Thai PM's Popularity Plummets Ahead of Elections

Thai Prime Minister Anutin Charnvirakul's popularity has taken a hit ahead of the country's general elections, scheduled to take place in less than two months. According to a recent survey conducted by the National Institute of Development Administration, Anutin's support has declined, with 34% of respondents expressing confidence in his leadership. This marks a significant drop from the 41% recorded in a similar survey conducted three months prior. The survey, which polled 1,200 respondents between December 4 and 12, also found that support for Anutin's Peoples Party has decreased to 26%, down from 31% in the previous survey. In contrast, the leader of the opposition party, Natthaphong Ruengpanyawut, has seen his popularity surge to 38%, up from 25% in the previous survey. The decline in Anutin's popularity comes as the Thai economy continues to face challenges, including a slowdown in growth and rising inflation. The country's GDP growth rate has been steadily declining since 2022, with a recent estimate suggesting a growth rate of 2.5% for 2025. The government has implemented various policies aimed at stimulating growth, including a 1 trillion baht stimulus package announced earlier this year. The market impact of Anutin's declining popularity is significant, with the Thai stock market experiencing a decline in recent weeks. The SET Index, which tracks the performance of the Thai stock market, has fallen by 5% since the start of the year, with many analysts attributing the decline to concerns over the country's economic outlook. The Peoples Party, led by Anutin, has been in power since 2020 and has implemented various policies aimed at promoting economic growth and reducing inequality. However, the party's popularity has been declining in recent months, with many critics accusing the government of failing to address the country's economic challenges. Looking ahead, the outcome of the general elections is likely to have a significant impact on the Thai economy. If the opposition party wins, it is likely to implement a new economic policy, which could have significant implications for businesses operating in the country. On the other hand, if the Peoples Party wins, it is likely to continue with its current economic policies, which could lead to further economic challenges. In conclusion, the decline in Anutin's popularity ahead of the general elections is a significant development that is likely to have a significant impact on the Thai economy. The outcome of the elections will be closely watched by investors and businesses operating in the country, with many expecting a significant shift in economic policy.