Abstract
Subject Relations between Thailand's military and monarchy. Significance The military-led National Council for Peace and Order (NCPO) earlier this month dismissed speculation that the long-awaited general election would be delayed beyond February next year. In June, Prime Minister Prayut Chan-o-cha hinted that King Maha Vajiralongkorn’s coronation must take place before the poll. Since his enthronement in December 2016, King Vajiralongkorn has focused on strengthening his control over royal institutions. Impacts The king’s direct control of the palace’s shares in Siam Commercial Bank and Siam Cement Group will not affect corporate governance. Lese-majeste cases will continue even if the palace attempts to reduce enforcement. Prayut’s use of the promotion and transfer system will continue to limit factional tensions within the military. Any future removal of the military-imposed ban on political activities will be met with an increased security presence.
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