September 3, 2008 / 2:10 AM / 11 years ago

PRESS DIGEST - Thai newspapers - Sept 3

BANGKOK, Sept 3 (Reuters) - These are some of the main stories in Thai newspapers on Wednesday. Reuters has not verified these reports and does not vouch for their accuracy.

TOP STORIES

- People’s Alliance for Democracy (PAD) core member Sondhi Limthongkul showed the first signs of a compromise to end the political stand-off. (BANGKOK POST)

- Widespread disruption of public services is expected on Wednesday as state enterprise labour unions have confirmed they will down tools to press for the resignation of Prime Minister Samak Sundaravej. (BANGKOK POST)

- Academics and advocacy groups yesterday called on Prime Minister Samak Sundaravej to dissolve Parliament and revoke the state of emergency as quickly as possible. (THE NATION)

- Army chief General Anupong Paochinda insisted on Tuesday that solders would not stage a military coup. He said Parliament was the best forum to solve the political crisis. (THE NATION)

BUSINESS

- Business leaders slammed the government’s decision to declare a state of emergency, saying it would hurt investor sentiment and national business while the violence was unlikely to end soon. (BANGKOK POST)

- Thai stocks fell 2.33 percet on Tuesday as investors fled after the government imposed a state of emergency. (BANGKOK POST)

- Tourists are checking out of their hotels or cancelling bookings, while meetings and exhibitions are being postponed, leading operators to believe Thailand will miss this year’s tourism-revenue target of 700 billion baht. (THE NATION)

- Hanacobi, South Korea’s leading plastic container manufacturer, will form a joint venture with Srithai Superware SITH.BK, one of Thailand’s largest plastic product makers, to expand its reach in Thailand. (BANGKOK POST)

** Looking for more information from local sources? Factiva.com has eight Thai sources including the Bangkok Post and The Nation. (Reporting by Bangkok Newsroom)

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