Tag: Thailand

IFC Green Loan to Help Boost Renewable Energy in Thailand, Indonesia, and Vietnam

Stuart Mitchell

A new investment through a green loan facility will help develop more renewable energy projects in Thailand, Indonesia, and Vietnam, with IFC’s $64 million to Sermsang Palang Ngan Company Limited (SPN) aiming to address the region’s growing energy demand. The financing package includes an IFC loan of up to $32 million (THB1.2 billion) and a parallel loan from Siam Commercial Bank (SCB) for a similar amount. IFC’s funding will help SPN finance the acquisition, development, and construction of renewable projects—especially solar farms, solar rooftops, and biomass—in Thailand as well as…

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Chinese Experts Urge Thais to Celebrate Lunar New Year with No Shark Fin

Stuart Mitchell

Building on the momentum of the “Celebrate with #NoSharkFin” (#ฉลองไม่ฉลาม) campaign, WildAid released a video message featuring a Thai-Chinese cultural expert and a traditional medicine practitioner urging the public not to consume shark fin during Lunar New Year celebrations. While not a national holiday, the Lunar New Year is widely celebrated in Thailand and is a peak time for shark fin consumption in a country that plays a significant role in the global shark fin trade. “Shark fin is not mentioned in Chinese literature as auspicious (มงคล) even once,” said…

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