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Energy

PRESS DIGEST - Thai newspapers - September 17

BANGKOK, Sept 17 (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.

POLITICS AND GENERAL NEWS

- The Central Administrative Court has hampered hopes for the long-overdue third-generation telecom development in Thailand in the near future with a bombshell injunction on the licence auction scheduled to kick off on Monday (THE NATION)

- A group of men, reportedly living in a condominium near Prime Minister Abhisit Vejjajiva’s home, are being watched closely, Deputy Secretary-General to the prime minister, Panitan Wattanayagorn said (THE NATION)

- The Bhum Jai Thai Party will not waver in its determination to push for the amnesty of protesters, even though the coalition whips have sent the draft back for a rewrite, Deputy Transport Minister Suchart Chokchaiwattanakorn said (THE NATION)

BUSINESS

- The perception of the investment environment in Thailand has improved among Japanese investors, and some are planning to expand their investments in the country because they have renewed confidence in its investment legislation (THE NATION)

- The Bank of Thailand is keeping a close watch on the bond market, following the excessive inflows which could be a sign of currency speculation (THE NAITON)

- The government is planning to float 50-year bonds to institutional investors to help raise funds to cover the budget deficit, said Chakrit Parapuntakul, the director-general of the Public Debt Management Office (Bangkok Post)

- Rapid growth in automobile exports and domestic sales in the first eight months of the year drove local production past one million units, says Surapong Phaisitpattanapong, spokesman for Federation of Thai Industries’s automobile industry club (BANGKOK POST)

- PTT Pcl PTT.BK expects its sixth gas separation plant, which was suspended by the Administrative Court in 2009 in its Map Ta Phut ruling, to be ready to start operations by November (BANGKOK POST)

- Timber suppliers and exporters were urged to prepare for the new European Union timber regulation that will come into force at the end of this year (THE NATION) (Bangkok Newsroom +66 2648 9721, e-mail: bangkok.newsroom@reuters.com)

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