Residential market remains fragile while housing prices to increase slightly

23 Sept 05:16 Key points summarised by AI

Thailand's residential market remains fragile, with buyers delaying purchases due to economic instability, inflation, and global conflicts like the Ukraine war.
A slow recovery is projected for the second half of 2022, with housing prices expected to increase slightly from last year's levels, though not yet reaching pre-pandemic highs.
Government support, including extended property transfer and mortgage fee reductions and eased loan-to-value (LTV) rules, aims to stabilize the market.
Single-detached houses are experiencing strong demand and growth, aligning with new living styles, while the condominium segment struggles and depends on the return of foreign buyers.

Examining Thailand’s four-part education revolution

Yesterday 14:22 Key points summarised by AI

Thailand's Education Ministry is implementing a four-pronged strategy to address its students' below-average performance in PISA 2025 and tackle significant educational inequality.
The plan prioritizes closing performance gaps by increasing funding for small and low-income schools, overhauling the curriculum to foster critical thinking, and adopting a data-driven management system to reduce teacher workload.
Key initiatives include enhancing school safety, combating cyberbullying, and expanding mental health support through peer-to-peer networks, recognizing the severe impact of distress on academic performance.
An education expert advises verifying if PISA improvements stem from structural changes, advocating for a revived STEM curriculum with practical 'learn by doing' methods, and urging bureaucratic reform to link teacher evaluations to student development.