PRESS DIGEST - Thai newspapers on May 30

BANGKOK, May 30 (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

- PM's Office Minister Jakrapob Penkair is expected to resign after pressure from military leaders and with police deciding to file a lese majeste charge against him (BANGKOK POST)

- The government has wasted time that should have been spent working for the people's well-being and addressing such urgent national problems as the higher cost of living, Democrat Party leader Abhisit Vejjajiva said (THE NATION)

- Private bus operators ended their one-day strike after the government agreed to cut the price of diesel for them and suspend the daily fee they pay the city's bus licenser, the Bangkok Mass Transit Authority (BMTA) (BANGKOK POST)

- The Assets Examination Committee (AEC) submitted a report on the wealth of former prime minister Thaksin Shinawatra for prosecution review and recommended judicial proceedings to seize 76 billion baht (THE NATION)

BUSINESS

- Inflation may have spiked at 9 percent this month, says a UOB KayHian report released (THE NATION)

- Siam Makro PCL MAKR.BK is sharpening its focus on core cash-and-carry operations by selling its Makro Office Centre business to Central Retail Corporation (CPN.BK) (CRC) (BANGKOK POST)

- The Mitr Phol Group has announced a collaboration with Tate & Lyle Investment Services, the world's leading sugar trader, to launch the country's first conditioning silo (THE NATION)

- Advanced Info Service ADVA.BK (AIS) is suing the operator of the tiny Hutch mobile service for 45 billion baht, claiming damage to its reputation from allegations that it was blocking calls from Hutch users (BANGKOK POST) ** Looking for more information from local sources? Factiva.com has eight Thai sources including the Bangkok Post and The Nation. ($1=32.41 Baht)