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Continuing contraction in Thailand’s exports a major challenge for new government - KRC

23 Sept 05:56 Key points summarised by AI

Thailand's exports have contracted for seven consecutive months, with April seeing a 7.6% year-on-year drop, presenting a significant economic challenge for the incoming government.
The decline is primarily attributed to a global economic slowdown impacting major customers (US, Japan, Euro Zone), alongside other negative factors like geopolitical conflicts and currency fluctuations.
Despite the overall contraction, exports to China show a positive trend, expanding by 23% year-on-year due to China's economic recovery.
Kasikorn Research Centre (KRC) forecasts an overall 1.2% shrinkage in Thai exports for the entire year, underscoring the severity of the current trade environment.

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.