Corporate Profile
King Power is a Thai company regarded as the pioneer of the travel retail industry who had built and enjoyed a global reputation for more than 3 decades.
King Power is dedicated to relentlessly develop ourselves in order to enhance the potentials of the Thai tourism industry in all aspects.
King Power was granted by the Thai Government to open the first downtown duty-free retail shop in 1989, becoming Thailand’s pioneer in the industry. The Corporation has been recognised as a leading duty-free retailer in Asia and has earned the status as the “King of Duty Free”.
King Power later obtained a concession to operate duty-free retail business at Suvarnabhumi Airport and was commissioned to manage all commercial areas within the airport. Further, King Power granted permission to expand operations to include Chiang Mai, Phuket, and Hat Yai international airports, starting in 2006 to the present day.
King Power Story
2023
Granted permission to operate the business of installing billboards inside the passenger terminal building of Phuket International Airport
2022
Opening of The Standard Bangkok Mahanakhon,
Asia’s First Flagship Hotel.
2022
FIRSTER, Online/Offline Shopping Platform company was established with branches at King Power Mahanakhon and Siam Square Soi 7.
2021
Leicester City Football Club won the Emirates FA Cup
and FA Community Shield
2020
OH Leuven Football Club, promoted to Jupiler Pro League.
2020
Grand opening of Mahanakhon CUBE, a new lifestyle mall in the heart of the city with a comprehensive variety food restaurants and other various service facilities.
2020
Received permission to operate a duty-free shop at Phuket International Airport, Chiang Mai International Airport and Hat Yai International Airport.
Permitted to install advertising media at jet bridges at Phuket, Chiang Mai, Hat Yai, Mae Fah Luang, and Chiang Rai airports.
2020
Received permitted to be a duty-free shop operator at Suvarnabhumi Airport
Authorised project manager of commercial activities within Suvarnabhumi Airport
Granted permission to operate the business of installing billboards inside the passenger terminal building of Suvarnabhumi Airport.
2019
Changed the name of the King Power Foundation to the
Vichai Srivaddhanaprabha Foundation to commemorate and continue the virtues of Khun Vichai Srivaddhanaprabha.
2019
Received permission to operate as a duty-free shop operator at Terminal 2, U-Tapao Rayong-Pattaya International Airport.
Received permission to operate a duty-free shop, under luxury products category, at Passenger Terminal 1, Chek Lap Kok Airport of Hong Kong Special Administrative Region of the People’s Republic of China.
2018
Established Multiply By Eight, a product development company that creates unique identity for products with design and innovation.
2018
Began to undertake management responsibility of King Power Mahanakhon, consisting of hotels, restaurants, viewpoint, and the 5th downtown duty-free shop.
Granted permission to operate the business of installing billboards inside the passenger terminal building of Don Muang International Airport.
2017
Leicester City football club qualified 8th runner up team in the
UEFA Champions League (Season 2016/2017)
2017
King Power Rangnam was relaunched after undergoing a major renovation project to offer not only world-class shopping experience, but also legendary dining experience with the grand opening of Thai Taste Hub famous street food centre.
Commissioned to carry out the installation of translucent advertising media on light box signs surrounding AOT’s poles and digital billboards at Suvarnabhumi Airport.
2017
Established King Power Thai Power, a social project to support the potentials of Thai people.
2017
Established “King Power Racing Team”, a horse racing team based in the United Kingdom.
2017
Established King Power Click to operate online product distribution business.
2017
Acquired Oud-Heverlee Leuven Belgium and changed the club’s name to OH Leuven.
Licensed to manage commercial activity projects at Passenger Terminal, Terminal 1 of Don Mueang International Airport.
2016
Authorised by Thai AirAsia Co., Ltd. to manage and operate the in-flight duty-free distribution project of Thai AirAsia (for the 2nd time).
2016
Leicester City football club won the Premier League title for the first time in the club’s 132-year history (Season 2015/2016).
