-- Central Pattana Plc manages centralwOrld, one of Thailand’s most visited retail centers, and has expanded its role to include education, public programming, and environmentally responsible design. For this work, the company received a 2025 Global Recognition Award for World-Class Leadership.
Photo Courtesy of centralwOrld
More than 50 million people visit centralwOrld each year. It has become a mixed-use destination offering shopping, public events, and learning opportunities. The award reflects Central Pattana’s ability to keep retail relevant by combining commercial activity with everyday services.
Central Pattana Plc, a subsidiary of Central Group, manages centralwOrld in Bangkok’s Ratchaprasong district. The development includes retail, food, entertainment, co-working, and educational spaces. The company has invested significantly in maintaining it as a daily-use destination for diverse visitors.The company opened its first shopping complex in 1982 and operates over 40 shopping centers across Thailand. centralwOrld is its most prominent location, focusing on large-scale urban commercial development.
Central Pattana built centralwOrld to serve commercial needs while providing public value. centralwOrld Square, an ample outdoor space, regularly hosts cultural events including Songkran, national holidays, and the most iconic countdown event on December 31, The World’s Great Celebration.
Additional resources include open corridors, natural light, and ease of navigation to make the mall more inclusive. These features broaden the mall’s accessibility for different types of visitors.
In 2024, Central Pattana reported revenue a record-breaking performance, with revenues soaring to 51,843 million Baht, net profits reaching 16,729 million Baht, and the highest-ever dividend of 2.1 Baht per share, an increase of nearly 20 percent from the previous year.
Industry organizations have acknowledged Central Pattana’s performance. In 2024, centralwOrld was named Mall of the Year by Retail Asia Awards and won Best Brand Performance on Social Media from the Thailand Social Awards in 2023.
Central Pattana aligns its operations with five guiding values—innovation, customer focus, partnership, relationship development, and ethics — which shape hiring, tenant support, staff development, and customer experience.
The leadership team has built long-term partnerships with local nonprofits, artists, and cultural institutions to extend the mall’s programming beyond commerce. These collaborations have supported community events, exhibitions, and education initiatives. The company also uses live feedback systems to improve decisions and service.
“centralwOrld shows how retail leadership can serve both business goals and community needs when grounded in measurable outcomes and long-term thinking,” says Alex Sterling, spokesperson for the Global Recognition Awards.
About Global Recognition Awards
Global Recognition Awards is an international organization that recognizes exceptional companies and individuals who have significantly contributed to their industry.
Contact Info:
Name: Alexander Sterling
Email: Send Email
Organization: Global Recognition Awards
Website: https://globalrecognitionawards.org
Release ID: 89164442
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