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Thailand risks losing $1.85bn in Cambodia trade under prolonged conflict
Thailand risks losing $1.85bn in Cambodia trade under prolonged conflict

Nikkei Asia

time05-08-2025

  • Business
  • Nikkei Asia

Thailand risks losing $1.85bn in Cambodia trade under prolonged conflict

The border conflict between Thailand and Cambodia has brought trade to a virtual standstill. (Photo by Kenya Akama) KENYA AKAMA and YUJI NITTA BANGKOK/HANOI -- Thailand faces a $1.85 billion loss in trade with Cambodia this year unless the sides reach a lasting resolution to the conflict, according to a Thai government estimate, as the two sides prepare assistance for those directly affected by the fighting.

China's struggling EV maker Neta in deep trouble in Thailand
China's struggling EV maker Neta in deep trouble in Thailand

Nikkei Asia

time24-07-2025

  • Automotive
  • Nikkei Asia

China's struggling EV maker Neta in deep trouble in Thailand

A Neta dealership in Bangkok had its lights and air conditioning off and was largely deserted on a recent day, despite being open. (Photo by Kenya Akama) KENYA AKAMA BANGKOK -- Chinese electric vehicle maker Neta is facing a backlash in Thailand, as the restructuring of its parent company has caused difficulties supplying parts to the country and paying suppliers, resulting in the price of some new cars being slashed by half. Furthermore, the company has fallen behind in local production requirements for subsidies. These troubles could force the Thai government to change course on its EV policy.

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