OECD supports Thailand’s accession to the organisation in 2028
Thailand secures US$200m World Bank loan for clean energy and low carbon cities
Heavy flooding leads to closure of Chiang Mai-Hod road
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Heavy flooding leads to closure of Chiang Mai-Hod road
14 Sept 01:51Key points summarised by AI
The Chiang Mai-Hod road is closed to small vehicles due to heavy flooding, following 100mm of rainfall in the Doi Suthep area, prompting motorists to use alternative routes.
Continuous heavy rain is forecast for Chiang Mai until Monday, leading to official warnings against swimming near waterfalls and urging extreme caution on roads due to slippery conditions and landslides.
Several districts in Chiang Mai, including Hod and Chom Thong, report local streams breaching banks and flooding farmlands and households, with Phetchabun province also experiencing widespread flooding from reservoir overflows and river runoffs.
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).