Politics8/27/2025Bloomberg

Hotel Tycoon Calls for Urgent End to Thai-Cambodia Border Spat

Hotel Tycoon Calls for Urgent End to Thai-Cambodia Border Spat

In a statement, Minor International Pcl, a major Asian hospitality group, has called for an urgent resolution to the ongoing border dispute between Thailand and Cambodia. The conflict is negatively impacting businesses and the tourism industry in the region. The company's chairman, Bill Heinecke, emphasized the need for the two countries to find a diplomatic solution to the border issue, which has been simmering for years. The dispute has led to intermittent military clashes, causing disruptions to trade and travel between the two nations. Minor International, with a significant presence in both Thailand and Cambodia, has expressed concern over the impact of the conflict on its operations and the broader economic consequences. The company urged the governments to prioritize negotiations and find a peaceful resolution that would restore stability and support the recovery of the tourism sector, which has been crucial for the region's economic growth.

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