(Photo: Banyan Tree Holdings) In a way, the answers you get to this question you ask at every stage of your life depends on how deep you want to go. We had trading companies, manufacturing, contract manufacturing, and we were all over the place. We have more youth-oriented brands and funkier brands too. Has the âwaveâ changed with the COVID-19? Mr Ho: Iâve often said that I think they all build up and contribute to the final thing. Main photo: Former SMU Chancellor Mr Yong Pung (2nd from left) standing next to his official portrait which will be hung in the SMU Boardroom, together with (left to right) SMU Chairman Mr Ho Kwon Ping, SMU Chancellor Mr J Y Pillay and SMU President Prof Arnoud De Meyer. First of all, we are not the investor. Lijiang reflected many aspects of the Chinese culture and the beauty of its natural landscape. Mexico is very close to what Thailand is like and both the countries have very unique cultures, with natural resources and cultural attractions. What did you find you had been lying to yourself about given that you say jail was a time when you found that you could no longer lie to yourself? Ho Kwon Ping is founder and executive chairman of Banyan Tree Holdings and founding chairman of the Singapore Management University. People would think you were crazy because the hotel had no beach. Even if we do adopt a more stylish approach to our brand voice, the culture of our company stays the same – not to brag about ourselves and to be garish, but more to be authentic, and highlight our brandsâ DNAs in relevance to the themes emerging in the market in an authentic way. In the process of answering this question, it helps you a little bit more in terms of how you study and where you want to go etc. If it is responsible and something serious and youâre saying it seriously and youâve thought it through and asked why and can defend it, then by all means, say it and do it. Back then, there was nothing much in Phuket. 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. Employee Satisfaction. However, we immediately thought of Mandai in the same way that we did when we started our hotel in Lijiang, China. Mr Ho Kwon Ping, SMU Chairman, at the launch of the SMU School of Law building on Wednesday, 15 March 2017 Guest of Honour, Prime Minister Lee Hsien Loong; The Honourable the Chief Justice Sundaresh Menon; Distinguished guests, ladies and gentlemen; A very good morning to all of you. Some of them are pretty unpleasant personal caricatures, which I find quite distasteful. We innovated quite a bit, but innovation doesnât drop from the sky. In fact, there is a lot of wellness associated with it. Which of the many fields in which you are a leader - civil society, business, education and academia, and journalism - do you hold to be key to who you are? There may other things I can do too: Iâm going to be getting two more grandchildren, so maybe Iâll be a purposeful grandfather. Regret technically means you feel bad about something youâve done even though you can do nothing about it. Mr. Ho will be presented with the award at the 30th annual HICAP scheduled for 23-25 October 2019 at the Kerry Hotel Hong Kong. PHOTO: Getty Images. That if I did this I would be thrown out. If you want to tap their market, you have to go to them. It was, though, not always so smooth and successful a ride. Youâre disoriented. I clearly wasnât going to be that, so I was pretty quickly honest with myself and saying, âYou just get out and start life over againâ. That really was an example of the foolishness of youth. If you were a city hotel, you would never consider Mandai. For someone now running a large multinational company, Ho Kwon Ping's early career is … So I got in there – a stupid student at 19 years old – got thrown out. About the alumnus: Mr Ho Kwon Ping is currently the Executive Chairman of Banyan Tree Holdings and the Chairman of the Singapore Management University. For entrepreneurs, you have to see what trends or waves in society that are heading your way, and then try to get on the surfboard and ride as best as you can to reach the shore. This supports the point that whenever you have a varied career, and you end up doing something – you may have been a chef and then you end up a banker – in some odd way, though you will never realise until maybe later on in life when you look back, but your experience as a chef probably, in some way, influenced you and made you different as a banker. After a while, I realise that the more you produce, the harder you run because the more you produce, you become more dependent on the guy who is buying from you. So, from there, we designed our first hotel and tried to get people to invest. IPS-Nathan Lecture III - Security and Sustainability by Mr Ho Kwon Ping - Duration: 1:53:45. All content published on this website is the sole and exclusive property of, and belongs to, Advisory, the originator of the content unless stated otherwise, and cannot be reproduced, in part or whole, on any other platform, and in any