PRESS DIGEST - Thai newspapers June 19
BANGKOK, June 19 (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
- Piyasvasti Amranand, a former energy minister, will take over as president of Thai Airways International (THAI.BK), which is fighting for survival amid a slew of challenges facing the national carrier (THE NATION)
- Senators are sharpening their knives, ready to dig into the government's public borrowing bill, which is expected to go up for debate on Monday (BANGKOK POST)
- Traders complained the government's rice policy was in complete disarray, causing them to suffer financial damage and credibility problems (THE NATION)
BUSINESS
- The government may scale back its new borrowing plans if the economy picks up faster than expected, says Prime Minister Abhisit Vejjajiva (BANGKOK POST)
- The economy is expected to move into positive territory in the final quarter of the year, thanks to the government's injection of funding under the second stimulus package, according to a study by the University of the Thai Chamber of Commerce (THE NATION)
- The government should see Phuket's tourism and property slump as a chance to improve the island's infrastructure as well as restore foreigners' confidence, hit by the closure of Phuket's airport by protesters late last year, say local developers (BANGKOK POST)
- True Corp TRUE.BK is in talks with six or seven Asian and European telecom operators on a possible strategic partnership to help fund plans to develop its third-generation wireless broadband business (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)
