Strategy Note /
Thailand

TH : Strategy - Govt likely to survive no-confidence debate

    Kasem Prunratanamala
    Kasem Prunratanamala

    Head of Thailand Research

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    CGS-CIMB
    14 July 2022
    Published byCGS-CIMB

    We believe the government will successfully weather the no-confidence debate on 19-22 Jul even without the Setthakij Thai Party’s support. The government can also withstand the possible 16 MPs from the smaller parties voting against it. Our top picks for 2H22F are: PTTEP, SPRC, TOP, DELTA, HANA, BBL, KBANK, CPF, SHR, LH, ADVANC, CPN, CPALL, TIDLOR and CK.