Moody’s upgrades Thailand’s outlook to ‘stable’ as reforms take hold

11 Sept 02:16 Key points summarised by AI

Moody’s Ratings upgraded Thailand’s sovereign credit outlook from 'negative' to 'stable', while affirming its long-term local and foreign currency issuer ratings at Baa1.
The positive shift signals improved political stability under the current administration, which has enabled crucial policy continuity and a clearer trajectory for structural reforms.
Key reforms driving the upgrade include government efforts to ease regulations, liberalize the energy market for increased competition, and streamline bureaucratic hurdles to boost business flexibility and GDP.
Further contributing factors include easing external pressures, manageable impact from the global energy crisis, and a robust recovery in private investment, accelerated by initiatives like 'Thailand FastPass'.

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.