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Saturday, April 20, 2024

Coalition talks spook markets amid split over LM

Move Forward Party leader Pita Limjaroenrat, third from front left, poses for photos with with leaders of other potential coalition parties to announce their agreement to form the new government in Bangkok on Thursday. (Photo: Wichan Charoenkiatpakul)

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.

Move Forward Party (MFP) leader and prime ministerial candidate Pita Limjaroenrat, whose party won the most seats in Sunday’s election, said on Thursday that the coalition has expanded to eight parties with 313 members. While that is…

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