Thailand’s 2022 daily minimum wage may be raised from October 1

23 Sept 04:24 Key points summarised by AI

Thailand's daily minimum wage is set for a 5.02% increase, averaging 337 baht, with a tentative implementation date of October 1st, pending cabinet approval.
The adjusted wages will vary provincially, ranging from 328 baht to 354 baht, a decision influenced by the ongoing exodus of migrant workers seeking higher pay in other countries.

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).