Rachita Sharma, Managing Editor , 0
Overcoming the Asian Financial Crisis, during which the country’s per capita income dropped, Thailand brought in stability and growth. Between 1980 to 2019, the average per capita income grew from $740 in 1980 to $7,080. More recently the country has experienced an increase in income and a decrease in poverty. Tourism ranks as one of the nation's leading industries, trailed by automotive and food production.
Thailand faced significant repercussions from the global pandemic, resulting in a substantial economic contraction. Nonetheless, the economy has recovered over the last few years. The year 2025 was particularly important for the revival of the Thai business environment. Thailand's startup ecosystem has steadily developed, witnessing the emergence of innovative companies in areas like AI and fintech. The nation's manufacturing capabilities have also been revitalized.
Nonetheless, issues including trade disputes, possible talent deficits, and a more careful investment environment remain ongoing.This occurs despite general optimism and a favourable export forecast partly driven by expected trade actions.
Resilience has been a defining trait of business leaders in Thailand. Coupling resilience with skill and vision, the country’s business leaders have created continue growth powering the country’s economic recovery. The current edition of CEOInsights Asia features prolific CEOs from Thailand, who embody the aforementioned traits.
In this edition meet Corrado Giaquinto, CEO of Rojukiss International and the beauty brand ROJUKISS. His career began with his curiosity about the functioning of a business across borders. The same passion led him to spend almost 30 years of his career moving across ten countries, typically where people would have perceived risk and uncertainty. He turned around struggling businesses and created new markets out of nowhere. Corrado believes that as a leader, one should not fixate on titles, but rather create systems, empower individuals, and extract clarity from the chaos.
To know more about such business leaders powering Thailand’s economic growth, read the current edition of CEOInsights Asia magazine.
Let us know your thoughts.
Resilience has been a defining trait of business leaders in Thailand. Coupling resilience with skill and vision, the country’s business leaders have created continue growth powering the country’s economic recovery. The current edition of CEOInsights Asia features prolific CEOs from Thailand, who embody the aforementioned traits.
In this edition meet Corrado Giaquinto, CEO of Rojukiss International and the beauty brand ROJUKISS. His career began with his curiosity about the functioning of a business across borders. The same passion led him to spend almost 30 years of his career moving across ten countries, typically where people would have perceived risk and uncertainty. He turned around struggling businesses and created new markets out of nowhere. Corrado believes that as a leader, one should not fixate on titles, but rather create systems, empower individuals, and extract clarity from the chaos.
To know more about such business leaders powering Thailand’s economic growth, read the current edition of CEOInsights Asia magazine.
Let us know your thoughts.