The Latest Breaking News from Move Forward

The SET Index looks vulnerable to concerns about the transfer of political power and the coming Federal Reserve meeting. The index could plummet if investors lack confidence in the new government and if the Fed hikes its short-term rate at a faster pace than expected. Among factors affecting the market:

As the old powers play hardball, the road to Government House for the Move Forward party (MFP) leader Pita Limjaroenrat remains rough. The MFP won the most votes, 14.4 million of them, in the May 14 election, but its fate still hangs in the air.

Small breweries and local distilleries are hopeful of a bright future if the Move Forward Party forms a coalition government and pushes changes to liberalise the alcohol industry as promised.

Notwithstanding the ongoing political shenanigans by appointed agencies to shape final outcomes after the May 14 poll, Thailand already will never be the same again. The Move Forward Party's (MFP) victory as the largest winning side, with 151 out of 500 parliamentary seats, is profound but not unprecedented. Together with…

Two key members of the new coalition have questioned why caretaker Deputy Prime Minister Wissanu Krea-ngam raised the spectre of a new election if a shareholding complaint against Move Forward Party (MFP) leader Pita Limjaroenrat is upheld.

The Pheu Thai Party has scrapped the 10,000-baht handout it promised during the election campaign, saying the high cost of the Move Forward Party’s welfare programmes would make it unfeasible.

The ongoing tussle between Move Forward and Pheu Thai — the nation’s two biggest parties — over who should hold the parliament president’s post is hardly surprising since both are not far apart in the number of seats they won in the polls, according to former parliament president Chuan Leekpai.

The details listed in complaints will determine if Move Forward Party leader Pita Limjaroenrat is disqualified from being prime minister and whether the May general election should be annulled, according to caretaker Deputy Prime Minister Wissanu Krea-ngam.

The eight-party coalition on Tuesday resolved to set up a coordinating committee during the transition of power along with seven working groups to address major problems facing the country.