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Tag Archives | Thai Flood 2011

Floods cost ThaiBev billions

Floods have cost Thai Beverage Plc (ThaiBev), the country’s leading beer and spirits maker, several billion baht, the biggest financial loss for whisky billionaire Charoen Sirivadhanabhakdi in more than a decade. The damage comes from three areas: tangible assets, loss of business continuity and loss of new business opportunities both at home and abroad. Five […]

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Leading retailers ensure supplies through distribution alternatives

Major retailers have adjusted their logistics and distribution strategies to ensure their stores do not run out of essential commodities during the flood crisis. Suwit Kingkaew, senior vice president of CP All, operator of 7-Eleven convenience stores, said the company had temporarily opened about 100 small distribution centres in shophouses throughout metropolitan Bangkok. It has […]

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Saving remaining estates

The Kingdom’s most powerful private-sector organisation has called for the government to protect the remaining industrial estates in the eastern part of Bangkok stringently, otherwise the losses from the devastating flooding will soon exceed Bt1 trillion. The current estimate is for losses of between Bt400 billion and Bt500 billion. After yesterday’s meeting of the Joint […]

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A shopping desert

A shopping desert. Central Bangkok’s small merchants are in danger of going under despite the area remaining dry as customers disappear. While northern Bangkok and Thon Buri struggle underwater, the heart of the capital’s business and shopping district remains bone dry. But don’t say the flooding has not made itself felt _ small business owners […]

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Bt5 billion for industrial parks to build flood barriers

The seven industrial estates that have been hit by severe flooding are expected to need loans of at least Bt5 billion to build barriers to prevent future flooding. Commerce Minister Kittiratt Na-Ranong said at a meeting yesterday with the Board of Investment, Federation of Thai Industries, Industrial Estate Authority of Thailand, Strategic Partners Association and […]

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