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Monday, April 29, 2024

Foreign investors wary of delay in Thai govt formation: FTI

According to the Federation of Thai Industries (FTI), foreign investors and the business sector are closely monitoring four political factors, namely:

1. The selection of the Speaker of the House of Representatives, for which both the Move Forward Party and the Pheu Thai Party intend to nominate a candidate thus causing complications in the government formation process.

2. The interpretation of whether Pita Limjaroenrat, Move Forward Party’s leader, qualifies for the position of prime minister due to his shareholding in ITV. This matter has been referred to the Election Commission for consideration.

3. The uncertainties surrounding the vote for the Prime Minister, where the votes from the Senate members may not be sufficient for Pita to become the PM resulting in a more flexible vote for the top job.

4. Potential unrest from political rallies staged by both supporters and…

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