Cabinet drafts decree to deal with fraudulent online money transfers
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Cabinet drafts decree to deal with fraudulent online money transfers
17 Sept 07:19Key points summarised by AI
The Thai cabinet endorsed a draft executive decree to combat rising online fraud, imposing severe penalties on individuals who knowingly facilitate illegal activities by opening bank accounts, e-wallets, or lending SIM cards.
The decree empowers financial institutions, businesses, and telecom service providers to exchange critical information regarding transactions and user data to aid in fraud investigations.
New provisions allow for the immediate suspension of suspected fraudulent electronic transactions upon a victim's complaint and establish a 48-hour window for victims to file official reports.
This legislation aims to address the current legal void that prevents the immediate halting of suspicious financial transactions, following over 114,000 online fraud cases amounting to 22 billion baht.
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.