Eleven securities companies sought police intervention after unusual trading in More Return Company (MORE) shares on November 10th resulted in 4.5 billion baht in settlement defaults.
The Economic Crime Suppression Division (ECD) launched an investigation into the suspicious 7.1 billion baht worth of MORE stock trading, primarily involving margin buying by a few investors who subsequently defaulted.
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).