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Former Transport Minister Arkhom to be Thailand’s new Finance Minister

21 Sept 07:41 Key points summarised by AI

Former Transport Minister Arkhom Termpittayapaisith has been named Thailand's new Finance Minister, succeeding Pridi Daochai, who resigned after only 20 days.
Arkhom brings extensive experience, having served as Transport Minister and held key positions on the National Economic and Social Development Board and various economic committees.

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.