PRESS DIGEST - Thai newspapers - July 10

Thu Jul 9, 2009 10:05pm EDT
 
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BANGKOK, July 10 (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

- No street demonstrations -- even peaceful ones -- will be allowed during the upcoming meeting of ASEAN ministers in Phuket, Defence Minister Prawit Wongsuwan said (THE NATION)

- Leaders of the "yellow shirt" movement are vowing to take police and Prime Minister Abhisit Vejjajiva to court for incriminating them on terrorism and criminal charges over the blockade of Suvarnabhumi and Don Muang airports (BANGKOK POST)

- Many State Railway of Thailand employees voiced opposition to the agency's restructuring plan, making it likely the upcoming opening of the Airport Rail Link will be further delayed (THE NATION)

- Ousted Prime Minister Thaksin Shinawatra flew to the Pacific islands this week, a Tongan government official says (BANGKOK POST)

- The private sector joined the government in launching preventive measures to help contain the spread of type-A (H1N1) influenza as the country's death toll edged up to 14 (THE NATION)

BUSINESS

- The government will open bidding for some infrastructure projects within two to three weeks to start money circulating to stimulate local spending and the economy, Deputy Prime Minister Korbsak Sabhavasu said (BANGKOK POST)

- The Financial Institutions Development Fund plans to issue 40 billion baht of bonds to refinance its two-year savings bonds coming due in November (THE NATION)

- Consumer confidence edged up in June for the first time in five months as parliament approved the government's plans to borrow funds for a second economic stimulus package (BANGKOK POST)

- Country Group Securities CGS.BK aims to achieve a 7 percent share of the market this year, now that former BFIT Securities chief executive officer Prasit Srisuwan has taken the helm at the company (THE NATION)

- Rising crop prices are the only hope for reviving the sluggish pickup truck market in the final quarter of this year, says the Thai unit of Isuzu Motors (7202.T), which halved production in the first half of this year due to weak local demand (BANGKOK POST) ** Looking for more information from local sources? Factiva.com has eight Thai sources including the Bangkok Post and The Nation.

 

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