Bangkok, Thailand, November 27, 2024 -- 
Wallapa Traisorat, CEO and President of Asset World Corp Public Company Limited (AWC), Thailand’s leading integrated lifestyle real estate group, has been honored with the Businesswomen of the Year 2024 award by the Thai Chamber of Commerce and the Board of Trade of Thailand. This prestigious award is recognition of Mrs. Wallapa’s outstanding business achievements and her role as an inspiration for women entrepreneurs, while underscoring the crucial contribution of women in driving Thailand’s economic and social development.
The award was presented during the 42nd National Chamber of Commerce Seminar to honor women with exceptional achievements, organized by the Thai Chamber of Commerce and the Board of Trade of Thailand. The event was presided over by Mr. Sanan Angubolkul, Chairman of the Thai Chamber of Commerce and the Board of Trade of Thailand. Also in attendance was Khunying Natthika Wattanavekin Angubolkul, Advisor to the Award Selection Committee. The ceremony took place on 23 November 2024, at NICE HALL, Nongnooch Tropical Garden, Pattaya, Chonburi Province.
Mrs. Wallapa Traisorat, CEO and President of Asset World Corporation Public Company Limited (AWC), said: “I am deeply honored and would like to express my gratitude to the Thai Chamber of Commerce and the Board of Trade of Thailand for the Outstanding Businesswoman of the Year 2024 award. I would also like to extend my congratulations to all the women entrepreneurs who received this award today. This prestigious recognition serves as an inspiration for all women in business to remain committed to contributing value to industries, society, and the nation, fostering sustainable growth.”
At a glance
- Company
- Asset World Corp Public Company Limited
- Ticker
- AWC
- Announcement
- Award
- Location
- Bangkok, Thailand
Key figures
- AWC total asset value in 2019
- over THB 90,000 million
- AWC total asset value in 2024
- more than THB 195,200 million
- Hotels, Resorts, and Cruise Lines industry ranking
- #1
- Sustainability Yearbook 2024 placement
- Top 1%
People
- Wallapa TraisoratCEO and President of Asset World Corp Public Company Limited
As the founder of AWC, Mrs. Wallapa has exemplified visionary leadership, steering the company through significant milestones. In 2019, she led AWC to its historic listing on the Stock Exchange of Thailand (SET), achieving largest IPO ever on the Stock Exchange of Thailand (SET) and the largest IPO globally in the global real estate sector in five years. This milestone marked a proud achievement for AWC, uniting a portfolio of world-class, award-winning projects to promote tourism while contributing to Thailand’s position as a sustainable global tourism destination.
AWC's commitment to driving industry growth through continuous project development has remained steadfast. Amidst the COVID-19 pandemic, AWC took every opportunity to care for all stakeholders, including employees, to the fullest extent. Despite the challenging circumstances, the company continued to pursue growth, creating jobs and generating comprehensive value for the economy and society. Under her leadership, AWC's total asset value increased from over THB 90,000 million in 2019 to more than THB 195,200 million in 2024. AWC remains confident in partnering with government and private sector allies, as well as communities, to achieve strong and sustainable growth.
In addition, Mrs. Wallapa’s visionary approach, encapsulated in AWC’s motto “Building a Better Future,” focuses on driving growth by creating comprehensive value for all stakeholders across the value chain. This vision is implemented through the 3BETTERs framework: Better Planet for environmental strategies, Better People for community sustainability, and Better Prosperity for governance and equitable economic growth. This framework aims to position Thailand as a leading destination for sustainable global tourism. AWC’s commitment has earned international recognition, including being ranked #1 in the Hotels, Resorts, and Cruise Lines Industry by S&P Global and achieving Top 1% in the Sustainability Yearbook 2024 by S&P Global. In 2023, AWC was also invited to join the Dow Jones Sustainability Indices (DJSI) by S&P Global, further solidifying its reputation for excellence in sustainability.


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Questions around this news
What recognition did Wallapa Traisorat receive in 2024?
The Thai Chamber of Commerce and the Board of Trade of Thailand honored Wallapa Traisorat with its Businesswomen of the Year 2024 award. The release says the recognition acknowledges her business accomplishments and her role as an example for women entrepreneurs. The award was presented during the organizations’ 42nd National Chamber of Commerce Seminar in Pattaya on November 23, 2024.
How did AWC’s reported asset value change under Wallapa Traisorat’s leadership?
The release reports that the company’s total asset value was over THB 90,000 million in 2019 and more than THB 195,200 million in 2024. It attributes the company’s direction to Traisorat’s leadership and describes continued project development and efforts to create value for the economy and society. These figures are the amounts stated in the release.
What does AWC’s 3BETTERs framework cover?
The framework groups the company’s approach into three areas: environmental action under Better Planet, community sustainability under Better People, and governance alongside broadly shared economic growth under Better Prosperity. According to the release, this approach is intended to support Thailand’s standing as a destination for sustainable international tourism and is connected to the company’s “Building a Better Future” motto.
What sustainability recognition does the release report for AWC?
The release says the company received a number-one industry ranking in Hotels, Resorts, and Cruise Lines from S&P Global and was placed in the top 1% of the Sustainability Yearbook 2024. It also reports that the company was invited to join the Dow Jones Sustainability Indices in 2023. These are recognitions described in the release, rather than independent assessments here.
Earlier from Asset World Corp Public Company Limited
- AWC Partners with SMBC to Support Thailand’s Goal of Becoming a Global Sustainable Tourism Destination with a THB 3,000 Million Sustainability-Linked Loan
- AWC Unveils the New Iconic Landmark of Thailand “EA” As the Largest and Highest Rooftop Lifestyle Destination in the Heart of Bangkok at The Empire.
- AWC Unveils Global Lifestyle Phenomenon at “EA”, Bangkok's Tallest and Largest Lifestyle Rooftop Destination at The Empire
- AWC Achieves Strong 2Q/2024 Performance with THB 1,246 Million Net Profit, Driven by a 24% Growth in Hospitality Business Unit YoY and a 63% Increase Compared to 2019, While Commercial Business Operations Set a New High in New Lease Agreements
- "Phenix" Project Debuts Its First World-Class Concert with Bossa Nova Queen Lisa Ono For "I Wish You Love: Lisa Ono Greatest Hits Live in Bangkok", Creating a New Lifestyle Space in the Heart of Bangkok