Billion P. Lai was born as the second child of five siblings to the family that owns PSD Group of Companies, which deals with textiles and clothing. Since the completion of his studies in Switzerland, he is now heading his family’s effort to reform the Chao Phraya riverside, with a riverfront promising spectacular views of the river. The mixed-use Canapaya development, which includes retail, hospitality and residential spaces, is in its second phase, due for completion in 2019.
Bill says his secret is getting into the nitty gritty details of things: “Knowing the actual cost of raw materials before it is made into a finished product, you then know how much you want to pay for things. That’s the key… then you have grounds for negotiations.”