Hotel Tycoon Calls for Urgent End to Thai-Cambodia Border Spat
Representatives of international organizations look at barbed wire and tires that according to Cambodian officials were placed by the Thai military in a disputed area along the Cambodia-Thailand border, on Aug. 22.
Photographer: Str/Pool/AFP/Getty ImagesThailand and Cambodia should urgently resolve their simmering border conflict to minimize hit to businesses and tourism, according to Minor International Pcl, one of Asia’s largest hospitality groups.
The cost of tensions between the two Southeast Asian neighbors hasn’t been fully recognized, and will have a significant impact on business operations of many Thai companies, William Heinecke, chairman of Minor International, said at a panel organized by the Stock Exchange of Thailand on Wednesday.