Elected Thai govt to take power earliest by end-2017: official
Analysts say vote for military-backed constitution reflects desire for stability
Bangkok
A DEMOCRATICALLY elected government will take power in Thailand at the earliest by December 2017, a senior Thai official said on Monday, after the country endorsed a military-backed constitution paving the way for a general election.
Thais handed the junta of Prime Minister Prayuth Chan-ocha a convincing win in the referendum on Sunday, with preliminary results showing over 61 per cent voted in favour. Full results are due on Wednesday.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
IMF boosts Asia growth forecast this year on China, India
Australian retail sales unexpectedly decline, currency drops
South Korea’s March factory output falls most in 15 months
Deflation reaches UK stores as non-food prices fall 0.6%
Japan’s March factory output rises 3.8% vs month earlier
Hong Kong vies with US in Bitcoin ETF market after crypto’s revival