Thai ‘Credibility’ at Stake as Factories Soak in Flood Plain

Hana Microelectronics Pcl is among the thousands of Thai companies with factories swamped by record floods calling on the government to help ensure it never happens again as waters slowly recede north of Bangkok.

“Thailand’s credibility is on the line here,” said Hana Chief Executive Richard Han, whose Bangkok-based company makes parts used in digital music players and mobile phones. “A complete review of how to protect these industrial estates needs to be conducted and it needs government support.”