The Bank of Thailand says ongoing flooding will limit the impact on services, but retailers, restaurants, tourism operators, logistics firms and SMEs are expected to be hit. Flood losses to household and SME assets are already showing up. The central bank has urged banks to offer debt relief and extra liquidity to affected borrowers, so if your business is affected, ask your lender about these options now. If flooding lasts, tourism confidence may fall further. Bangkok's inner areas, where the IMF-World Bank meetings are held from Oct 12-18, are not affected.
← Back to all articles