language or medium, without the express consent of Advisory issued prior in written correspondence. Mr Ho Kwon Ping. I can say things that are very abstract and mean it: I study for knowledge; I study to know more about the world. As to the things I needed to know for my career, Iâm already past it, so the things Iâm interested in studying and reading now are really to enrich myself and answer more questions of the world. We also felt that our Mexico ventures would be a good spearhead or stepping stone for us to get into the rest of Latin America. The Art of Culture in Hospitality. I donât buy that. Ho Kwon Ping 2014/15 S R Nathan Fellow for the Study of Singapore 5 February 2015 Auditorium, Shaw Foundation Alumni House, NUS . We were also the first to do tropical garden spas. By submitting this form, I agree to these, Executive Chairman of Banyan Tree Holdings: Mr Ho Kwon Ping. Being an avid writer, he has also penned two books: Australian export sectors facing challenges in international trade, Singapore’s hawker culture included on UNESCO intangible cultural heritage list, Banyan Tree Group Stays Resilient Amidst An Extended Recovery Outlook, Louis Vuitton to open store in Italian ski resort Cortina. Iâll see what the future brings. editor 2019-06-12T04:25:32+00:00. What advice would you have for entrepreneurs today? Today, he has prevailed over these troubles and is a respected figure in business, civil society, education and academia. The Millennial Perspective. The Culture Embassy Pte Ltd. All rights reserved. That was a time of life and death. He is also the founding and current Chairman of the Board of Trustees of Singapore Management University and Chairman of The Singapore Summit. I was about 29 or 30 then, and I didnât start Banyan Tree until I was 40. From a journalist to forging the brand of Banyan Tree, the journey has been amazing. I realised I wasnât a Nelson Mandela; I didnât have a cause. What is the purpose you would say you have found for your life? Associate Development. Advisory is a fully youth-led non-profit dedicated to empowering young Singaporeans to make informed decisions about their futures. Innovation is a response to actual needs. Executive Chairman Banyan Tree Holdings. Our hotels are full of culture. Mr Ho: My familyâs my purpose. So, in our context, I fully support many of the restraints on free speech that we have in Singapore, but not all. Mr. Ho Kwon Ping – Laguna Resorts and Hotels Public Company Limited. Business 13 Jul 20. He was the Economics Editor of the Far Eastern Economic Review in Hong Kong before he joined the family business in 1981. It is not always the greatest surfer who successfully rides the waves. I was just a middle-class kid, who was very liberal in his beliefs, criticising things. My whole point to young people is: find a purpose. Discover hundreds of talks from the world's creative community at … Honoured for his contributions and accomplishments in the hotel industry in the Asia Pacific region and globally, Mr Ho is the only two-time recipient of Hotel Investment Conference Asia Pacific – HICAPâs Innovation Award (2003) and Lifetime Achievement Award (2019) in its 30-year history. We wanted to go into the Caribbean, so we are now into Bahamas. If you ask what defines me, I wonât say journalism defines me because that was a starting career, I would probably say it’s education, with Singapore Management University (SMU), and business, with Banyan Tree. According to him, simply replacing the word “shareholder” with “stakeholder” in companies’ mission statements would be a catalyst for significant change. They refused to confess and for that, they stayed in jail for 20 over years. Executive Chairman, Banyan Tree Holdings. Senior Advisor : Mr. Ho Kwon Ping. In the artistic space, in civil society, a lot of people who have said things about the government or about issues havenât been jailed. Your mind then is your worst enemy, and you find you want to reign in your mind: you pretend to type letters with the typewriter to try and remember things, you try to create a story and remember – but you canât tame your mind. Iâve found that in my trade as a journalist, I learn what I call the art of asking questions, because in journalism – particularly, serious journalism – you have to ask pretty penetrating questions even though you donât have a lot of time, and you have to make conclusions because youâve got to write an article about something. You ask why, you get an answer and then you ask âwhy this?â, then âwhy that?â and âwhy so and so?â – until you get to an answer that is satisfactory to you. We are only part of this multi-billion-dollar project, in the sense that we manage the resort. And I did get charged, by the way. We are looking at projects in Central America. Mr Ho has also been conferred honorary doctorates by Johnson & Wales University and from Hong Kong Poly University. We are not hungry anymore and neither should we be – but we must be hungry for something and this is the challenge for Singapore. This is a huge project. The only thing that I planned to do was that I wanted to create a brand but at that time, I didnât have a clue what that brand would be all about. 