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Friday, May 17, 2024

Thai election uncertainty raises concerns for small business owners

Leader of Move Forward Party Pita Limjaroenrat, fourth from left in front, raises his hands with other seven party leaders, during a press conference in Bangkok, Thailand, Thursday, May 18 , 2023. Thailand’s election winner Move Forward Party on Thursday announced an 8-party coalition that its leader declared will become a “democratic government of the people. (AP Photo/Sakchai Lalit)

A record 39 million Thai citizens participated in the recent general election, with the Move Forward Party (MFP) emerging victorious. However, the recently amended constitution poses challenges for non-military political parties, and the MFP-led coalition still requires additional upper-house votes to secure the 376 seats needed for leadership. This has raised concerns about Thailand‘s political future and its economic prospects.

Maddy, a 25 year old online entrepreneur, expressed uncertainty about…

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