Urgent Flash Flood Warning for Ayutthaya as Chao Phraya River Surges Residents on High Alert

[Music] urgent flash flood warning for ayat is chia frier River surges residents on high alert flash flood warning in aat chow frer River on the rise the Royal irrigation Department rid has issued an urgent alert to Residents in parts of aat advising them to prepare for imminent flash floods due to a significant rise in the Chow frer River Authorities are closely monitoring two key water stations to assess the situation on Wednesday the rid specifically warned those living near Kong Fong Fang in anong Kong bang ban in bang ban district and the surrounding areas of fak high District in ayat these low-lying regions are at an elevated risk of flooding as the situation intensifies criticism is mounting on the th station Facebook page where users are condemning the government's inadequate compensation for residents already affected by the rising Waters compounding the concern the water release rate at the Chow fryer barrage Dam in China has increased to 1,400 to 1,500 cubic m/s up from the previous week's 900 to 1,400 cubic m/s at the C13 station near the Chow fryer barrage the water flow reached a high of 1,498 cubic m m/ second on Wednesday the C2 water station in the meing district of nens San Upstream from The Barrage reported a flow of 1,529 cubic m/s santhan Secretary General of the office of the National Water Resources on NWR warned that continued widespread rainfall could push the C2 station's discharge rate to 2500 cubic m/s and the C13 station to 2,000 cubic m/s in the coming days on a more positive note surasi mentioned that major dams including pable in Tac sirit in aarit and quoi bam rang Dan in fit selock still have sufficient capacity to accommodate additional water water catchment areas are also being utilized to manage the excess flow residents in chinat singburi an thong ayat patamon and non buuy are on high alert for potential flash floods as the Chow fryer River continues to rise meanwhile Sonu and tan Jan director of the meteorological observation division at the Thai meteorological department has forecasted that tropical storm yagi is expected to bring heavier rains to the north and upper Northeast regions from September 8th to 13th fukit braces for potential natural disasters Landslide and flood risks identified potential series of natural disasters threatens fukit data indicates fukit Thailand intense rain and the risk of flash floods have placed Old fukit Town a popular tourist spot among 49 high-risk areas for landslides and flooding in Thailand the department of mineral resources has highlighted the province's vulnerability through mathematical models and geographical analysis in response fugit's Governor sansu wanat has directed all relevant agencies to prepare for potential natural disasters including flash floods runoff and landslides this alert comes in the wake of severe landslides on August 23rd that resulted in 13 fatalities and 19 injuries the landslides were attributed to deforestation linked to construction on Natco Hill where trees were cleared for the big Buddha statue project meanwhile other regions in Thailand are also on high alert due to Rising water levels the Chow frer Dam in chap province has increased its water discharge in preparation for heavy rains expected from tropical storm yagi water levels along the Chow frer River including in Bangkok and 11 other provinces are predicted to rise by up to 40 cm the Royal irrigation department has urged provinces in central Thailand to brace for additional rainfall as the storm is likely to indirectly impact the country by elevating water levels in major rivers Bangkok Governor inspects cha frer flood defenses ahead of northern water influx Governor reviews Chow frer River flood defenses ahead of incoming Northern Waters Bangkok Thailand on September 3rd Bangkok Governor chadchart cun accompanied by Deputy Governor wisanu subspan and officials from the Department of drainage and sewage conducted an on-site inspection of flood defense barriers along the chiao frer river the inspection focused on the stretch from wat thong in bangu District to the wetp in Fran nen District Governor chadchart highlighted that the area near wats thong in bangu is a key location as it borders the Buri Province the inspection aimed to evaluate the flood barriers in anticipation of the first wave of northern water masses on September 2nd the water level Rose by 25 cm reaching 1.75 m above mean sea level MSL up from 1.50 M MSL on September 1st despite the rise the 3.5 M High flood barriers are currently sufficient to handle the water levels though continued vigilance is required following the inspection Governor Chad chart and his team conducted a boat survey along the Chow frer River from watsar fonga to the wet Pier they noted that the water level remained well below the top of the flood barriers sandbags have been added to reinforce vulnerable areas often referred to as missing teeth the northern section of bangkok's flood barriers is generally higher than the southern section due to the greater impact of Northern Waters with the flood barrier in bang na for example standing at two 2.8 