PRESS DIGEST - Thai newspapers - Sept 4
TOP STORIES
- Experts will be recruited to draw up plans for Thailand's first nuclear power plant, aimed at relieving the country's reliance on oil and gas energy, Prime Minister Surayud Chulanont said (BANGKOK POST)
- A poll of airline executives has revealed that many believe Bangkok's Suvarnabhumi airport is in danger of losing its competitive edge to other Southeast Asian airports due to a list of problems that included cramped offices, smelly toilets, demaged floors and defective runways and taxiways (THE NATION)
- The Bangkok Southern criminal court issued arrest warrants for deposed Prime Minister Thaksin Shinawatra and his wife , Potjaman, after they failed to appear before the Department of Special Investigation for alleged violations of the stock trading law (BANGKOK POST)
- The Election Commission has invited representatives of the EU to talks on Thursday about its request to monitor general elections schedule for Dec. 23, chairman Apichart Sukhagganond said (THE NATION)
- Thirty five schools in Pattani province in the restive south were closed for security reasons as authorities intensified their search for suspected insurgents (BANGKOK POST)
- A 24-year old man was sentenced to death by the Pattaya Court for the murder of two Russian women on Jomtien beach in February (THE NATION)
BUSINESS
- Fitch Ratings, while saying that Thailand is among the most vulnerable countries in Asia to a decline of global economic growth, said the country's ratings could be upgraded of the election really promised politicals stability (THE NATION)
- Declining vegetable and fruit prices caused August inflation to grow by only 1.1 percent from a year earlier, the lowest in five years (BANGKOK POST)
- The National Economic and Social Development Boardis taking an optimistic view of economic growth for this year, keeping its projection unchanged at 4.0-4.5 percent given that expansion in the second quarter accelerated to 4.4 percent (THE NATION)
- The Business Development Department is in the process of inspecting as many as 40,000 companies to see if they have used nominee structures to hold shares for foreign investors -- a practice prohibited by Foreign Business Act (BANGKOK POST)
- IRPC IRPC.BK, Southeast Asia's largest fully integrated petrochemical complex, vowed to proceed with its planned coal-fired power plant despite the protests of more than 10,000 villagers in Rayong, east of Bangkok (THE NATION)
- The National telecom regulator is expected to finish the terms of reference of 3G broadbrand licensing regulations next February, which could pave the way for outright licensing without the new government's consent (THE NATION)
- Huawei Technologies Co is calling on Thailand's state-owned CAT Telecom to strike a compromise on the late delivery of the 7.1-billion baht code division multiple access (CDMA) mobile network, saying it can not accept the severe fined proposed by the state telecom firm (BANGKOK POST)
($1=34.3 Baht)
** Looking for more information from local sources? Factiva.com has eight Thai sources including the Bangkok Post and Business Day.
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