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Chinese-run firms and Thai nominees probed over unfair trade practices in coconut trading

13 Sept 13:08 Key points summarised by AI

Thai authorities are investigating 15 Chinese-run companies and 10 Thai nominees for alleged collusion and monopolistic practices in the coconut trade.
These firms are accused of suppressing coconut prices for growers and controlling the entire supply chain, from cultivation to export, leaving local farmers with minimal profit.
The investigation aims to tackle unfair trade practices that, alongside over-production and reduced Chinese imports, contribute to plummeting coconut prices.
Initial findings have been submitted to the Department of Special Investigation (DSI) for a more in-depth probe into these alleged market manipulations.

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.