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PRESS DIGEST - Thai newspapers June 23

Sun Jun 22, 2008 9:45pm EDT

BANGKOK, June 23 (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

- Prime Minister Samak Sundaravej insists he will not yield to the pressure of protesters demanding his resignation and will face a censure debate in parliament to quell a threat to topple his government (THE NATION)

- The Chart Thai Party may nominate leader Banharn Silpa-archa for the post of prime minister if Samak Sundaravej resigns after the censure debate (THE NATION)

- The Assets Examination Committee said in a new report that all its work may prove fruitless if the Constitution Court ruled its term was illegally extended (THE NATION)

- Two armed robbers held up a bank in Suvarnabhumi airport on Sunday, making off with 3.3 million baht in cash following a 40-minute heist (BANGKOK POST)

BUSINESS

- Construction companies are urging the government to raise construction prices for other megaprojects after the approval of adjustments for the Purple Line rail system, saying other projects' prices were also far below actual costs (BANGKOK POST)

- A government coupon programme to help the poor cope with soaring food and energy costs is expected to start with one million urban families who are expected to be harder hit by rising costs than their peers in rural areas (BANGKOK POST)

- The capacity of steel scrap smelting plants should be increasing in an attempt to ease upward pressure on high steel prices for the construction industry, according to Vikrom Vajragupta, director of the Iron and Steel Institute of Thailand (BANGKOK POST)

- More companies plan to pay cost of living allowances averaging 800 baht per month as an immediate measure to hlep employees survive rising expenses, according to a survey by international consulting firm Watson Wyatt (BANGKOK POST)

** Looking for more information from local sources? Factiva.com has eight Thai sources including the Bangkok Post and the Nation. (Bangkok Newsroom)



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