OECD supports Thailand’s accession to the organisation in 2028
Thailand secures US$200m World Bank loan for clean energy and low carbon cities
House approves study on “integrated entertainment complex” project
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House approves study on “integrated entertainment complex” project
13 Sept 11:39Key points summarised by AI
The lower House overwhelmingly approved a study for an "integrated entertainment complex," which would introduce the country's first legal casinos, with 253 MPs voting in favor.
Debate centered on the complex's potential to generate state revenue for public benefit, while also raising significant concerns about long-term societal impacts, particularly gambling addiction and a potential rise in illegal gambling.
MPs proposed allocating a substantial portion of the project's revenues to public welfare, such as improving the lives of elderly citizens, amidst procedural tensions over quorum calls perceived as attempts to derail the study.
The chair of the House committee emphasized the necessity of a more comprehensive and in-depth study before the government can proceed with the complex project.
Thailand secures US$200m World Bank loan for clean energy and low carbon cities
Yesterday 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).