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APEC-CEO Summit to consider private sector report Thursday and Friday

13 Sept 09:27 Key points summarised by AI

The APEC Business Advisory Council (ABAC) will present its private sector report to APEC economic leaders for discussion at the APEC-CEO Summit.
The report, compiled by private sectors from 22 economies, highlights urgent issues like inflation, the energy crisis, food shortages, and climate change, set against a backdrop of global conflicts.
ABAC advocates for speedy and sustainable economic recovery through regional integration, removal of trade and investment barriers, digitization, and improved access to funding for small and medium-sized enterprises.

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).