PRESS DIGEST - Thai newspapers - July 24

BANGKOK, July 24 (Reuters) - These are some of the leading stories in Thai newspapers on Thursday. Reuters has not verified these stories and does not vouch for their accuracy.

TOP STORIES

- At least three of the five permanent members of the UN Security Council agree it is premature for the body to discuss the row between Thailand and Cambodia over Preah Vihear Temple, Deputy Prime Minister Sahas Banditkul said (THE NATION)

- A new cabinet line-up is complete and will probably be submitted for royal approval in the next five days, Prime Minister Samak Sundaravej said (BANGKOK POST)

- Finance Minister Surapong Suebwonglee vowed to initiate further stimulus measures within a month or two to boost investor and consumer confidence (THE NATION)

- Police obtained a warrant for the arrest of People's Alliance for Democracy core leader Sondhi Limpthongkul on a charge of repeating lese-majeste comments uttered by a government supporter (BANGKOK POST)

- All petrol stations will close for five hours from midnight tonight, as staff from three ministries check fuel stocks at service stations and oil depots nationwide (BANGKOK POST)

BUSINESS

- The Siam Cement Group SCC.BK (SCG), Thailand's largest industrial conglomerate, reported an 18 percent fall in net profit year-on-year in the second quarter of the year due to surging oil prices and production costs, president and chief executive Kan Trakulhoon said (BANGKOK POST)

- PTT Chemical PTTC.BK (PTTCH) is forging a tie-up with Malaysia's Sime Darby (SIME.KL), the world's largest listed palm oil producer, through an agreement to buy a 50 percent stake in Cognis Oleochemicals [COGN.UL], in which Sime Darby holds the other half (THE NATION)

- True Move TRUE.BK, the country's third-largest mobile operator, is introducing a series of mobile internet convergence packages by integrating fixed-broadband WiFi to go on mobile phones on top of existing Edge and General Packet Radio Access (GPRS) systems (BANGKOK POST)

** Looking for more information from local sources? Factiva.com has eight Thai sources including the Bangkok Post and Business Day. ((Bangkok Newsroom 662-637-5500 ext 400, e-mail: bangkok.newsroom@reuters.com)