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Businesses controlled by Thai military should return to people : Bencha

15 Sept 03:06 Key points summarised by AI

Parliament approved a Move Forward party proposal to establish a committee studying the transfer of military-controlled businesses to public oversight.
MP Bencha Saengchan initiated the proposal, asserting that billions in military commercial earnings should be reallocated to benefit the nation.
Concerns were raised regarding military generals accumulating substantial personal wealth and the high cost of over 2,000 generals, many holding lucrative board positions without clear service assignments.
The military controls vast assets, including 1.5 million hectares of state land, 150 petrol stations, 74 golf courses, and various media and energy enterprises, generating undisclosed billions annually.
The proposed committee aims to investigate these financial accounts and determine methods to reassign the income for the country's benefit.

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).