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REUTERS/Athit Perawongmetha/File Photo Acquire Licensing RightsBANGKOK, Sept 2 (Reuters) - Thailand’s King Maha Vajiralongkorn endorsed a new cabinet, including real estate tycoon Srettha Thavisin as the country’s new prime minister and finance minister, according to a Royal gazette published on Saturday, months after the May elections. Srettha's Pheu Thai party, backed by the billionaire Shinawatra family, will oversee defence, transport, commerce, health and the foreign ministry portfolios. The second-place Pheu Thai broke off an alliance with Move Forward and brought on rival parties aligned with army generals that ousted Shinawatra-linked parties in 2006 and 2014 coups. Thaksin and the Pheu Thai party say that is not the case. The new cabinet has Pheu Thai controlling ministries overseeing the economy ministries, which will be crucial in implementing its policies, including a 10,000 baht ($285.63)handout in the form of digital currency.

Persons: Pheu, Thailand's, Athit, Maha Vajiralongkorn, Srettha Thavisin, Srettha's, Thaksin Shinawatra, Thaksin, Bhumjaithai, Srettha, Chayut Setboonsarng, Miral Fahmy, Gerry Doyle Organizations: REUTERS, Rights, Pheu, Conservative, Thomson Locations: Bangkok, Thailand, Rights BANGKOK

Reviving Thailand's economy will be one of the biggest tasks for political newcomer Srettha, who became prime minister last month following prolonged uncertainty after a May election. On the day of the vote, Pheu Thai figurehead Thaksin Shinawatra returned to Thailand in a dramatic homecoming after living abroad for 15 years in self-exile to avoid an 8-year prison sentence. Srettha's rapid ascent to power, Thaksin's smooth return and a coalition between Pheu Thai and former rivals fuelled speculation about an agreement between Thaksin and his foes among the country's powerful conservative and royalist army. Thaksin and the Pheu Thai party say that is not the case. The Pheu Thai will control key economic ministries, which will be crucial in implementing its policies, including a 10,000 baht ($285.63)handout in the form of digital currency.

Persons: Pheu, Thailand's, Athit, Srettha Thavisin, Srettha, King Maha Vajiralongkorn, Thaksin Shinawatra, Thaksin, Bhumjaithai, Chayut Setboonsarng, Miral Fahmy, Gerry Doyle Organizations: REUTERS, Rights, Pheu, Conservative, Thomson Locations: Bangkok, Thailand, Rights BANGKOK

☆ Thailand has a new leader but it's not the one people voted for. Here's why
▼ + stars: | 2023-08-23 | by ( Helen Regan | ) edition.cnn.com time to read: +10 min

Protesters walk through smoke after setting fire to mock corpses during a protest at Pheu Thai Party headquarters in Bangkok on August 2, 2023. It formed a coalition with other like-minded parties, including runners up Pheu Thai. Former Thai Prime Minister Thaksin Shinawatra flanked by his son Panthongtae Shinawatra and daughter Paetongtarn Shinawatra at Don Mueang airport in Bangkok, Thailand August 22, 2023. “I want to be a prime minister who can make the difference,” Srettha previously told CNN. But with an 11-member coalition that includes bitter rivals, it’s unclear whether Srettha and Pheu Thai will be able to govern effectively.

Persons: staved, Srettha Thavisin, Thaksin Shinawatra, Thaksin, Thais, Valeria Mongelli, Hans Lucas, lese, Pita Limjaroenrat, Pita, Pheu, Pheu Thai, Thaksin’s, Shinatwatra, ”, Thitinan Pongsudhirak, Panthongtae Shinawatra, Paetongtarn Shinawatra, Athit, ” Thitinan, Yingluck Shinawatra, “, Strettha, Thailand’s King Vajiralongkorn, Srettha, Prayut Chan Organizations: CNN, Party, Pheu Thai Party, Reuters, Pheu, Senate, Chulalongkorn University . Former Thai, Thaksin, Manchester City Football Club, Thai, Facebook, Thai Corrections Department, Procter & Gamble, Bangkok Post Locations: Thailand, Bangkok, Senate, Thai, Pheu Thai, Don Mueang

CNN —Thailand’s parliament on Tuesday voted for real estate tycoon Srettha Thavisin to be the country’s next prime minister, bringing an end to three months of political deadlock. Srettha, 60, was the sole candidate put forward by the populist Pheu Thai Party and received 482 votes out of a possible 747 in Thailand’s bicameral parliament. “I want to be a prime minister who can make the difference,” Srettha told CNN. During campaigning, Pheu Thai pledged to give 10,000 baht (about $300) in a digital wallet to every citizen over the age of 16. But with an 11-member coalition that includes bitter military rivals, it is unclear whether Pheu Thai can govern effectively.

Persons: CNN —, Srettha Thavisin, Thaksin Shinawatra, Srettha, Pheu Thai, Pracharath, Prayut Chan, Pheu Thai’s, Thaksin’s, Yingluck Shinawatra, Thais, Thaksin, “, ” Srettha Organizations: CNN, Pheu Thai Party, Pheu Thai, United Thai Nation Party, National Institute of Development Administration, Reuters, “, Claremont Graduate School, Procter & Gamble Locations: Thailand, Pheu, Thai, “ Thailand, United Kingdom, United States

The NewsThailand’s Constitutional Court on Wednesday dismissed a petition to renominate Pita Limjaroenrat, a leading candidate, as the country’s next prime minister. Mr. Pita, 42, led the progressive Move Forward Party to a surprise victory in the general election in May. But last month, the military-appointed Senate voted against him when he was nominated as prime minister by a new coalition. Pheu Thai, a populist party co-founded by former prime minister Thaksin Shinawatra, said on Tuesday it would nominate Srettha Thavisin, a real estate tycoon, as its prime minister candidate. The next vote for prime minister will take place in Parliament on Aug. 22, the House speaker, Wan Muhamad Noor Matha, said.

Persons: Pita Limjaroenrat, Pita, Pita’s, Thaksin Shinawatra, Srettha, Mr, What’s, Sansiri, Pheu Thai’s, Phumtham Wechayachai, Wan, Matha Organizations: Party Locations: Thailand

[1/2] Thailand's Prime Minister Prayuth Chan-ocha attends the draw for the party's list usage for the upcoming election ahead an event by the election commission in Bangkok, Thailand, April 4, 2023. The election broadly pits political groups backed by the royalist military and Bangkok establishment against an opposition led by the populist Pheu Thai party, which together with its previous incarnations has won every election since 2001. Pita Limjaroenrat, another opposition figure, was nominated by his Move Forward party, popular among young voters. Political experts say the generals would have an advantage in the race, having led the junta that appointed the current slate of senators. Reporting by Chayut Setboonsarng and Panarat Thepgumpanat; Editing by Martin PettyOur Standards: The Thomson Reuters Trust Principles.

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