The Federation of Thai Industries said in a statement that its member companies lost between 6 billion and 7 billion baht due to recent floods. According to the federation, more than 2,000 enterprises affiliated with the federation distributed in 14 provinces were affected by the floods. The report points out that small and medium-sized enterprises with limited financial buffer space have been hit more than large enterprises. Meanwhile, the Meteorological Service of Thailand predicts heavy rainfall in many southern provinces from October 12 to 18.

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