OECD supports Thailand’s accession to the organisation in 2028
Thailand secures US$200m World Bank loan for clean energy and low carbon cities
Noru weakens to tropical depression as it heads west across Thailand
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Noru weakens to tropical depression as it heads west across Thailand
13 Sept 10:38Key points summarised by AI
Tropical storm Noru weakened to a tropical depression over Thailand's Yasothon province, moving west-northwest and projected to further dissipate into a low-pressure cell.
Despite its weakening, 64 provinces are advised to brace for heavy to very heavy rainfall, which could trigger flash flooding and waterway overflows as the storm sweeps across the country.
Satellite images reveal widespread flooding, impacting over 65,000 hectares of land, including 38,000 hectares of rice fields in multiple provinces, with an embankment breach in Maha Sarakham inundating additional farmland.
Local authorities are establishing flood situation centers and issuing warnings for residents to move valuables to higher ground, as villagers report ruined crops due to the inundation.
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).