Floods in northern Thailand worry business chiefs

Quick Summary:

The Thai Chamber of Commerce (TCC) expressed serious concern over the economic impact of the recent floods in several northern provinces, saying if the situation continued for a further month, the financial damage could exceed 10 billion baht.

The Office of National Water Resources on Monday released an alert on possible flash floods in all regions throughout this week.

Mr Sanan also stressed a need for the government to prepare a rehabilitation plan for people and businesses, which should include debt suspension, interest rate cuts and more soft loans.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Month Floods Financial Northern Water Provinces Situation Damage Baht Billion Estimated

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-02 @ 20:20:00 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 498 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 22334195

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 11 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 9 hours ago

Coverage Areas: Thailand

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Publisher ID: #66

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