This article is about a Thai family. For other uses, see Sarasin.
This article may need to be rewritten to comply with Wikipedia's quality standards. You can help. The talk page may contain suggestions.(November 2011)
The Sarasin family (Thai: สารสิน) refers to a wealthy assimilated Thai Chinese business clan that rose to prominence during the 19th century. The family monopolised a number of bureaucratic offices and established a number of key businesses, one of which – the Thai Pure Drinks Co. Ltd – remains to this day and is co-owned by the family. The entrenched status of the Sarasin clan has been noted by many Thai historians and sociologists as exemplifying the successful integration of Chinese immigrants in Thailand throughout the 19th and 20th centuries, and their descendants' subsequent influence on Thailand's economy and politics.
Members of the Sarasin family include former Thai prime minister and SEATO secretary-general Pote Sarasin;[1]Thian Hee (aristocratic title: Phraya Sarasinswamiphakdi); former deputy prime minister and influential businessman Pong Sarasin;[2] former police chief general and interior minister Pao Sarasin; former foreign minister and royal secretary Arsa Sarasin. Patee Sarasin, a son of Arsa Sarasin, was the longtime CEO of Nok Air.[3] The Sarasin family, along with the Lamsam and the Wanglee families, have been included in a number of academic studies[4] about elite Thai-Chinese control of business corporations and the consolidation of control through political means. The family's political legacy has often resulted in its comparison to the Kennedy family in the United States.[5]
Family historyedit
The Sarasin family's passage into the political and economic arena was largely due to the pioneering entrepreneurialism of Thian Hee – the first member of the family to be elevated to noble status and to be bestowed with a Thai surname. Thian Hee, although already a wealthy rice trader, contributed to the family's economic status by investing in a number of industries, establishing the family's reputation in Bangkok. Thien Hee was the first Thai doctor to graduate from Columbia University in New York city and was the first medical doctor in the Royal Thai Army[6] He participated in various campaigns during the Thai-Laotian wars of 1865–1890. Thien Hee was awarded for his medical expertise as well as his loyalty, and was thus elevated to noble rank. Having retired from the army he pursued his business interests, amassing a considerable wealth and establishing many major Thai corporations – such as Siam Cement Public Co. Ltd[7] – of which his grandchildren and great-grandchildren sit on the board. His son, Pote, continued and strengthened the family's political and business legacy by cultivating ties with the royal family and other bureaucratic elites. Pote became an influential statesman, serving as Prime Minister in 1957 under the coup-installed government when Field Marshal Sarit Thanarat seized power. Pote became instrumental in maintaining diplomatic relations between the Thai military government and the United States during the 1950s.[8][9]
Legacyedit
Pote became the family patriarch and expanded his family's business holdings during Thailand's dramatic economic development, which coincided with the rise of the "Tiger Economies" of South-east Asia. The family currently controls, through its possession of shares, a number of large corporations in Thailand, notably Thai Pure Drinks Co. Ltd,[10] the sole bottler for Coca-Cola in Thailand. Other corporations include the Home Product Centre Public Co. Ltd,[11] Honda Automobile (Thailand) Co. Ltd and the Sarasin Co. Ltd. Due to the family's penetration into the upper echelons of society, "Sarasin" became synonymous with wealth and respectability during the 19th century. A number of national landmarks continue to represent the family's heritage, such as the Sarasin Road and the Sarasin Building in Bangkok, or Sarasin Bridge, connecting Phuket to mainland Thailand.[citation needed]
Referencesedit
^Ramalingam, Albert (11 August 1987). "The Powerful Sarasin Family of Thailand". The Straits Times.
^Thai Airways, Tiger And Nok May Face Political Headwinds
^Bertrand, Marianne; Simon Johnson; Krislert Samphantharak; Antoinette Schoar (June 2008). "Mixing family with business: A study of Thai business groups and the families behind them" (PDF). Journal of Financial Economics. 88 (3): 466–498. doi:10.1016/j.jfineco.2008.04.002. Retrieved 21 May 2008.
^Baker, Chris (2005). A History of Thailand. Cambridge University Press. pp. 98, 148, 154. ISBN978-0-521-81615-1.
^Fineman, Daniel (1997). A Special Relationship: The United States and Military Government in Thailand, 1947–1958. University of Hawaii Press. ISBN978-0-8248-1818-0.
^Winichakul, Thongchai (1994). Siam Mapped: A History of the Geo-body of a Nation. University of Hawaii Press. ISBN978-0-8248-1974-3.
^"Thai Pure Drinks Co., Ltd. Beverages, Soft Drinks Manufacturer – Bangkok Thailand Company Profiles". Bangkokcompanies.com. Retrieved 2011-12-03.
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This article is about a Thai family For other uses see Sarasin This article may need to be rewritten to comply with Wikipedia s quality standards You can help The talk page may contain suggestions November 2011 The Sarasin family Thai sarsin refers to a wealthy assimilated Thai Chinese business clan that rose to prominence during the 19th century The family monopolised a number of bureaucratic offices and established a number of key businesses one of which the Thai Pure Drinks Co Ltd remains to this day and is co owned by the family The entrenched status of the Sarasin clan has been noted by many Thai historians and sociologists as exemplifying the successful integration of Chinese immigrants in Thailand throughout the 19th and 20th centuries and their descendants subsequent influence on Thailand s economy and politics SarasinsarsinParent familyHuang familyCurrent regionBangkokPlace of originThailandFounded1917FounderThian Hee SarasinConnected familiesHouse of ChakrabandhuHouse of AbhakaraHouse of KitiyakaraHouse of TisakulaHouse of SucharitakulJotikasthira family citation needed Contents 1 Key family members 2 Family history 3 Legacy 4 References 5 External linksKey family members editMembers of the Sarasin family include former Thai prime minister and SEATO secretary general Pote Sarasin 1 Thian Hee aristocratic title Phraya Sarasinswamiphakdi former deputy prime minister and influential businessman Pong Sarasin 2 former police chief general and interior minister Pao Sarasin former foreign minister and royal secretary Arsa Sarasin Patee Sarasin a son of Arsa Sarasin was the longtime CEO of Nok Air 3 The Sarasin family along with the Lamsam and the Wanglee families have been included in a number of academic studies 4 about elite Thai Chinese control of business corporations and the consolidation of control through political means The family s political legacy has often resulted in its comparison to the Kennedy family in the United States 5 Family history editThe Sarasin family s passage into the political and economic arena was largely due to the pioneering entrepreneurialism of Thian Hee the first member of the family to be elevated to noble status and to be bestowed with a Thai surname Thian Hee although already a wealthy rice trader contributed to the family s economic status by investing in a number of industries establishing the family s reputation in Bangkok Thien Hee was the first Thai doctor to graduate from Columbia University in New York city and was the first medical doctor in the Royal Thai Army 6 He participated in various campaigns during the Thai Laotian wars of 1865 1890 Thien Hee was awarded for his medical expertise as well as his loyalty and was thus elevated to noble rank Having retired from the army he pursued his business interests amassing a considerable wealth and establishing many major Thai corporations such as Siam Cement Public Co Ltd 7 of which his grandchildren and great grandchildren sit on the board His son Pote continued and strengthened the family s political and business legacy by cultivating ties with the royal family and other bureaucratic elites Pote became an influential statesman serving as Prime Minister in 1957 under the coup installed government when Field Marshal Sarit Thanarat seized power Pote became instrumental in maintaining diplomatic relations between the Thai military government and the United States during the 1950s 8 9 Legacy editPote became the family patriarch and expanded his family s business holdings during Thailand s dramatic economic development which coincided with the rise of the Tiger Economies of South east Asia The family currently controls through its possession of shares a number of large corporations in Thailand notably Thai Pure Drinks Co Ltd 10 the sole bottler for Coca Cola in Thailand Other corporations include the Home Product Centre Public Co Ltd 11 Honda Automobile Thailand Co Ltd and the Sarasin Co Ltd Due to the family s penetration into the upper echelons of society Sarasin became synonymous with wealth and respectability during the 19th century A number of national landmarks continue to represent the family s heritage such as the Sarasin Road and the Sarasin Building in Bangkok or Sarasin Bridge connecting Phuket to mainland Thailand citation needed References edit Ramalingam Albert 11 August 1987 The Powerful Sarasin Family of Thailand The Straits Times The Cabinet Cabinet thaigov go th Retrieved 2011 12 03 Thai Airways Tiger And Nok May Face Political Headwinds Bertrand Marianne Simon Johnson Krislert Samphantharak Antoinette Schoar June 2008 Mixing family with business A study of Thai business groups and the families behind them PDF Journal of Financial Economics 88 3 466 498 doi 10 1016 j jfineco 2008 04 002 Retrieved 21 May 2008 Baker Chris 2005 A History of Thailand Cambridge University Press pp 98 148 154 ISBN 978 0 521 81615 1 Baker Chris 2016 The 2014 Thai Coup and Some Roots of Authoritarianism Journal of Contemporary Asia 46 3 401 doi 10 1080 00472336 2016 1150500 ISSN 0047 2336 The Siam Cement Group Siamcement com Retrieved 2011 12 03 Fineman Daniel 1997 A Special Relationship The United States and Military Government in Thailand 1947 1958 University of Hawaii Press ISBN 978 0 8248 1818 0 Winichakul Thongchai 1994 Siam Mapped A History of the Geo body of a Nation University of Hawaii Press ISBN 978 0 8248 1974 3 Thai Pure Drinks Co Ltd Beverages Soft Drinks Manufacturer Bangkok Thailand Company Profiles Bangkokcompanies com Retrieved 2011 12 03 Issuer Detail Thaibma or th Retrieved 2011 12 03 External links edit 1 http www cambridge org aus catalogue catalogue asp isbn 9780521759151 amp ss ind http www thaibma or th bond info issuer details aspx id 22706 http www bangkokpost com business company in thailand listing home product center pcl 822 Retrieved from https en wikipedia org w index php title Sarasin family amp oldid 1197797869, wikipedia, wiki, book, books, library,
