Floodwaters in Bangkok have mostly receded, but economists say the economic hit could last longer, with more rain forecast for the rest of the year. Krungsri Securities estimates the latest floods could cut GDP by about 0.2 percentage points, versus a 3-point dip in 2011. Economists say SMEs squeezed for liquidity may feel the pressure for some time, and affected households may take on more debt to replace belongings. Watch for government relief, compensation and stimulus measures, and plan cash reserves and credit needs for the fourth quarter.
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