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PRESS DIGEST - Thai newspapers - April 7

Mon Apr 6, 2009 9:53pm EDT

BANGKOK, April 7 (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.

Japan

TOP STORIES

- Prime Minister Abhisit Vejjajiva insists the government will not allow "a civil war or a people's uprising" as fears of a possible bloodbath were raised ahead of tomorrow's big protest by red-shirted pro-Thaksin supporters at Government House (BANGKOK POST)

- Foreign Minister Kasit Piromya warned Cambodia that bilateral ties could be adversely affected if ousted premier Thaksin Shinawatra is allowed to launch political attacks from that country (THE NATION)

- Don Muang airport has a future as Bangkok's low-cost airline hub, Deputy Prime Minister Korbsak Sabhavasu says (BANGKOK POST)

- Thai garment exporters are looking to Japan as a "survival market" as shipments to others key markets decline in the global economic crisis (THE NATION)

- The army will not be deploying more troops in the disputed border area in and around the Preah Vihear temple despite clashes last week with Cambodia, Second Army commander Wiboonsak Neepal says (BANGKOK POST)

- The Bangkok International Motor Show, which ended yesterday, saw auto firms bag impressive orders for 15,000 vehicles, but that could be only a brief respite for the local automotive industry (THE NATION)

BUSINESS

- The Government Pension Fund (GPF) is ready to lend more weight to low-risk assets in its portfolio, although it warns members that investment returns will automatically fall, but not contract like last year (THE NATION)

- Passenger traffic through Thailand's six main airports tumbled further in February with a 20.6 percent year-on-year contraction due to a continued slowdown in travel demand caused by the global recession and domestic political problems (BANGKOK POST)

- The Bank of Thailand should depreciate the baht to help save the country's export industry and labour market, said Boonsithi Chokwatana, the chairman of the Saha Group, one of the country's largest conglomerates (BANGKOK POST)

- Emergency borrowing by the government should be limited to 500 billion baht, according to Finance Ministry officials (BANGKOK POST)

- Thailand is now popular with investors interested in opening a film studio, due to its good location, skilled workers and cheap costs (THE NATION)

- Cellular operators believed they can still perform well in the corporate segment, though many business customers are cutting costs in response to the declining economy (THE NATION) ($1= 35.37 Baht) ** Looking for more information from local sources? Factiva.com has eight Thai sources including the Bangkok Post and The Nation.



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