Analysts said that while Thai and foreign investors have expected an early dissolution of parliament, Thursday’s announcement by Prime Minister Anutin Charnvirakul adds a short-term negative sentiment towards the stock market as it creates uncertainty in regard to policy continuity.

The Office of Insurance Commission (OIC) and the insurance industry have officially endorsed the government’s “Sukkai Sabai Krabao” (Healthy Body, Comfortable Wallet) initiative, which allows patients treated at private hospitals to use their prescriptions at participating outside pharmacies.

Trade associations say the dissolution of parliament could hinder the implementation of key economic policies, and have called for the formation of a new government with full authority within the legal timeframe.

Narong Klunwarin, the newly appointed chairman of the Election Commission (EC), has affirmed the agency’s full readiness to organise the upcoming general election following the House dissolution. 

The Ministry of Commerce has launched MOC Plus, a new initiative to enhance government services by leveraging artificial intelligence (AI) and cloud technologies.

Analysts expect the Bank of Thailand’s Monetary Policy Committee (MPC) to cut its policy rate by 0.25 basis points (bps) at next week’s meeting, following the US Federal Reserve’s latest move as multiple pressures weigh on the domestic outlook.