Thailand Bangkok Floods

October 28, 2011 by staff 

Thailand Bangkok Floods, Bangkok’s Chao Phraya rose to a record, flooding the nearby tourist spots like the Grand Palace Yingluck Shinawatra as prime minister called for new ideas to curb the country’s worst floods since 1942.

“The crisis we are facing today is the largest natural disaster that has happened in Thai history,” he told reporters today, adding that he would welcome suggestions from the opposition Democratic Party. “I would seek the cooperation of all who have no political parties or political parties. Do not divide.”

The government is considering cutting through five major roads in Bangkok canals to drain water seeping into the northern parts of the capital and a high tide threatens coastal communities. Roads in the east of the city, are blocking the water reaches the channels that empty into the Gulf of Thailand, the Minister of Transport Sukumpol Suwannatat said.

Uncertainty about the severity of flooding has caused panic in the capital, leading to a shortage of bottled water, eggs and infant formula as the worst flooding in more than half a century to reach Bangkok. Dikes north of the city are holding back a wall of three meters deep of water that has flooded about 10,000 plants, disrupting the supply chain of companies such as Honda Motor Co. and Western Digital Corp. (WDC)

Thailand’s central bank today cut its forecast for economic growth this year as floods take a toll on manufacturing and tourism. The second largest economy in Southeast Asia could grow by 2.6 percent in 2011, compared with a previous forecast of 4.1 percent and 4.1 percent next year, the Bank of Thailand said today.

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