PRESS DIGEST - Thai newspapers May 26
BANGKOK, May 26 (Reuters) - These are some of the leading stories in Thai newspapers on Tuesday. Reuters has not verified these stories and does not vouch for their accuracy.
TOP STORIES
- Thailand, as chair of ASEAN, has denied interfering in Myanmar's affairs by demanding the release of opposition leader Aung San Suu Kyi (BANGKOK POST)
- Sondhi Limthongkul's chances of leading the new political party to be launched by the People's Alliance for Democracy (PAD) will hinge on a probe by the Election Commission into his status as a bankrupt person (THE NATION)
- People's Alliance for Democracy supporters have given their resounding approval for the group's formation of a political party (BANGKOK POST)
- Thailand will discuss Myanmar and the plight of opposition leader Aung San Suu Kyi with the European Union (EU) at the Asia-Europe meeting in Hanoi and at the Asean-EU meeting in Phnom Penh this week (THE NATION)
- The Information and Communications Technology Ministry will hold talks with the National Telecommunications Commission on liberalising Thailand's satellite market (BANGKOK POST)
BUSINESS
- The economy contracted 7.1 percent in the first quarter of the year, its worst year-on-year performance since the 1997 economic crisis, amid concern that worse is still to come (THE NATION)
- Siam Commercial Bank SCB.BK has set up a new global marketing unit aimed at taking market share from foreign banks suffering from the global crisis (BANGKOK POST)
- Robinson Department Store ROBI.BK projects a positive sales performance in the second half of the year, president Preecha Ekkunagul said (THE NATION)
- MK Real Estate Development MK.BK expects its entry into the townhouse market to boost revenue to the targeted level of 2.4 billion baht this year (THE NATION)
** Looking for more information from local sources? Factiva.com has eight Thai sources including Bangkok Post and the Nation. (Bangkok Newsroom +66 2648 9721, e-mail: bangkok.newsroom@reuters.com)
