Thai PM, Chinese FM in talks on trade, investment and connectivity

13 Sept 20:29 Key points summarised by AI

Thai Prime Minister Prayut Chan-o-cha and Chinese Foreign Minister Wang Yi met to boost trade, investment, and economic cooperation, with Thailand proposing accelerated facilities for Thai fruit exports and inviting Chinese investment in EV and agricultural sectors.
Thailand pledged full support for the Sino-Thai high-speed rail project, a key part of China's Belt and Road Initiative, while China proposed a tripartite committee to expedite the long-delayed connectivity project.
China reopened its borders, allowing Thai flights and students to return, and Chinese President Xi Jinping is expected to attend the APEC Summit in Thailand, signaling renewed bilateral exchanges and diplomatic engagement.

Thailand secures US$200m World Bank loan for clean energy and low carbon cities

Today 09:24 Key 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).