Former ambassador to Canada tipped to be new FM

21 Sept 13:04 Key points summarised by AI

Former ambassador Maris Sangiampongsa is tipped to become Thailand's new foreign minister, succeeding Parnpree Bahiddha-Nukara.
Parnpree resigned on 'a matter of principle' after his removal as deputy prime minister in a recent cabinet reshuffle.
Maris boasts extensive diplomatic experience, having served as ambassador to Canada, Australia, Fiji, and Nepal, and previously advised Parnpree.
Prime Minister Srettha Thavisin apologized to Parnpree, asserting the reshuffle aimed to improve government performance and respected Parnpree's decision to quit.
Deputy Prime Minister and Commerce Minister Phumtham Wechayachai will temporarily oversee the Foreign Ministry until the new minister is formally appointed.

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).