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The Stock Exchange of Thailand (SET) and Bangkok Metropolitan Administration (BMA) have signed a memorandum of understanding to increase the personal financial skills of over 270,000 students in all 436 BMA-supervised schools. This project, entitled the “Nguen–Tong–Kong–Mee–Ka” (“Personal Finance for Youth”) Program will start in the 2011 academic year.
This program was conceived through the shared determination of SET and BMA to instill a culture of savings and financial discipline in Thai youth, SET President Charamporn Jotikasthira revealed, as it would significantly help the young generations plan their financial futures more effectively and efficiently. The campaign is one of the SET corporate social responsibility programs which will help increase opportunities for growth for Thai youth.
Bangkok Governor M.R. Sukhumbhand Paribatra said that BMA is ready to fully collaborate in this program for all students under BMA supervision. He is confident that the campaign will become an important tool participating students use to improve their personal financial expertise.
Under this project, the SET will provide instructional media for teachers and educational supervisors, who will help their students to understand and apply the knowledge. The materials provided by the SET are worth more than THB2.5 million (approx. USD80,650).About 1,400 BMA officials, educational supervisors and teachers will take part in the campaign.
The program includes a 1-day session for school management teams and six 2-day sessions for educational supervisors and teachers.
The SET has organized the “Nguen–Tong–Kong–Mee–Ka” Program since 2002, with instructional media sponsorship, training sessions for nationwide educational supervisors and teachers, savings promotion activities and financial quiz games. Overall, more than 6.8 million students and 34,000 teachers in over 23,000 schools nationwide, have benefited from the program.
