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What will be the performance of Thailand's SET Index at the end of Q4 2024?
2
Resolution / Starting Odds
Higher than Q3 2024 closing • 25%
Same as Q3 2024 closing • 25%
Lower than Q3 2024 closing • 25%
Significantly lower (more than 10%) than Q3 2024 closing • 25%
Official closing data of the SET Index from the Stock Exchange of Thailand
Story
Thai Court Removes PM Srettha in 5-4 Ruling for Ethical Breach
Aug 14, 2024, 08:27 AM
Thailand's Constitutional Court has removed Prime Minister Srettha Thavisin from office due to an ethical violation. The court, in a 5-4 ruling, found him guilty of breaching ethical standards by appointing Pichit Chuenban, a former lawyer with a criminal record, to his cabinet. This decision has dissolved the current cabinet and will require the 500-seat parliament to convene to select a new prime minister. Srettha's removal marks the fourth time in 16 years that a Thai premier has been ousted by a court ruling. The ruling is expected to impact the country's political stability and economic confidence.
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