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Coalition talks spook markets amid split over LM

Thailand’s pro-democracy parties faced built-in obstacles to forming a government even before a historic win in Sunday’s general election. Now that resistance is starting to take shape, making investors wary of a protracted political uncertainty.

Pita announces 8-party coalition plan

Move Forward Party (MFP) leader Pita Limjaroenrat on Thursday formally announced a plan for a coalition government consisting of 313 MPs from eight political parties, with himself as prime minister.

Bhumjaithai rejects candidates supporting changes to lese majeste law

The Bhumjaithai Party, which unofficially secured the third-most House seats, made an announcement stating their refusal to support any prime ministerial candidate or political party seeking to revoke or amend the lese majeste law.

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