past, but many historians today focus more on its medieval aspects and argue that it was an extension of the Middle Ages. However, the beginnings of the period – the early Renaissance of the 15th century and the Italian Proto-Renaissance from around 1250 or 1300 – overlap considerably with the Late Middle Ages, conventionall ...
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Courtyard By Marriott Bangkok
A courtyard or court is a circumscribed area, often surrounded by a building or complex, that is open to the sky. Courtyards are common elements in both Western and Eastern building patterns and have been used by both ancient and contemporary architects as a typical and traditional building feature. Such spaces in inns and public buildings were often the primary meeting places for some purposes, leading to the other meanings of court. Both of the words ''court'' and ''yard'' derive from the same root, meaning an enclosed space. See yard and garden for the relation of this set of words. In universities courtyards are often known as quadrangles. Historic use Courtyards—private open spaces surrounded by walls or buildings—have been in use in residential architecture for almost as long as people have lived in constructed dwellings. The courtyard house makes its first appearance ca. 6400–6000 BC (calibrated), in the Neolithic Yarmukian site at Sha'ar HaGolan, ...
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THE NAKA Island A Luxury Collection Resort & Spa Phuket
''The'' () is a grammatical article in English, denoting persons or things that are already or about to be mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with nouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a consonant sound, and as (homophone of the archai ...
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JW Marriott Bangkok
JW may refer to: *Jack Wills, a clothing company *Jehovah's Witnesses, a Christian religious group *'' John Wick'', an action film starring Keanu Reeves *Joko Widodo, 7th President of Indonesia, 16th Governor of Jakarta and 15th Mayor of Surakarta * ''Jurassic World'' (franchise), a media franchise * JW, a patient with a "split brain" *'' The Jewish War'', history book by Josephus * Vanilla Air (IATA code JW) ** Arrow Air, cargo airline 1947-2010 (IATA code JW) *⟨jʷ⟩, IPA for a labialized palatal approximant See also * WJ (other) WJ may refer to: * Jeep Grand Cherokee (WJ), a generation of Jeep Grand Cherokee * Air Labrador, based in Canada (IATA code WJ) * West Jersey Railroad, a predecessor of the West Jersey and Seashore Railroad * WestJet airlines * Wiking-Jugend, a G ...
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Grand Hyatt Erawan Bangkok
The Grand Hyatt Erawan is a luxury hotel in Bangkok, Thailand. It opened in 1991, replacing the ailing government-owned Erawan Hotel, on a corner of Ratchaprasong Intersection in the modern city centre. It is jointly owned by Thai hospitality company The Erawan Group and the government-owned company The Syndicate of Thai Hotels and Tourists Enterprises, which previously operated the Erawan, and is managed by Hyatt Hotels and Resorts. The hotel building was designed by Rangsan Torsuwan in a postmodern style employing traditional Thai elements, and features a shopping mall inside the building, known as Erawan Bangkok. The property is adjacent to the popular Erawan Shrine, which was built to alleviate bad luck during the construction of the original hotel. History The Grand Hyatt Erawan replaced the government-owned Erawan Hotel, which had been established on the southeast corner of Ratchaprasong Intersection in 1956. One of Bangkok's top luxury hotels in the 1960s, by the 198 ...
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Preferred Stock
Preferred stock (also called preferred shares, preference shares, or simply preferreds) is a component of share capital that may have any combination of features not possessed by common stock, including properties of both an equity and a debt instrument, and is generally considered a hybrid instrument. Preferred stocks are senior (i.e., higher ranking) to common stock but subordinate to bonds in terms of claim (or rights to their share of the assets of the company, given that such assets are payable to the returnee stock bond) and may have priority over common stock (ordinary shares) in the payment of dividends and upon liquidation. Terms of the preferred stock are described in the issuing company's articles of association or articles of incorporation. Like bonds, preferred stocks are rated by major credit rating agencies. Their ratings are generally lower than those of bonds, because preferred dividends do not carry the same guarantees as interest payments from bonds, and becaus ...
