Core Points - Anutin from the Bhumjaithai Party has been elected as Thailand's new Prime Minister, receiving 311 votes in the lower house, supported by the People's Party [1][3][5] - The new government is expected to be a minority government, facing challenges in policy-making due to the opposition status of the People's Party [1][4][8] - Anutin has committed to dissolve the parliament within four months, leading to new elections in February [1][4][5] Political Context - The election of Anutin follows a period of political instability, with the previous Prime Minister, Prayuth, being ousted due to a constitutional court ruling [4][6] - The People's Party, which controls nearly one-third of the lower house, has agreed to support Anutin in exchange for a commitment to constitutional reform and a quick dissolution of parliament [4][5][6] - Former Prime Minister Thaksin's recent departure to Dubai adds uncertainty to the political landscape, as his potential return could impact the stability of the Bhumjaithai Party [6][7] Economic Implications - Thailand's economy is under pressure from external factors, including U.S. tariff policies and border conflicts with Cambodia, with growth projected at only 2% by 2025 [9] - The passage of the 2026 fiscal budget by the lower house is seen as a positive step to alleviate investor concerns [9]

Core Insights - The article highlights the upcoming release of key economic data, specifically the U.S. April JOLTs job openings and April factory orders month-over-month changes, which are critical indicators for assessing labor market conditions and manufacturing activity [1] Economic Data - The U.S. will announce the April JOLTs job openings, which is a significant measure of job availability and labor demand in the economy [1] - Additionally, the month-over-month change in factory orders for April will be released, providing insights into manufacturing sector performance and future production trends [1] Political Context - The article notes that the counting of votes has begun in the South Korean elections, which may have implications for regional economic stability and investor sentiment [1]