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Negotiations held with FIFA to reduce cost of World Cup TV rights for Thailand

13 Sept 08:17 Key points summarised by AI

Thailand's Sports Authority (SAT) is actively negotiating with FIFA and its agent to reduce the US$36 million price tag for the World Cup 2022 broadcast rights.
The National Broadcasting and Telecommunications Commission (NBTC) has pledged 600 million baht, covering only a portion of the 1.33 billion baht sought, necessitating additional funding from private companies.
Industry executives have advised the government to carefully review the contract, noting a significant price increase from previous World Cup deals and the separation of Thailand's rights from a regional package.
Despite financial hurdles and pending issues like advertising rights and tax deductions for private contributors, the Deputy Prime Minister has assured that Thai audiences will be able to watch the matches.

Yesterday 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).