Local and foreign investors bullish over latest political developments
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Local and foreign investors bullish over latest political developments
15 Sept 02:31Key points summarised by AI
The Thai stock market (SET) surged past 1,400 points, driven by positive investor reactions to the official cabinet line-up and the upcoming Vayupak Fund launch.
Foreign investors demonstrated strong confidence with nearly 7.5 billion baht in net buys, contributing to a significant 120-point increase in the SET index.
The Finance Ministry projects 2.7-3% economic growth for the year, fueled by an estimated 400 billion baht in government stimulus measures during the last quarter.
Key stimulus initiatives include the 10,000 baht 'digital wallet' cash benefits and the 150 billion baht Vayupak Fund, both expected to boost economic activity and market confidence.
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.