Control Risks

Asia in Focus - Thailand’s power shift: Paetongtarn Shinawatra’s path forward


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In the past few weeks, Thailand has undergone a dramatic political transition with the appointment of Paetongtarn Shinawatra as the new prime minister. This development comes on the heels of a period of uncertainty and political turmoil following the dissolution of the Move Forward Party, the main opposition. Paetongtarn is the fourth member of the Shinawatra family to assume the role of prime minister and is under intense scrutiny. Many wonder whether she can navigate the political landscape without meeting the same fate as her predecessors, who were ousted by either the courts or the military.

In this episode, Angela Mancini, Partner, sits down with Harrison Cheng, Director and lead Southeast Asia analyst, to unpack what Paetongtarn’s rise to power means for Thailand's future. They discuss the critical next steps, including the formation of a new cabinet and strategies she might use to avoid the pitfalls that have historically plagued her family. They also discuss the potential impact of Paetongtarn’s leadership on foreign investment and economic policy, with particular attention to how Thailand’s business environment might evolve under her administration.

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