Is the EEC’s future hanging in a balance?

27 Sept 09:54 Key points summarised by AI

Uncertainty looms over the Eastern Economic Corridor (EEC) as the formation of a new government could challenge the flagship infrastructure project initiated by the outgoing administration.
EEC Secretary General reassures investors, confirming five major infrastructure projects worth Bt650 billion are on schedule for Cabinet approval and contract signing by April, aiming to secure commitments before a new government takes power.
Political parties generally support the EEC's continuation, though some propose expanding its scope or adjusting its focus beyond the initial three provinces.
Key challenges persist, including concerns over skilled labor availability, potential water scarcity for both agricultural and industrial needs, and environmental impacts on local communities.

Suchada: Meet the reluctant star of Thailand’s cryptic crypto drama

Today 15:38 Key points summarised by AI

Thai MP Suchada Zhang Thaensap faces intense scrutiny over her husband’s substantial 1.84 billion baht wealth, with opposition lawmakers alleging connections to international scam networks.
A significant portion of her husband, Taiyang Zhang's, declared assets includes a 1.44 billion baht loan to the now-bankrupt cryptocurrency hedge fund Three Arrows Capital, which still owes him 1.34 billion baht.
Opposition MP Rangsiman Rome accused Suchada's husband of links to online scam networks and gambling sites, prompting Suchada to vehemently deny the claims, demand evidence, and file a defamation complaint.
Taiyang Zhang's background includes co-founding Ren Protocol, later sold to Alameda Research (linked to the FTX collapse), and some of his former associates have been convicted in crypto company failures.
Suchada, a former actress and first-time MP, maintains her husband's innocence, while her party leaders have distanced themselves from the allegations, deeming it a private matter.