OECD supports Thailand’s accession to the organisation in 2028
Thailand secures US$200m World Bank loan for clean energy and low carbon cities
4,000 prisoners on cannabis abuse convictions to be freed after June 9th
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4,000 prisoners on cannabis abuse convictions to be freed after June 9th
14 Sept 01:58Key points summarised by AI
Thailand will release up to 4,000 prisoners convicted of cannabis offenses starting June 9th, following the reclassification of cannabis and hemp from the Category 5 drug list.
The reclassification also mandates the return of approximately 110 million baht in seized assets and 16 tonnes of cannabis, alongside the erasure of related criminal records.
Citizens can now grow or possess cannabis for household use upon notifying authorities, though commercial activities like import/export still require official permission.
Full legal status for cannabis, including specific limits for household use, depends on parliamentary approval of a proposed bill to amend the Narcotics Act.
Critics caution against the potential negative health impacts and addictive nature of cannabis, arguing these aspects are often overlooked by proponents.
Thailand secures US$200m World Bank loan for clean energy and low carbon cities
Today 09:24Key points summarised by AI
Thailand secured a US$200 million loan from the World Bank to significantly invest in clean energy and low-carbon urban development initiatives.
The program aims to drive clean energy funding and low-carbon growth, ensuring a just transition for small and medium-sized enterprises, workers, farmers, and local communities.
Channelled through the Export-Import Bank of Thailand, the loan will fund energy efficiency upgrades in public buildings and industrial areas, including rooftop solar installations and electrical system modernizations, reducing initial capital burdens via Energy Service Companies (ESCOs).