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Thai PM opens APEC Summit calling for balance, inclusivity and sustainable growth

13 Sept 05:06 Key points summarised by AI

Thai Prime Minister Prayut Chan-o-cha inaugurated the APEC Summit, advocating for balanced, inclusive, and sustainable growth across the Asia-Pacific region, anchored in Thailand's Bio-Circular-Green (BCG) economy goals.
APEC leaders will deliberate on transitioning to sustainable economic development, tackling climate change, and promoting fair trade, with a significant Saudi delegation led by Crown Prince Mohammed bin Salman also present for bilateral discussions with Thailand.

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).