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BANGKOK, June 2 Asia Pulse - Highlights of today's newspapers:
- The Stock Exchange of Thailand (SET) will postpone liberalising brokerage commission structures until it reaches its target of increasing the investor base to 400,000 accounts, exchange president Kittiratt Na Ranong has said.
- Two giant life insurers, American International Assurance Co (AIA) and Ayudhya Allianz CP Life (AACP) are preparing to raise premiums on certain insurance policies following the Commerce Ministry's approval of reductions in minimum guaranteed savings rates to as little as 2 per cent.
- Information and Communications Technology Minister Surapong Suebwonglee has stressed the need to set up the National Telecommunications Commission quickly to ensure fair competition in the telecoms market and transparency in concession conversions.
- More than 5,000 people attended the Savings and Investment Fair during the weekend, a two-day event filled with briefings, seminars and training courses for neophyte investors about managing their personal finances.
- Creditors of Thai Petrochemical Industry are expected to nominate Thai Administrators Co today as the new planner for the industrial giant.
- Thailand has long held the dream of becoming the ``kitchen of the world,'' supplying varieties of fresh and preserved foods globally. And now that vision might be realised with the aid of food ...
Source: HighBeam Research, THAI NEWSPAPER HIGHLIGHTS - JUNE 2, 2003.