Printed from BusinessInsurance.com

Devastating floods in Thailand threaten agriculture sector

Posted On: Oct. 6, 2022 9:40 AM CST

Thailand

The devastating floods in Thailand, triggered by the recent Typhoon Noru, have affected nearly 160,000 hectares of agricultural land in the country, which could spur food price increases, The Statesman reported citing Bloomberg, The Straits Times, and ANN. Dubbed as the country’s worst floods in years, the deluge has affected more than 500 districts in the country and could also pose a risk to the recovery of the nation’s tourism sector.