TAT upbeat over significant visa-free Chinese arrival numbers

2 Oct 10:30 Key points summarised by AI

Thailand's Tourism Authority (TAT) is highly optimistic about a surge in Chinese tourist arrivals, aiming to reach pre-COVID levels thanks to the visa-free agreement.
Chinese arrivals already surpassed one million in the first two months, with TAT projecting a threefold increase for the entire year compared to last year, emphasizing visitor safety and service quality.

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

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).