Thai Central Bank tightens up measures to protect bank customers

15 Sept 08:31 Key points summarised by AI

Mandates facial scans for large transfers: Customers transferring over 50,000 baht electronically must undergo a facial scan to confirm transactions, enhancing security against online theft.
Requires system upgrades and reporting: All financial institutions are ordered to upgrade their banking systems to combat online theft and report their anti-theft measures to the central bank.
Strengthens fraud detection and customer protection: Banks must implement 24/7 irregularity detection, notify customers within one hour of detection, and provide full refunds for unauthorized debit card transactions within five days.

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.