Public assets and infrastructure losses amounted to RM232.7 million. Read more at straitstimes.com.
Malaysia logged RM622.4 million in losses due to floods last year, with the east coast states of Terengganu and Kelantan making nearly 60 per cent of the losses.
In a special report on the flood impact issued Thursday, the Department of Statistics Malaysia said the RM622.4 million losses were equivalent to 0.03 per cent against the nominal Gross Domestic Product. Agricultural losses amounted to RM154.5 million, while business premises logged losses of RM50.3 million, followed by losses to vehicles and manufacturing .
Floods in Malaysia have become a yearly phenomenon, triggered by the north-east monsoon that brings heavy rain from November to March.drawing strong criticism from the public and opposition leaders for holding an election during the monsoon season, when he had up to September 2023 to do so.to head to flood-hit areas when parts of Selangor were inundated with flash floods.
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