OECD supports Thailand’s accession to the organisation in 2028
Thailand secures US$200m World Bank loan for clean energy and low carbon cities
Lat Krabang district declared a disaster zone by Bangkok’s administration
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Lat Krabang district declared a disaster zone by Bangkok’s administration
14 Sept 05:38Key points summarised by AI
The Bangkok Metropolitan Administration (BMA) declared Lat Krabang district a flood "disaster zone" to expedite assistance for 20,000 residents in 10,300 households suffering from over a week of heavy flooding.
The disaster zone covers six sub-districts, with extensive damage impacting 128 hectares of rice fields, fish farms, and fruit orchards.
BMA actions, including opening sluice gates and diverting water, are improving the situation, with flood levels receding by 50cm in Lat Krabang, Prawet, and Nong Chok.
Water levels are also dropping in other affected areas like Lak Si, Don Mueang, and Bang Khen, with expectations of a return to normal within days if no further heavy rainfall occurs.
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).