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Cabinet to be asked to let Finance Ministry proceed with THAI rehabilitation

13 Sept 18:26 Key points summarised by AI

Deputy Prime Minister Wissanu Krea-ngarm will propose to the Cabinet to transfer the authority for Thai Airways International's (THAI) rehabilitation plan from the Transport Ministry to the Finance Ministry, amicably resolving a dispute between the two.
THAI, facing over 200 billion baht in debt, is proceeding with a court-sanctioned rehabilitation process under the Thai Bankruptcy Act, while its board has also appointed four new directors.

Yesterday 16:46 Key points summarised by AI

A dinner between Bhumjaithai and Kla Tham party leaders sparked rumors of a potential merger, though Bhumjaithai's leader, Anutin, downplayed it as a casual meal.
The meeting is widely interpreted as a strategic message from Bhumjaithai to the Pheu Thai party, signaling alternative support ahead of an upcoming no-confidence debate.
Thailand's Constitution (Section 99) currently prohibits direct mergers of parties with sitting MPs during the House's term, a rule designed to prevent the 'buying and selling' of MPs.
While direct mergers are restricted, MPs can still switch parties if dismissed by a three-fourths party vote or if their party dissolves, allowing for indirect political realignments.
Kla Tham's voting behavior in the censure debate will demonstrate its loyalty to the government, potentially influencing future political dynamics despite current merger restrictions.