Thailand

A pro-democracy coalition that emerged victorious in Thailand’s recent general election appears close to securing enough Senate support to form a government under the leadership of Pita Limjaroenrat. The coalition has reportedly made substantial headway in winning senators’ support. This mounting support for Pita may soothe investor concerns ov er a political deadlock that has led to a sell-off in the nation’s stocks and bonds. Despite facing potential disqualification due to media share ownership allegations, Pita remains confident that this will not impede his prime ministerial bid.