The proof is in the pudding : Bank of Thailand chief

13 Sept 09:55 Key points summarised by AI

Bank of Thailand (BOT) Governor Sethaput Suthiwartnarueput affirmed the central bank's independence in setting interest rates, resisting political pressure for cuts.
The BOT maintained its key interest rate at 2.50% in April, prioritizing concerns over elevated household debt and the importance of debt deleveraging for long-term economic stability.
Despite a weak economic recovery, the governor stated current rates support growth and orderly debt management, with inflation expected to return to its 1%-3% target range by year-end.
Sethaput emphasized addressing structural challenges like a shrinking labor force through increased public investment and deregulation, rather than short-term stimulus, to boost productivity.

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.