Move Forward Party apologises to supporters for being unable to form government
However, the party would still work wholeheartedly to push forward its political ideology, said party secretary-general Chaithawat Tulathon.
However, the party would still work wholeheartedly to push forward its political ideology, said party secretary-general Chaithawat Tulathon.
Now that it has backed away from the eight-party alliance, Pheu Thai will likely have no option but to join junta-backed parties to ensure sufficient parliamentary votes.
A representative said that the lack of progress these days is eroding business confidence to invest further, which is not good for the country's competitiveness.
The assistant governor of the Bank of Thailand said political uncertainty was one of three core risk factors for the country’s economic outlook.
“Problems related to the economy and people’s livelihoods are Pheu Thai’s top priorities at present. The immediate concern should be improving the economy and keeping people…
Senator Wanchai Sonsiri said disavowing its push could secure the parliamentary majority required for Pheu Thai’s candidate to become PM.
Results show that 60.2 per cent of them would prefer a swift formation of the new government, with the Pheu Thai Party being the preferred leading party at 25.5 per cent.
Three political “gurus” – a whistleblower, a former red-shirt leader and a lawyer – have all expressed doubts about former PM Thaksin Shinawatra returning on August 10.
The Pheu Thai party, which came second in May and is part of an eight-party alliance with Move Forward, is expected to make the next bid for the prime ministership.
Songkram Kitlertpairoj, a party-list MP for Pheu Thai, said that his party and other partners in the eight-partycoalition were doing their utmost to get Thailand’s 30th prime…