Business
How Bhumjaithai Party’s Conservative Triumph is Redefining Thailand’s Political Landscape
In Thailand’s February 8 election, the conservative Bhumjaithai Party won unexpectedly, leading to coalition talks amidst voter complaints and ongoing legal issues facing opposition leaders, indicating potential instability ahead.
Key Points
- Election Results: On February 8, Thailand held a snap election where the conservative Bhumjaithai Party (BJT), led by Prime Minister Anutin Charnvirakul, won 193 seats. The progressive People’s Party finished second with 118 seats, while the once-dominant Pheu Thai party secured only 74 seats, signaling significant political shifts.
- Potential Instabilities: BJT fell short of a majority, requiring coalition negotiations, likely complicated by voter complaints over election irregularities and potential recounts. Additionally, an anti-corruption ruling on 44 members of the defunct Move Forward Party may impact their future political activities, further destabilizing the political landscape.
- Political Dynamics: The election results reflect a global trend towards conservatism amid rising nationalism, complicating the People’s Party’s efforts to regain support. Unlike past elections where reformist parties challenged the establishment, this election saw BJT positioned as a moderate proxy for the conservative establishment, creating challenges for the opposition.
Election Outcome and Initial Reactions
Election Results
- The conservative Bhumjaithai Party (BJT), led by Prime Minister Anutin Charnvirakul, won 193 of 500 seats, defying polls that favored the progressive People’s Party (118 seats).
- Pheu Thai, once dominant, suffered its worst defeat with 74 seats.
On February 8, Thailand witnessed a significant snap parliamentary election, resulting in the conservative Bhumjaithai Party (BJT), led by Prime Minister Anutin Charnvirakul, securing 193 out of 500 House of Representatives seats. This outcome defied predictions as the progressive People’s Party, initially favored to win, finished second with 118 seats, while the once-prominent Pheu Thai Party completed the election with a historical low of 74 seats. Early analyses suggest the results might indicate a path to political stability after years of upheaval, though the need for coalition-building poses challenges, especially given voter complaints concerning irregularities that demand recounts.
Breaking the “Cycle”
- Historically, winning parties challenging the royalist establishment were undermined by unelected actors (military, courts).
- BJT’s win likely “pauses” this cycle, as its conservative alignment with business, military, and palace interests makes interference less likely.
Future Political Dynamics and Challenges
Immediate Challenges
- BJT lacks a majority (needs 251 seats), so coalition talks are underway.
- Allegations of election irregularities have prompted demands for recounts, potentially delaying government formation.
- Court rulings on past ethical breaches by Move Forward Party members could restrict opposition leaders, risking unrest.
Looking ahead, several developments may complicate Thailand’s political landscape. BJT’s failure to achieve a 251-seat majority necessitates negotiations with smaller parties, potentially including Pheu Thai. However, investigations into electoral irregularities may stall government formation.
Additionally, the National Anti-Corruption Commission’s ruling against 44 members of the former Move Forward Party raises concerns about further restrictions for leaders like Pita Limjaroenrat, which could agitate supporters. Furthermore, the ongoing debate about redrafting the constitution, alongside a referendum backing a new charter, underscores the ideological divides present in the nation while highlighting the complexities of coalition governance and popular sentiment.
Constitutional Reform
- A referendum showed 65% support for rewriting the 2017 military-era constitution.
- Parliament will select a drafting committee, with a future referendum to finalize the new charter.
Implications for Thailand’s Future and Foreign Relations
BJT’s victory halts the cycle of upheaval characterized by military intervention against rising political movements, suggesting a possible extension of Anutin’s leadership term. This shift may provide much-needed policy continuity amidst Thailand’s internal divisions. As the nation recognizes the importance of foreign policy, both BJT and the People’s Party are prepared for a proactive global stance. For countries like Canada, this offers opportunities for greater collaboration in areas such as clean energy and trade agreements. However, Canada is advised to engage cautiously, acknowledging that Thailand’s political institutions remain susceptible to manipulation against dissenters, indicating that while the cycle of political instability may have paused, it has not been conclusively resolved.
Other People are Reading
Business
Steel and Aluminum Stocks Fall, Automakers Gain After Reports of Tariff Pullback
Steel and Aluminum Stocks Fall, Automakers Gain After Reports of Tariff Pullback
Business
The 1-Minute Market Report, February 15, 2026 (NYSEARCA:SPY)
For 28 years, I was a professional trader, analyst & portfolio manager. I ran the equity trading desk at Northern Trust Co. in Chicago. Now I am a private investor, the founder of a nonprofit investor advocacy firm, and a private investing coach. My average annual return is 17.2%. The time period is from January 2009, when I first began publishing my stock picks, to the end of 2024. I publish my picks in newsletter format and send them directly to subscribers on a weekly basis. For my complete market outlook and model portfolio updates, visit zeninvestor.org.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of NVDA, AVGO, GOOGL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Business
Treasury Yields Fall Further After Inflation Data
Treasury yields extended recent declines following cooler-than-expected inflation data.
Yields, which fall when bond prices rise, had already been sliding recently in response to some lackluster economic reports and volatility in the stock market, with investors turning to Treasurys as a safe haven.
