Pheu Thai closing in on a House majority, Senate an open question

13 Sept 14:04 Key points summarised by AI

Pheu Thai is actively forming a governing coalition, securing commitments from Bhumjaithai, Chartthaipattana, and several smaller parties, bringing their House seat count to 238.
Crucially, 40 Palang Pracharath MPs, including leader Prawit Wongsuwan, are expected to support Pheu Thai's prime ministerial candidate despite past rivalries, increasing potential votes to 278.
To overcome a potential Senate veto, Pheu Thai requires a combined 376 votes from both the House and Senate, meaning they still need an additional 98 votes beyond their current commitments.
United Thai Nation has also been invited to join the coalition, which would further increase support to 314 votes but still leaves Pheu Thai short of the critical 376-vote threshold needed for their candidate to become prime minister.

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).