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BUSINESS

Neta Auto banks on new investors

Lamonphet Apisitniran, Published on 15/05/2025

» A new investor group is expected to take over debt-ridden Neta Auto, looking to revive the Chinese battery electric vehicle (BEV) maker in China and Thailand, says the head of the local subsidiary.

BUSINESS

Thai taxman aims to tighten enforcement

Wichit Chantanusornsiri, Published on 15/05/2025

» The Revenue Department has vowed to tighten enforcement of tax collection from four types of businesses to ensure accurate payments.

BUSINESS

Thai consumer confidence hits 7-month low in April due to US tariffs

Reuters, Published on 15/05/2025

» Thai consumer confidence dropped for a third straight month in April, hitting its lowest level in seven months due to concerns over US tariffs and a slow domestic economic recovery, a survey showed on Thursday.

BUSINESS

Trump to close deal-making Gulf tour in UAE

AFP, Published on 15/05/2025

» DOHA — United States President Donald Trump on Thursday closes a Middle East tour in the United Arab Emirates (UAE) as he focuses squarely on seeking deals after billions of dollars of pledges from Saudi Arabia and Qatar.

BUSINESS

Singapore's NUS, China's Tsinghua University among world's top producers of rich alumni

South China Morning Post, Published on 15/05/2025

» The National University of Singapore (NUS) and Tsinghua University are Asia's top universities for generating ultra-wealthy alumni, according to research by Altrata.

BUSINESS

Foreigners flock to China's Shenzhen as visa-free entries surge 160%

South China Morning Post, Published on 15/05/2025

» Shenzhen, China's southern tech hub, has reported a swell of overseas visitors this year, an influx attributed to the country's expansion of visa-free entry and its integration of the Greater Bay Area, a region that incorporates Guangdong province, Hong Kong and Macau.

BUSINESS

Thai hotels face double whammy from US tariffs

Business, Nareerat Wiriyapong, Published on 15/05/2025

» Thai hotels are likely to face secondary effects from the US reciprocal tariffs as slowing tourist arrivals may cause hoteliers to cut prices or introduce more aggressive campaigns at home, while their overseas operations cannot escape the impact of the global economic slowdown.

BUSINESS

Call for national e-marketplace

Business, Suchit Leesa-nguansuk, Published on 15/05/2025

» E-commerce leaders are proposing the government establish a national e-marketplace as an alternative for local small and medium-sized enterprises (SMEs) to promote their products and services.

BUSINESS

Tax changes to cushion blow of US tariffs

Business, Lamonphet Apisitniran, Published on 15/05/2025

» The Board of Investment (BoI) expects to decide next week on a plan to offer new tax incentives to help investors cope with the impact of US President Donald Trump's reciprocal tariff policy.

BUSINESS

SET sees support for ongoing surge

Business, Nuntawun Polkuamdee, Published on 15/05/2025

» The Thai stock market is expected to continue growing next month, supported by easing global trade tension, a downward trend for global interest rates, and inflows into Thai ESG Extra (ESG X) funds, says the Stock Exchange of Thailand (SET).