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Bangkok, July 3 – Assoc. Prof. Dr. Thanaporn Sriyakul, President of the Association of Political Sciences Kasetsart University Participated in the analysis of the battle for the council president. between the Progressive Party with Pheu Thai Party That seems to have ended after “Pheu Thai” nominated a middleman like “Wan Muhammad Noor Matha”, leader of the National Party to prepare to vote tomorrow (July 4). – Thai News Agency
Source: Thai News Agency
BANGKOK, July 3 – The first meeting of the House of Representatives tomorrow (July 4) still does not have a speaker. That comes from the selection of members, so the process will start from the meeting to provide The oldest MP Acting as the interim chairman of the meeting
The process of selecting the Speaker of the House of Representatives tomorrow (July 4) will begin with the search for a temporary seated Speaker of the House of Representatives, who, according to current information, is Lt. Gen. Wiroj Pao-in, 89 years old, party-list MP. No. 1, Pheu Thai Party, which is the most senior MP, Lt. Gen. Wiroj, is considered experienced in the political path. Since being a member of the House of Representatives, Ang Thong Province, a brief history
Appointed as Minister for 2 terms as Deputy Minister of Interior in the government of General Suchinda Kraprayoon
In 2000, he was appointed Deputy Prime Minister. in the government of Chuan Leekpai
In 2005, he lost the election to a new candidate from the Thai Rak Thai Party.
In 2007, he signed up for the 5th rank of Proportional MP under the People’s Power Party. but was not elected
In 2009, he was a member of the National Assembly’s fact-finding committee. and joined the Pheu Thai Party By taking the position of deputy leader of the party
In 2011, he signed up for the 17th party-list system of Pheu Thai Party. Served as the 4th Vice Chairman of the Board of Directors in the Government of Ms. Yingluck Shinawatra
Year 2014 Candidate for election List of MPs Pheu Thai Party No. 119
Year 2023 Candidates Pheu Thai Party No. 1, which is considered the most senior MP in this election.
As for the process of selecting the chairman of the council The first step is to nominate a person who will chair the council. Must have 20 people to certify. Step 2 to show the vision. and step 3, open for voting, in the case of nominating a single person Cut off step 3, that is, do not have to vote. By considering that person to be the chairman of the council. As for the case, there are several options. In addition to open for voting There must still be a process for selecting the vote counting committee members. Vote by secret way to enter the booth and allow 20 MPs to vote at a time, in order to exercise their rights in alphabetical order. and when voting is complete to count the score The result will appear on the screen immediately. Then, when the count is complete, the list of selected candidates will be announced. The process of selecting the other 2 Vice Presidents will be done in the same way as choosing the President of the Council.
As for the qualifications of those who are legally ready to perform the duties of the President of the Council, they must be current MPs (no minimum age requirement), not being an executive committee member. or hold any position in any political party and prohibited from holding the position of Prime Minister or other political officials and has a role to play both in the House of Representatives outside the House of Representatives and in the House of Representatives meetings – Thai News Agency
Source: Thai News Agency
Lancaster Hotel, July 3rd – A step forward – Pheu Thai surrenders to “Wan Nor” to sit in the chair of the council, divide the vice presidents, hoping to push “Pitha” to sit in the prime minister smoothly. believes that it does not affect the relationship of the coalition party
Mr. Pita Limjaroenrat and Dr. Chonnan Srikaew, leader of the Pheu Thai Party, together with the leaders, jointly announced the results of the discussion on the position of Speaker of the House of Representatives.
Mr. Phitha said that according to the 8 parties that jointly formed the government. Have a meeting to discuss the position of Speaker of the House of Representatives and Deputy Speaker of the House of Representatives By assigning the Kao Klai Party and the Pheu Thai Party to negotiate an agreement, now both parties have agreed that will nominate Mr. Wan Muhammad Noor Matha, leader of the National Party President of the House of Representatives by members of the House of Representatives from the Kao Klai Party as the 1st Deputy Speaker of the House of Representatives and the Pheu Thai Party MPs as the 2nd Deputy Speaker of the House of Representatives, with all 8 MPs ready to support this agreement.
