# Tonson Group
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{{Short description|Thai investment company}}
'''Tonson Group''' is a diversified investment company based in [Bangkok](/source/Bangkok), [Thailand](/source/Thailand).
==History==
Tonson Group was founded in 2006 by [Chachchon Ratanarak](/source/Chachchon_Ratanarak). The Ratanarak family have substantial holdings in a number of Thai-based companies including [Bank of Ayudhya](/source/Bank_of_Ayudhya), Siam City Cement, Allianz Ayudhya Capital, Matching Maximize Studio, Medial Studio, Grand Canal Land and Eastern Star Real Estate as well as holding a majority stake in [Bangkok Broadcasting & Television Company (BBTV)](/source/BBTV_Channel_7), which operates Thailand's Channel 7.
Tonson Group has diversified investments in [Thailand](/source/Thailand) and internationally. Areas of particular focus include property and construction, leisure, media, new media and technology.[{{cite web|title=Tonson Group|url=http://www.tonsongroup.com/|publisher=tonsongroup.com}}] Tonson Group has a team of senior analysts supporting its investment strategy and operating in an advisory capacity within the Ratanarak Group.
Tonson Group’s office is in Tonson Tower, a prime office building in [Ploenchit](/source/Ploenchit), [Bangkok](/source/Bangkok) which, along with neighbouring Ploenchit Tower, is owned by the Ratanarak Group.[{{cite web|title=Emporis Building|url=http://www.emporis.com/building/tonsontower-bangkok-thailand|archive-url=https://archive.today/20130208045301/http://www.emporis.com/building/tonsontower-bangkok-thailand|url-status=usurped|archive-date=February 8, 2013|accessdate=27 April 2012}}]
Tonson Property, a subsidiary of Tonson Group, is one of the three property development companies in the Ratanarak Group. Tonson Group is developing Tonson Property as a luxury and ultra-prime property brand specialising in contemporary minimalist architecture and design.[{{cite web|title=Special Report: South East Asia's most iconic buildings (Part I)|url=http://www.property-report.com/special-report-south-east-asias-most-iconic-buildings-part-i-11316|accessdate=27 April 2012}}]
==Involvement with Rama III District==
[Chachchon](/source/Chachchon_Ratanarak)’s father [Krit Ratanarak](/source/Krit_Ratanarak) is reported to be taking a lead in the development of [Bangkok](/source/Bangkok)’s Rama III Riverside district in the central south west of the city.[{{cite news|title=Five from Thailand join 'Forbes' billionaires club|url=http://www.bangkokpost.com/business/economics/283544/five-from-thailand-join-forbes-billionaires-club|accessdate=23 March 2012|newspaper=Bangkok Post|date=9 March 2012}}][{{cite news|title=Tonson banking on Rama III revival|newspaper=Bangkok Post|date=5 August 2012}}] The Rama III area was referred to as the Wall Street of [Bangkok](/source/Bangkok) before the 1996 financial crisis.[{{cite web|last=Blackburn|first=Terry|title=Abhisit's vision for Bangkok: Property Report Exclusive Interview|url=http://www.property-report.com/abhisit%E2%80%99s-vision-for-bangkok-property-report-exclusive-interview-13363|work=Property Report|accessdate=27 March 2012|date=28 April 2011}}] Today it is again regarded as an up-and-coming district of central [Bangkok](/source/Bangkok) amid long-term moves to redevelop the area in the same fashion as London’s [Canary Wharf](/source/Canary_Wharf).[{{cite news|last=Srimalee|first=Somluck|title=Rama III road attracts many developers|url=http://www.nationmultimedia.com/home/2010/07/26/business/RAMA-III-ROAD-ATTRACTS-MANY-DEVELOPERS-30134535.html|archive-url=https://web.archive.org/web/20100730044140/http://www.nationmultimedia.com/home/2010/07/26/business/RAMA-III-ROAD-ATTRACTS-MANY-DEVELOPERS-30134535.html|url-status=dead|archive-date=July 30, 2010|accessdate=27 March 2012|newspaper=The Nation|date=26 July 2010}}] In 2010, the Rama III area saw the second highest increase in condominium prices in central [Bangkok](/source/Bangkok) after the central business district.[{{cite news|title=Townhouse and condo launches brisk|newspaper=Bangkok Post|date=28 August 2010}}]
The Rama III area has ample undeveloped land in large parcels that runs along the river and some of the city’s best transport infrastructure, including the [Bhumibol Bridge](/source/Bhumibol_Bridge) named after [Thailand](/source/Thailand)’s king who inaugurated the new bridge in 2010.[{{cite news|title=Interest rising down by the river|newspaper=Bangkok Post|date=26 June 2011}}][{{cite news|last=Barrow|first=Richard|title=Bhumibol Bridge In Samut Prakan|url=http://www.paknam.com/latest-news/bhumibol-bridge-in-samut-prakan.html|accessdate=27 March 2012|newspaper=Paknam|date=21 October 2009|url-status=dead|archiveurl=https://web.archive.org/web/20120625204127/http://www.paknam.com/latest-news/bhumibol-bridge-in-samut-prakan.html|archivedate=25 June 2012}}] Rama III has been identified by the [Bangkok Metropolitan Administration](/source/Bangkok_Metropolitan_Administration) as part of a zone to be developed as a model of environmentally friendly mass transit system.[{{cite news|title=Bangkok's metamorphosis into paradise|newspaper=Bangkok Post|date=3 September 2011}}] The Rama III riverside area was unaffected by the severe flooding that submerged many areas of [Bangkok](/source/Bangkok) in November 2011.[{{cite news|title=Flood Graphics|url=http://www.bangkokpost.com/flood2011/|accessdate=27 March 2012|newspaper=Bangkok Post|date=15 November 2011}}]
Tonson Group’s first development in Rama III is an ultra-prime condominium project called The Sathu Residences.