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2022 review: Prayut and Prawit battle for control at the top of Thai politics

13 Sept 12:55 Key points summarised by AI

Prime Minister Prayut Chan-o-cha announced his decision to seek another term with the new Ruam Thai Sang Chart Party, confirming a political split from his former party.
Prayut's move came after the ruling Palang Pracharath Party decided to nominate its leader, Prawit Wongsuwan, as its sole prime ministerial candidate, setting up a direct contest between the former military allies.
Analysts debate whether the separation signifies a genuine political fallout or a strategic electoral maneuver, potentially a 'pincer move' with an eye on post-election reunification.
Prayut's new party must secure at least 25 MP seats to nominate him for PM, with the success of this endeavor hinging on his personal appeal and ability to attract political heavyweights.
Speculation suggests Prawit is actively pursuing the premiership, including a potential 'secret deal' with the opposition Pheu Thai party to form a government, which could facilitate Thaksin Shinawatra's return from exile.

Yesterday 09:24 Key points summarised by AI

Thailand secured a US$200 million loan from the World Bank to significantly invest in clean energy and low-carbon urban development initiatives.
The program aims to drive clean energy funding and low-carbon growth, ensuring a just transition for small and medium-sized enterprises, workers, farmers, and local communities.
Channelled through the Export-Import Bank of Thailand, the loan will fund energy efficiency upgrades in public buildings and industrial areas, including rooftop solar installations and electrical system modernizations, reducing initial capital burdens via Energy Service Companies (ESCOs).