PM Srettha greenlights cruise ship terminal project on Samui Island

13 Sept 16:23 Key points summarised by AI

Prime Minister Srettha Thavisin approved a 12-billion-baht cruise ship terminal project on Samui Island.
The project aims to accommodate up to 120 cruise ships annually, projected to generate eight billion baht in revenue.
The Transport Ministry is tasked with coordinating a detailed plan for the terminal, to be submitted to the cabinet this year.
This initiative seeks to attract more high-spending tourists to Samui by providing an appropriately large terminal, addressing a current limitation.

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).