September 5, 2008 / 2:27 AM / 11 years ago

PRESS DIGEST - Thai newspapers - Sept 5

BANGKOK, Sept 5 (Reuters) - These are some of the main stories in Thai newspapers on Friday. Reuters has not verified these reports and does not vouch for their accuracy.

TOP STORIES

- The government’s call for a referendum to end the ongoing political strife has met with stiff resistance, with almost all parties saying it was unconstitutional and merely a delaying tactic. (THE NATION)

- Samak Sundaravej’s cabinet’s resolution to hold a referendum to get the public’s view on ways to end the political turmoil has come under fire, with claims it would only prolong the conflict. (BANGKOK POST)

- Two Ramkhamhaeng University students were shot and injured by unidentified gunmen last night while marching with about 100 other students to Prime Minister Samak’s residence to call for his resignation. (BANGKOK POST)

- The Thai Chamber of Commerce and the Board of Trade yesterday urged the government to consider lifting the state of emergency in Bangok to prevent further damage to the economy. (THE NATION)

BUSINESS

- Hat Yai International Airport reopened on Thursday after anti-government protesters dispersed at midnight following a two-day siege. (THE NATION)

- The country’s lucrative tourist industry is looking for ways to revive Thailand’s image among foreign visitors and to stem losses caused by the current political conflict. (BANGKOK POST)

- A World Bank economist views the current political upheaval as only a short-run concern for investors, saying they should take a longer view of the country’s prospects. (BANGKOK POST)

- State enterprise labour unions have failed so far to present a united front in their response to the standoff between Prime Minister Samak and anti-government protesters allied with the People’s Alliance for Democracy. (BANGKOK POST)

- A senior Bank of Thailand official has encouraged exporters and importers to continue currency hedging, warning that the baht could weaken or strengthen at any time. (THE NATION)

- Fiscal-stimulus measures will only fire up inflation, as the economy is already running at its potential growth rate, projected at 5.5-6.1 percent over the next eight years. (THE NATION)

** 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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