It's obvious part of the problem was brought about by bad advice:
Once known as the "Venice of the East," Bangkok was founded 225 years ago on a swampy floodplain along the Chao Phraya River. But beginning in the 1950s, on the advice of international development agencies, most of the canals were filled in to make roads and combat malaria. This fractured the natural drainage system that had helped control Bangkok's annual monsoon season flooding.
Also illegal activity:
But the city, built on clay rather than bedrock, has also been sinking at a far faster pace of up to 4 inches annually as its teeming population and factories pump some 2.5 million cubic tons of cheaply priced water, legally and illegally, out of its aquifers. This compacts the layers of clay and causes the land to sink.
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