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Panel puts flood income loss at B30bn this month
Bangkok Post
|December 04, 2025
The private sector estimates the deadly floods in the South have caused income losses of 20-30 billion baht, weighing on GDP growth in the final quarter of this year.
Speaking at the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) meeting yesterday, Kriengkrai Thiennukul, chairman of the Federation of Thai Industries, said the floods in southern Thailand are expected to result in 20-30 billion baht worth of income losses in December alone, reducing fourth-quarter GDP by 0.1-0.2%.
"Despite the flood impact, the economy will be partly cushioned by government subsidies and stimulus measures under the 'Quick Big Win' approach," Mr Kriengkrai said.
As a result, the JSCCIB revised its 2025 GDP growth forecast to 2% from the previous estimate of 1.8-2.2%.
This story is from the December 04, 2025 edition of Bangkok Post.
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