Breaking News
Investing Pro 0
💎 Access the Market Tools Trusted by Thousands of Investors Get Started

Thailand opposition crushes military parties in election rout

Published May 13, 2023 04:06PM ET Updated May 14, 2023 09:17PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
2/2 © Reuters. FILE PHOTO: Electoral workers prepare ahead of the upcoming general election, in Bangkok, Thailand, May 13, 2023. REUTERS/Athit Perawongmetha/ 2/2

By Panu Wongcha-um and Panarat Thepgumpanat

BANGKOK (Reuters) -Thailand's opposition secured a stunning election win on Sunday after trouncing parties allied with the military, setting the stage for a flurry of deal-making over forming a government in a bid to end nearly a decade of conservative, army-backed rule.

The liberal Move Forward party and the populist Pheu Thai Party were far out in front with 99% of votes counted, but it was far from certain either will form the next government, with parliamentary rules written by the military after its 2014 coup skewed in its favour.

To rule, the opposition parties will need to strike deals and muster support from multiple camps, including members of a junta-appointed Senate that has sided with military parties and gets to vote on who becomes prime minister and form the next administration.

Sunday's election was the latest bout in a long-running battle for power between Pheu Thai, the populist juggernaut of the billionaire Shinawatra family, and a nexus of old money, conservatives and military with influence over key institutions at the heart of two decades of turmoil.

But the staggering performance by Move Forward, riding a wave of support from young voters, will test the resolve of Thailand's establishment and ruling parties after it came close to a clean sweep of the capital Bangkok on a platform of institutional reform and dismantling monopolies.

Move Forward came top, followed closely by Pheu Thai, the preliminary results showed. According to a Reuters calculation, both were set to win more than triple the number of seats of Palang Pracharat, the political vehicle of the junta, and the army-backed United Thai Nation party.

Move Forward leader Pita Limjaroenrat, a 42-year-old former executive of a ride-hailing app, described the outcome as "sensational" and vowed to stay true to his party's values when forming a government.

"It will be anti- dictator-backed, military-backed parties, for sure," he told reporters. "It's safe to assume that minority government is no longer possible here in Thailand."

He said he remained open to an alliance with Pheu Thai, but has set his sights set on being prime minister.

"It is now clear the Move Forward Party has received the overwhelming support from the people around the country," he said on Twitter.

MAJOR BLOW

The preliminary results will be a crushing blow for the military and its allies. But with parliamentary rules on their side and influential figures behind them and involved behind the scenes, they could still have a role in government.

Prime Minister Prayuth Chan-ocha, a retired general who led the last coup, had campaigned on continuity after nine years in charge, warning a change in government could lead to conflict.

On Sunday, he slipped away quietly from his United Thai Nation party headquarters, where there were few supporters to be seen.

A handful of staff sat beside plates of uneaten food as a giant television screen showed a live speech by Move Forward's leader.

"I hope the country will be peaceful and prosper," Prayuth told reporters. "I respect democracy and the election. Thank you."

Pheu Thai had been expected to win having won most votes in every ballot since 2001, including two landslide victories. Three of its four governments have been ousted from office.

Founded by the polarising self-exiled tycoon Thaksin Shinawatra, Pheu Thai remains hugely popular among the working classes and was banking on being swept back to power in a landslide on nostalgia for its populist policies like cheap healthcare, micro-loans and generous farming subsidies.

Thaksin's daughter Paetongtarn, 36, has been tipped to follow in the footsteps of her father and of her aunt, Yingluck Shinawatra, and become prime minister. Yingluck and Thaksin were both overthrown in coups.

Paetongtarn said she was happy for Move Forward, but it was too soon to discuss alliances.

"The voice of the people is most important," she said.

Move Forward saw a late-stage rally in opinion polls and was betting on 3.3 million first-time voters getting behind its liberal agenda, including plans to weaken the military's political role and amend a strict law on royal insults that critics say is used to stifle dissent.

Thitinan Pongsudhirak, a political scientist at Chulalongkorn University, said Move Forward's surge demonstrated a major shift in Thai politics.

"Pheu Thai fought the wrong war. Pheu Thai fought the populism war that it already won," he said.

"Move Forward takes the game to the next level with institutional reform. That's the new battleground in Thai politics."  

Thailand opposition crushes military parties in election rout
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email