PRESS DIGEST - Thai newspapers - July 7

Sun Jul 6, 2008 10:00pm EDT

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BANGKOK, July 7 (Reuters) - These are some of the leading stories in Thai newspapers on Monday. Reuters has not verified these stories and does not vouch for their accuracy.

TOP STORIES

- Prime Minister Samak Sundaravej indirectly criticised the Administrative Court's ruling which blocked cabinet approval of Cambodia's listing of the Preah Vihear temple as a World Heritage site (BANGKOK POST)

- The National Counter Corruption Commission may file corruption cases against former prime minister Thaksin Shinawatra and his government officials (BANGKOK POST)

- Court decisions in the coming months may drastically change the way local politics is played (THE NATION)

BUSINESS

- PTT PCL (PTT.BK) has outlined an investment programme worth $125.6 billion from now to 2020 as it moves to strengthen its competitiveness among the world's major oil and gas players (BANGKOK POST)

- Home-buyers who are considering financing should perhaps make a decision soon, as mortgage rates are expected to rise further this year along with overall interest rates (THE NATION)

- Bank of Ayudhya BAY.BK is offering a special 10-month fixed-deposit account with interest of 3.1 per cent per annum for a minimum amount of 50,000 baht, 3.3 per cent per annum for a minimum of 2 million baht and 3.3 per cent for a minimum of 20 million baht (THE NATION)

- Plans by Total Access Communication DTAC.BK and True Move to offer third-generation mobile services have been delayed pending clarification of technical issues by CAT Telecom, which oversees the two mobile operators' concessions (BANGKOK POST)

- TCC Capital Land is focusing on Vietnam, which it sees as a very promising market, while scaling back launches in Thailand from four to two a year (BANGKOK POST)

- Condominium developers are facing the dilemma of soaring construction costs and a weaker baht against the dollar (THE NATION) ** Looking for more information from local sources? Factiva.com has eight Thai sources including the Bangkok Post and The Nation. ($1=33.36 Baht)