Thailand Tatler: A bite of the apple
16 March 2015
The health of any property business is inextricably linked to the peaks and troughs of the wider economy, so it’s a running battle to get rid of the question mark that hangs over the stability of such ventures. Sorapoj Techakraisri, CEO of PACE Development, has found his way out via diversification. “People always ask me ‘what next?’ because my company has been very versatile,” he says. “The gourmet food business is the answer to that question. Dean & DeLuca is now part of PACE, and it’s a type of business that’s more stable in the long run.
