Thailand Flood Damage Could Reach One Trillion Baht

Nov. 9 (Bloomberg) -- Bloomberg Television's Mia Saini reports on Thailand's flooding disaster. Damage to property and assets caused by the flooding could rise to between 700 billion baht ($22.8 billion) and 1 trillion baht, the Bangkok Post reported, citing estimates from the University of the Thai Chamber of Commerce. The disaster has had the greatest economic impact on the nation of any event since the 1997 Asian financial crisis, the report said. (Source: Bloomberg)