China to fund carbon emission reduction and green industrial development in Thailand

Today 08:02 Key points summarised by AI

Thailand will receive US$375,900 from China's Mekong-Lancang Cooperation Special Fund (MLCSF) to advance green industrial development and low-carbon economy initiatives.
The funding supports two key projects: enhancing the capacity for managing and recycling EV batteries, solar panels, and electronic waste, and equipping industries with knowledge and tools to achieve net-zero emissions.

Making the right moves to drive growth

Yesterday 16:36 Key points summarised by AI

Thailand must shift its focus from merely creating intellectual property (IP) to actively commercializing it to unlock sustainable economic growth in its creative industries.
The World Bank advises establishing robust commercial infrastructure to generate steady revenues, attract private investment, and scale creative businesses globally.
Key strategic shifts include building systems to monetize and build value around original IP, and strengthening global links to connect domestic creators with international markets.
Elevating productivity in the creative sector could generate up to 3 million formal jobs by 2040, significantly increasing its contribution to Thailand's national gross value added.
Thailand's Creative Economy Agency (CEA) is developing an action plan to push high-potential content internationally, maximize IP commercialization, and upskill talent.