The yield on the 10-year Treasury note settled at 4.055%, according to Tradeweb, the lowest closing level since Nov. 28.
Business
Globalstar Stock: Commercial Execution Is Heating Up With New Contracts (NASDAQ:GSAT)
I first entered investing in 2016 as an individual value investor. In 2022, I established the investment firm Libra Capital. I mostly write articles as part of my deep research into a company before I make an investment, whether long or short. For me, a ”hold” article means neutral; don’t touch the stock and exit a position if you have one. Sell is short it, or sell a long position, and vice versa for long.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of GSAT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Business
Oil Settles Week Lower – WSJ
1528 ET – Crude oil futures settle the day slightly higher, but still finish the week losing ground. For the week, crude oil fell 1% to $62.89 a barrel. This afternoon’s Rig Count Report from Baker Hughes showed a slight decrease in U.S. oil rigs, although that was offset by an increase in gas rigs. News that OPEC+ intends to resume oil output increases, as well as headlines surrounding U.S. military operations versus Iran drove trading, says Robert Yawger of Mizuho Securities USA in a note. Brent crude prices rose 0.3% for the day to $67.75 a barrel, making it 0.4% Brent prices fell for the week. (kirk.maltais@wsj.com)
Oil Moves Lower As Market Weighs Geopolitical Risk
0950 ET – Oil futures are lower amid mixed sentiment around possible U.S. action in Iran. While more talks are planned over coming weeks, reports of a second U.S. aircraft carrier heading to the Middle East keep the specter of eventual military action in sight. More Russia-Ukraine peace talks for next week are also tempering risk. “Near-term global crude supplies remain ample and crude futures are likely holding a $5 to $7/barrel geopolitical premium,” BOK Financial’s Dennis Kissler says in a note. “Negotiations with Iran and Russia will be the near-term market movers.” WTI is down 0.6% at $62.47 a barrel and Brent is off 0.4% at $67.25.(anthony.harrup@wsj.com)
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Business
Goldilocks Data Has Not Spurred a Stock Rally. Here’s Why.
Goldilocks Data Has Not Spurred a Stock Rally. Here’s Why.
Business
What to Watch Next Week
Investors face a holiday-shortened week featuring Federal Reserve speakers and economic data. Walmart earnings will provide insight into the health of the U.S. consumer. The market will parse a significant batch of data at the end of next week—including an advance look at fourth-quarter GDP and the personal-consumption expenditures price index—to gauge the economy’s momentum and inflation.
Presidents Day (U.S. markets closed)
Fed speeches: Federal Reserve Vice Chair Michelle Bowman will speak at a conference in Orlando, Fla.
Business
Pentagon threatens to cut off Anthropic in AI safeguards dispute, Axios reports

Pentagon threatens to cut off Anthropic in AI safeguards dispute, Axios reports
Business
Week’s Best: AI Slams Wealth Management Stocks
Week’s Best: AI Slams Wealth Management Stocks
Business
AI Was Proof of American Exceptionalism. Now It’s Undermining It.
AI Was Proof of American Exceptionalism. Now It’s Undermining It.
-
Politics6 days agoWhy Israel is blocking foreign journalists from entering
-
Business6 days agoLLP registrations cross 10,000 mark for first time in Jan
-
Sports3 days agoBig Tech enters cricket ecosystem as ICC partners Google ahead of T20 WC | T20 World Cup 2026
-
NewsBeat5 days agoMia Brookes misses out on Winter Olympics medal in snowboard big air
-
Business6 days agoCostco introduces fresh batch of new bakery and frozen foods: report
-
Tech4 days agoSpaceX’s mighty Starship rocket enters final testing for 12th flight
-
NewsBeat6 days agoWinter Olympics 2026: Team GB’s Mia Brookes through to snowboard big air final, and curling pair beat Italy
-
Sports6 days agoBenjamin Karl strips clothes celebrating snowboard gold medal at Olympics
-
Video2 days agoThe Final Warning: XRP Is Entering The Chaos Zone
-
Politics7 days agoThe Health Dangers Of Browning Your Food
-
Tech1 hour agoLuxman Enters Its Second Century with the D-100 SACD Player and L-100 Integrated Amplifier
-
Business7 days agoJulius Baer CEO calls for Swiss public register of rogue bankers to protect reputation
-
Business6 days agoWeight-loss jabs threaten Greggs’ growth, analysts warn
-
NewsBeat6 days agoResidents say city high street with ‘boarded up’ shops ‘could be better’
-
Crypto World3 days agoPippin (PIPPIN) Enters Crypto’s Top 100 Club After Soaring 30% in a Day: More Room for Growth?
-
Crypto World1 day agoBhutan’s Bitcoin sales enter third straight week with $6.7M BTC offload
-
Crypto World4 days agoBlockchain.com wins UK registration nearly four years after abandoning FCA process
-
Crypto World5 days agoU.S. BTC ETFs register back-to-back inflows for first time in a month
-
Video3 days agoPrepare: We Are Entering Phase 3 Of The Investing Cycle
-
Sports5 days ago
Kirk Cousins Officially Enters the Vikings’ Offseason Puzzle