2016
Moved the duty-free shop from the old terminal building to the new terminal building at Phuket International Airport.
Received permission to manage commercial activity areas at the Passenger Terminal (new terminal), Phuket International Airport.
Granted permission to operate the business of installing billboards inside the passenger terminal building of Phuket International Airport (new terminal).
2015
Opened the 4th duty free shop in the city at King Power Phuket Complex
Granted permission to operate advertising billboard installation business inside the passenger terminal building of Phuket International Airport.
2014
Authorised by Thai AirAsia X Co., Ltd. to manage and operate in-flight duty-free distribution project on Thai AirAsia X.
Granted permission to operate advertising billboard installation business inside the passenger terminal building of Chiang Mai International Airport.
2014
Leicester City football club promoted to the Premier League (Season 2014/2015).
2014
Leicester City football club won the EFL Football Championship (Season 2013/2014).
2013
Opened the 3rd downtown duty-free shop at
King Power Srivaree Complex.
2012
Authorised by Thai Airways International Public Company Limited to manage and operate Thai Smile Airways’ in-flight duty-free goods distribution project.
2012
Granted permission to carry out duty-free goods distribution at Don Mueang International Airport when the airport was back in service after the new terminal expansion.
Granted permission to operate the business of installing billboards inside the passenger building at B1 floor of Suvarnabhumi Airport.
2011
Opened the 2nd duty-free shop in the city at King Power Pattaya Complex.
2010
Authorised by Thai AirAsia Co., Ltd. to manage and operate in-flight duty-free distribution project of Thai AirAsia (1st Time).
2010
King Power acquired Leicester City Football Club, England.
2009
Received the Garuda emblem (Phra Garuda) from His Majesty King Bhumibol Adulyadej Borommanatbophit.
2008
Aksara King Power Theatre at King Power Rangnam was opened for service.
Granted permission to operate as a business entity installing advertisements on luggage carts for passengers at Suvarnabhumi Airport.
2007
Received permission from Thai Airways International Public Company Limited to manage and operate Thai Airways’ in-flight duty-free distribution project (for the 2nd time).
2007
Grand opening of Pullman Bangkok King Power.
2006
Moved downtown duty-free shops from Mahatun Plaza and the World Trade Centre buildings to King Power Downtown Complex, Rangnam Road.
2006
Granted permission to operate as a duty-free retailer at Suvarnabhumi Airport.
Granted permission to manage commercial activity projects at Passenger Terminals, Suvarnabhumi Airport.
Granted permission to operate as a business entity installing billboards inside the passenger terminal at Suvarnabhumi International Airport.
2006
Granted permission to operate a duty-free retail business at Phuket International Airport.
2006
Granted permission to operate a duty-free retail business at Chiang Mai International Airport.
2006
Granted permission to operate a duty-free retail business at Hat Yai International Airport.
2004
King Power Foundation was established to create better lives and opportunities for children and people in society, education, and public health.
1999
Authorised by Thai Airways International Public Company Limited to manage and operate the in-flight duty-free distribution project of
Thai Airways (1st time).
1997
Authorised to be a duty-free business operator at Don Mueang International Airport, Phuket International Airport, Chiang Mai International Airport and Hat Yai International Airport.
1997
Began to operate downtown duty-free shop at the World Trade Centre (Central World Shopping Centre at present).
1995
Permitted to open a duty-free shop at Kai Tak Airport in Hong Kong’s Special Administrative Region of the People’s Republic of China.
1995
Authorised to operate as a souvenir shop operator at the Great Wall of China in Beijing.
1993
Permitted to operate a business selling products and souvenirs at
Don Mueang International Airport.
1991
Began expanding the business overseas for the first time by operating a licensed duty-free store at Pochentong International Airport in Phnom Penh, Cambodia.
1989
King Power began by being granted a license for Thailand’s first downtown duty-free shop at Mahatun Plaza Building.
