Thailand’s chaotic electoral result is near investors’ worst case scenario, says ClaraMarquesRTR:
Thailand’s two main political parties each claimed that they had enough support to form a coalition government on March 25, a day after the country went to the polls for the first time since a 2014 military coup.
On March 25, the Election Commission posted the winners of 350 seats contested on a first-past-the-post basis, out of a total of 500 in the lower house. The pro-Thaksin Phew Thai Party was ahead with 137 seats, compared to 97 seats for the Prayuth’s Palang Pracharat Party. Official results for the remaining 150 “party seats”, will not be announced until May 9.
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