PRESS DIGEST - Thai newspapers - June 8

BANGKOK, June 8 | Sun Jun 7, 2009 10:58pm EDT

BANGKOK, June 8 (Reuters) - These are some of the leading stories in Thai newspapers on Monday. Reuters has not verified these stories and does not vouch for their accuracy.

TOP STORIES

- Relatives of dead American actor David Carradine, unhappy with Thai investigators and "profoundly disturbed" at alleged photos of the body published in a Thai newspaper, are threatening to take legal action (BANGKOK POST)

- The New Politics Party will not seek to govern, but aims to rid Thai politics of corruption and injustice, party chief Somsak Kosaisuk said (THE NATION)

- The search for former premier Thaksin Shinawatra has been made more difficult because he uses different names while travelling, Prime Minister Abhisit Vejjajiva said (THE NATION)

BUSINESS

- The Architect Council of Thailand (ACT) has proposed liberalising the profession to legalise ventures between Thai and foreign architects (BANGKOK POST)

- Car makers, hotel operators and property companies are urging the government to take a serious look at loan extensions for financial institutions, saying liquidity shortages have become an urgent problem for Thai businesses (THE NATION)

- Kasikornbank KBAN.BK plans to float new baht-denominated debentures after buying back $75 million of its outstanding dollar-denominated debt (BANGKOK POST)

- State-owned TOT Plc has created a wireless communications business to focus on developing its 3G wireless broadband service (THE NATION)

- Despite posting flat quarterly revenue growth, Thailand's mobile phone industry is seeing strong growth in the non-voice market, says the chief executive of DTAC DTAC.BK.

** Looking for more information from local sources? Factiva.com has eight Thai sources including the Bangkok Post and the Nation. (Bangkok Newsroom +66 2648 9721, e-mail: bangkok.newsroom@reuters.com)

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