Thailand's Pheu Thai aims to form government after poll winner sidelined

FILE PHOTO: A supporter holds a banner depicting a picture of Move Forward Party Leader Pita Limjaroenrat on the day of the second vote for a new prime minister, at the parliament in Bangkok, Thailand, July 19, 2023. REUTERS/Athit Perawongmetha

BANGKOK (Reuters) -Thailand's Pheu Thai party will nominate a real estate tycoon to become prime minister as it takes the lead in efforts to form a government after the progressive party that won a May election was sidelined, Pheu Thai said on Wednesday.

Southeast Asia's second largest economy has been in political limbo since the May 14 election, which the Move Forward party won with the backing of young voters tired of rule by military-linked governments, closely followed by the populist Pheu Thai.