1:53:45. Nobody does. In all these occasions, Mr Hoâs conviction to speak truth to power prevailed. Do you find that your approach to asking why, because it hasnât always gotten you success, has changed or been nuanced over the years? Ironically, I ask that question âWhy do I study?â with the same simplicity as a three-year-old, but with much greater depth in my answer. Mr Ho joined the Banyan Tree Group (“BT Group”) as Associate Director of Corporate Development in 2010. I didnât even mention this in my book, but there in National Service, I also got into trouble and went to the Detention Barracks for it. Opening Remarks by Mr Ho Kwon Ping, Conference Chairman of Singapore Summit, at the Singapore Summit, on 16 September 2017, at 8.30a.m. You canât be feeling guilty every day of your life. In jail, I was held in solitary confinement with no sense of day or night because the lights are on all the time, and no human interaction – you are taken out to go to the loo, taken out to go take a shower. Creative Director Lord’s Tailor Sdn Bhd. Noting that former Prime Minister Lee Kuan Yew has essentially created a hegemonic Singapore national identity for us, SR Nathan Fellow Mr Ho Kwon Ping said that Mr Lee’s recent passing serves as a poignant reminder about how it is now time to forge our own identity based on a collective of diverse identities and histories. Mr Yong Pung How, SMU Chancellor 2011–15. It was 6 years ago that I wrote Some Day, a short essay on the gay rights movement in Singapore. What do you wish you had known before you started out on your careers. 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. He is also the founding and current Chairman of the Board of Trustees of Singapore Management University and Chairman of … So, I found that in the rest of my career – be it with Banyan Tree or SMU or my other family businesses – in areas where you donât have domain expertise, and I have no domain expertise in education nor in hospitality, I could get by because I knew how to get to the heart of an issue by asking questions. All three family-owned companies are listed in Singapore and Thailand. In the conference’s 30-year establishment … (From left) Mr Philip Yim, Mr Mike Barclay, Mr Ho Kwon Ping and Mr Dharmali Kusumadi. Ho Kwon Ping is the founder of Banyan Tree, a worldwide chain of luxury resorts based in Asia. But I just bought it and it was a completely polluted piece of land that was very cheap. We will have more brands as such, but even if we have more stylish or funkier brands, our overall voice does not change. It is not against our values if we were to do a resort with a vineyard in Mexico or California. We in Singapore have our own specific context, as do many other countries, where you cannot say those things. The call comes from a diverse grouping of citizens and professionals like Mr. Ho Kwon Ping, the Chairman of Banyan Tree Holdings. His famous example at a graduation speech where he talked about how, before he dropped out of Reed College in Oregon, he actually had taken a course in calligraphy – and that was the whole origin of fonts, word processing for Apple. Of course, those who can are those who are very, very strong – people who endure detention who have a strong belief system, who know why theyâre there and so they can reinforce themselves. Instead, for us, it is a super prime location, and we are excited to be a part of it. He is also the founding and current Chairman of the Board of Trustees of Singapore Management University and Chairman of The Singapore Summit. In the wake of a devastating financial crisis, the Millennial generation has been challenged with the prospect of re-imagining corporate responsibility. And then, we came to the last piece of land, which doesnât have a beachfront at all. Dusit Thani did a great job managing it and then, we started doing more hotels. Nobody wanted to invest but at least, Dusit Thani was willing to manage it. “The Ho Rih Hwa Leadership in Asia Lecture Series serves as a unique platform for accomplished leaders within and beyond the Asia-Pacific region to come together and pave the way for a better future. Being able to control it is not an easy thing to do. I think for young people today, if they have an issue, they should really take it from the Nike slogan âJust do itâ – but know what you shouldnât do not because youâre scared of the government; you should constrain yourself for your own reasons. It is not at all a secondary location. Mr. Ho Kwon Ping is the Executive Chairman of Banyan Tree Holdings, a Singapore-based premium hospitality brand with global business interests. Mandai Park Holdings and Banyan Tree said the hotel will be … Explore celebrity trends and tips on fashion, style, beauty, diets, health, relationships and more. While you are out there, the waves keep coming towards you and you have to find a way to get on the waves and ride it. Itâs a legacy Iâm beginning gradually to pass on. Crafting the Banyan Tree Narrative. In life and business, it is a lot like that. And I said letâs start a spa but back then, nobody had any idea what a spa was. When you get to my age now, and I ask myself âWhy do I study?