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PRESS DIGEST - Thai newspapers - Nov 17

Mon Nov 16, 2009 8:53pm EST

BANGKOK, Nov 17 (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.

Industrials  |  Telecommuncations Services

TOP STORIES

- The Cabinet will discuss ways to put the squeeze on Cambodia should the country not comply with international norms in its treatment of a Thai national arrested for allegedly spying for the Thai Embassy in Phnom Penh (THE NATION)

- The explosion that wounded 12 people at the People's Alliance for Democracy rally on Sunday night was caused by a grenade but it is unclear whether the intention was to kill, police say (BANGKOK POST)

- Malaysia's reluctance to receive opposition Puea Thai Party chairman Chavalit Yongchaiyudh with open arms has prompted the general to change his travel plans (BANGKOK POST)

- The University of the Philippines at Los Banos will confer an honorary doctor of law degree on HRH Princess Maha Chakri Sirindhorn for her achievements as a global leader in sustainable rural and agricultural development (BANGKOK POST)

BUSINESS

- Private investment should start to rebound in the second quarter next year thanks to government stimulus programmes and the recovering global economy, Prime Minister Abhisit Vejjajiva says (BANGKOK POST)

- Advanced Info Service ADVA.BK expects better-than-expected profit margins this year due to effective cost-cutting and resilient sales in the third quarter (BANGKOK POST)

- Kasikorn Securities (KS) aims to tap into the 2 million middle-income customers of its parent company, Kasikornbank KBAN.BK, to raise its market share in the stock broking industry from 2.64 percent as of the third quarter (THE NATION)

- Thai Airways International THAI.BK posted a 4.03 billion baht ($121.4 million) net loss in the third quarter due largely to foreign currency losses and lower yields (BANGKOK POST) ($1=33.19 Baht) (Bangkok Newsroom +66 2648 9721, e-mail: bangkok.newsroom@reuters.com)



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