Thailand

Thailand Move Forward Party, which claims leadership after emerging as the largest party in the recent election, is struggling to garner sufficient Senate support. Despite forming a coalition with about 310 seats in the 500-member House of Representatives, it falls short of the 376 votes needed to confirm Pita Limjaroenrat, the bloc’s prime ministerial pick, as premier. Consequently, foreign investors have been divesting from the nation’s bonds, stocks, and currency.