PRESS DIGEST - Thai newspapers on June 6
BANGKOK, June 6 (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
- Prime Minister Samak Sundaravej plans to revive the Kaeng Sua Ten dam project will put him on a collision course with environmentalists and villagers (BANGKOK POST)
- The Bank for Agriculture and Agricultural Cooperative has set aside 28 billion baht for the government's latest rice price support programme due to begin on June 15 (THE NATION)
- The National Counter Corruption Commission (NCCC) will investigate former cabinet minister Jakrapob Penkair for alleged abuse of power and interference in the affairs of the state-owned National Broadcasting Service of Thailand (BANGKOK POST)
- As Vietnam's inflation rate soared to 25 percent in May, the highest since 1992, there are concerns it may trigger a financial crisis and a hefty devaluation of the currency similar to Thailand's experience in 1997 (THE NATION)
BUSINESS
- The government is considering selling up to 1.1 million tonnes of rice from its stockpile to foreign buyers to make room for rice purchased under the newly approved rice mortgage scheme (BANGKOK POST)
- The Industry Ministry will negotiate with carmakers before considering more tax incentives for E85-compatible vehicles in Thailand, Deputy Prime Minister and Industry Minister Suwit Khunkitti said (THE NATION)
- Sugar millers welcomed a government plan to introduce E85 gasohol this year as a step in the development of the country's fledgling ethanol industry (BANGKOK POST)
- The government has instructed Thai Airways International (THAI.BK) to push ahead with its plan to set up a cargo airline to help sharpen the country's logistic competitiveness and ease the impact of high oil prices (BANGKOK POST) ** Looking for more information from local sources? Factiva.com has eight Thai sources including the Bangkok Post and The Nation. ($1=32.43 Baht)
