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Energy

PRESS DIGEST - Thai newspapers - Sept 7

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

POLITICS AND GENERAL NEWS

- Non-government organisations and villagers threatened to blockade Map Ta Phut industrial estate to force the government to review its list of 11 harmful industrial activities (THE NATION)

- The long shadow cast by the emergency decree has hung over Thai society for five months since its invocation on April 7, but still the debate rages whether it truly helps curb violence or is itself another problem to be negotiated (BANGKOK POST)

- Education officials are proposing that young people who commit acts of violence be sent to the restive South to do community work (BANGKOK POST)

- The Senate has begun two days of debate on the 2011 budget bill by putting the surge in public debt at the top of the agenda (BANGKOK POST)

BUSINESS

- The National Telecommunications Commission will start imposing a daily fine of 166,667 baht ($5,352) on each of the five telecom companies from Friday for failing to offer mobile number portability service (BANGKOK POST)

- The Stock Exchange of Thailand is monitoring price and volume movements of listed telecom companies for fear of share manipulation and speculation ahead of the auction of third-generation wireless licences later this month (BANGKOK POST)

- The Industrial Estate Authority of Thailand and the Department of Industrial Works - the state bodies responsible for granting operating and construction licences to the projects in Map Ta Phut - will immediately consider the details of the suspended projects outside the list of environmentally harmful activities, aiming to release those projects within two weeks (THE NATION)

- The operators of the two projects in the Map Ta Phut industrial estate that remain suspended after the Administrative Court ruling vowed not to move elsewhere now that long-awaited environmental regulations have become clear (BANGKOK POST)

- A fire at the lube oil production arm of Thai Oil TOP.BK on Sunday night caused only marginal damage, said chief executive officer Surong Bulakul (BANGKOK POST)

- The stock market’s bull-run is expected to continue, with one brokerage house foreseeing the SET Index rising to 1,100 points within six months (THE NATION)

- Many senior executives of the Bank of Thailand will retire in the next few years and could force the central bank to recruit more outsiders to fill the vacancies (THE NATION)

- Asian Property Pcl AP.BK has launched a new business plan that includes the establishment of a new contractor subsidiary to focus on the lower-end segment, a training school to improve sales staff and a re-branding plan for next year (BANGKOK POST)

- MBK MBK.BK, operator of the MBK Centre, expects its net profit to jump in the next few years, buoyed by its real-estate business (THE NATION) ($1=31.13 baht) (Bangkok Newsroom +66 2648 9721, e-mail: bangkok.newsroom@reuters.com)

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