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Free AccessPita Struggles To Garner Much Senatorial Support Halfway Through PM Vote
Khaosod reporter Pravit Rojanaphruk tweets that "after 300 out of 749 parliamentarians have voted, Pita receives less than 10 votes from the 250 junta-appointed Senators."
- An overwhelming majority of the Senators who have cast their votes so far have abstained, in line with earlier press reports.
- At this point, it is all but ensured that today's vote will not result in the election of a new Prime Minister, given that Pita was the sole candidate.
- This bodes ill for Thai assets, with prolonged uncertainty around government formation likely to keep denting investor confidence.
To read the full story
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Please enter your details below.
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.