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THAI NEWSPAPER HIGHLIGHTS - JULY 1, 2004.

AsiaPulse News

| July 01, 2004 | COPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

BANGKOK, July 1 Asia Pulse - Highlights of today's newspapers:

THE BANGKOK POST:

- Thailand's monetary policy will be aimed at keeping a lid on inflation to maintain the country's attractiveness for foreign investment in order to ensure sustainable economic growth, according to M.R. Pridiyathorn Devakula, the governor of the Bank of Thailand.

- The government, in considering a plan to loosen the cap on the price of diesel oil, has ordered an urgent economic impact study from the Energy Policy and Planning Office and the National Economic and Social Development Board (NESDB).

- TOT Corporation began offering international direct-dial service (IDD) today to nine countries at just nine baht per minute via CAT Telecom's international gateway, despite the lack of a settlement in an ongoing dispute between the two firms over rental fees.

- Strategic plans to develop the palm oil industry have been drafted to increase the plantation area by at least 400,000 rai a year over the next 25 years.

- The National Housing Authority (NHA) has securitised the rights to hire-purchase home loans it holds in order to raise about 1.2 billion baht in funds to pay off debts and underwrite construction of Baan Ua-arthorn low-cost housing projects.

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Source: HighBeam Research, THAI NEWSPAPER HIGHLIGHTS - JULY 1, 2004.

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