OECD supports Thailand’s accession to the organisation in 2028
Thailand secures US$200m World Bank loan for clean energy and low carbon cities
Government’s new liquor production edict only benefiting brew pubs
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Government’s new liquor production edict only benefiting brew pubs
14 Sept 01:46Key points summarised by AI
A new government edict on alcoholic beverages primarily benefits brew pubs, anticipating an increase in their numbers.
Small investors face significant new hurdles, such as mandatory environmental impact assessments and the installation of costly standard machinery for tax recording, despite the removal of minimum capital and production restrictions.
The edict is not expected to reduce liquor or beer prices, as existing taxes remain unchanged, which would only cut producer profits if prices were lowered.
An industry expert suggests the government's policy creates an impression of opening the liquor industry to small investors, while effectively maintaining barriers for those without strong financial backing.
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).