Business trends on the horizon for entrepreneurs in 2023

13 Sept 13:38 Key points summarised by AI

Post-pandemic recovery and government relaxation measures are creating new opportunities for small and medium-sized enterprises (SMEs) in Thailand, with Finbiz by ttb forecasting key market trends for 2023.
The health and wellness industry is poised for significant growth, driven by increased consumer focus on healthy lifestyles and a projected 8-10% recovery in the private hospital sector in 2023.
Healthy and sustainable food trends are gaining prominence, with rising consumer demand for plant-based options and environmentally conscious diets, as indicated by high adoption rates in Thailand.
The pet care industry is experiencing robust growth, fueled by the 'pet humanization' trend, which leads to increased owner spending on premium products, services, and digital platforms for their pets.

Examining Thailand’s four-part education revolution

Today 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.