M after disembarking at the wet Pier Governor chadchart stressed the need for careful monitoring of this missing teeth maras which are used as passageways the the wet Pier area is particularly vulnerable to flooding as it lies outside the main flood barriers Bangkok has 17 communities located outside these barriers which will be at risk if the water rises further the flood barriers must be thoroughly inspected to ensure there are no gaps as even a small breach could lead to significant problems while there is no immediate cause for alarm we must not be complacent the current water levels are still far from the critical levels seen in 2011 my greater concern however is the rainfall as a low pressure trough is currently moving through Bangkok I have therefore ordered the drainage of canals to prepare for potential flooding similar to how we are preparing for the northern Waters Governor chadchart concluded Thailand seeks Japan's Oda for Nationwide airport development projects Halen to seek Japan's Oda for Nationwide airport development the transport Ministry plans to secure Japan's official development assistance Oda to support the development of airports across Thailand aiming to attract more passengers and travelers to the country caretaker transport Minister Seria Jang grang ranit announced on Tuesday that the ministry intends to upgrade several airports including the construction of new passenger terminals at souan abumi and Don muing airports in Bangkok as well as the development of the new Lana International Airport in Chiang ma these airport upgrades will enhance Thailand's capacity to handle a larger number of passengers and travelers Seria stated noting that this initiative aligns with the Thai government strategy to increase foreign arrivals Seria emphasized the importance of seeking Oda from Japan to enhance the future potential of Thai airports He also mentioned that Thailand is fast tracking the development of Subways and dual track Railways to transition the country's transportation system from road to rail Japan's expertise and financial support are crucial for ensuring a smooth transition Seria added he highlighted Japan's significant contribution to various Tha rail transport projects such as the Kung de aiat Central Terminal Station and the MRT blue and purple lines Seria noted that Thailand has received Oda through the Japan International cooperation Agency for the past 70 Years starting with the first assistance in 1954 the transport Ministry extends its gratitude to the Japanese government for its ongoing support especially in transport infrastructure projects He said adding that Japan's assistance has played a key role in enhancing Thailand's potential to become a Transportation Hub In asan tha CEO confirms Airbus a 350 Fleet remains fully operational despite cath Pacific suspension Tai CEO affirms Airbus a 3 50 Fleet in excellent flying condition Thai Airways International th assured on Wednesday that its Fleet of airb a 350 aircraft remains fully operational despite recent news regarding cath Pacific's temporary suspension of similar aircraft the statement followed cath Pacific's announcement that it would Hal flights using the Airbus a 350 until Thursday September 5th for engine inspections this decision came after cath Pacific CX 383 flight from Hong Kong to I was canceled on September 2nd just 75 minutes into the flight due to a right engine issue CA Pacific's inspection revealed that 15 out of 48 Airbus a 350 aircraft in its Fleet required component Replacements with three already repaired in response Tha CEO chai IMI confirmed that the Thai carrier had not halted operations of its 23 Airbus a 350 aircraft chai emphasized that Tai's maintenance department conducts regular inspections in adherence to safety standards there are currently no abnormalities with the engines of our aircraft he stated chai also noted that the cause of the issues experienced by cath Pacific's Fleet remains unclear but he assured that th will closely monitor the situation th confirms that our Airbus a 350 Fleet is operating normally and we will continue our regular inspections to ensure the aircraft meet all safety standards chai added Rama two road construction to finish by June 2024 confirms transport Minister Rama 2 road construction to conclude by June next year says transport Minister transport Minister Seria jangro and rankit announced today that the three ongoing road construction projects on ramama 2 Road Highway 35 are slated for completion and will be open to traffic by mid next year the Rama 3 daong Western Ring Road Project managed by the Expressway authority of Thailand is currently 8 92% complete and is expected to be ready for traffic in June next year meanwhile the parallel bridge to the Rama 9 bridge is on track to open by the end of this year according to the minister the second project an 8.3 km elevated Road between bangane and eaai falls under the responsibility of the highways Department construction is expected to wrap up by November with a trial run between the pantti norring and mahachai toll plaza set for the end of the year Minister serier has instructed the highways Department to expedite the construction of the