BANGKOK (Reuters) - The role of the monarchy in Thailand is at the core of a looming deadlock that could tip Southeast Asia's second-largest economy into crisis, with reformers once again vying to dislodge the grip on power of the royalist military establishment.
The role of the monarchy in Thailand is at the core of a looming deadlock that could tip Southeast Asia's second-largest economy into crisis, with reformers once again vying to dislodge the grip on power of the royalist military establishment.
The role of the monarchy in Thailand is at the core of a looming deadlock that could tip Southeast Asia's second-largest economy into crisis, with reformers once again vying to dislodge the grip on power of the royalist military establishment. Despite a stunning victory with its allies in a May 14 election over pro-military parties, the progressive Move Forward party led by Pita Limjaroenrat faces an uncertain path to government. The main reason is that part of Move Forward's political platform is the once-unthinkable proposal to amend Thailand's "lese majeste" law, Article 112 of the criminal code that punishes insulting the monarchy with up to 15 years in prison.
The two largest opposition parties, the MFP and Pheu Thai, reached a compromise by nominating Wan Muhamad Noor Matha as Speaker of the DPR. However, this is not enough to prove the solidity of the opposition party alliance.
(Bloomberg) Thailand’s newly-elected lawmakers endorsed the appointment of a veteran politician as the parliament speaker, marking another important milestone for a coalition of pro-democracy parties seeking to form a new government after sweeping the May election. Most Read from BloombergChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing as Defense Chief Slams MutinyMusk, Zuckerberg Lead a $852 Billion Surge Among World’s Richest PeopleBank of America S