• WWW.PATTAYAMAIL.COM
    Thailand-Cambodia border clash raises concern but economic stability remains strong
    While the border clash between Thai and Cambodian forces may raise global concern, a calm assessment is essential — especially for foreign investors and long-stay residents in Thailand. This analysis looks beyond the headlines to examine Thailand’s economic fundamentals and the actual impact on the foreign community. While the border clash between Thai and Cambodian forces, may raise eyebrows globally, it is important to assess the situation calmly, especially for foreign investors and long stay residents in Thailand. This analysis offers a clear view of Thailand’s current economic fundamentals, the real impact on foreign presence in the country, and why stability remains intact for the vast majority of regions and sectors. 1. Thailand’s Economic Recovery Is Ongoing but Still Sensitive to Shocks As of mid-2025, Thailand’s economic landscape is best described as “fragile but progressing” Q2 GDP growth stands at 2.3%, below regional averages but steadily recovering from pandemic era lows. Household debt remains high at over 91% of GDP, dampening local consumption. Tourism has returned to ~75% of pre-COVID levels, with strong inflows from ASEAN and India, though China and Europe remain slower to rebound. The Thai baht remains moderately volatile, reflecting global uncertainties more than domestic fundamentals. The current border incident occurs during a delicate recovery phase and could weigh on investor sentiment if not managed with swift and clear communication. 2. Impact on Foreign Businesses, Expats, and Tourists Foreign Investors and Industrial Operators. Multinational manufacturers, especially those with facilities in Eastern Economic Corridor (EEC) provinces like Chonburi and Rayong, have not been directly affected by the border unrest. However, risk assessments are being updated, especially for industries relying on Cambodian labor or cross border logistics. Japanese, Korean, and European investors are likely to temporarily adopt a “wait-and-see” approach before further expansion. Long Stay Expats and Tourists. Popular expat hubs such as Pattaya, Chiang Mai, Phuket, and Hua Hin remain entirely peaceful and unaffected. Foreign embassies have issued routine travel advisories, not evacuation notices. Expatriates holding long term visas (LTR, Retirement, Work permits) are not impacted legally or logistically by the border situation. For now, Thailand remains a safe, functioning, and welcoming destination for foreign residents and visitors. 3. What Thailand Can and Is Likely to Do to Preserve Confidence To maintain investor and expatriate trust, the Thai government should consider. Clear, multilingual communication from government spokespersons and the Ministry of Foreign Affairs, reinforcing that this is a localized incident. Engaging directly with embassies and foreign chambers of commerce, to maintain transparency and confidence in safety and continuity. Incentivizing domestic tourism and border-area investment recovery, should disruptions to logistics persist. Closely monitoring SME sectors relying on Cambodian workers or supply chains, and offering short term labor substitution or automation support. Bottom Line: Calm, Resilience, and Opportunity “In an uncertain world, countries that manage their crises with transparency and stability will emerge stronger.” Thailand’s core economic zones, infrastructure, and institutions remain unaffected by the border tensions. If managed properly, this episode may ultimately strengthen Thailand’s reputation for resilience, diplomacy, and long term investment security in Southeast Asia. For foreign investors and long-stay residents, the message is clear Thailand is still open, stable, and moving forward. Victor Wong (Peerasan Wongsri) Victor Law Pattaya/Finance & Tax Expert Email: <[email protected]> Tel. 062-8795414
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  • THEPATTAYANEWS.CO.TH
    ตร.บางละมุง รวบพ่อค้า พร้อมยาบ้า 50 เม็ด
    ตำรวจชุดสืบบางละมุง รวบไอ้ตั้ม พ่อค้ายาเสพติดพร้อมยาบ้า 50 เม็ด วันที่ 28 กรกฎาคม 2568 พ.ต.อ.สราวุธ นุชนารถ ผกก.สภบางละมุง ได้มอบหมายให้ชุดสืบสวนลงพื้นที่ปฏิบัติการเชิงรุกเพื่อกวาดล้างยาเสพติดในพื้นที่ โดยมี พ.ต.ท.กรณ์พงษ์ สุขวิสิฏฐ์ รองผู้กำกับการสืบสวนฯ พ.ต.ท.วุฒิพงษ์ กาสา สารวัตรสืบสวนฯ และ ร.ต.อ.สมาน บุญแก้ว รองสารวัตรป้องกันปราบปรามฯ ร่วมกับกำลังเจ้าหน้าที่ชุดสืบสวนออกติดตามพฤติกรรมผู้ต้องสงสัย โดยทราบว่าผู้ต้องหารายนี้มีพฤติกรรมลักลอบจำหน่ายยาเสพติดให้กลุ่มวัยรุ่นในพื้นที่ กระทั่งสามารถจับกุมผู้ต้องหาได้ 1 ราย ทราบชื่อคือ นายบันเทิง หรือ ตั้ม อายุ 40 ปี โดยจับกุมได้บริเวณซอยนาเกลือ 1/1 หมู่ 2 ตำบลนาเกลือ อำเภอบางละมุง จังหวัดชลบุรี พร้อมของกลาง 1.ยาบ้าจำนวน 50 เม็ด บรรจุในถุงสีน้ำเงิน เบื้องต้นเจ้าหน้าที่ได้แจ้งข้อกล่าวหาในความผิดฐาน 1.มียาเสพติดให้โทษประเภท 1 (เมทแอมเฟตามีน) ไว้ในครอบครองโดยผิดกฎหมาย 2.เสพยาเสพติดให้โทษประเภท 1 […]
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  • THEPATTAYANEWS.CO.TH
    พัทยาเปิดไฟ PATTAYA CITY เป็นลายธงชาติไทย ส่งกำลังใจแนวชายแดน
    พัทยาเปิดไฟ PATTAYA CITY เป็นลายธงชาติไทย ส่งกำลังใจแนวชายแดน
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  • WWW.PATTAYAMAIL.COM
    What next in Thai-Cambodian border issues?
