IN BRIEF: Democrat assembly

Published on October 05, 2005

Somchai, Kasem, Sumet among VIPs lined up to attend gathering

A number of well-known figures will join the Democrat Party Assembly this weekend, a party source said yesterday.

Among those invited are researcher Somchai Ruchuphan, former Electricity Generating Authority of Thailand governor Kasem Chatikavanij, political scientist Chaianant Samudvanija, architect Sumet Jumsai na Ayuthaya and Chokchai Ranch Group managing director Choak Bulakul, the source said.

Democrat leader Abhisit Vejjajiva and secretary-general Suthep Thuagsuban will hold a press conference about the meeting today.

– The Nation.

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DEBT RESTRUCTURING: State banks, AMCs to play key roles

State-owned banks and asset-management companies are likely to take a leading role in debt restructuring, Finance Ministry officials said. The ministry and the Bank of Thailand will discuss the issue later this afternoon. The state-run banks and AMCs may be assigned to buy debts or offer a “haircut” for those owing debts to financial institutions, the officials said. – The Nation.

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1992 CRACKDOWN: Compensation claims to be accepted

The Rights and Liberties Protection Department will start accepting claims from Monday until October 21 from 83 victims of the 1992 Bloody May incident, in order to disburse a portion of Bt44 million in compensation payments. Of the victims, 72 will receive Bt206,300 and 11, including a New Zealander who now lives with a disability, will get Bt633,420 each. – The Nation.

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HI-SO SINGALONG: PM joins Paiboon for karaoke

GMM Media Plc chairman Paiboon Damrongchaitham yesterday led several singers from his label to a karaoke session with Prime Minister Thaksin Shinawatra and his youngest daughter Paetongtarn.

A smiling Paiboon emerged at the Thai Rak Thai party’s headquarters with singers including Panadda Ruangwoot. He greeted TRT MPs before entering the karaoke room. Last month, Paiboon and his entertainment empire drew public ire during his hostile bid to take over Matichon Plc, which was later abandoned.

Many people believed Thaksin was behind the bid, accusing his government of interfering in the media’s independence. – The Nation.


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