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February 3, 2021 Thai Enquirer Summary Political News • Prime

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February 3, 2021 Thai Enquirer Summary Political News • Prime February 3, 2021 Thai Enquirer Summary Political News Prime Minister Gen Prayut Chan-o-cha came out to warn media in Thailand not to cover too much news about the coup in Myanmar as it may impact the relationships between Thailand and Myanmar. Prayut who himself undertook a coup in 2014 to seize power came out to reiterated that Thailand’s stand on Myanmar’s coup falls in line with the Association of Southeast Asian Nations (ASEAN)’s. Meanwhile, former Election Commissioner Somchai Srisutthiyakorn came out to urge Gen Prayut to show Thailand’s stand against the military coup in Myanmar as a country that shares a history of military coups in its country throughout the past decade. The former EC urged Gen Prayut to announce make clear that: Thailand disagreed with an intervention by the Myanmar army. Thailand wants Myanmar to restore democracy as soon as possible, with a release of all political actors detained. A suspension of foreign relations with and all aid programs for Myanmar. A call for ASEAN nations to follow these policies. On the Thai political front, the Cabinet gave nod to a censure debate timeframe proposed by government whips to take place on February 16-19, to be concluded within 4 days so a vote can be cast on February 20. The opposition chief whip Sutin Klungsang, from the Pheu Thai Party, announced that the opposition prepares a line-up of 45 MPs to grill Prime Minister Gen Prayut Chan-o-cha and 9 ministers. Of these, 15 MPs are from the Pheu Thai Party. Sutin called on the government not to impose a debate deadline after Wirach Ratanasate, chief government whip, suggested that the debate should be wrapped up before midnight on the last day. The opposition chief whip threatened to seek the intervention of the Constitutional Court if the government attempted to block the opposition from examining the government performance by forcing the no-confidence to end. He said the opposition can ask the Constitutional Court to rule if the government denied extra debate time. The opposition is calling for 5 days of debate, while the government wants it to be limited to just 4 days. Gen Prayut came out to shrug off speculation that he would reshuffle the cabinet after the censure debate. The coalition Phalang Pracharat Party (PPRP) and Democrat Party are wrangling over the upcoming by-election in Nakhon Si Thammarat’s constituency 3 after both parties refused to give way to one another but to field candidates to contest the by-election. The Democrat Party’s executive committee is speculated to give nod to Pongsin Senpong, the younger brother of disqualified MP Thepthai Senpong with support of the party’s candidate selection committee and Democrat Party deputy leader Nipit Intarasombut, Chamni Sakdiset, chairman of the selection committee. Chamni is expected to submit Pongsin’s name on behalf of the selection committee to the party’s executive board for approval on February 5 before the candidacy registration starts on February 11. Deputy Prime Minister Gen Prawit Wongsuwan, as Phalang Pracharat Party (PPRP) leader, refused to budge on decision to field a candidate to contest the by- election under the party’s banner. In the latest development, a report said PPRP MPs in the south gives full support for Ayasit Srisuwan, a former candidate for Nakhon Si Thammarat’s Constituency 3, to run for the race under the party’s banner. Ayasit is said to awaiting Gen Prawit’s approval and he is good to go ahead. Nattaporn Toprayoon submitted a petition to the Election Commission (EC) to seek the dissolution of the Kao Klai (Move Forward) party for actions he deems hostile to democracy with the king as head of state. Nattaporn, a former advisor to the Chief Ombudsman, asked the polls agency to look into whether Move Forward violated Sections 45 and 92 (2) and (3) of the political parties law for supporting youth-led protesters by using their positions as MPs to bail them, submitting a bill to amend Section 112 of the Criminal Code on lese majeste and supporting the iLaw constitution-amendment bill which he claimed to oppose the constitutional monarchy. Nattaporn also asked the EC to petition the Constitution Court questioning the legitimacy of the party’s role in trying to rewrite the constitution. He also said he had evidence that pointed to the party which is behind pro- democracy rallies. In response, Move Forward leader Pita Limjaroenrat came out to dismiss Nattaporn’s accusations as “absurd and nonsense”. Nattaporn is the same person who sought dissolution of the Future Forward Party over the Illuminati case. The case was dismissed by the Constitutional Court. Pita said he and his party’s legal team are planning to file a complaint