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Neta Halts EV Production in Thailand After Receiving Subsidies; Dealers Cry Foul

Neta Halts EV Production in Thailand After Receiving Subsidies; Dealers Cry Foul

poo | June 19, 2025 | 3:08 pm | Business

Chinese EV maker Neta Auto has paused Thai production amid a subsidy controversy and financial troubles. Despite receiving 400M baht in subsidies, the company failed to meet local EV output requirements. Dealers allege deceit and losses over 200M baht, prompting government scrutiny and a freeze on further payments.

Thailand Approves Five-Year Crypto Tax Exemption to Strengthen Financial Hub Status

Thailand Approves Five-Year Crypto Tax Exemption to Strengthen Financial Hub Status

poo | June 18, 2025 | 5:16 pm | Business, Technology

Thailand has granted a five-year capital gains tax exemption on crypto sales through licensed platforms from 2025–2029. Aimed at boosting its status as a digital finance hub, the move aligns with SEC regulations and FATF policies, encouraging innovation and crypto-based fundraising while projecting over 1 billion baht in revenue gains.

Tourism Slump Triggers AOT’s Sharpest Stock Crash in Asia

Tourism Slump Triggers AOT’s Sharpest Stock Crash in Asia

poo | June 18, 2025 | 5:10 pm | Business, Travel & Tourism

Airports of Thailand (AOT) faces Asia’s worst stock drop among major airport firms in 2025. A sharp decline in Chinese tourists—sparked by kidnapping concerns—has slashed revenue and wiped out $14.2 billion in market value. With no CEO in place, shrinking duty-free sales deepen the crisis.

Shoprmcgems Gears Up for Global Shows with Dazzling Gemstone Layouts

Shoprmcgems Gears Up for Global Shows with Dazzling Gemstone Layouts

poo | June 18, 2025 | 4:46 pm | Business

Shoprmcgems is set to shine at upcoming global gem shows with breathtaking layouts of Paraiba Tourmaline, Aquamarine, Morganite, and more. The sold-out Kunzite collection reflects its design excellence. Clients can browse and order anytime via shoprmcgems.com with live support. More Colors. More Magic. More Reasons to Shoprmcgems.

Digital Banks: Southeast Asia’s Next Financial Powerhouses

Digital Banks: Southeast Asia’s Next Financial Powerhouses

poo | June 17, 2025 | 12:08 pm | Business, Startups

In Southeast Asia, digital banks are emerging as key players—backed by tech giants and conglomerates, not startups. Thailand’s digibank race sees five major contenders vying for three licenses, while Indonesia’s SeaBank leads in profitability. With deep capital and regional momentum, the digital banking wave is reshaping the region’s financial landscape.