Early counts give Move Forward a pleasant surprise

13 Sept 07:51 Key points summarised by AI

The Move Forward Party has surged into an unexpected early lead in Bangkok, poised for a significant sweep of the capital's seats.
Pheu Thai's ambition for an election landslide appears shattered, with initial counts indicating they will secure far fewer seats than projected, potentially under 200.
Despite Move Forward's strong performance, the overall election winner is still likely Pheu Thai, and post-election coalition negotiations could create an unfavorable political structure for Move Forward.

Thailand secures US$200m World Bank loan for clean energy and low carbon cities

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).