Mr. Phitha said that the person who will serve as Speaker of the House of Representatives and Deputy Speaker of the House of Representatives. ready to push forward the agenda of the Pheu Thai Party and the Far Away Party for efficiency
This is to create unity between the 8 parties in forming a government. Offer and support Mr. Phitha Lim Chareonrat to be the prime minister to the best of his ability By proceeding with the MOU that was signed together on May 22, 2023, confirming that they will join the push important laws that benefit the people
Mr. Pita is confident that this agreement on the Speaker of the House of Representatives and the Deputy Speaker of the House of Representatives is the starting point for working together to form a government to administer the country according to the intentions that the people have clearly expressed through the elections held today. On May 14, 2023 and confident that the election of the Speaker of the House of Representatives tomorrow will be smooth.
As for approaching Mr. Wan Muhammad Nor Matha, Mr. Phitha said yesterday he sent Mr. Chaitawat Tulathon, the secretary of the Kao Klai Party, to talk to Mr. Wan Muhamad Nor. At home and today I have the opportunity to talk to Mr. Wan Nor and read the statement Could have been a better atmosphere and fully functional. And maintain the unity of the 8 ruling parties more. Mr. Wannor agrees and is ready to work with the 1st Vice President of the 2nd person, we mainly focus on principles.
As for Mr. Wan Muhammad Noor How to push for marriage equality law? Because he said that it was contrary to religious principles, Mr. Phitha said that he had already discussed the process of the parliament with other laws. But on the part of the Prachachart Party, it will reserve its resolutions or considerations. Or to deputy other people who can take care of any agenda. It is confident that Pheu Thai MPs will comply with the agreement between the two parties.
As for the position of Speaker of the Council, will it affect the Prime Minister or not? Mr. Pita said today is a good vision. Unity showed compromise in order to achieve the essential goal of sending him to the prime minister and forming a stable government. As for the ministerial quota, will it change or not? should be the next process That still needs to be negotiated and remains in accordance with the principle of the number of members of the House of Representatives of each party
When asked to reiterate that now the voice of MPs is not enough to vote for Prime Minister How to chorus the senators’ voices, Mr. Phitha said that this moment was no different from what he had done before. At first there will be a wall, but still believe that it’s time. If listening to the majority of senators, if adhering to the principles according to the year 2019 and this time they can combine 312 votes, if adhering to that principle there should be no problem. And it’s not a personal matter, it’s not about Mr. Phitha. or not Mr. Pita But it is a matter of norms and principles. If you take the people and the country as a set, believe that there should be no problem. And in the coalition government, confirming the nomination of Phitha as the only prime minister and he believed in the Pheu Thai Party Despite the proposed formula, this formula Which has many formulas, but to see the unified work like this, he trusts the Pheu Thai Party and the opinions of the people that have been expressed. It’s likely to follow that.
Dr. Chon Nan Confident that Pheu Thai people will not nominate Pheu Thai MPs to compete for the Speaker of the House of Representatives, and are confident that people from other parties will not be able to nominate Pheu Thai MPs to compete for the position of President, including the Prime Minister position.
Mr. Phumitham said he had discussed with Mr. Wan Muhammad Noor that if everything is smooth there must be a mediator come to help will be better learned But at first, Mr. Wannor don’t wish to be and saw that if the talks could be completed by July 4, it would be the best thing, if OK, then come back and talk, which both sides saw that it could be a solution And think that it will be a solution that can move forward. because the important thing is not only in the position of Speaker of the House of Representatives But it is a handshake for the democratic government to go well in order for the people to meet the wishes of those who want to see change. Democratic parties can quickly form a government.-Thai News Agency
Source: Thai News Agency
Bangkok, July 3 – Analysts expect the economy to recover. Support the stock index to recover at the end of the year to reach 1,630 points, reduce the 2023 GDP forecast to 3.38%, keep an eye on government establishment, domestic politics, Fed interest rates, and the global economy.
