Thailand’s floods: a message for regional business

Traffic in the flooded streets of Lat Phrao shopping and business district in Bangkok, 5 November 2011. Hundreds of thousands of people were told to evacuate a number of Bangkok districts but many chose to stay despite the risks, which included electrocution, disease and a lack of food and drinking water. (Photo: AAP)

Author: Mark Carroll, Australian-Thai Chamber of Commerce

The muddy floodwaters in Thailand having receded, one of the truths to emerge will be just how important the Thai economy is in both regional and global terms.

Thailand is a manufacturing powerhouse. Countless small and large factories churn out a broad range of finished consumer goods for export, as well as component products vital to global supply chains. Read more…