Business
Thai Prime Pledges to Protect Bangkok Economic Areas
The prime minister interviewed with CNN about the flood situation and said that since Bangkok is an important area in Thailand, it will be protected as much as possible, and that she is greatly concerned about the distress among residents.
The prime minister interviewed with CNN about the flood situation and said that since Bangkok is an important area in Thailand, it will be protected as much as possible, and that she is greatly concerned about the distress among residents.
Prime Minister Yingluck Shinawatra gave CNN an interview on Sunday, saying officials from all related units are doing their best to manage the water-level of dams and the effectiveness of the dikes to handle the unusual torrential downpours of the rainy season.
She said her main concern is the people who are distressed by the flooding, adding that Bangkok will be protected as much as possible because it is an economic hub of Thailand.
CNN reported that the Thai government has decided to let the water flow through the canals in Bangkok and its suburbs, including Rangsit District, to prevent the water from flowing into the inner city.
The flooding in this year is said to be the worst flooding in over half a century, and some areas may continue to suffer from flooding for another month before the water levels decrease.
CNN further reported that the water is now flowing towards Don Muang Airport and Thammasat University Rangsit Campus, which are temporary shelters for the flood victims.
The government asked victims to evacuate from both Don Muang Airport and Thammasat University Rangsit Campus to other evacuation centers provided at government offices for safety reasons.
The Ratchamangkala Stadium was declared as a temporary shelter for flood victims evacuated from Don Muang Airport and Thammasat University Rangsit Campus.
| UPDATE : 25 October 2011 | ||
| Bangkok Governor Sukhumbhand Paribatra held his morning press conference at the headquarters of the Bangkok Metropolitan Administration. His main concerns this morning are water levels on the Chao Phraya River which are expected to reach record breaking points again today. The river water level could reach as high as 2.35 to 2.40 meters.Sukhumbhand asked residents to be careful and not take the situation for granted. If residents are not confident in the situation, they should move to evacuation centers available in many areas.Once again, the governor reiterated that residents living along the banks of the Chao Phraya, both inside and outside the flood barriers, should brace themselves for unusually high water levels. Locals living along canals directly connected to the Chao Phraya should also remain alert as high tide is expected October 28 to 30. At those times, levels might reach 2.60 meters, 10 centimeters higher than Bangkok’s flood barriers. Sukhumbhand admitted that Don Muang District remains flooded. However, BMA officials are making sure the flood water does not affect the operations of the Flood Relief Operations Center. | ||
Business
Large Shopping Malls in Bangkok Will Be Closed until July 25th
Shopping malls under the Mall Group, including all branches of The Mall, the Emporium, Emquartier and Paragon Department Store, are also closed for 14 days, from today, except for supermarkets, food courts, pharmacy shops, eateries (take-out and delivery only), banks, mobile phone shops and vaccination sites.
BANGKOK (NNT) – Large-scale shopping malls in Bangkok and in some dark-red zone provinces are now closed for two weeks, to comply with the latest COVID-19 curbs in 10 provinces.
(more…)
Business
Downside risks loom for Thai economy due to Prolonged COVID-19 Outbreak
The most important issue for the Thai economy at present would be the procurement and distribution of appropriate vaccines adequately and timely.
The Bank of Thailand (BoT) has revealed that Thailand’s economy faces significant downside risks, because a prolonged COVID-19 outbreak could cause the economy to underperform the baseline projection, squeezing business liquidity and slowing employment.
(more…)
Thai baht becoming the region’s worst-hit currency in COVID pandemic
According to data from its tourism ministry as well as the World Bank, Thailand had only a little over 34,000...
Asia’s slow rate of vaccination is a thorn in the region’s economic recovery
Southeast Asia has been hit badly. Daily infections for Indonesia, Thailand, Vietnam are at their worst, on a seven-day moving...
TAT expects 850 billion baht ($25.7 bln) in tourism revenue after successful reopening
The Tourism Authority of Thailand (TAT) has set this year’s revenue target at 850 billion baht, 300 billion of which...
Download 1xBet mobile and play all over the world
Placing profitable bets or playing in a casino is now possible comfortably even without being tied to a computer. It...
3 ways Asia can recover from the COVID-19 pandemic faster
Countries in the East Asia and Pacific region will benefit from cooperation in three major areas: vaccine deployment, reviving sectors...