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BANGKOK, April 1 Asia Pulse - Highlights of today's newspapers:
THE BANGKOK POST:
- Nok Air, the budget airline venture spearheaded by Thai Airways International Plc, is taking the unconventional approach of using a reality TV show to recruit flight attendants.
- Eighteen former governors and top executives of the Electricity Generating Authority of Thailand yesterday called on the government to reconsider plans to list the power utility on the Stock Exchange of Thailand.
- Directors of the Provincial Electricity Authority have given approval for a 3.8-billion-baht solar power project to move forward, even as questions over the transparency of the procurement bids linger.
- The SET is down again. But coming off a phenomenal year - why should that be surprising? The next support level is 605. But several stocks are starting to look worth picking up now. It is worth considering the catalysts that will drive the market up more than just for a short bounce.
- Capital goods imports grew a record 25.7 per cent year-on-year in February, improving the outlook for a rise in private investment in the coming months, according to the latest economic data released by the Bank of Thailand.
Source: HighBeam Research, THAI NEWSPAPER HIGHLIGHTS - APRIL 1, 2004.