Srettha Thavisin Becomes New Prime Minister of Thailand

August 23, 2023

Srettha Thavisin, formerly the chief of a prominent real estate development firm in Thailand, has become the country’s prime minister amidst a political deadlock following recent elections. Thavisin’s unexpected ascension followed a parliamentary vote, coinciding with the return of Thaksin Shinawatra, founder of Thavisin’s Pheu Thai Party, after 15 years of exile. Thavisin’s win was backed by pro-military members of parliament, forming a tactical alliance that sidelined the progressive Move Forward Party.

Despite his lack of administrative experience, Thavisin’s business acumen and connections within the business elite led to his rise in politics. He co-founded Sansiri, a major property development company, and his election led to a stock surge for the company. Thavisin’s political inexperience presents both opportunities and challenges in his new role.

What was the catalyst for Srettha Thavisin’s rise to the role of Thai prime minister?

Thavisin’s ascension followed a parliamentary vote amidst a political deadlock following recent elections. His unexpected rise coincided with the return of Thaksin Shinawatra, founder of the Pheu Thai Party, after years of exile.

Why did pro-military members of parliament support Thavisin’s premiership?

The conservative establishment viewed Thavisin and his Pheu Thai Party as a more acceptable option, leading to a tactical alliance with pro-military factions. This alliance effectively sidelined the progressive Move Forward Party, which had won the previous election.

What business background does Srettha Thavisin bring to his role as prime minister?

Thavisin’s family connections within the business elite and his role as co-founder of Sansiri, a major property development company, underscore his business acumen. His success in the business world paved the way for his political rise.

What controversies have surrounded Srettha Thavisin’s journey to power?

Allegations of wrongdoing in two land deals during Thavisin’s tenure at Sansiri emerged earlier this month. Thavisin and Sansiri strongly denied these claims.

How does Thavisin’s political inexperience impact his role as prime minister?

Thavisin’s transition from business to politics, similar to Thaksin Shinawatra’s journey, presents both advantages and disadvantages. His business acumen and fresh perspective may be assets, but his lack of political experience could pose challenges in navigating complex political dynamics.

What are the potential implications of Thavisin’s premiership for Thailand’s political landscape?

Thavisin’s rise marks an alignment between pro-military factions and the conservative establishment. The unexpected alliance and his business background introduce new dynamics to Thai politics, potentially shaping policies and power dynamics moving forward.

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