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THAI NEWSPAPER HIGHLIGHTS - AUG 1, 2002.

AsiaPulse News

| August 01, 2002 | COPYRIGHT 2002 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, Aug 1 Asia Pulse - Highlights of today's newspapers:

THE BANGKOK POST

- Thai Airways International's stalled partial privatisation is now moving ahead with the final blessing given yesterday by the State Enterprise Policy Committee.

- The State Enterprise Policy Committee has announced a revised privatisation schedule to the end of 2004.

- Failure to convert state concessions to a new basis this year will be positive rather than negative for the initial public offering of shares by TOT Corporation, due in the middle of this month, according to its executives.

- A limited deposit insurance programme will probably be implemented over four years to allow bank customers time to adjust, according to M.R. Pridiyathorn Devakula, the governor of the Bank of Thailand.

- Siam Cement Group, the country's largest industrial conglomerate, plans to reduce its consolidated debt to 90 billion baht by 2004 to ease the way for investment in new businesses.

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