PRESS DIGEST - Thai newspapers May 25
BANGKOK, May 25 (Reuters) - These are some of the leading stories in Thai newspapers on Monday. Reuters has not verified these stories and does not vouch for their accuracy.
TOP STORIES
- Members of the People's Alliance for Democracy are poised to vote on Monday in favour of forming a political party to push for a "new political order" in parliament (BANGKOK POST)
- Prime Minister Abhisit Vejjajiva might be forced to run a minority government if the bad blood between his Democrat Party and coalition partners intensifies (THE NATION)
- Deputy Prime Minister Kobsak Sabhavasu has dismissed rumours he will leave the Democrat Party to head the rival Puea Thai party (BANGKOK POST)
- A proposed land tax would ease the concentration of land in the hands of a few rich people and open space for agriculture, a vice dean of Thammasat University's Economics Faculty says (THE NATION)
- The People's Alliance for Democracy has changed its emblematic colour from yellow to a yellow and green combo to reflect its shift to so-called new politics (BANGKOK POST)
BUSINESS
- The Finance Ministry will push for the establishment of a National Pension Fund with an aim of building a safety net for workers outside the state pension programme (BANGKOK POST)
- Investors from Japan, the largest foreign investor in Thailand, are likely to take a long while to reconsider their investment plans here, says the new president of the Japanese Chamber of Commerce (BANGKOK POST)
- Listed developer Sansiri SIRI.BK is confident its cost-control strategy will help lift its low net profit margin by the end of the year, Sansiri president Srettha Thavisin said (BANGKOK POST)
** 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)
