ASEAN KEY DESTINATIONS
Thai Flood Update-November 3
Bangkok 80 percent dry
Many people, however, have ignored the advice, choosing to stay in their inundated homes despite risks including electrocution and disease as well as shortages of food and drinking water.
"In terms of area about 20 percent of the capital is under flood water but nobody knows the exact population affected," said a spokesman for the Bangkok Metropolitan Administration, Jate Sopitpongstorn.
When the leak in Bangkok North is slowed by big bags, Bangkok's canal system can drain off excess water to be pumped out at giant tunnel at Rama IX Rd into Chao Phraya.
Speaking at the Flood Relief Operations Centre (Froc), Mr Plodprasop said that it was own assessment that the people in Bangkok and surrounding provinces would have to live with the existing flood situation for at least another two weeks.
BoT domestic economy department senior director Methee Supapong said Thursday there had been a decline in exports, industrial output, tourism and domestic consumption.
"Exports of electronic goods and hard disk drives have a tendency to decline because of the state of the global economy but the flooding will likely prolong the slump.
"The sector that will suffer more impact is tourism as travelling might not be easy, but there'll be some tourists coming to the country because foreign tourists understand the situation in Thailand," Mr Methee said.
The central bank's study found business and consumer confidence had fallen below the 50-point level as sales orders had been down for some time because of the widespread flooding in the North, Northeast and the Central Plains.
"We believe Thailand should also remain an attractive place for foreign direct investment (FDI) due to location advantages, a supportive business environment and highly competitive workforce. While devastating in the near-term, we believe that impact from the flooding should prove short-lived, and that Thailand should recover well from this disastrous event," he said in his note in Franklin Templeton Management’s web site.
Local people in Pathum Thani, however, are protesting against the closing of Klong 9 Canal's water gate. They have demanded that the Flood Relief Operation Centre (FROC) open the water gate immediately.
China sends 500 boats
He added that General Pracha Promnok, director of the Flood Relief Operations Centre, was to prepare a list of items that the money would be spent on.
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