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Free AccessMove Forward Party Won't Support Pheu Thai's PM Candidate
Election front-runners Move Forward Party (MFP) announced that they will not vote in favour of a motion to install Pheu Thai Party (PTP) candidate Srettha Thavisin as the next Prime Minister after discussing the matter internally.
- MFP Secretary General Chaithawat Tulathon announced this during a special press conference, noting that the new coalition led by Pheu Thai is "against people's will" and "won't yield benefits to voters." Chaithawat added that the decision has been taken unanimously by all MFP lawmakers.
- The key implication of the MFP's decision is that Pheu Thai will need to garner more support from junta-appointed senators, which decreases its leverage in negotiations with pro-miitary establishment. At the same time, conceding too much ground to the pro-military camp would further increase the disillusionment among PTP voters.
To read the full story
Sign up now for free trial access to this content.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.