Thai King endorses new Prime Minister

August 19, 2024 | 15:11

(0) user say

Thai King Maha Vajiralongkorn endorsed Paetongtarn Shinawatra as Prime Minister of the country on August 18, two days after her election by the House of Representatives.

New Thai Prime Minister Paetongtarn Shinawatra at a press conference following the appointment ceremony in Bangkok, Thailand, on August 18, 2024. (Photo: Getty Images/VNA)

Hanoi - Thai King Maha Vajiralongkorn endorsed Paetongtarn Shinawatra as Prime Minister of the country on August 18, two days after her election by the House of Representatives.

The King's approval, a formality, was read out by Secretary of the House of Representatives Apat Sukhanand at a ceremony in Bangkok, paving the way for the formation of a cabinet in coming weeks.

As reported by the Bangkok Post, at the ceremony, the 37-year-old knelt in homage to a portrait of the King before giving a short speech thanking him and the people's representatives for endorsing her as Prime Minister.

She promised to do her duty to the best of her ability, show loyalty to the royal institution and act with honesty for the utmost benefit of the public and the nation.

The country’s youngest PM said that in the remaining three years of the House term, she, as head of the executives, would cooperate with the legislature with an open mind to develop the nation.

“I, Paetongtarn Shinawatra, as the prime minister, will do my duty to the best of my ability and make Thailand the country of equal opportunity and happiness for all fellow Thai people,” the premier declared as quoted by the Bangkok Post.

Thai banks introduce measures to cope with bad debts

Thailand’s major financial institutions are preparing for a difficult second half of 2024, as a struggling economy and high household debt force banks to take a more conservative approach to lending.

Thailand - bright spot in global gold market

Demand for gold in Thailand is on the rise despite the global trends of record high prices, according to the latest report released by the World Gold Council (WGC) on August 13.

US solar group files complaint against rising solar imports from Vietnam and Thailand

The American Alliance for Solar Manufacturing Trade Committee (AASMTC) has filed a complaint with the US Department of Commerce regarding surges of solar imports from Vietnam and Thailand that are injuring the US solar industry.

By VNA

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional