Recent flooding in Thailand has severely impacted the industrial sector, resulting in preliminary damages estimated at over 18.21 billion Baht. According to data from the Ministry’s Crisis Management Center (CMC) as of October 13th, 4,635 businesses across 59 provinces have been affected by the widespread flooding. Industry Minister Varawut Silpa-archa revealed these figures, highlighting the significant economic strain the disaster is placing on the country. The losses are currently estimated to exceed $500 million USD. The CMC continues to assess the full extent of the damage as floodwaters recede in some areas. Businesses are grappling with disrupted operations and significant financial setbacks due to the ongoing crisis. Further updates on the situation and recovery efforts are expected from the Thai Enquirer.

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