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PRESS DIGEST - Thai newspapers Oct 9

Thu Oct 8, 2009 9:56pm EDT

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BANGKOK, Oct 9 (Reuters) - These are some of the leading stories in Thai newspapers on Friday. Reuters has not verified these stories and does not vouch for their accuracy.

TOP STORIES

- Skyrocketing gold prices have pushed the Bank of Thailand (BOT) into stepping into the foreign-exchange market to calm the baht, which has been rising on increasing capital inflows (THE NATION)

- The opposition chief whip has joined his government coalition and senate counterparts in pusing ahead with proposed amendments to six areas of the constitution, raising speculation of a rift in the Puea Thai Party (BANGKOK POST)

- A respected academic warned that chronic social divisions could eventually lead to a clash and bloodbath if no attempts were made to avert it (THE NATION)

- A fossilised pig discovered in a sand pit in Nakhon Ratchasima eight years ago has been found to belong to a new species (BANGKOK POST)

- The Cabinet on Tuesday will consider a proposal to issue laws pursuant to Article 62 of the Constitution that will pave the way for the establishment of the independent environmental body to ease conflicts in the Map Ta Phut area (THE NATION)

- Culture Minister Teera Slukpetch has given an assurance historical ruins and ancient temples in Ayutthaya will be safe from this year's flooding (BANGKOK POST)

BUSINESS

- Consumer confidence climbed for the fourth consecutive month in September in anticipation of an economic recovery driven by government stimulus spending, according to a survey by the University of the Thai Chamber of Commerce (BANGKOK POST)

- Thai Oil (TOP.BK), the country's largest oil refiner, is placing more emphasis on risk management and tackling the problem of an oversupply of refined oil, because of the low refining margin that has hit the firm's profitability (THE NATION)

- The board of MCOT Plc MCOT.BK, the majority state-owned broadcaster, ended a year-long controversy by giving the pay-TV operator TruVisions approval to carry commercial advertising (BANGKOK POST)

- Deputy Commerce Minister Alongkorn Polaboot next week will meet with high-level Burmese officials to discuss simplifying customs-clearance procedures to facilitate trade and investment ( THE NATION)

- The government plans to amend the Nation Environment Act as a short-term measure to enable some investment projects suspended by a court injunction to move ahead (BANGKOK POST) (Bangkok Newsroom +66 2648 9721, e-mail: bangkok.newsroom@reuters.com)



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