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 rain forecast in northeast Saturday as storm Sonca hits Vietnam
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Heavy rain forecast in northeast Saturday as storm Sonca hits Vietnam
13 Sept 11:12Key points summarised by AI
Tropical storm Sonca made landfall in Vietnam, bringing heavy rain and strong winds to Thailand's northeastern, eastern, and central regions, including Bangkok.
Thailand's northeast, particularly provinces like Ubon Ratchathani, is forecast to experience severe rainfall, prompting warnings for flash floods and river overflows.
The southern Gulf of Thailand anticipates high waves (1-2 meters), advising caution for vessels navigating stormy areas.
Ubon Ratchathani, already battling severe flooding, fears prolonged inundation due to Sonca, with current conditions worse than past events.
Approximately 3,000 residents are housed in 16 evacuation centers, where officials are distributing aid and addressing facility needs amidst the ongoing crisis.
Thailand secures US$200m World Bank loan for clean energy and low carbon cities
Yesterday 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).