Rookie politician Yingluck Shinawatra has led Pheu Thai Party to an overwhelming election win, throwing out the Democrat-led government and winning some 310 or more of the 500 seats in parliament. Official results were expected by 10pm (1500 GMT) from the Election Commission.
Assuming the exit polls are even close, Ms Yingluck is set to be the country's first female prime minister.
Official results were expected by 10pm (1500 GMT) from the Election Commission.
Abhisit Vejjajiva, the acting and now outgoing prime minister, conceded defeat two hours before any official results were announced.
The win by Ms Yingluck heralds the return of a government with close ties to her elder brother, the fugitive ex-prime minister Thaksin Shinawatra. From exile, Thaksin called for a coalition government led by Ms Yingluck, with a goal of reconciliation.
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