Company executive claims foul play over cadmium controversy

13 Sept 13:53 Key points summarised by AI

J&B Metal executive Jesada Kengrungruangchai faces charges for illegally possessing and storing toxic cadmium slag across multiple unlicensed warehouses.
Jesada claims legitimate purchase of the slag via auction for zinc extraction, asserting the cadmium was neutralized and he only stored it in various locations due to space constraints.
He suspects foul play from competitors who lost the initial auction, believing he is being targeted.
Police investigations confirm that all warehouses used by Jesada for storing the cadmium slag lacked the necessary licenses for toxic materials.

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).