Thailand’s 2023 inflation forecast to be 1-2%, the lowest in ASEAN

20 Sept 07:08 Key points summarised by AI

Thailand's 2023 inflation rate is projected to be 1-2%, making it the lowest among seven ASEAN countries that have reported their figures.
The low inflation in July (0.38% year-on-year) is primarily driven by consistent drops in food prices (like pork) and a five-month consecutive decline in energy prices.
While some farm product prices remain high due to climatic changes, non-food product prices generally decreased, though services and utilities saw increases.
Consumer confidence declined for the eighth consecutive month in July due to political uncertainties and rising fuel costs, despite general confidence in the Thai economy's recovery driven by tourism.

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.