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PRESS DIGEST - Thai newspapers Jan 4
04 Jan 2007 01:32:34 GMT
Source: Reuters

BANGKOK, Jan 4 (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.

TOP STORIES

- The cabinet has agreed to install surveillance cameras in public areas around Bangkok in response to the deadly bomb blasts on New Year's Eve (THE NATION)

- Bomb hoaxes and reports of suspicious objects stirred Bangkok and neighbouring Nonthaburi province as authorities stopped ruling out the possibility of southern insurgents being behind the Bangkok explosions (BANGKOK POST)

- Former Prime Minister Chavalit Yongchaiyudh lashed out at the Council for National Security for trying to link him to the bombings (THE NATION)

- The Constitution Tribunal said former Thai Rak Thai Party leader ousted Prime Minister Thaksin Shinawatra could testify and provide evidence through documentation in an electoral fraud case (THE NATION)

- The Asset Scrutiny Committee indicated there were grounds for the Foreign Ministry to revoke the diplomatic passport issued to Thaksin (BANGKOK POST)

BUSINESS

- Economic growth could drop sharply this year due to weaker consumer and tourism spending if violence continues unabated, economists said (BANGKOK POST)

- Thailand's risk premium has increased sharply since the Bangkok bombs, which could have cost the country dearly in the long term, ratings agencies said (BANGKOK POST)

- Bangkok's big retailers have been among the main victims of the bomb blasts as most of them reported a sharp drop in shoppers -- averaging 30 percent -- on Jan 1 (THE NATION)

- Thailand's inflation rose 4.7 percent in 2006 from a year earlier and this year's rate would be between 2.5 and 3.5 percent, the Commerce Ministry said (BANGKOK POST)

- Some commercial banks may need to recapitalise this year to enable them to comply with a new international accounting standard and to support business expansion, the central bank said (THE NATION)

** Looking for more information from local sources? Factiva.com has eight Thai sources including the Bangkok Post and Business Day.
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Thai marines inspect a police patrol truck damaged in a bomb attack by Muslim militants, in Thailand's Narathiwat province, 1149 km (713 miles) south of Bangkok January 30, 2007. Five policemen were wounded in the attack, police said.