AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 132.66 Increased By ▲ 3.13 (2.42%)
BOP 6.89 Increased By ▲ 0.21 (3.14%)
CNERGY 4.57 Decreased By ▼ -0.06 (-1.3%)
DCL 8.92 Decreased By ▼ -0.02 (-0.22%)
DFML 42.75 Increased By ▲ 1.06 (2.54%)
DGKC 84.00 Increased By ▲ 0.23 (0.27%)
FCCL 32.90 Increased By ▲ 0.13 (0.4%)
FFBL 77.06 Increased By ▲ 1.59 (2.11%)
FFL 12.20 Increased By ▲ 0.73 (6.36%)
HUBC 110.01 Decreased By ▼ -0.54 (-0.49%)
HUMNL 14.40 Decreased By ▼ -0.16 (-1.1%)
KEL 5.53 Increased By ▲ 0.14 (2.6%)
KOSM 8.32 Decreased By ▼ -0.08 (-0.95%)
MLCF 39.67 Decreased By ▼ -0.12 (-0.3%)
NBP 65.50 Increased By ▲ 5.21 (8.64%)
OGDC 198.74 Decreased By ▼ -0.92 (-0.46%)
PAEL 26.00 Decreased By ▼ -0.65 (-2.44%)
PIBTL 7.62 Decreased By ▼ -0.04 (-0.52%)
PPL 159.00 Increased By ▲ 1.08 (0.68%)
PRL 26.24 Decreased By ▼ -0.49 (-1.83%)
PTC 18.35 Decreased By ▼ -0.11 (-0.6%)
SEARL 82.24 Decreased By ▼ -0.20 (-0.24%)
TELE 8.12 Decreased By ▼ -0.19 (-2.29%)
TOMCL 34.40 Decreased By ▼ -0.11 (-0.32%)
TPLP 8.98 Decreased By ▼ -0.08 (-0.88%)
TREET 16.88 Decreased By ▼ -0.59 (-3.38%)
TRG 59.49 Decreased By ▼ -1.83 (-2.98%)
UNITY 27.52 Increased By ▲ 0.09 (0.33%)
WTL 1.40 Increased By ▲ 0.02 (1.45%)
BR100 10,614 Increased By 206.9 (1.99%)
BR30 31,874 Increased By 160.5 (0.51%)
KSE100 98,972 Increased By 1644 (1.69%)
KSE30 30,784 Increased By 591.7 (1.96%)

BANGKOK: Paetongtarn Shinawatra was endorsed as prime minister by Thailand’s king on Sunday, two days after parliament elected her, paving the way for her to form a cabinet in the coming weeks.

Paetongtarn, 37, becomes Thailand’s youngest prime minister just days after ally Srettha Thavisin was dismissed as premier by the Constitutional Court, a judiciary central to Thailand’s two decades of intermittent political turmoil.

Daughter of divisive former Prime Minister Thaksin Shinawatra, Paetongtarn won by nearly two-thirds in a House vote on Friday, to become Thailand’s second female prime minister and the third Shinawatra to take the office, following Thaksin and her aunt Yingluck Shinawatra.

The approval by King Maha Vajiralongkorn, a formality, was read out by House of Representatives Secretary Apat Sukhanand at a ceremony in Bangkok on Sunday.

Dressed in official uniform, Paetongtarn knelt in homage to a portrait of the king before giving a short speech thanking the king and the people’s representatives for endorsing her as prime minister.

“As head of the executive branch, I will do my duty together with the legislators with an open heart,” she said.

“I will listen to all opinions so together we can take the country forward with stability,” she said.

Paetongtarn, who has never served in government, faces challenges on multiple fronts, with the economy floundering and the popularity of her Pheu Thai party dwindling, having yet to deliver on its flagship digital wallet cash handout programme worth 500 billion baht ($15 billion).

Thai court sacks PM over ethics case

After accepting the royal endorsement, Paetongtarn hugged her father Thaksin, and other family members.

The fall of her predecessor Srettha after less than a year in office is a reminder of the risk for Paetongtarn with Thailand trapped in a tumultuous cycle of coups and court rulings that have disbanded political parties and toppled multiple governments and prime ministers.

Also at stake is the legacy and political future of the billionaire Shinawatra family, whose once unstoppable populist juggernaut suffered its first election defeat in over two decades last year and had to make a deal with its bitter enemies in the military to form a government.

The upheaval of recent days indicates a breakdown in a fragile truce struck between Thaksin and his rivals in the royalist establishment, which had enabled the tycoon’s dramatic return from 15 years of self-exile in 2023 and ally Srettha to become premier the same day.

More than a week ago the court that dismissed Srettha over a cabinet appointment dissolved the anti-establishment Move Forward Party - the 2023 election winner - over a campaign to amend a royal insult law that the court said risked undermining the constitutional monarchy.

The hugely popular opposition, Pheu Thai’s biggest challenger, has since regrouped under a new vehicle, the People’s Party.

Comments

200 characters