Thai Listed Firms Face Over $10 Billion Annual Climate-Risk Costs by 2050: S&P
S&P Global warns that Thailand's largest listed companies could face nearly $11 billion annually in climate-related physical risk costs by the 2050s if no adaptation measures are taken. Extreme heat, water stress, and flooding are identified as major threats.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Bangkok Flood Victims to Receive 5,000 Baht Aid if Criteria Met, Government Confirms
The Thai government has confirmed that flood victims in the Keha Klong Chan housing complex in Bangkok will receive 5,000 baht in disaster relief if they meet specific criteria, including continuous inundation or isolation for over seven days.
- Thai PM Orders Accelerated Flood Mitigation Ahead of New Rains
Thai Prime Minister Anutin Charnvirakul, participating remotely from Singapore, has ordered a swift acceleration of flood mitigation measures in anticipation of new rainfall. He stressed the importance of early evacuation advisories for residents in flood-prone areas, particularly in the East, Bangkok, and the South, in response to heavy rain warnings.
- Chachoengsao Floods Persist, Submerging Homes; Residents Remain
Severe flooding continues in Bang Khla district, Chachoengsao province, Thailand, with homes nearly submerged up to their roofs. Some residents are refusing to evacuate, using makeshift rafts, and have lost farmed shrimp and fish.
- Thailand Forms Committee to Revise Laws, Assess Flood-Damaged Factories
Thailand's government has announced the formation of a special committee to revise relevant laws and expedite damage assessments for industrial estates severely affected by recent floods. The committee will be chaired by Varawut Silpa-archa.