â, I probably now go deeper than the issue of careers etc., because my careerâs already gotten going. For example, right now, I am having more challenges with the pandemic than I had when we just started Banyan Tree. I got charged because I shouted and screamed at my officers, because I thought they were mistreating us, so I basically screamed an expletive at him. Youâre given nothing. Then, by luck, my wife, my brother and I were walking around Phuket in the 1980s. Employee Welfare. Will it ever change its course to becoming funkier or âflashierâ to win over consumers who prefer more funky or âshowyâ hospitality brands? Of course, part of my asking why would be: âWhy do you have such views?â, âWhy are you able to propagate these views?â, âWhy should we not engage you in a debate?â. started his career as a broadcast and financial journalist before joining his family business in 1981. Mr Ho: In terms of the questions I asked, they were completely different – a different set of questions but with the same origins. The line between being sucked into something and believing in something, the line between a fervent young idealist and crossing that line to become something of a terrorist or just something you would regret, isnât that broad a line. What was the inspiration behind the founding of Banyan Tree? delivered to your inbox. Did I waste my life?â I donât want to accuse them, because itâs completely unfair to them as young people whoâve grown up in affluent Singapore. I got in trouble at Stanford because of my being sceptical of the Vietnam War and in fact, in retrospect, I think Iâve been proven right compared to the Singapore establishment of that time, which thought that Vietnam was fighting a war of Communism and if the Vietnamese won the war – which they did – it would lead to the Domino Theory. Being very familiar with Thailand, we felt that we could understand the Mexican culture and environment. They do it, though in pretty bad taste – but they do it and theyâre not arrested. Itâs a spirit and an approach – a methodology. Mr Ho: The lie I was telling myself was that I was this revolutionary that was going to go and help change the world. Hotels, and Executive Chairman of Thai Wah Public Company, Mr Ho Kwon Ping was conferred the prestigious HICAP Lifetime Achievement Award at the recent 30 th annual Hotel Investment Conference Asia Pacific (HICAP) held in Hong Kong. banyantree.com. at Shangri-La Hotel, Singapore. IPS-Nathan Lectures Singapore: The Next Fifty Years - Lecture III: Security and Sustainability by Ho Kwon Ping. The concept of service is very ingrained in them. Hence, we looked around at American hotels but a lot of them hardly focus on culture and romance. Our approach promotes wellbeing through diversity, satisfaction, health, safety and welfare to increase productivity and improve employee and customer satisfaction and loyalty. You donât have freedom fighters and so on – you might get an Amos Yee. The consequence of this, though, is that they can be less aware of things, and so sleepwalk. You have to move on in life. Journalism was just a short period, however, Iâve often resonated with Steve Jobsâ point about how everything that you do in life, you never know when and how, but it comes back to influence you later on. Mexicans themselves are naturally very hospitable people, like the Thais. 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 thing is that thereâs no external stimuli. So, we felt that to be associated with the Mandai Park Holdings was in alignment with our brand. You can insult somebodyâs race and religion – itâs okay, itâs freedom of speechâ. But when youâre a 24-year-old kid without really knowing, not really fighting for a cause or willing to die for a cause, just sort of big-mouthed and protesting against all sorts of things and suddenly you get thrown into confinement and lose all your bearings, itâs a frightful thing to be. Mr. Ho Kwon Ping, the Founder and Executive Chairman of Banyan Tree Holdings and Laguna Resorts and Hotels, and Executive Chairman of Thai Wah Public Company, is to receive a Lifetime Achievement Award from HICAP. Ho Kwon Ping at CreativeMornings Singapore, June 2015. Never miss a beat with MailOnline's latest news for women. Hence, through a confluence of an intention to start a brand, and pure luck, we thought of the name called Banyan Tree, which was the place where my wife and I lived while we were in Hong Kong, and we started the brand. Learn from something and not do it again. Business and Leisure. Sometimes, you would break out in a cold sweat because time just goes on and on, and you have no sensation of time – it just drags on. We, in our