Thai confidence at 10-year low; floods hit more firms

Reuters: Thai consumer confidence fell to a 10-year low in October because of flooding that has taken 533 lives and shut thousands of factories, with another industrial estate threatened on Thursday as water spread in the east of the capital, Bangkok. "The flooding has dragged down consumer confidence and it will probably fall further if the economy is severely affected and the government can't speed up rebuilding within 3-6 months," said university economist Thanavath Phonvichaisaid. The consumer confidence......

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