against Nattaporn for filing a false report under Section 101 of the Political Parties Law. He accused Nattaporn of having the intention to cause turmoil to distract public attention from the government’s administrative failures in the coming censure debate. Police chief of the Phu Khieo Police Station in Chaiyaphum province faced an abrupt transfer yesterday after allowing the Ratsadon (People Movement) Group to march from their encampment outside Phu Khieo School in Phu Khieo district to the police station and put up cloth banners that say: “Reform the Royal Institution” and the hashtag #SAVE MYANMAR outside the station. Pol Lt Gen Panurat Lakboon, the commissioner of Provincial Police Region 3, issued a transfer order of Pol Col Permsuk Siripala, chief of Phu Khieo police, to an inactive post at the Region 3 operations centre in Nakhon Ratchasima, for allowing the banners to be hung up, he had shown a lack of responsibility and discipline. Pol Lt Gen Panurat said police must cherish the royal institution, with the highest respect. The Provincial Police Region 3 commissioner also shaved his head to demonstrate his commitment to police discipline. Economic News The Thai National Shippers Council (TNSC) believes that Thai exports are expected to grow by 3 to 4 per cent this year as the global economy recovers but warned that the baht’s continuous rise is a worry. The Council saw a better-than-expected exports performance. Thai exports contracted 6.01 per cent, better than the previously forecast decline of 10 per cent. TNSC chairwoman Ghanyapad Tantipipatpong pins hopes on global Covid-19 vaccine developments and support from the government. “Last year’s exports were quite satisfactory, declining less than expected, at 6 per cent, suggesting an economic recovery in some countries,” she said. “So we think the trade picture this year should not be worse”. Investor confidence index for the next 3 months through April rose 1.5 per cent to 132.55 points, according to the monthly survey by the Federation of Thai Capital Market Organisations (Fetco). Factors deemed to shore up investor confidence include high anticipation for foreign capital inflows to the Thai capital market in which its equity prices underperforming, the de-escalation of the Covid-19 outbreak buoyed by vaccine developments and better performance of SET-listed firms with a forecast of 40 per cent growth in combined profits. Myanmar military coup continues to have impacts on Thai operations in Myanmar. Amata Corporation Plc (AMATA), Thailand’s largest industrial estate developer, to halt its investment in a 2,000-acre industrial complex worth US$1 billion called the “Yangon Amata Smart and Eco City (YASEC)” due to fears that the military coup and possible international sanctions will drive investors away from the country. AMATA chief marketing officer Viboon Kromadit said AMATA had just begun construction on the industrial complex outside Yangon in December but the development, including a new power plant, will be put on hold. Viboon said AMATA had no choice but to take a “wait and see” approach to the situation, adding that the company and its clients are concerned about a possible trade boycott by Western countries. Around 20 companies, mostly Japanese, are in talks to buy land in the complex to set up production bases, according to Amata. The company said it has already spent 140 million baht on the 1st phase of construction. The coup in Myanmar is likely to affect more than 150 Thai private companies that invested in Myanmar due to possible changes in terms and conditions of their contracts, says a source with the Board of Investment (BoI). Forty-seven investment projects of Thai companies received special investment privileges, worth US$911.99 (Approximate 27.360 billion baht) betweeng the fiscal years 2016-2017 and 2020-2021, according to data from Yangon Thailand Trade Office. The cabinet’s meeting gave the greenlight to operators of Thong Fah (Blue Flag) store project, operators of stores who register in the government’s half-half co-payment scheme, van and tricycle drivers and taxi drivers to be included in the Rao Chana (We Win) financial aid scheme. The cabinet yesterday adjusted criteria for these business operators and such public transport drivers to be qualified for the scheme. Registration is required on the website www.เราชนะ.com. from January 29 to March 31, 2021. The Stock Exchange of Thailand (SET) Index continue to rally in line with foreign bourses buoyed by the rally in crude oil prices after Saudi Arabia cut production as well as stability of the stock exchanges in United States, the key support for the US economic expansion. The SET Index closed at 1,486.25 points yesterday, up 8.20 points or 0.55 per cent. Total transactions amounted to 77.033 billion baht with an index high of 1,496.46 and a low of 1,480.50.
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