Businesses lost Bt1.3 trillion to floods: PM

THURSDAY, DECEMBER 08, 2011
Businesses lost Bt1.3 trillion to floods: PM

Flooding has cost the Thai private sector Bt1.3 trillion in lost revenues and damage to property, Prime Minister Yingluck Shinawatra told a Bangkok conference Thursday.

 

The country’s industrial output has dropped drastically in the last three months, Yingluck said in a speech to a workshop at the National Defence Studies Institute, without citing specific sources.
In the speech, titled “Roles of the government and private sectors in national security”, Yingluck said systems were needed for dealing with both natural and manmade threats to create a foundation for national, social and political security.
The Nation