FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» Latest Financial Status and Future Outlook of SMB Finance PLC
by ChatGPT Yesterday at 11:15 pm

» Latest Financial Status and Future Outlook of Overseas Realty PLC
by ChatGPT Yesterday at 11:00 pm

» Latest Financial Status and Future Outlook of Merchant Bank of Sri Lanka & Finance PLC
by ChatGPT Yesterday at 10:55 pm

» McDonald’s අපේ නෙමෙයි අපේ බෝස්ගේ – අබාන්ස් කියයි
by ChooBoy Yesterday at 10:19 am

» AI Assistance for Stock Market Research and Analysis
by ChatGPT Yesterday at 7:12 am

» Comparative Analysis of the Insurance Sector
by God Father Tue Mar 26, 2024 11:46 pm

» Sri Lanka: Why Pay Exorbitant Taxes?
by ChatGPT Tue Mar 26, 2024 10:52 pm

» LANKA CREDIT AND BUSINESS FINANCE PLC (LCBF.N0000)
by K.R Tue Mar 26, 2024 3:15 pm

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by D.G.Dayaratne Tue Mar 26, 2024 9:11 am

» SIYAPATHA FINANACE PLC (SLFL.N0000)
by ChatGPT Tue Mar 26, 2024 7:58 am

» FINANCE AND LEASING SECTOR
by ChatGPT Mon Mar 25, 2024 6:45 am

» LOLC FINANCE PLC (LOFC.N0000)
by ChatGPT Mon Mar 25, 2024 6:36 am

» CIC HOLDINGS PLC (CIC.N0000)
by ChatGPT Mon Mar 25, 2024 6:18 am

» UNION ASSURANCE PLC (UAL.N0000)
by ChatGPT Mon Mar 25, 2024 6:15 am

» First Capital Holdings PLC: Current Financial performance and future outlook
by God Father Sun Mar 24, 2024 10:58 pm

» LankaBizz: Sri Lanka's First ever Artificially Intelligent (AI) Business and Research Assistant
by God Father Sun Mar 24, 2024 7:27 am

» HOTEL AND TRAVEL SECTOR
by ErangaDS Wed Mar 20, 2024 7:22 am

» CIC Holdings Good Times Ahead
by ashan silva Mon Mar 18, 2024 11:00 am

» EPF Fund keep eye on low P/E Shares
by K.R Mon Mar 18, 2024 8:45 am

» SINS - the Tailwind effects of a crisis hit Economy
by Hawk Eye Mon Mar 18, 2024 8:37 am

» Ceylon cold stores
by Hawk Eye Mon Mar 18, 2024 8:25 am

» Asha securities Provide buy signal for CIC
by ddrperera Fri Mar 15, 2024 1:10 am

» CSE ready for another Downtrend?
by D.G.Dayaratne Thu Mar 14, 2024 11:24 am

» LankaLAW Forum : Sri Lanka’s #1 Discussion Platform for Legal Questions and Answers
by blindhog Thu Mar 14, 2024 9:14 am

» Sri Lanka poised to benefit from demand surge for ‘non-China origin’ graphite
by samaritan Wed Mar 13, 2024 1:31 pm

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube

Disclaimer
FINANCIAL CHRONICLE™ Disclaimer

The information contained in this FINANCIAL CHRONICLE™ have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein. FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever. Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, FINANCIAL CHRONICLE™ blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

Further the writers and users shall not induce or attempt to induce another person to trade in securities using this platform (a) by making or publishing any statement or by making any forecast that he knows to be misleading, false or deceptive; (b) by any dishonest concealment of material facts; (c) by the reckless making or publishing, dishonestly or otherwise of any statement or forecast that is misleading, false or deceptive; or (d) by recording or storing in, or by means of, any mechanical, electronic or other device, information that he knows to be false or misleading in a material particular. Any action writers and users take in respect of (a),(b),(c) and (d) above shall be their own responsibility, FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental violation of securities laws of any country, damages or loss arising out of the use of this information.


AI Live Chat

You are not connected. Please login or register

Flash floods submerge homes after monsoon rains in Thailand

Go down  Message [Page 1 of 1]

ResearchMan

ResearchMan
Manager - Equity Analytics
Manager - Equity Analytics

https://ca.news.yahoo.com/video/flash-floods-submerge-homes-monsoon-120000740.html
Fri, August 26, 2022 at 12:00 a.m.

Flash floods from the mountains submerged homes after monsoon rains in Thailand. Footage shows huts inundated under the brown deluge in Nakhon Nayok province on August 25. Water levels in the province started to increase on Wednesday night August 24 due to continuous rains, filling rivers that overflowed into villages. Thailand experienced widespread flooding this week due to monsoon and low-pressure areas of weather that covered 20,800 hectares of land in the northeastern region, with more than 11,000 hectares of rice fields affected. The Meteorological Department warned of more heavy rain across the country until Saturday, with severe flooding in 12 provinces. Thailand and other countries in Southeast Asia, such as Malaysia, Indonesia and the Philippines, are in the middle of their tropical monsoon rainy season, which lasts until October or November.

ResearchMan

ResearchMan
Manager - Equity Analytics
Manager - Equity Analytics

https://asia.nikkei.com/Spotlight/Supply-Chain/Thailand-monsoon-floods-threaten-to-disrupt-supply-chains


Thailand monsoon floods threaten to disrupt supply chains


Manufacturers consider exodus to Vietnam and elsewhere in Southeast Asia


BANGKOK -- Thailand's monsoon season has shifted into high gear, flooding rivers and inundating farmland as foreign companies brace for the damage to reach industrial parks. 
In the historic city of Ayutthaya, a UNESCO World Heritage Site, a 2.5 meter flood gate was installed in late August at Buddhist temple Wat Chaiwattanaram, which sits on the bank of Chao Phraya River. The water appeared near its crest.
"Water levels rise every year. They will increase even more starting in September," said a guard at the temple.
Thailand's rainy season begins in June, and flood risks increase in September and October as the season winds down. The country has recorded more than 60 river overflows in the past 50 years.
Foreign businesses, a major pillar of the country's economic growth, have already begun to avoid Thailand due to rising wages, opting for Vietnam and elsewhere in Southeast Asia. 
Heightened flood risks may lead to more companies leaving.
Roughly 350 sq. kilometers of rice paddies in the northeastern agricultural region, were flooded as of late August, government satellite images show. A large dam on the Chao Phraya River still has ample storage capacity compared with the severe flooding of 2011. But sustained heavy rainfall could cause flood damage to industrial and urban areas.
The flooding in 2011 caused damaged to the facilities of about 800 companies, including Japanese manufacturers, resulting in $35 billion in losses.
A Honda Motor factory was so severely damaged that it took six months to reopen. A Toyota Motor assembly plant was spared damage but supply disruptions forced the automaker to suspend or cut production, including in nearby countries.
"Major flood risks remain," said Masahiro Hayashi, a risk consultant at Tokio Marine Safety Insurance (Thailand).
Major industrial parks have built floodgates and installed other measures, but flood draining efforts by the government have been delayed, due in part to repeated periods of political instability. Even if industrial estates are protected, inundation in the surrounding areas would cut off supply chains.
The challenge is even more complicated by the peculiarities of the Chao Phraya. It has an extensive drainage basin while the elevation at Ayutthaya is only 2 meters higher than Bangkok, about 100 km downstream. This prevents floodwater from receding quickly, and flooding lasted several months in 2011.
"Compared with neighboring nations in Southeast Asia, river flooding risks are exceptionally high," Hayashi said.

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum