1959
Every great story has a beginning
Bangkok Inter-Continental Hotels Co., Ltd. was established with registered capital of 8 million baht.
MILESTONES
Discover siam piwat milestones
Discover the milestones of innovations and major events that have paved the way for Siam Piwat to become the Visionary ICON in the world’s retail and real estate development industry.
1962
Registered and paid-up capital was increased to 35 million baht.
1966
The first property project
Siam Inter-Continental Hotel was opened as the first 5-star international hotel in Thailand, and the first property project of the company.
1973
The First international shopping mall in Thailand
Siam Center opened as the first international standard shopping mall in Thailand and introduced shopping mall business to Thai retail market.
1993
Registered and paid-up capital was increased to 174 million baht to facilitate business expansion.
1997
The first lifestyle shopping mall in Thailand
Siam Discovery opened as the first lifestyle shopping mall, with the opening of Loft, the first renowned Japanese specialty store in Thailand, and Siam Piwat Tower, grade A office building at Pathumwan intersection in the same year.
2003
NEW CENTURY, NEW NAME
The company was renamed as Siam Piwat Company Limited on 28 January 2003.
2005
Siam Paragon: The first world-class luxury shopping center in Thailand. The Pride of Bangkok
Siam Paragon was opened as the first world-class luxury shopping center in Thailand with the highest private investment at the time, which helped restore foreign investor confidence to the country after economic crisis.
2006
THE FIRST WORLD-CLASS VENUE
Paragon Hall was launched as the world-class venue for all types of events in every scale that is strategically located in the heart of Bangkok, on the 5th floor of Siam Paragon.
2013
A major renovation of Siam Center. The first to transform shopping center into an experiential destination
Siam Center underwent a major renovation and reopened with a revolutionary concept as Siam Center – the Ideaopolis, an arena of limitless imagination and creativity where art, fashion, technology and lifestyle converge.
2015
Siam Piwat Academy
The launch of Siam Piwat Academy”, Thailand’s first institution that transfers knowledge and experience in shopping mall and property facility management to the interested public.
Siam Piwat has also collaborated with Chulalongkorn University and Thammasat University, to introduce Thailand’s first specific courses of facility management.
2016
A major renovation of Siam discovery. The first hybrid retail store in Thailand
Siam Discovery re-launched as Siam Discovery – the Exploratorium, the first and biggest lifestyle specialty store in Thailand, to deliver novel experiences and open opportunities for visitors to discover their true selves with this project, Siam Piwat’s role as a retailer has advanced to another level and become one of managing visitors’ experiences and emotions at the destination, rather than just one of managing products, categories and displays.
2018
The icon of Thailand: ICONSIAM. The Greatest Collaboration
The grand opening of ICONSIAM, a megaproject recognized at as a world-class destination and the icon of Thailand’s prosperity by the Chao Phraya River showcasing The best of Thailand meets the best of the world.
In the same year, Siam Piwat increased its registered and paid-up capital to 274 million baht.
2020
first true premium outlet experience
Siam Premium Outlets Bangkok was opened to bring the first true premium outlet experience with the world’s most recognized and popular brands to Thailand.
2021
a universe of ONLINE experiences
The launch of ONESIAM SuperApp, a smart platform that brings together experiences beyond expectations and exclusive privileges in one place and fuses the offline and online worlds into a universe of experiences that offers beyond shopping experience but also delivers diverse content based on latest trends and user interests.
2023
THONBURI LIFESTYLE COMPLEX
ICS opened as a lifestyle complex of the Thonburi area under a joint venture between a retail operator and a property developer.