    The hope is that the spirit of cooperation between Thailand and Cambodia is a new dawn. EDITORIAL There is universal relief that the first, if tiny, steps have been taken in the troublesome Bangkok versus Phnom Penh de-escalation.  The initial statement confirms an immediate ceasefire (technically from midnight), to be followed on the morning of July 29 by an informal meeting of army generals on both sides, plus possible involvement of Asean defence attaches.  There will be Asean monitoring of the ceasefire according to most recent reports in Bangkok. A meeting of the “General Border Committee” has been set for August 4.  Whether this is the same two-nation body as the hitherto named “Joint Boundary Commission”, or some kind of reincarnation with a third-party chairman, remains unclear.  This body last met in June and failed to make any progress on four areas of Emerald Triangle with their ancient and hotly disputed temple sites. An encouraging feature of the acceptance speeches by acting Thai prime minister Phumtham Wechayachai and Cambodian premier Hun Manet was their thanks to both the United States and China in setting up the meeting.  As expected, the White House press secretary was quick off the mark in praising Donald Trump and suggesting he be given the Nobel Peace Prize.  China has yet to comment publicly about any detail. It is clear from Malaysian prime minister Anwar Ibrahim’s remarks that the 10-nation Asean bloc will operate a watching brief.  Although Asean will not be directly involved in the nitty-gritty, it will act as in a quasi-independent role which neither Cambodia nor Thailand can ignore.  Thus the mention of third party Asean defence attaches in the joint ceasefire communique is a positive sign. But now the hard work has to begin.  There is the extremely thorny issue about procedure as Thailand believes only in two party resolution, whereas Cambodia has already referred the issue of the ancient Hindu temple of Preah Vihear to the UN’s Court of International Justice in The Hague for the third time.  This now begs the question whether or not Cambodia will withdraw its request, especially as the ICJ has twice supported Cambodia over border disputes in 1962 and 2013.  If not, it is difficult to see how Thailand can accept UN-related arbitration especially as she withdrew from recognizing ICJ rulings as early as 1960. The lines of control in some border regions are not precisely as they were two months ago.  The Thai military has expanded its territory by occupying several mountain peaks or hills very close to disputed temples, whilst Cambodia appears to have occupied some rural districts whose ownership has been unclear for over a hundred years.  A basic problem is that the two sides use different maps, some dating back to 1904 and 1907, to identify their own territory.  Thus the two parties will need to agree very precisely on the removal of artillery and the withdrawal of personnel from districts which have not yet been discussed, let alone agreed on. Some will look to America and China to arbitrate if the territorial debates start becoming bitter again.  But neither superpower will want to wade into the quagmire.  Trump’s sole interest now will be whether the agreement sticks in the context of his warnings about 36 percent tariffs on both Thailand and Cambodia.  He is not particularly close to Thailand which he has said is “drifting” towards the Chinese orbit, whilst he is intensely suspicious of China’s strong influence in Cambodia which he sees as a client state of Beijing.  China won’t want the inevitable regional unpopularity if she shows bias in favour of Phnom Penh.  So the best way forward is non-partisan and delicate neutrality by the Malaysian premier. As history appears to show, many ceasefires soon break down: Israel versus Hamas or Armenia versus Azerbaijan are recent examples.  On the other hand, a 2025 ceasefire between nuclear states India and Pakistan has held well and there is always the example of the Korean peninsula which has avoided a full-blown wear since a 1953 ceasefire.  Both Thailand and Cambodia have lots in common culturally, economically and even politically. But if historical grievances, political instability and stiff pride are centerstage, the outlook is indeed dark.  Success will require compromise on both sides.  Leaders of the two countries must be determined not to repeat 33 dead, 200 injured and 300,000 displaced persons.  Next time, if there is one, will be much worse.
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