Damage to Thai economy from flooding could reach 27 billion baht

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Damage to Thai economy from flooding could reach 27 billion baht
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PETALING JAYA: Slow-moving traffic has been reported on several major highways in the Peninsula as of 12.30pm Monday (Sept 16).

BANGKOK: The flooding in Northern Thailand has been the most severe in the past 80 years and impacted the economy by as much as 27 billion baht , the Federation of Thai Industries said on Monday .

Kriengkrai went on to say that 60 FTI members in Chiang Rai have been affected by the floods, including damage to factories, machines, cars and office equipment. He added that FTI members who produce consumer items have been asked to increase production capacity to meet the demand of people amid the flood crisis.

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