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1997 Financial Crisis
The Asian financial crisis was a period of financial crisis that gripped much of East Asia and Southeast Asia beginning in July 1997 and raised fears of a worldwide economic meltdown due to financial contagion. However, the recovery in 1998–1999 was rapid and worries of a meltdown subsided. The crisis started in Thailand (known in Thailand as the ''Tom Yam, Tom Yam Kung crisis''; th, วิกฤตต้มยำกุ้ง) on 2 July, with the financial collapse of the Thai baht after the Thai government was forced to floating currency, float the baht due to lack of list of circulating currencies, foreign currency to support its currency fixed exchange rate, peg to the U.S. dollar. Capital flight ensued almost immediately, beginning an international chain reaction. At the time, Thailand had acquired a burden of foreign debt. As the crisis spread, most of Southeast Asia and later South Korea and Japan saw slumping currencies, devalued stock markets and other asset prices, an ...
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Grand Hyatt Erawan
The Grand Hyatt Erawan is a luxury hotel in Bangkok, Thailand. It opened in 1991, replacing the ailing government-owned Erawan Hotel, on a corner of Ratchaprasong Intersection in the modern city centre. It is jointly owned by Thai hospitality company The Erawan Group and the government-owned company The Syndicate of Thai Hotels and Tourists Enterprises, which previously operated the Erawan, and is managed by Hyatt Hotels and Resorts. The hotel building was designed by Rangsan Torsuwan in a postmodern architecture, postmodern style employing traditional Thai elements, and features a shopping mall inside the building, known as Erawan Bangkok. The property is adjacent to the popular Erawan Shrine, which was built to alleviate bad luck during the construction of the original hotel. History The Grand Hyatt Erawan replaced the government-owned Erawan Hotel, which had been established on the southeast corner of Ratchaprasong Intersection in 1956. One of Bangkok's top luxury hotels in the ...
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Erawan Hotel
The Erawan Hotel ( th, โรงแรมเอราวัณ) was a luxury hotel in the Thai capital Bangkok. It was one of the first modern hotels built to accommodate the expansion of international air travel, and was operated by the government-owned company The Syndicate of Thai Hotels and Tourists Enterprises. It opened in 1956, following many delays which prompted the construction of the Erawan Shrine to ward off bad fortune. After initial struggles, the hotel prospered in the 1960s under the management of Chalermchai Charuvastr, who featured a Thai atmosphere in its decor and services, but declined in the following decades as it faced rising competition. The hotel stood until 1988, when it was demolished for redevelopment under a private joint venture. It reopened in 1991 as the Grand Hyatt Erawan. History Establishment During the post-World War II period, the government of Prime Minister Plaek Phibunsongkhram adopted a policy of promoting the hospitality industry in order ...
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Ratchaprasong Intersection
Ratchaprasong ( th, ราชประสงค์, ; also spelled ''Rajprasong'') is the name of an intersection, and a shopping district named after it, in Pathum Wan District, Bangkok, adjacent to the Siam area, at the BTS Skytrain's Chit Lom Station and the intersection of Phloen Chit, Rama I, and Ratchadamri Roads. The area is home to many shopping malls and hotels. Attractions * Erawan Shrine – A Hindu/Buddhist shrine in Bangkok, Thailand, that houses a statue of four-faced Brahma Sahampati, has regular dance performances put on by a troupe paid by worshippers whose prayers at the shrine were answered. * Eight other shrines are located in the area as well: Phra Mae Laksami (Lakshmi), Phra Mae Uma (Uma), Phra Trimurati (Trimurti), Phra Khanet (Ganesh), Phra In (Indra), Phra Narai Song Suban (Narayana riding on garuda), Phra Narai Song Nak (Narayana riding on naga), and Thao Chatulokkaban (Four Heavenly Kings). For Phra Trimurati has long been mistaken for Trimurti ...
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