Government Housing Bank seeks approval 3rd phase of “1 Million Home” project
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Government Housing Bank seeks approval 3rd phase of “1 Million Home” project
21 Sept 07:18Key points summarised by AI
Thailand's Government Housing Bank (GHB) seeks approval for the 20 billion baht third phase of its "One Million Home" project, targeting low-income earners.
This phase will provide detached, semi-detached houses, and condominiums averaging 1.5 million baht, featuring a 3% interest rate for the first five years and repayment periods up to 40 years.
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.