Bangkok floods ease, economic losses estimated at 12.3 billion baht
Flooding continued in parts of Bangkok on Monday despite easing rain, with authorities assisting affected residents and moving some people to temporary shelters. Nationwide, at least eight people have reportedly died in flooding over the past 10 days. Government spokesperson Ekkaphop Pienpisan said rainfall in Bangkok had decreased, with drainage continuing in several areas. Some […] The post…
Bangkok's flooding has eased, but significant economic losses are anticipated, estimated at 12.3 billion baht, which equates to 0.066% of Thailand's annual GDP. The eastern region is expected to face losses of 2.98 billion baht, while Samut Prakan, Pathum Thani, Nonthaburi, and Nakhon Pathom will collectively suffer around 1.84 billion baht in damages.
The hardest-hit sectors include consumer spending, tourism, and urban services, which have been adversely affected by disrupted economic activities. Despite some roads returning to normal, several communities and sois remain heavily flooded, with the Chao Phraya Dam releasing water at a rate of 1,900 cubic meters per second.
Brief written by urgent.news from Khaosod English's own syndicated text. Machine-written — may contain errors; check the original before relying on it.