Free NewsletterPro Login
Free Live Investors Workshop
Seats limited
Tue, Sep 29.
The dollar is losing value.
Here’s how investors can still profit.
Hosted By
Jaspreet Singh
Founder, Briefs Finance
X

Warning: Undefined variable $stocks in /var/www/briefs.co/htdocs/wp-content/plugins/oxygen/component-framework/components/classes/code-block.class.php(133) : eval()'d code on line 448

Warning: foreach() argument must be of type array|object, null given in /var/www/briefs.co/htdocs/wp-content/plugins/oxygen/component-framework/components/classes/code-block.class.php(133) : eval()'d code on line 448

Warning: Undefined variable $funds in /var/www/briefs.co/htdocs/wp-content/plugins/oxygen/component-framework/components/classes/code-block.class.php(133) : eval()'d code on line 472

Warning: foreach() argument must be of type array|object, null given in /var/www/briefs.co/htdocs/wp-content/plugins/oxygen/component-framework/components/classes/code-block.class.php(133) : eval()'d code on line 472
/* the link was here */

Thailand OKs 4 Billion Baht in Flood Aid as Deluge Roils Flights, Schools, and Factories

Published Sep 29, 2026
Share:
Summary:
  • Prime Minister Anutin Charnvirakul said Tuesday that the cabinet approved about 4 billion baht (about $119 million) to support flood recovery.
  • A burst of more than 12 inches of rain over two to three days swamped Bangkok, disrupting 155 schools and 1,267 businesses across 40 provinces as of Sept. 28.
  • Thai Airways scrubbed 22 flights for Sept. 29-30 and temporarily pared about 30% of its Bangkok departures, while a Honda motorcycle plant paused output for two days.

Relief Approved and Local Response

The government greenlit around 4 billion baht in emergency support, with Anutin Charnvirakul announcing the move on Tuesday. Crews are draining waterlogged areas and getting food and essentials to people stuck by high water.

Bangkok absorbed more than a foot of rain in a matter of days, close to a full September's worth, swamping streets and homes as drainage systems buckled. Education Minister Prasert Jantararuangtong said 155 schools have been affected, some under water for four to five days. Several will remain closed this week, exams are being pushed back, and some campuses are doubling as evacuation sites.

Transport and Tourism Disruption

Thai Airways International Pcl canceled 22 flights planned for Sept. 29-30 after floods kept many employees from reaching the airport, which in turn triggered cascading delays and stranded more than 5,000 bags at Bangkok's Suvarnabhumi Airport. To steady operations, the flag carrier temporarily reduced about 30% of its usual schedule from Bangkok, trimming from roughly 110 daily takeoffs. Chief Executive Officer Chai Eamsiri said the carrier expects to have operations back to usual in 72 hours, and he apologized to passengers. The stock dropped up to 2.4%.

Tourism and Sports Minister Surasak Phancharoenworakul said the airline's response hurt Thailand's tourism image and urged the Finance Ministry, which is the biggest shareholder, to call an urgent board meeting.

Auto Sector and Industrial Areas

Officials are keeping close tabs on Prachin Buri and Rayong, key provinces in the eastern auto hub. At an emergency briefing Tuesday, government spokesman Ekkapob Pianpises said waters in Prachin Buri could start to ease, while Rayong still faces heavy rain and spillway releases.

Honda Motor Co. stopped motorcycle production at a Thai facility on Monday and Tuesday due to flooding, with plans to restart on Wednesday, a company official said. More broadly, the Federation of Thai Industries said most auto plants are still running and parts flows are largely intact, and it kept its 2026 output goal at 1.45 million vehicles.

Unexpected events remind savers to review their risk plan and preserve capital. Join Briefs Finance CEO Jaspreet Singh on September 29th for a FREE live investor workshop, How to Profit From A Dollar That's Losing its Value, where he shows how we're spotting investment opportunities as the dollar falls. Save your spot.

Damage Totals, Regional Impact, and Longer-Term Plans

As of Sept. 28, across 40 provinces, flooding had affected 1,267 businesses - among them 52 factories and 1,162 small and mid-sized firms - with preliminary losses put at 22.2 million baht.

The same storm system caused major flooding in Myanmar's southern Tanintharyi region, where runoff inundated more than 40 villages. Myanmar's Ministry of Social Welfare, Relief and Resettlement reported at least one death and more than 8,000 people displaced in Dawei district.

With the economic fallout mounting, Thailand is weighing bigger defenses. Danucha Pichayanan, secretary-general of the National Economic and Social Development Council, said the cabinet is considering a 160 billion baht, eight-year plan to reroute floodwaters from northern Thailand away from densely populated areas downstream. Some money is already earmarked, and additional borrowing could speed up the build.

What It Means For Your Portfolio

This is what broad-based climate risk looks like on the ground: grounded flights, paused production, postponed exams, and thousands of small businesses coping with water damage. For anyone with exposure to Thai carriers, auto supply chains, or tourism, these headlines explain the capacity cuts, delays, and price swings.

If that long-term diversion project advances, watch which contractors and materials providers land the work, and how quickly funding moves. That is where recovery spending could show up first.

Keeping a steady strategy helps your savings weather disruptions and grow over time. Our CEO Jaspreet Singh is hosting a FREE live investor workshop, How to Profit From A Dollar That's Losing its Value, on September 29th. Sign up free to join him live.

Disclosure

Recent News

1 2 3 … 88

Get Market Briefs delivered to your inbox every morning for free!

