Kamol Hengkietisak
Bangkok Post
The Cambodian government announced on Aug 23 that former prime minister Thaksin Shinawatra had resigned as a personal adviser to Prime Minister Hun Sen and as economic adviser to the Cambodian government, citing personal difficulty in fulfilling the roles. This paved the way for Bangkok and Phnom Penh to restore normal diplomatic relations, noted Nongnuch Singhadecha writing for Matichon.
Even though some Thai critics remarked that it was a staged act by Thaksin and Hun Sen and that the Thai government should not put much faith in Hun Sen, Nongnuch believed it was in Cambodia's own interests to dismiss Thaksin as an adviser - otherwise Thailand would not resume normal diplomatic ties.
After Thaksin resigned from his positions, the two countries returned their ambassadors to their posts in Phnom Penh and Bangkok respectively. Diplomatic relations had been downgraded to the charge d'affaires level when Thaksin was appointed adviser in November last year.
Nongnuch speculated that Hun Sen finally realised that supporting Thaksin openly and wholeheartedly was not in the best interests of Cambodia. As time passed, Hun Sen realised that holding "junk stock" like Thaksin and hoping for a quick profit would not materialise and that Thaksin was static on a declining trend and could even plunge to a lower level than his IPO price as there was no positive news to support him. In the parlance of stock speculators, Thaksin stock has no future.
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Even though some Thai critics remarked that it was a staged act by Thaksin and Hun Sen and that the Thai government should not put much faith in Hun Sen, Nongnuch believed it was in Cambodia's own interests to dismiss Thaksin as an adviser - otherwise Thailand would not resume normal diplomatic ties.
After Thaksin resigned from his positions, the two countries returned their ambassadors to their posts in Phnom Penh and Bangkok respectively. Diplomatic relations had been downgraded to the charge d'affaires level when Thaksin was appointed adviser in November last year.
Nongnuch speculated that Hun Sen finally realised that supporting Thaksin openly and wholeheartedly was not in the best interests of Cambodia. As time passed, Hun Sen realised that holding "junk stock" like Thaksin and hoping for a quick profit would not materialise and that Thaksin was static on a declining trend and could even plunge to a lower level than his IPO price as there was no positive news to support him. In the parlance of stock speculators, Thaksin stock has no future.
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