Political uncertainty is expected to be a major drag on the Stock Exchange of Thailand (SET) for the entirety of June, with three legal cases involving Prime Minister Srettha Thavisin, former premier Thaksin Shinawatra and opposition Move Forward Party (MFP) causing the index to sag deeper than originally forecast, say analysts.
Prime Minister Srettha Thavisin said on Wednesday he is ready to clear the air with any Pheu Thai Party MPs upset over the appointment of Wissanu Krea-ngam as his adviser.
Winning an election and forming a coalition is one thing; running a country, another. After nine months at Government House, the Srettha Thavisin government finds itself struggling to fulfil its campaign promises. Tough issues such as the charter rewrite, boosting tourism, the 10,000-baht digital wallet scheme and the sluggish economy remain a fierce challenge.
The adoption of remote identity verification introduced the need for biometric liveness detection and optical character recognition to read the Thai NID card.