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PRESS DIGEST - Thai newspapers June 26

Wed Jun 25, 2008 9:56pm EDT

BANGKOK, June 26 (Reuters) - These are some of the leading stories in Thai newspapers on Thursday. Reuters has not verified these stories and does not vouch for their accuracy.

TOP STORIES

- Thailand's Supreme Court sentenced three key members of the legal team of former Prime Minister Thaksin Shinawatra to six months in prison each over the two million baht snack box incident (BANGKOK POST)

- Key members of the People Power Party and dissolved Thai Rak Thai Party have reportedly discussed the possibility of a major cabinet reshuffle to ease anti-government sentiment, a PPP source revealed (BANGKOK POST)

- The Administrative Court ordered the reinstatement of former chairman Vichai Chokewiwat and the five other former members of the board of the Government Pharmaceutical Organisation (BANGKOK POST)

- Key People Power Party figures agreed Foreign Minister Noppadon Pattama and Commerce Minister Mingkwan Sangsuwan, as well as five other Cabinet members, should be replaced to reduce mounting pressure on the government (THE NATION)

- In spite of initial doubts stemming from his political standing and questionable background, Parliament President Chai Chidchob surprised many people with his performance over the two days of censure debate (THE NATION)

- Foreign Minister Noppadon Pattama insisted he maintained Thai sovereignty in dealing with Cambodia over the Hindu Temple of Preah Vihear (THE NATION)

BUSINESS

- Italian auto-maker Fiat has expressed interest in setting up a Thai production plant with an investment of more than $1 billion, Industry Minister Suwit Khunkitti said (THE NATION)

- Economic growth of six percent remains possible in 2008 thanks to strong exports, according to the Fiscal Policy Office (BANGKOK POST)

- The Stock Exchange of Thailand will be transformed into a public company and list itself on the exchange by 2011 under a plan accepted by SET directors (BANGKOK POST)

- The Finance Ministry's scheme to help the poor could be extended to cover 14 million people whose monthly incomes are below 5,200 baht, a ministry source says (THE NATION) ($1 = 33.55 baht)

** 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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