Berliner Boersenzeitung - Thai opposition parties dominate early election count

EUR -
AED 4.101954
AFN 72.601367
ALL 90.804754
AMD 405.221216
ANG 1.99908
AOA 1025.349828
ARS 1726.423899
AUD 1.623304
AWG 2.010489
AZN 1.894261
BAM 1.955902
BBD 2.259174
BDT 139.867323
BGN 1.95222
BHD 0.42322
BIF 3355.840496
BMD 1.116938
BND 1.434117
BOB 13.304697
BRL 6.23598
BSD 1.121859
BTN 105.43052
BWP 15.390668
BYN 3.358871
BYR 21891.994178
BZD 2.256198
CAD 1.58545
CDF 2585.712994
CHF 0.922111
CLF 0.027928
CLP 1099.177027
CNY 7.450371
CNH 7.453794
COP 3694.564422
CRC 507.424295
CUC 1.116938
CUP 26.924169
CVE 110.270773
CZK 24.354788
DJF 199.740057
DKK 7.47625
DOP 68.043258
DZD 152.48414
EGP 59.554492
ERN 16.754077
ETB 179.994487
FJD 2.525677
FKP 0.832292
GBP 0.836642
GEL 2.906546
GGP 0.832292
GHS 13.136688
GIP 0.832292
GMD 82.653562
GNF 9938.475849
GTQ 8.572449
GYD 235.072307
HKD 8.76312
HNL 30.15713
HRK 7.560568
HTG 147.044407
HUF 364.349789
IDR 20259.030123
ILS 3.555159
IMP 0.832292
INR 104.641833
IQD 1700.673814
IRR 2128968.509939
ISK 136.823788
JEP 0.832292
JMD 178.047728
JOD 0.791943
JPY 177.379852
KES 145.123759
KGS 97.676047
KHR 4575.260024
KMF 493.687026
KPW 1005.244587
KRW 1490.470597
KWD 0.347424
KYD 0.934841
KZT 500.851738
LAK 25250.530776
LBP 100457.611658
LKR 372.826182
LRD 190.708277
LSL 18.391087
LTL 3.298029
LVL 0.675625
LYD 7.191377
MAD 10.943273
MDL 20.158424
MGA 5126.7474
MKD 61.561175
MMK 2345.231838
MNT 4022.598159
MOP 9.064293
MRU 45.255167
MUR 52.406537
MVR 17.197943
MWK 1945.284431
MXN 20.775569
MYR 4.549319
MZN 71.383815
NAD 18.391498
NGN 1503.432278
NIO 41.047706
NOK 10.607894
NPR 168.688077
NZD 1.989781
OMR 0.429461
PAB 1.121859
PEN 3.823197
PGK 5.024268
PHP 70.53131
PKR 310.260744
PLN 4.39655
PYG 6924.308637
QAR 4.089414
RON 5.345225
RSD 117.672859
RUB 92.930538
RWF 1659.772039
SAR 4.196356
SBD 9.036867
SCR 15.62102
SDG 671.834968
SEK 11.019382
SGD 1.430949
SHP 0.83694
SLE 25.577639
SLL 23421.646337
SOS 641.127827
SRD 41.936638
STD 23118.371415
STN 24.501063
SVC 9.816426
SYP 14522.433745
SZL 18.396963
THB 37.527307
TJS 10.309647
TMT 3.909285
TND 3.35074
TOP 2.689319
TRY 56.099802
TTD 7.60833
TWD 36.706504
TZS 2951.513298
UAH 51.024415
UGX 4577.239646
USD 1.116938
UYU 45.39197
UZS 13433.342509
VES 1005.792492
VND 28623.782388
VUV 134.033855
WST 3.105204
XAF 655.957
XAG 0.021298
XAU 0.000275928649
XCD 3.018582
XCG 2.021788
XDR 0.789733
XOF 655.957
XPF 119.331742
YER 264.148544
ZAR 18.443557
ZMK 10053.789655
ZMW 22.853718
ZWL 359.653734
SSP 6417.721368
MXV 2.334945
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

Thai opposition parties dominate early election count

Thai opposition parties dominate early election count

Thai opposition parties dominated the early vote count in Sunday's national elections, in what was shaping up as a huge rejection of nearly a decade of military-backed government.

