Nationwide crackdown launched on illegal nominee shareholders and land holdings
Government to start building Chainat-Pasak-Gulf water diversion canal next year
Bitcoin falls below $19,000, further shaking crypto markets
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Bitcoin falls below $19,000, further shaking crypto markets
14 Sept 02:07Key points summarised by AI
Bitcoin plunged to $18,866.77, a 6.1% drop and over 60% down from its March high, signaling broader market instability.
The crypto market downturn is fueled by major players' difficulties, including Celsius Network's suspended withdrawals and Three Arrows Capital's liquidation, with roots in the TerraUSD stablecoin collapse.
Government to start building Chainat-Pasak-Gulf water diversion canal next year
Today 14:58Key points summarised by AI
Thailand's government will launch the "Chainat-Pasak-Gulf" water diversion canal project in fiscal year 2027, a seven-year mega-infrastructure initiative.
This permanent structural solution aims to mitigate recurrent central plains flooding by diverting water from the Chao Phraya River directly into the Gulf of Thailand, significantly reducing flow to major cities like Ayutthaya and Bangkok.
Prime Minister Anutin Charnvirakul justifies the long-term investment as a means to reduce future damages and fiscal burdens, contrasting it with the 40-50 billion baht spent annually on short-term flood relief.
Concurrently, the Prime Minister instructed officials to expand drainage capacity into the Tha Chin River and swiftly remove water hyacinths to improve immediate flood management.