Thursday, February 17, 2011

PRESS DIGEST - Thai newspapers - Feb 17

Feb 17 (Reuters) - These are some of the leading stories in Thai newspapers on Thursday. Reuters has not verified these stories and does not vouch for their accuracy.

BANGKOK POST

- Thailand has rebuffed a plan by Cambodia to ask the Association of Southeast Asian Nations to send observers to monitor the shaky ceasefire along the border.

- The Thai government will propose it take a 60 percent stake in a joint venture with China on the construction of a 150 billion baht standard gauge rail line running 620 kilometres between Nong Khai and Bangkok.

- Local mobile operators remain adamant that they will not compensate state telecom enterprises for damages claimed as a result of concession amendments, as they fear a legal domino effect that could trigger more demands.

THE NATION

- The state committee asked state-owned CAT Telecom's three concession holders to propose to it on Feb. 25 a formula to compensate the state agency's losses from the amendments to their concessions.

- The Bank of Thailand has launched a study on the potential change in Thai consumers' saving patterns after the lowering of bank-deposit protection caps from Aug. 11.

- Commercial banks this year will be more active in mobilising public deposits on anticipation of continued growth in loan demand from last year, Bangkok Bank executive chairman Kosit Panpiemras said.

- Japan has launched stricter quality measures for its rice supply, which could cause problems for Thai exports, the National Food Institute said.

KRUNGTHEP TURAKIJ

- Four palm oil producers have found hoarding cooking palm oil, partly causing palm oil shortage, a Commerce Ministry source said.

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