Thailand Flood 2011 impact on supply chain

Chamber chairman Phongsak Assakul said government entities must hurry to reassure the country's trading partners any time the flood waters completely recede, Thai businesses will be able to produce and export goods to customers promptly. Otherwise, those customers might start placing their orders in other countries.

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The makers prone to suffering from the flood disaster in the long run are the ones in the electrical products and electronics segments, in addition to labour-intensive sectors, that may easily move their production bases away from Thailand.

If it happens, it'll have an effect on small, and medium-sized enterprises in the supply chain, Phongsak warned. However, he believes that this automotive business will remain in Thailand, that includes a favourable investment climate.

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The export sector will have the impact from the flooding in the first quarter of pick up, considering that some manufacturers are still inside the restoration stage and do not expect to be able to resume full operations before second quarter.

Approximately the export sector pick up might find lower expansion than this year, forecast at 10 % versus the estimated 15-per-cent growth this season.

Phongsak added how the government must urgently restore flood-hit industrial parks to be able to resume production quickly. It must also quickly help SMEs restore their businesses, because they are looking for huge cash injections to rehabilitate themselves.

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Moreover, the federal government must assure foreign investors there will never be another massive flood next year, he said.

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Thailand News

Residents in districts with the Thai capital are already warned to evacuate as flood water is constantly on the move south for the sea.

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Water has now reached the outskirts in the inner city, even though authorities are nevertheless battling to help keep the commercial heart of Bangkok dry.

Two more industrial estates are threatened, plus the relocated flood emergency headquarters.

Greater than 500 folks have lost their lives as a result of the floods.

Humanitarian organisations are actually interested in communities living among the increasingly dirty water, reports the BBC's Rachel Harvey in Bangkok.
Buses suspended

Greater than a third of Bangkok's districts are now at the mercy of full or partial evacuation orders.

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Flood waters are gradually draining from inundated provinces north of the capital, passing through and around Bangkok while they flow on the sea.

City authorities have been given more pumps to try and force the flood water through more rapidly.

Bangkok Governor Sukhumbhand Paribatra said the 24 pumps he previously been sent would double capacity to move water from your east in the capital.

Two more industrial estates - in Lat Krabang and Bang Chan in eastern Bangkok - are already in the middle of flood waters.

Officials at both sites said the estates themselves remained dry but water had reached surrounding sandbag barriers.

The two subway and also the overground SkyTrain are running normally but bus services happen to be suspended in flooded areas.

The domestic airport at Don Muang remains closed along with the new flood headquarters - which moved from Don Muang the other day - is within a power Ministry building now in the middle of water.

Most professionals agree that several areas will stay submerged for at least another fourteen days, our correspondent adds.

Pm Yingluck Shinawatra says she plans to reserve more than $3bn (£1.9bn) for post-flood reconstruction.

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Chiang Mai, and Best Of Thaialnd.

But given the extent from the tidy up that is to be needed, many listed here are already predicting the last bill could possibly be better.