Text size:

The election campaign played out as a clash between a young generation yearning for change and the conservative, royalist establishment embodied by Prime Minister Prayut Chan-O-Cha, the ex-army chief who seized power in a 2014 coup.

With ballots counted from around half of the 95,000 polling stations, the reformist Move Forward Party (MFP) was on nearly five million votes followed by Pheu Thai on 4.2 million.

Prayut's United Thai Nation party lay third on 1.7 million, though it is not yet clear how the popular vote will translate into parliamentary seats.

And in a kingdom where coups and court orders have often trumped the ballot box, there have been fears the military could seek to cling on, raising the prospect of fresh instability.

Pheu Thai, the party of billionaire former premier Thaksin Shinawatra now fronted by his daughter, Paetongtarn, had urged voters to deliver them a landslide to see off the threat of military interference.

A landslide did not appear to be on the cards and the kingdom looks set for a period of political horse-trading as opposition parties try to form a governing coalition.

The Election Commission is not expected to officially confirm the final number of seats won by each party for several weeks.

But without an overwhelming majority MFP and Pheu Thai face a battle to secure power, thanks to the junta-scripted 2017 constitution.

The new premier will be chosen jointly by the 500 elected MPs and 250 senate members appointed by Prayut's junta -- stacking the deck in the army's favour.

In the controversial last election in 2019, Prayut rode senate support to become prime minister at the head of a complex multi-party coalition.

After casting her ballot in Bangkok, Pheu Thai's main candidate Paetongtarn showed no signs of nerves.

"Today is going to be a good day. I have very positive energy about it," the 36-year-old told reporters, smiling broadly.

- Protest legacy -

The election is the first since major youth-led pro-democracy protests erupted across Bangkok in 2020 with demands to curb the power and spending of Thailand's king -- breaching a long-held taboo on questioning the monarchy.

The demonstrations petered out as Covid-19 curbs were imposed and dozens of leaders were arrested, but their energy fuelled growing support for the more radical opposition MFP.

As he arrived to vote in Bangkok, MFP leader Pita Limjaroenrat, 42, said he expected a "historic turnout".

"Younger generations these days care about their rights and they will come out to vote," he told reporters.

While MFP sought support from millennial and Gen Z voters -- who make up nearly half the 52 million-strong electorate -- Pheu Thai drew on its traditional base in the rural northeast where voters are still grateful for the welfare policies implemented by Thaksin in the early 2000s.

Prayut also urged voters to turn out in large numbers as he cast his ballot on Sunday.

The former general made an unashamedly nationalist pitch to older voters, painting himself as the only candidate capable of saving Thailand from chaos and ruin.

But he lagged badly in the polls, blamed for a sputtering economy and feeble recovery from the pandemic, which battered the kingdom's crucial tourism industry.

Rights groups accuse Prayut of overseeing a major crackdown on basic freedoms, with a huge spike in prosecutions under Thailand's draconian royal defamation laws.

The country has seen a dozen coups in the last century and has been locked over the last two decades in a rolling cycle of street protests, coups and court orders dissolving political parties.

The Shinawatra family's bitter tussle with the royalist-military establishment has been at the heart of the drama, with Thaksin ousted in a 2006 coup and his sister Yingluck unseated by Prayut in 2014.

An unclear or disputed result this time could lead to a fresh round of demonstrations and instability.

Adding to the uncertainty, rumours are already swirling that MFP could be dissolved by court order -- the same fate that befell its predecessor Future Forward Party after it performed unexpectedly well at the 2019 poll.

(Y.Berger--BBZ)