PRESS DIGEST - Thai newspapers - July 10
BANGKOK, July 10 (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
- Prime Minister Samak Sundaravej, under pressure after court verdicts against his government this week, plans to buy time by reshuffling his cabinet, pass the 2009 budget next month and reshuffle the military and civil servants in September. Dissolving parliament would be a last resort. (THE NATION)
- The Samak government suffered another blow when the Constitution Court found Public Health Minister Chaiya Sasomsab had broken asset declaration rules (BANGKOK POST)
- The Democrat Party will seek to impeach individual ministers, not the entire cabinet, as a result of constitutional violations linked to the Preah Vihear Temple controversy, party leader Abhisit Vejjajiva said (THE NATION)
- The Supreme Court issued an arrest warrant for veteran politician Vatana Asavahame after he failed to appear for the verdict in the Klong Dan wastewater corruption case (BANGKOK POST)
BUSINESS
- Economic policy needs to focus on growth, but with measures in place to help cope with the impact of rising inflation, economist Virabongsa Ramangkura said (BANGKOK POST)
- PTT PCL PTT.BK expects to receive 20 billion baht ($595 million) in compensation for importing liquefied petroleum gas this year, chief executive Prasert Bunsumpun said (BANGKOK POST)
- Industrialists are worried political issues will affect government attempts to solve the country's economic problems, the Federation of Thai Industries (FTI) (BANGKOK POST)
- Hot-rolled steelmaker Sahaviriya Iron and Steel plans to build an upstream steel blast furnace in the near future. The company wants to remain competitive within the region following Vietnam's announcement that it would construct its largest steel blast furnace (THE NATION)
- TOT has targeted a total of 800,000 broadband-internet subscribers this year, up 60 percent from 500,000 now, says Montchai Nosong, executive vice president for product development (THE NATION) ** Looking for more information from local sources? Factiva.com has eight Thai sources including the Bangkok Post and Business Day.
