June 1, 2011
(Reuters) - These are some of the leading stories in Thai newspapers on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy.
BANGKOK POST
- Thailand is confident in the professionalism of the International Court of Justice in ruling on the country's dispute with Cambodia, Foreign Minister Kasit Piromya said.
- United States senator John McCain has expressed confidence the Thai government will handle the contentious issue of repatriating displaced Burmese with caution.
- Securities and Exchange Commission directors will meet today to discuss whether the reported involvement of chairman Vijit Supinit in a hostile takeover bid for Thoresen Thai Agencies is at odds with the regulator's corporate governance code of conduct.
- Thai Airways International is rushing to close deals to procure 75 jets worth 450 billion baht ($14.8 billion) over the next two to three months to avoid any political meddling that could arise after the general election.
THE NATION
- Inflation expectations remained high in April, fuelling speculation that the Monetary Policy Committee on Wednesday will continue hiking the policy interest rate.
- The top executive of Kim Eng Securities (Thailand) (KEST), the country's largest brokerage firm by market share of securities trading, will soon meet with its new major shareholder Maybank IB Holdings in Singapore for the first time since KEST was taken over.
KRUNGTHEP TURAKIJ
- Media and entertainment group GMM Grammy has announced a 1 billion baht investment plan for sports business over the next three years, aiming to launch three new TV satellite channels to broadcast major European football tournaments by the end of 2011.
($1 = 30.32 Baht)
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