PRESS DIGEST - Thai newspapers on May 29
BANGKOK, May 29 (Reuters) - These are some of the leading stories in Thai newspapers on Thursday. Reuters has not verified these stories and does not vouch for their accuracy.
TOP STORIES
- The abrupt return to Bangkok of First Army chief Lt-Gen Prayuth Chan-ocha from a European tour underscores growing unease in the military about the political temperature (BANGKOK POST)
- Thailand could lose foreign investment attractiveness due to political instability after prolonged street protests by the People's Alliance for Democracy (PAD), Deputy Prime Minister and Finance Minister Surapong Suebwonglee said (THE NATION)
- A leading consumer advocate filed complaints with the Administrative Court against two ministers, an official and PTT PCL PTT.BK over the supervision of retail fuel prices, asking the court to order an injunction against pump price hikes (BANGKOK POST)
- A Chart Thai MP circulated an open letter calling on Prime Minister Samak Sundaravej to sack PM's Office Minister Jakrapob Penkair and suspend a referendum on the charter rewrite (THE NATION)
BUSINESS
- Thai shares fell 2.64 percent, the largest decline in four months, as foreign investors fled the market on growing apprehension about the country's political stability (BANGKOK POST)
- Centara Hotels and Resorts CENT.BK is spending more than 100 million baht on upgrading and expanding its Cenvaree Spa Chain (THE NATION)
- Thailand's tuna exports are expected to be constrained this year by rising oil prices, low catches, the baht's appreciation and non-tariff barriers, say industry executives (BANGKOK POST)
- GE Energy (Thailand) is expecting to sign up new clients for long-term power plant management deals, cashing in on investors' growing concern about future fuel costs (THE NATION) ** Looking for more information from local sources? Factiva.com has eight Thai sources including the Bangkok Post and The Nation. ($1=32.11 Baht)
