Thursday, 28 August 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Thai And Cambodian Leaders Hold Ceasefire Talks In Malaysia
Monday, 28 July 2025 17:01 WIB | ECONOMY |ECONOMIC

The leaders of Cambodia and Thailand met in Malaysia on Monday (July 28) to try to reach a ceasefire agreement on the fifth day of their fierce border conflict, amid international efforts to halt the fighting.

The Southeast Asian neighbors, engaged in their deadliest conflict in more than a decade, accused each other of starting the fighting last week, before escalating it with heavy artillery bombardment and Thai airstrikes along their 817-km (508-mile) land border.

Photos from the Thai and Malaysian governments showed the Chinese and U.S. ambassadors to Malaysia attending Monday's meeting in the administrative capital, Putrajaya, held at the residence of Prime Minister Anwar Ibrahim, who heads the ASEAN regional bloc. "The purpose of this meeting is to achieve an immediate ceasefire, initiated by President Donald Trump and agreed to by the Prime Ministers of Cambodia and Thailand," Cambodian Prime Minister Hun Manet said in a post on X.

Hun Manet posted photos of the meeting, which showed a U-shaped table formation, with himself and the Thai Prime Minister sitting across from each other, Anwar at the head of the table, and Chinese and US officials at a separate table behind Anwar.

Anwar had proposed ceasefire talks immediately after the border dispute erupted into conflict on Thursday, and China and the United States had also offered assistance in the negotiations. Tensions between Thailand and Cambodia have escalated since the death of a Cambodian soldier in a brief skirmish in late May.

Both sides have beefed up border troops amid a diplomatic crisis that has brought Thailand's fragile coalition government to the brink of collapse. Trump said he believed Thailand and Cambodia wanted to resolve their differences after he told their leaders in a weekend phone call that he would not reach a trade deal with them unless they ended the fighting.

The Thai leader said there were doubts about Cambodia's sincerity ahead of the talks in Malaysia. "We have no confidence in Cambodia. Their actions so far reflect a lack of sincerity in resolving the issue," Thailand's Acting Prime Minister, Phumtham Wechayachai, told reporters before leaving for talks.

"Cambodia has violated international law, but everyone wants to see peace. No one wants to see violence affecting civilians." Cambodia has strongly denied Thailand's accusations of shelling civilian targets, saying instead that Thailand is endangering innocent lives. Cambodia has called on the international community to condemn Thailand's aggression against it. Even after the peace talks were announced, both sides reported clashes in the border area on Monday.

In Thailand's Sisaket province, Reuters reporters found an evacuated village about 20 km (12 miles) from the border. Only splinters of wood and twisted beams remained of a house hit by artillery fire after its inhabitants had fled.

Electricity cables hung over the damaged house, and debris littered the street. Windows of nearby houses were shattered, shards of glass strewn about. The area was largely empty, shops and restaurants closed, and only military vehicles, tanks, and a few cars were visible on the nearby four-lane road as the distant crackle of artillery fire broke the eerie silence. (alg)

Source: Reuters

RELATED NEWS
French political crisis carries steep economic risk, business leaders say...
Thursday, 28 August 2025 04:40 WIB

The French prime minister's decision to hold a confidence vote next month carries heavy risks for the economy, bringing back fears of recession, business leaders said on Wednesday. Opposition parties...

Trump's Bet on the Fed Risks Pushing Key Bond Rates Even Higher (2)...
Wednesday, 27 August 2025 20:06 WIB

President Donald Trump's unprecedented and intensifying attacks on the Federal Reserve risk backfire by hitting financial markets and the economy with higher long-term borrowing costs. For weeks, he ...

Aussie CPI 2.8%: Yields Rise, AUD Holds...
Wednesday, 27 August 2025 08:56 WIB

Australian inflation (CPI) rose 2.8% year-on-year in July, the fastest pace since July 2024. The housing cost component jumped 3.6% year-on-year, highlighting price pressures from rents and utilities....

US Commerce Department affirms anti-dumping duties against 10 countries...
Wednesday, 27 August 2025 03:57 WIB

The U.S. Department of Commerce issued affirmative determinations of anti-dumping and countervailing duties against 10 countries on Tuesday after investigations into corrosion-resistant steel products...

Bessent says US tariff revenue could be well over $500 billion a year...
Wednesday, 27 August 2025 03:38 WIB

U.S. Treasury Secretary Scott Bessent said on Tuesday that customs duty revenues from President Donald Trump's tariffs may top $500 billion a year, with a substantial jump from July to August and like...

LATEST NEWS
French political crisis carries steep economic risk, business leaders say

The French prime minister's decision to hold a confidence vote next month carries heavy risks for the economy, bringing back fears of recession, business leaders said on Wednesday. Opposition parties have said they will bring down the minority...

Gold holds near $3,400 as Fed bets, politics weigh

Gold price remains steady on Wednesday, even though the Greenback recovered from earlier losses triggered by threats to the Federal Reserve's (Fed) independence. Nevertheless, Bullion sellers are not out of the woods as pressure from the White...

S&P 500 closes at record high as traders brace for Nvidia earnings

The S&P 500 ticked higher on Wednesday as investors turned their eyes to Nvidia earnings, which could be a make-or-break moment for the bull market. The broad market index ended the day up 0.2% at 6,481.38, setting a fresh all-time closing...

POPULAR NEWS
August US Consumer Confidence Falls on Declines in Current Conditions, Expectations
Tuesday, 26 August 2025 21:26 WIB

The Conference Board's measure of consumer confidence fell to 97.4 in August from 98.7 in July, compared with a larger decrease expected to a...

Asia-Pacific markets track Wall Street declines as investors assess Trump comments on China
Tuesday, 26 August 2025 07:33 WIB

Asia-Pacific markets mostly fell Tuesday, tracking losses on Wall Street, as investors weighed U.S. President Donald Trump's comments on...

Asia-Pacific markets track Wall Street gains on potential Fed rate cut
Monday, 25 August 2025 07:35 WIB

Asia-Pacific rose Monday, tracking Wall Street gains after Federal Reserve Chair Jerome Powell signaled that the central bank could begin easing...

European stocks trade lower; JDE Peet's shares jump 17%
Monday, 25 August 2025 15:20 WIB

European markets were lower to start the new trading week Monday as investors assessed the economic outlook after hopes of a Federal Reserve...