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PRESS DIGEST - Thai newspapers - July 4

Thu Jul 3, 2008 9:33pm EDT

BANGKOK, July 4 (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

- The Constitution Court will consider two separate petitions seeking a ruling on the constitutionality of the joint communique with Cambodia on the proposed listing of the Preah Vihear temple as a World Heritage site (BANGKOK POST)

- The Supreme Court rejected former premier Thaksin Shinawatra's request to travel abroad on the grounds that his planned trip could not be justified at this time (THE NATION)

- Finance Minister Surapong Suebwonglee proposed that a portion of the 400-billion-baht ($11.99 billion) Social Security Fund be diverted to private insurance firms fro healthcare coverage of the fund members (THE NATION)

BUSINESS

- PTT PCL PTT.BK, the majority state-owned oil and gas company, expects the government's oil and gas subsidy, policies to cost its 63 billion baht this year, according to chief executive and president Prasert Bunsumpun (BANGKOK POST)

- Thai and foreign private business operators want the government to improve political stability and reduce tax to promote investment, which has been affected by the political turmoil in the past few years (THE NATION)

- True Move TRUE.BK will spend 5 billion baht of its own cash to roll out third-generation mobile broadband services across the country in the next two years (THE NATION)

- Operators of Bangkok's elevated train and subway are looking forward to increased ridership now that taxi fares have risen by an average of 12 percent per trip (BANGKOK POST)

- The Thailand Securities Finance Corp has announced that it will temporarily stop providing margin loans to retail investors from next Tuesday (BANGKOK POST) ** Looking for more information from local sources? Factiva.com has eight Thai sources including the Bangkok Post and The Nation. ($1=33.36 Baht)



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