Monday, 16 August 2010

PRESS DIGEST - Thai newspapers - August 16

via Khmer NZ

BANGKOK | Sun Aug 15, 2010

BANGKOK Aug 16 (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.

POLITICS AND GENERAL NEWS

- Thailand pushes for a fresh meeting of a border committee with Cambodia, aiming to keep the border dispute on a bi-lateral level and prevent international interference. (BANGKOK POST)

- Thailand's ruling Democrat Party planned to hold forum to gather opinions of motorcycle taxi drivers, many of whom support the opposition, to better address their problems. (BANGKOK POST)

- Prasarn Trairatvorakul, the Bank of Thailand governor designate, reached out for co-ordinated efforts to extend the bank's role to include social issues including better income distribution and the environment. (THE NATION)

- Prime Minister Abhisit Vejjajiva said the 4,000 city bus project was on the right track but needed to be proven transparent and useful before approval by the cabinet, denying speculation the project is used as a bargaining chip with a coalition partner. (THE NATION)

BUSINESS

- The Excise Department considered overhauling the current tax structure for vehicles, in a bid to increase incentives for environmentally friendly and fuel-efficient cars. (BANGKOK POST)

- Large local banks expect strong growth in corporate banking business for the second half of the year, mainly from improving project finance as well as merger and acquisitions in several sectors. (BANGKOK POST

- Thailand's Government Pension Fund (GPF) plans to increase its investment weight in corporate bonds of the Group of Seven countries (G-7) by 15 billion baht to cash in on the higher rate of return from economic recovery. (THE NATION)

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