entrances and exits for the ramama 3 daar non Weston Ring Road to ensure they are opened on schedule the third project involves the 16.3 km section of the bangan theme Bano elevated Motorway between eaai and banf Serio emphasized that this section must be completed by the end of June next year allowing the motorway to be fully operational by 2027 the min also directed all relevant agencies to enforce strict safety standards on contractors to prevent any accidents during construction that could endanger motorists Chinese Imports threaten Thai Industries Economist calls for tariffs and strategic reforms Chinese Imports threaten for key Thai Industries Economist advises tariffs Rising costs for Thai businesses are prompting an economist to recommend government action against cheap Chinese Imports as the US Presidential C approaches analyst FIFA luang Umi Chief Economist at kkp research Kat nin fatra Securities kkp warns that the ongoing us China trade war will likely persist potentially exacerbating the situation for Thailand especially if Donald Trump is reelected fat highlights the high probability of increased tariffs in China which could lead to Thailand becoming a Transit hub for cheaper Chinese Goods as China's economy weakens and domestic trade declines these low cost products are increasingly being exported to countries including Thailand this influx of cheap Imports has intensified competition and undermined the competitiveness of Thai businesses in the first half of this year Thailand's trade deficit with China reached 30 billion the broader trade war between the US and China has reduced global trade volumes further limiting Thailand's trade opportunities and increasing costs for local businesses for major Thai Industries are particular vulnerable steel automobiles hard disk drives and petrochemicals these traditional sectors are facing heightened challenges especially as the electric vehicle EV and petrochemical industries grapple with increased competition and Rising costs fat points out that Thailand's key Industries remain traditional and industrial production and trade volumes have yet to recover fully this stagnation in economic growth is impacting the earnings outlook for thae listed companies which have seen declining profits over the past decade due to a lack of significant capital investment in new Industries to address these issues fat recommends that the government impose tariffs on Chinese Imports priced below production costs and ensure that the quality of Chinese Goods meets Thai standards he also suggests promoting foreign investment preparing the workforce for new Industries to tackle labor shortages and addressing Regulatory and political stability issues Thai businesses are advised to invest in Innovation and shift towards higher quality production to remain competitive analysts predict property and financial stocks will rise if Bank of Thailand Cuts rates in December analysts predict property and financial stocks will rise following anticipated rate cut Securities analysts forecast that stocks in the property and financial sectors will experience price increases if the bank of Thailand B implements an interest rate cut in December analysts expect the the B to announce a reduction in the policy rate during its December meeting particularly if the US Federal Reserve reduces its interest rates earlier this month gun hather asaa an investment Analyst at CGS International Securities predicts that such a rate cut will lead to higher prices for property and financial stocks he noted that property stocks which have decreased further this year are likely to benefit the most gun explained that property companies generally have broader investment markets in rural areas whereas Financial firms are more concentrated in Metropolitan regions however he also highlighted ongoing challenges for the property sector due to flooding which could prompt investors to relocate their Capital if the situation persists he added that growth in the loan Market is expected to be sluggish this year due to stricter lending measures by Banks and Rising household debts the impact of the government's digital wallet scheme on household debt remains uncertain passorn wangu Witcher Owen Deputy research director at Asia plus Securities anticipates that the rate cut will be announced at the bot's December 18th meeting with the October meeting likely maintaining the rate at 2.5% he believes that non-bank financial institutions and higher purchase businesses will particularly benefit from the lower Financial Capital costs conversely apach chart fuan jeral senior Analyst at tisco Securities disagrees with the consensus he believes the B will likely hold off on reducing the policy rate this year given expected improvements in the Thai economy due to government stimulus measures appach chart speculates that the central bank will wait to see the effects of US Federal Reserve policies before making any changes he agrees however that once a rate cut does occur both property and financial stocks are expected to rise due to their sensitivity to interest rate changes thank you for tuning in for the latest updates don't forget to like And subscribe be to our Channel