Staff Reporter,
On September 5, 2024, Prime Minister of Bhutan, Dasho Tshering Tobgay visited Thailand and delivered a keynote address on “Gelephu Mindfulness City (GMC). According to the Bhutanese Embassy in Thailand, the Royal Bhutanese Embassy, Bangkok in association with the Family Business Exponential (FBX) and the Chao Phraya Abhai Raja Foundation organized a Special Gala Dinner Event on Thursday, 5th September 2024 in Bangkok, where Lyonchhen Dasho Tshering Tobgay, Hon’ble Prime Minister of Bhutan delivered a keynote address on the “Gelephu Mindfulness City (GMC)”.
The event was attended by around 250 guests. From the Thai side, the FBX members, who are all prominent Thai family business owners, attended the event alongside other important Thai dignitaries. From Bhutan’s side, the members of the Economic Development Board, the GMC Core Working Group and prominent business people were in attendance.
The event provided an excellent opportunity for the Thai business owners and potential investors to learn more about His Majesty The King’s royal vision on the GMC and the wide range of areas available for investments. Further, it also offered a platform for the business people from both Bhutan and Thailand to closely network, establish contacts and to discuss about possible business collaboration and joint ventures.
FBX is a non-profit organization led by families, committed to empowering family businesses for long-term success across generations. Through a supportive community, they facilitate learning and knowledge sharing to foster personal and professional growth within family enterprises. By driving collaboration and innovation, they aim to create exponential impact within family businesses and their communities.
Their vision is to create a thriving global community where family businesses flourish.They envision a world where every family enterprise has the resources, support, and network needed to succeed and make a lasting impact. At FBX, the mission is to empower and strengthen family businesses worldwide. They believe in preserving the legacy of family entrepreneurship while fostering innovation, sustainability, and growth across generations. Founded by passionate family business leaders, FBX emerged from a shared vision to address the unique challenges and opportunities facing family-owned enterprises. The journey began with a desire to create a supportive ecosystem where family businesses can thrive and grow. With members spanning across continents, FBX is a truly global organization. The diverse community represents a wide range of industries, cultures, and generations, enriching our collective knowledge
The purpose is to create engaging and insightful learning experiences for families in business. They foster connections, growth, and collective impact in business, family dynamics, and broader communities, ensuring enduring success and harmony for future generations. FBX empowers families in business through tailored programs and resources, enhancing both business success and family harmony. Their support helps families navigate unique challenges, fostering unity and growth across generations. The Chao Phya Abhai Raja Siammanukulkij Foundation was created in 2008 and is based in Chiangrai, Thailand. The Foundation is named after the Thai Royal Title of Gustave Rolin-Jaequemyns, a Belgian jurist who served as General Advisor to His Majesty King Chulalongkorn (Rama V) between 1892 and 1901.
In order to achieve its objectives, the Foundation has organized many activities and events over the years.
These activities included the publishing of books, the inauguration of statues, as well as the organization of many charity campaigns and important commemorative events.
Among other projects, the Foundation has initiated musical and artistic projects, built a complete football stadium to allow the community to play sports and get away from drugs, and has hosted members of the Royal families of Thailand, Belgium, Lesotho, Bhutan, Malaysia, and Russia, in important gala dinners.
The Chao Phya Abhai Raja Foundation does not rely on outside donations to bring its projects to success. All projects are, for the most important part, funded by private donations of the Chairman and the board members.


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