2024 Thailand faces 40B baht flood damage, government allocates 111B baht for water management in 2025.

Thailand is facing a severe flood crisis due to heavy monsoon rains, affecting 45 provinces and displacing 250,000 households. Business leaders are urging the government to improve disaster management strategies, as the Thai Chamber of Commerce estimates potential damages of up to 40 billion baht in 2024. In response, the government has allocated 111 billion baht for water management projects in fiscal 2025 to enhance infrastructure and preparedness for future disasters.

October 20, 2024
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