No fluff. No noise. No politics. Just finance news you can read in 5 minutes.

Blogs

September 28, 2026
The Strategic Bitcoin Reserve: Why the Government Wants Bitcoin to Explode
  • The US government holds about 328,000 Bitcoin, worth roughly $25 billion, and since a 2025 executive order it keeps seized coins instead of selling them.
  • Washington wants a bigger pile of assets so its $40 trillion national debt looks smaller next to them, which lets it keep borrowing and spending.
  • Bitcoin's wild price swings, and a government holding a coin built to escape governments, are the two risks investors need to watch.
Read More
September 25, 2026
BRIEFS EXCLUSIVE: 43% Of Respondents Say Bills Outran Their Income Over Past Two Years
  • 43% of the 494 Market Briefs readers surveyed said their bills grew faster than their income over the past two years, even though 79% could cover a surprise $5,000 expense tomorrow.
  • Half of readers own gold or crypto, the two classic bets against a weaker dollar, and only 13% bought nothing at all in the last 12 months.
  • The median reader says it takes $150,000 a year to feel financially secure, about $62,000 above the U.S. median household income.
Read More
September 25, 2026
The Economy Is Booming. So Why Did Stocks and Bonds Fall Together?
  • S&P Global says the US economy is growing at its fastest rate since 2021, with corporate profits up 28.9% in a year, almost four times the historical average.
  • Stocks and bonds fell at the same time, which is not how the two markets normally behave, because Treasury yields above 5% now compete with stocks for investors' money.
  • Jaspreet Singh lays out three ways to invest through a shift like this: always be buying, buy the crash, or follow the money before it hits the headlines.
Read More
September 24, 2026
The 2026 Economic Reset Is Starting: Are We in a Recession, or Is the Pain Still Ahead?
  • The Federal Reserve has flipped from stimulating the economy to fighting inflation with higher interest rates, while the White House still wants growth at almost any cost.
  • The national debt tops $40 trillion, has outgrown the entire U.S. economy, and its interest payments are now the government's fastest-growing expense.
  • Higher rates bring pain for private equity, private credit, and speculative assets, but they open opportunities for investors holding cash, treasuries, and value assets.
Read More
September 23, 2026
Are We in a Recession? Without AI, America Might Already Be in One - and Washington Knows It
  • The White House attributes about three quarters of U.S. economic growth to AI, and many believe the economy would already be in a recession without it.
  • Washington has three reasons it cannot let the AI boom slow down: staying the world's superpower, outgrowing $40 trillion in national debt, and protecting a government stock portfolio worth billions.
  • Every market goes through booms and busts, and investors who understand the cycle get to buy the downturn instead of panic-selling with the crowd.
Read More
September 22, 2026
Will Interest Rates Go Down in 2026? Where the Money Moves Either Way
  • The Fed is leaning toward higher rates to fight 4% inflation, while the White House and a cracking job market push the other way.
  • If rates rise, money has tended to move toward short-term Treasuries, floating-rate loans, energy, banks and dividend payers.
  • If rates fall, it has tended to move toward gold, silver and Bitcoin, real estate, small caps, the S&P 500 and speculative bets.
Read More
September 21, 2026
How the Federal Reserve Makes Money - and Why It Just Posted Its Biggest Loss Ever
  • For 109 years the Federal Reserve created money, lent it to the U.S. government and handed the interest it collected back to Washington - almost $1 trillion in the decade starting in 2011.
  • Pandemic-era lending locked the Fed into earning about 2% on trillions of dollars while it now pays banks around 4%, producing a record loss of hundreds of billions in 2026.
  • The Fed covers its losses by creating money and the government covers its lost revenue by borrowing, and both feed the inflation that eats at the dollars in your account.
Read More
September 18, 2026
Kevin Warsh Just Defied Trump: What the Fed Rate Hike Means for Your Money
  • The Fed raised rates for the first time since 2023 in a unanimous vote led by Kevin Warsh, the chairman President Trump appointed to cut them.
  • Higher rates make the $40 trillion national debt, business loan resets and mortgages more expensive, but they strengthen the dollar and pay investors holding cash.
  • The war with Iran is pushing up oil, grocery and chip prices, another hike is likely in 2026, and recession talk is about to get louder.
Read More
September 17, 2026
Why America Bailed Out the Yen: The Japan Carry Trade, the Dollar and Your Mortgage Rate
  • In July 2026 the US sent money to steady the yen because Japan is the largest foreign owner of US debt, and Washington needs Japan to keep lending.
  • For decades the Japan carry trade let Wall Street borrow yen at essentially 0% and pour it into US stocks, real estate and Treasuries, and rising Japanese rates are shutting that off.
  • A weaker yen means fewer buyers for the dollar and for US debt, which pushes Treasury rates up and drags mortgage, car loan and credit card rates up with them.
Read More
September 16, 2026
Treasury Yields Are Spiking Because Lenders Are Backing Away From U.S. Debt
  • The U.S. is paying its highest 30-year borrowing rate in about two decades because its biggest lenders, the Fed, foreign governments, and banks, are all pulling back from Treasuries.
  • Every mortgage, car loan, credit card, and business loan is priced off the 10-year Treasury yield, so when Washington pays more to borrow, so do you.
  • With about $40 trillion of debt against a $32 trillion economy, the country either outgrows its debt or slides into a doom loop, and investors need a plan for both.
Read More
1 2 3 … 27
Share via
Copy link