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IMF estimates the Philippines-Vietnam economy will overtake Thailand in 4 years

Thailand’s economy is currently facing significant challenges as the International Monetary Fund (IMF) forecast indicates that Thailand may lose its No. 2 economic position to the Philippines and Vietnam over the next 4 years. These data raise awareness of the need to reform and improve Thailand’s economic structure to enhance competitiveness in the region.

The Growth of International Schools in Thailand

Nowadays, choosing a school for children is not only choosing a place to learn but also choosing a society and environment that will affect the development of children’s skills and attitudes in the long run. The belief that “Choosing a good environment will affect their development” has led many parents to send their children to international schools. It is believed that international education will best meet the needs of children in the era of globalization.

Get to know NaCGA: Changing the Guarantee Mechanism in Thailand

On August 13, 2024, the Cabinet approved the “National Credit Guarantee Agency” or NaCGA, an effort to improve and enhance the guarantee mechanism of the government in Thailand to increase SMEs’ access to capital and small business owners who need funds but lack sufficient collateral.