Thai King Maha Vajiralongkorn swore in Prime Minister Srettha Thavisin and cabinet ministers in a coalition government made up of 11 parties on Tuesday.
Srettha, whose Pheu Thai party leads the coalition, and 33 cabinet ministers pledged their loyalty to the monarchy during the ceremony at the Dusit Palace in Bangkok. The government will deliver its policy statement to parliament on Monday.
Srettha, a 61-year-old US-educated billionaire and former president of luxury property developer Sansiri, said that his administration will focus on addressing people's needs.
"This government is a people's government... we are all here as representatives of the people," he said in a televised address after being sworn-in.
"There are many problems so we will work tirelessly every day... we will address the demands of the people."
Srettha, who is also the country's finance minister, said he will hold a cabinet meeting on Wednesday and travel to northeastern provinces of Khon Kaen, Udon Thani and Nongkhai on Friday to meet communities and find out more about their problems.
President Donald Trump said on Friday the US was getting very close to meeting its objectives as it considers winding down its military efforts in the Iran war and called on countries that use the Strait of Hormuz to guard and police it "as necessary".
The Israeli military said early on Saturday it was striking Hezbollah targets in Beirut, after issuing an evacuation warning for seven neighbourhoods in the southern suburbs of the Lebanese capital.
The US military is deploying thousands of Marines to the Middle East, officials told Reuters on Friday, as President Donald Trump accused NATO allies of cowardice over their reluctance to send forces to help open the Strait of Hormuz.
A fire that broke out around lunchtime on Friday at a car parts factory in the South Korean city of Daejeon on Friday, has left 10 people dead, 25 seriously injured and 34 with minor injuries, the country's safety ministry said on Saturday.
The Trump administration said on Friday it has lent 45.2 million barrels of crude oil from the Strategic Petroleum Reserve to oil companies, in an attempt to control prices that have spiked to four-year highs due to the war on Iran.