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WaqasAltaf
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Supply Network Guru
Re: Thailand Flood
WaqasAltaf   6/25/2012 9:32:37 AM
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@ Jacob

Its not the flood or any natural disaster that actually damages the economy many of the times, its the perception that economy would be under crisis and therefore such expectation causes further damages. One obvious reason is the tourists not visiting the country.

Jacob
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Supply Network Guru
Thailand Flood
Jacob   6/25/2012 2:12:31 AM
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"Right now the main risk to economic progress is flood in Thailand"

Waqas, I don't think so. As of now the major issue is with economic slowdown and financial crisis. Most of the EU countries are struggling with slow growth rate and economic slowdowns. In Asian countries, inflation rates are going up with lower growth rate and in US some other financial crisis. Ok, I agreed that last year Japanese tsunami and Thailand flood had accelerated these situations.

Mr. Roques
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Supply Network Guru
Re: lesson to learn
Mr. Roques   6/22/2012 4:44:24 PM
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But certain countries have higher risks, and you plan for that. It may not happen and you can't plan for the worst, but something must be done.

WaqasAltaf
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Supply Network Guru
re:
WaqasAltaf   5/16/2012 10:49:14 AM
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@ Jacob

"More over in case of FDI, much assurance is also required at international level."

The only way to give assurance to potential investors which can contribute to FDI is to show them the effectiveness of flood prevention measures that have been redeveloped because right now the main risk to economic progress is flood in Thailand. 

Jacob
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Supply Network Guru
Re: lesson to learn
Jacob   5/16/2012 5:17:42 AM
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Roques, nobody can predict when natural disasters can occur or happens. For certain disasters like flood, volcano etc we can take some precaution steps but it may not be feasible always for small countries like Thailand especially in industrial sector.

Jacob
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Supply Network Guru
re:
Jacob   5/16/2012 5:10:04 AM
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waqasAltaf, disasters are natural and most of the countries are facing similar situations once in a while. But how early they can recover from the disaster is important. That's entirely depends up on how the local governments are stable and capable for doing things at the root level. Post disaster is really a mess for most of the authorities/governments to restore the normal business and living standard. More over in case of FDI, much assurance is also required at international level.

Mr. Roques
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Supply Network Guru
Re: lesson to learn
Mr. Roques   5/15/2012 6:17:14 PM
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Have they taken the precautions to avoid the impact of a new possible flood? You can't plan for a complete natural disaster but you certainly can't afford to make the same mistake.

bolaji.ojo
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Blogger
Re: lesson to learn
bolaji.ojo   5/15/2012 10:01:10 AM
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The concern many have in the case of Europe is the feeling they've just been lumbering from one solution to another. Perhaps it is easier for a country to recover from a natural disaster than it is to recover from a man-made disaster!

nimantha.d
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Supply Network Guru
Re: lesson to learn
nimantha.d   5/15/2012 9:28:53 AM
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Yes and it shows how powerful the online services are. Many did contribute towards the cause because of the online awareness programs

bolaji.ojo
User Rank
Blogger
Re: Re : Thailand Rises From Floods
bolaji.ojo   5/14/2012 7:29:55 AM
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T.Alex, The increase in IT spending in Thailand is coming from three different sectors, all of them connected. The government is working on infrastructure improvements, businesses are doing the same especially in the telecom service provider market and consumers are fascinated with smartphones. This trend is not unique to Thailand in Asia but it is ramping in the country because of the relative political stability it has begun to enjoy after the turmoil of recent years.

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