OECD supports Thailand’s accession to the organisation in 2028
Thailand secures US$200m World Bank loan for clean energy and low carbon cities
Indonesia proposes peace plan for Russia-Ukraine war; says conflict is no advantage for anyone
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Indonesia proposes peace plan for Russia-Ukraine war; says conflict is no advantage for anyone
13 Sept 14:14Key points summarised by AI
Indonesia's Defence Minister Prabowo Subianto unveiled a peace plan for the Russia-Ukraine war at a Singapore defence summit, highlighting the conflict's severe impact on Asian economies and food supplies.
The proposal calls for an immediate ceasefire at current positions, establishment of UN-guaranteed demilitarised zones, and a UN-organised referendum in disputed areas, with Indonesia ready to contribute peacekeeping forces.
The initiative drew swift criticism, particularly from EU foreign policy chief Josep Borrell, who emphasized the necessity of a "just peace" over a "peace of surrender," prompting Subianto to defend the plan as a non-blaming conflict resolution effort.
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).