PRESS DIGEST - Thai newspapers May 9
TOP STORIES
- The United States sought Thailand's help to get into cyclone-ravaged Myanmar and deliver humanitarian assitance to millions of storm victims in the secretive country (THE NATION)
- Tesco Lotus TCO.L came under fire on Thursday as the National Human Rights Commission and the Foundation for Consumers held a seminar on the hypermarket chain's negative impact on communities and the media's freedom of expression (THE NATION)
- Sutha Chansaeng resigned as social development and human security minister on Thursday over his poor health, a move that may lead to a cabinet reshuffle (BANGKOK POST)
- Metropolitan police stopped 115 motorists in Bangkok for violating the ban on using mobile phones while driving in the first nine hours after it took effect (BANGKOK POST)
BUSINESS
- Bankers and regulators sought to reassure investors and depositors on Thursday that the financial system is strong after comments by Prime Minister Samak Sundaravej raised doubts about bank stability (BANGKOK POST)
- Surat Osathanugrah, chairman of the Osotspa group, the country's top consumer product conglomerate, died of sepsis on Thursday at the age of 78 (BANGKOK POST)
- Siam Cement Group SCC.BK will seek concessions for eucalyptus forestration in Laos and Cambodia to secure raw material supplies for its paper business (BANGKOK POST)
- Several brokerage houses recommend investors buy hospital, hotel, commerce and telecoms stocks, saying they should be better shielded from rising inflation (THE NATION)
** Looking for more information from local sources? Factiva.com has eight Thai sources including the Bangkok Post and Business Day.
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