Mr. Sombat Narawutthichai, Secretary-General of the Investment Analysts Association Revealing the results of a survey of 25 companies’ members, analysts and fund managers on investment views in the second half of 2023, which can be summarized as follows:
Most viewed that the price of crude oil this year has been reduced from $ 83.04 per barrel to $ 80.53 per barrel. And reduce the forecast of Thai GDP growth in 2023 from the original 3.50% (Apr. 23) down to 3.38% from the Risk Free Rate survey used in the valuation. The average value is 2.76% and the assumption of the market risk premium used in the valuation is 7.12%.
As for the factor that will affect the direction of investment in the second half of 2023, there is only one factor: the domestic economy, 72%. 80% came from global economic factors, followed by the US interest rate direction at 68%, followed by foreign political factors at 64%, and the reduction or end of quantitative easing (QE) measures of key countries around the world at 60%. Next is Fund Flows outflow of 59% and domestic political factors have as many as 55%.
Factors to keep an eye on in the third quarter of 2023 are the establishment of the government. domestic politics Fed interest rates and global economic conditions
Regarding the MPC’s policy interest rate adjustment in the second half of 2023, 61.54% of analysts expected an increase of 0.50%, followed by 38.46% who saw an increase of only 0.25% and 36% who saw fixed
The average earnings per share (EPS) for 2023 is 93.21 baht, downgraded from the previous survey, which was 95.77 baht per share, and this time the EPS growth forecast for 2023 is 7.61%.
While expecting the SET Index in Q3 2023, 36% of voters expect it to be sideways, while 32% of respondents see the market moving in equal positive and negative directions. SET Index at the end of Q3 was at 1568 points.
As for the perspective from the third quarter to the end of the year, the SET Index is expected to swing within a range of 1,454 to 1,643 points and is expected to close at 1630 at the end of 2023.
Analysts recommend diversifying investment portfolios, divided into cash and short-term deposits 14.24%, bond funds, 22.83% Thai stocks or Thai stock funds, 24.87% stocks or foreign stock funds, 23.83% real estate funds or REITs, 6.59% gold. Or other 7.43% gold funds such as crypto 0.21%
with an opinion on sending foreign stock capital foreign stock funds Introducing Technology Fund China and Asia stock funds from the reopening of economic activities to normal again. For investing in Thai stocks It is recommended to increase investment weight in the sectors of retail, banking, medical and tourism. while reducing the weight of investments in finance (non-bank), petrochemical, energy and utilities businesses.
List of stocks recommended by analysts with the same number of recommending analyst firms from 5 or more firms are as follows (sorted by abbreviation):
ADVANC sees that industry competition is declining. good for business
AOT, driven by the recovery of the tourism sector.
BBL considers that it has expertise in large business loans. with market share being No. 1 in this market, this type of loan, despite the low risk But it has low risk. In addition, BBL has most of its loans with floating interest rates. and has a high proportion of fixed deposits which benefited most from rising interest rates It also supports a lot of risks. The reserve ratio to NPL is 243%, which is much higher than the average of 171% among banks.
CPALL Supporting factors from increasing consumption tourists recovering
SCB sees that it benefits from the MPC opening a channel to raise interest rates. Good for bank stocks as a whole, and the price is still Laggard. The group for stocks that should be avoided, including Dela stocks, greatly exceeds the fundamental value. and stocks that may be affected by the new government’s policies
Finally, analysts also added recommendations to the new government on policies that will have a positive effect on the economy. worth the impact on the budget Most of them spoke about both short-term and long-term economic stimulus measures. Separately, it is a policy to stimulate investment. Helping the business sector, including policies to stimulate foreign investment expanding the export market. Next, accelerating investment in infrastructure. Public investment that supports the potential of economic growth and is followed by a policy to help people, for example, postpone stock tax collection. Reduce personal income tax There are measures to reduce the cost of living. Instead of raising the minimum wage and canceling the policy of giving money.-Thai News Agency
Source: Thai News Agency
United States, July 3 – The Thai Festival is held to celebrate the 190th anniversary of Thai-US diplomatic relations in Washington. A large number of people attended the event. – Thai News Agency
Source: Thai News Agency