Crime rate rising in Myanmar’s business capital

2 Oct 00:21 Key points summarised by AI

Myanmar's business capital, Yangon, is experiencing a severe crime wave following the 2021 coup, with a dramatic increase in petty theft, burglaries, and violent robberies.
Incidents range from daily pickpocketing on public transport and snatching valuables to repeated bicycle thefts and fatal robberies, highlighting widespread insecurity among residents.
The surge in crime is attributed to the country's ongoing political and economic instability, coupled with a perceived lack of law enforcement focus on general crime, as security personnel prioritize suppressing political opposition.
Residents report feeling unsafe and distrustful of the police, who are seen as unconcerned with common criminal activity, forcing citizens to adopt self-protective measures.

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).