Prime Minister proposed the “3 New” concept to strengthen the ASEAN economy

13 Sept 10:30 Key points summarised by AI

Prime Minister Prayut Chan-o-cha introduced the "Three New" concept at the ASEAN Business and Investment Summit 2020 to bolster the ASEAN economy and aid COVID-19 recovery.
"New Economic Models" advocate for balanced growth, integrating economic progress, technological advancement, social equity, and environmental sustainability.
"New Engine of Growth" focuses on leveraging science, technology, and innovation to maximize economic strength and enhance support for ASEAN SMEs.
"New Economic Ecosystem" aims to build comprehensive digital infrastructure and trade connectivity, fostering a fully integrated "Digital ASEAN."

Speculation growing over merger between Bhumjaithai and Kla Tham parties

Yesterday 16:46 Key points summarised by AI

A dinner between Bhumjaithai leader Anutin Charnvirakul and Kla Tham leader Capt. Thamanat Prompow ignited widespread speculation about a potential merger between their parties.
The meeting is viewed as a strategic message to coalition partner Pheu Thai, indicating Bhumjaithai's alternative options following Pheu Thai's chief whip's remarks about not fully defending all ministers in the upcoming no-confidence debate.
A direct merger between parties with sitting MPs is currently prohibited by Section 99 of the Constitution until the House's term expires, though MPs can switch parties through dismissal or party dissolution.
These constitutional rules aim to prevent financially strong parties from easily absorbing smaller ones, a practice that historically led to single-party dominance, as seen with Thai Rak Thai's 2005 election victory.