Tropical storm becomes typhoon as it approaches Vietnam

14 Sept 16:34 Key points summarised by AI

Tropical storm Nesat has intensified into a typhoon and is projected to make landfall in Vietnam by Wednesday or Thursday.
The typhoon, currently in the South China Sea with 100kph winds, is expected to weaken rapidly after colliding with a strong cold front.
Southern Thailand faces warnings for heavy rain, rough seas (up to 3 meters in the Andaman Sea), and strong winds from Monday to Friday.
Small boats are strongly advised to stay ashore throughout the week due to hazardous sea conditions.

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).