THAI creditors’ new planner selection postponed until November 29

14 Sept 09:42 Key points summarised by AI

THAI creditors' meeting to select new rehabilitation planners has been postponed until November 29, following requests from some creditors.
The delay allows creditors more time to review the Finance Ministry's proposed candidates: Polchak Nimwatana and Panya Chupanich.
Creditors agreed to set THAI's share price at 2.5452 baht as part of a debt-to-equity arrangement to clear 60 billion baht in debt.
A THAI labor union advisor raised concerns about potential political interference in the rehabilitation process, citing past procurement scandals that caused massive losses.

Examining Thailand’s four-part education revolution

Yesterday 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.