PRESS DIGEST - Thai newspapers - Sept 26
BANGKOK, Sept 26 (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 Somchai Wongsawat's economic team has failed to inspire business and industrial leaders at this critical juncture (THE NATION)
- Disputes over the allocation of cabinet seats have shaken the new government, with the House meeting derailed for a second time, halting the scrutiny of a major piece of legislation (BANGKOK POST)
- The Court of Appeals upheld two-year unsuspended jail sentences against ex-premier Samak Sundaravej and his former TV co-host Dusit Siriwan for "intentionally" defaming former Bangkok deputy governor Samart Ratchapolsitte (THE NATION)
- The Food and Drug Administration has asked distributors to temporarily remove six products - biscuits and snacks - from their shelves for fear they contain contaminated Chinese milk (BANGKOK POST)
BUSINESS
- Economic growth is expected to reach 5.1 percent this year, down from previous forecasts of 5.6 percent, because of the global economic slowdown, the Fiscal Policy Office said (BANGKOK POST)
- Bangkok Dusit Medical Services BGH.BK has decided to postpone indefinitely its plan to build a second hospital worth about 3 billion baht in Abu Dhabi due to the delayed construction of its first facility in the emirate (THE NATION)
- Swedish furniture retail giant Ikea has signed a five-year production contract worth 15 billion baht with S.P.S. Group, a Thai furniture maker, and plans to open a store in Bangkok next year as part of a plan to expand its presence in Asia (BANGKOK POST)
- Thailand's largest agro-industry conglomerate, Charoen Pokphand CPF.BK, wants to invest in shrimp farming projects in South Africa as Thai firms spread their investments to emerging markets, the Board of Investment says (BANGKOK POST) ** Looking for more information from local sources? Factiva.com has eight Thai sources including the Bangkok Post and The Nation.