generation, created the environment for them to live in an affluent context. Mr Ho Kwon Ping Mr Ho Kwon Ping. I wish I knew all those things – but you never do. I came across a humongous piece of land and there were no drones back then, so we had no idea what the land looked like. Banyan Tree Group has always been championing sustainability and wellness, which are doing wonders for CSR (Corporate Social Responsibility) image. But my point would be: if you canât take the heat, donât be in the kitchen. Mr Kenny Loh Mr Kenny Loh. "Youth have expressed a desire [amidst COVID-19] to continue growing, developing, and upskilling, and I'm glad that Advisory's series of online Discovery+ industry panels and mentorship programmes are meeting these needs. Youâre disoriented in time also because sometimes itâs bright 24 hours round the clock so you could be starving and have no food and then you could get meals when youâre full. Again, it was a confluence of luck and opportunity. You donât get a Lee Kuan Yew or Lim Chin Siong any more. IPS-Nathan Lectures Singapore: The Next Fifty Years - Lecture II: Economy and Business by Ho Kwon Ping. 12 November 2014 1 Introduction Dear Straight People, I was recently asked by the founders of the Pink Dot movement to write something to commemorate the tenth edition of Pink Dot. You are naked to yourself. If you want to use that analogy, post-COVID-19, there are a lot of new waves that are going to be heading your way. editor 2019-06-12T04:36:25+00:00. Itâs not hardly their fault. 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. If you lose it all then, we lose it all. In Cuba, for example, we got two properties open, and two properties under construction. We were like a mini conglomerate. What would you like to see in the next generation? Try to put yourself in a box with no stimuli – nothing, no sound, nothing to see, no day, no night, no sensation of anything – see if your mind goes crazy. Illustration of Mandai Eco Resort. ", "With the support of the National Youth Council, Advisory provides youth with the opportunity to connect with working professionals from a wide range of sectors. In 1994, he launched Banyan Tree Hotels & Resorts and is currently Chairman of the Board of Trustees of Singapore Management University. Singapore, 5 November 2019 – Founder and Executive Chairman of Banyan Tree Holdings and Laguna Resorts and Hotels, and Executive Chairman of Thai Wah Public Company, Mr Ho Kwon Ping was conferred the prestigious HICAP Lifetime Achievement Award at the recent 30 th annual Hotel Investment Conference Asia Pacific (HICAP) held in Hong Kong. When you got nothing, the challenges arenât so bad. So, I borrowed some money from my dad and started this hotel. I am an accidental hotelier. Back in Singapore, having served National Service and getting some sense knocked into you, that you canât ask why too many times of your instructors otherwise theyâll charge you. This helps them gain a better understanding of the different career pathways available today. Iâm not a Chia Thye Poh. Or if you were a trading company, you would represent a whole range of products. There are also a lot of people on social media who say the most utterly ridiculous stuff – thatâs not responsible. These are things that I created and therefore I hope to leave a legacy behind through these. I never thought of planning to do a Banyan Tree. 90 percent of the guests staying at our hotels are Americans. I found time to get a girlfriend, get a motorbike and start writing articles about the political system – that got me into trouble and got me jailed. Feel sad, feel bad then move on. Itâs a very thin line and itâs usually the most sensitive, intelligent and idealistic people who become these people. Sometimes, they are ridiculed – perhaps by a Minister. Those times are not the times as these times. 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. All you needed to do was to confess whatever the authorities wanted you to confess and youâd be released. What’s new? This is a resort that we are doing with Mandai Park Holdings. Asking why is not a one-off thing; itâs a continuing, circuitous reasoning. He cited how the chairman of resort developer Banyan Tree, Mr Ho Kwon Ping, had said in an interview with Channel NewsAsia (CNA) published … Since then I have not been jailed, thankfully. I believe in learning lessons, but I donât believe in regret. Iâve encouraged civil society groups not to try to be fashionable and make irresponsible comments about the government, which I think is plainly unwise. You cannot have anti-Semitic views and open say them in France; if you do, you get jailed – itâs not freedom of speech for this. The entire South America is so huge and itâs like a whole world by itself. There is space in Singapore for you to do it. Banyan Tree was the first hospitality brand to do all-pool villas. They are both very vibrant, friendly, full of life and extremely hospitable. 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