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Ho Kwon Ping

Mr Ho Kwon Ping

Executive Chairman
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. All three family-owned companies are listed in Singapore and Thailand.

He is also the founding and current Chairman of the Board of Trustees of Singapore Management University and Chairman of The Singapore Summit.

Educated in Tunghai University, Taiwan; Stanford University, California and the University of Singapore, he was the Economics Editor of the Far Eastern Economic Review in Hong Kong before joining the Thai Wah family business and then starting his own companies.

Among various awards, Mr Ho has received the London Business School Entrepreneurship Award; CEO of the Year at the Singapore Corporate Awards; CNBC Travel Business Leader Award ; Distinguished Alumnus Award from the National University of Singapore; and Lifetime Achievement Awards from the American Creativity Association, China Hotel Investment Summit and Australia Hotel Investment Summit. 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 - HICAP’s Innovation Award (2003) and Lifetime Achievement Award (2019) in its 30-year establishment.

For his services to the country he has been decorated with the Meritorious Service Medal and the Distinguished Service Order by the Singapore Government. Mr Ho has also been conferred honorary doctorates by Johnson & Wales University and from Hong Kong Poly University.

He is the author of two books: Asking Why reflects his journey in journalism and entrepreneurship over a period of forty years, and includes articles commissioned by The Straits Times; while The Ocean in a Drop: Singapore in the next Fifty Years is a compilation of public lectures he gave as the Inaugural Fellow of the SR Nathan Lecture Series, named after the Sixth President of Singapore.

Mr. Ho is married to Claire Chiang, Senior Vice President, Banyan Tree Holdings. They have three children – two sons and a daughter and welcomed their first grandchild in 2015 as well as second and third grandchildren in 2018.

Last updated on 23 Oct 2020 .

Innovative Thoughts, Game Changing Ideas

The Straits Times, 2 May 2020

In a commentary, Mr Ho Kwon Ping discussed how the world will change when the Covid-19 pandemic passes. He opined that the pandemic is throwing up digital winners and losers, and intensifying US-China rivalry that will force regions like Asean to rethink their economic strategies. In addition, within Singapore, there will be soul-searching over structures of inequities.

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The Straits Times, 5 April 2016

In a commentary, Mr Ho Kwon Ping shared his views on the $4.5 billion Industry Transformation Programme, announced in the 2016 Budget. He argued that government attempts to increase economic productivity must move beyond broad initiatives such as the Productivity and Innovation Credit scheme which any enterprise can take advantage of, to highly targeted measures appropriate to the different needs of each industry sector. To boost productivity in construction, Mr Ho raised the idea of having a Housing Development Board subsidiary buying and leasing labour-saving equipment to smaller companies. He also pointed out that government-linked companies can create a system to partner selected small and medium-sized enterprises to go overseas, whether it be in logistics or consultancies, retail shops or other kinds of service or product providers.

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Mr Ho Kwon Ping, the first Institute of Policy Studies S R Nathan Fellow for the Study of Singapore, delivered five much-discussed lectures on Singapore: The Next 50 Years. Read his speeches below:
Lecture I: Politics and Governance (20 October 2014)
Lecture II: Economy and Business (12 November 2014)
Lecture III: Security and Sustainability (5 February 2015)
Lecture IV: Demography and Family (4 March 2015)
Lecture V: Society and Identity (9 April 2015)

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The Straits Times, 17 January 2012

At the Institute of Policy Studies’ annual conference themed, “Singapore Perspectives 2102 – Singapore Inclusive: Bridging Divides” held on 16 January 16 2012, SMU chairman Ho Kwon Ping sees the need to complete the wage revolution that was started in the 1980s in order to close the widening income gap. He discerns that Singapore has a dual-income economy: an internationally competitive and well-paid economy, and a low cost, low-skilled domestic economy. To bring about a more equal and self-reliant society, he urges that wages in the domestic service industries should be raised.

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The Business Times, 21 October 2011

Mr Ho shares that it is critical even for companies in non- high-tech industries to embark on innovation with a recognition that it is strategic to their own future.

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Bloomberg Television's, 12 September 2011

Ho Kwon Ping, founder and executive chairman of luxury resort operator Banyan Tree Holdings Ltd., talks about his life, career and business philosophy. Ho spoke in Singapore with Haslinda Amin on Bloomberg Television's "High Flyers."

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The Straits Times, 26 August 2011

Ho Kwon Ping, chairman of the board of trustees of SMU, writes that the future of Singapore politics is of vital concern to every Singaporean, but the battle for the minds of the electorate properly belongs in the realm of parliamentary elections.

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The Straits Times, 7 July 2011

Mr Ho Kwon Ping, Chairman of the SMU Board of Trustees, wrote in a commentary that while an elected president may have only custodial powers and ceremonial responsibilities, he may bear the burden of articulating the voice of the nation at its proudest, and rallying its people at the most dire of times.

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The Straits Times, 5 May 2011

Ho Kwon Ping, chairman of the board of trustees, writes in this commentary that Singapore may be moving deliberately yet irrevocably towards a First World electorate, and that if all goes well, the winner in this watershed election may well be Singapore's future.

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The Straits Times, 19 January 2011

When Mr Ho went to South America for two weeks recently, he went in search of the legacy of guerilla leader Che Guevara and to assess his answers to economic underdevelopment and inequality. He found no successful revolution there – only idealistic but botched movements and some measure of progress and hope for the future. On reflection, it is in fact in his own backyard, the island of Singapore, that the most significant socio-economic revolution has taken place. The answers to much of the Third World's malaise can be found in Singapore's own ascent from Third to First World. The challenge for Singapore then, is how to not drown in its own success. Singapore's biggest success, he said, has been the creation of a middle class society, but one which must not ever lose its edge, its slight paranoia and its unease at its own success.

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Annual Report

Read all about a year of progress and success at SMU. The concise review is divided into sections on SMU’s transformative education, impactful research and role as a city university, together with a Sustainability Report and Financial Review. Browse through the flipbook or download a PDF to read offline.

Download Annual report for 2019/20